The Journey Begins.. Sort Of

Hey there! I’m Some Random Guy Online. If you’re starting here, please take a few minutes to learn about me and the point this blog.  Now that that’s taken care of, we can get this party started.

As you already know, I am an attending physician practicing on the West Coast.  I went to college and majored in Molecular and Cell Biology.  After graduating, I worked in the biotechnology field for a few years with the idea of “gaining work experience.”  I eventually got into medical school, which I had to completely finance using student loans.  Four years and several tests later I was a “doctor.”  I completed four more years of residency training and graduated in June of 2014.  By the time I was a real doctor (attending) I had accumulated student loans totaling over $300,000.  You read that right… $300,000!  That’s enough to buy a house in some states.  If that sounds like a lot, well, it is.  According to the Association of American Medical Colleges (AAMC), the average indebtedness of a medical school graduate in 2015 was about $180,000.  So I graduated with an above average debt burden, probably one of the few times that it sucked to be above average.

Anyways, fast forward to today and that $300k+ is down to about $160,000, which, for you math savants, is about half way through.  At this rate, I will be able to pay off my loans in another year and a half.  Once that’s accomplished, I’ll be one step closer to financial independence and being able to Peace The F_@k Out from my job!

That’s about it for my first post.  Future posts will delve into how I became interested in personal finance, more specifics regarding my debt burden, as well as other components of PTFO-ing (i.e. planning, saving, investing, budgeting, spending).

Thanks for reading! Until next time.

One thought on “The Journey Begins.. Sort Of

Comments are closed.