Why Paying Student Debt Will Make You Poor [Limitless MD, Episode 55]
A quick but useful episode today: Vikram Raya recognizes the substantial debt that most medical students graduate with and how it can feel overwhelming. He flips the take on it and makes an excellent point—most would not have been able to go to medical school without it. Understandably, most want to pay the debt off as soon as possible and be done with it. In this episode, Vikram puts forward a different strategy, one that will help you reach your goal of financial freedom faster. This is not one to miss.
“To be honest with you, if you didn’t have the debt, you couldn’t have gone to school, right? Thankfully, someone loaned us the money… to go through all this education essentially for free.”
– Vikram Raya
In This Episode:
00:00 Welcome back to another episode of the Limitless MD podcast
1:54 The debt you come out of medical school with can be tremendous
3:25 The concept of arbitrage and how your money can be better spent
3:50 The argument for taking as long as you want to pay off your student debt
5:29 Vikram’s suggestion on how to manage your student debt
5:58 Outro
Resources:
– Join our FREE group coaching program: the Physician Wealth Accelerator
– https://vikramraya.com/programs/
– Apply to work with Vik and book a clarity call here
Connect with Vikram:
– Website: https://vikramraya.com/
– Instagram: https://www.instagram.com/vikramraya/
– Facebook: https://www.facebook.com/Vikramrayamd
– LinkedIn: www.linkwithvik.com
– YouTube: https://www.youtube.com/channel/UCdq9M-kD0L2hy1UlfOK-hwQ
Special Thank You to Music Provided by Music Library https://soundcloud.com/music-library-non-copyrighted-sounds/300-violin-orchestra-jorge-quintero-copyright-and-royalty-free
