S2, Episode 51-Bo Liu- Making It Rain Dollars in Debt Forgiveness

The Freedom Formula for Physicians | How Doctors Cut Debt & Slash Taxes | Business Of Medicine | Financial Education

For all the show notes, resources, & loads of free resources, check out more podcasts at www.DoctorFreedomPodcast.com

Have you struggled with trying to decide how to tackle your mountain of student debt?

Have you felt like pulling your hair and throwing your hands up in frustration over all of these options?

PSLF, IBR, PAYE, ICR, & REPAYE. All these acronyms float around in your brain and you aren't sure which one to choose!

Well my friend, no worries we have your back covered today!

Welcome back to our monthly fireside chat with a physician to get to know their journey, their joys, and their struggles with finances and outside of finances.

This show is not always about actionable content. It is however a chance for you to see behind the curtains, to walk in another person’s shoes and experience their lives.

Our next guest was kind enough to allow me to guest post on his blog for the second time and now he is generous enough to share with us his journey and his wisdom.

I wanted to invite him back because he is a wealth of knowledge! As a matter of fact, he helped my wife and I save a few hundred bucks on our phone upgrade.

He is currently a radiology resident at Florida Hospital Orlando. Throughout his medical education, he’s noticed a surprising lack of personal finance knowledge among young medical professionals, many of whom are extremely bright and talented. Hence, he created a blog, FutureProofMD.com
Currently, he’s been focusing on topics relevant to a recent medical graduate such as loan repayment and financial organization.
I can’t wait to get an update from him!

Please help me welcome Dr. Bo Liu

In this podcast, you will discover...

• Why did he switch from IBR to REPAYE

• His inspiration to start a blog

• Learn how you can get the government to subsidize the interest on your loans

• Why you need to understand the difference between subsidized & unsubsidized loans

• Why paying zero is a good thing (Hint: It leads to a lot more of something good)

• Discover the burden of capitalized interest & why REPAYE wouldn't be a good fit for some doctors

For all the show notes, and more, check out the podcast website at www.doctorfreedompodcast.com

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