Jim Dahle: 'Income Is Not Wealth'

<p>Our guest on the podcast today is Jim Dahle, also known as The White Coat Investor. A practicing board-certified emergency physician, Jim also focuses on helping other healthcare professionals get smarter about managing their money. He founded the White Coat Investor website in 2011 and it rapidly grew into the most widely read physician-specific website in the world. Jim's first book, <em>The White Coat Investor: A Doctor's Guide to Personal Finance and Investing</em> came out in 2014. <em>The White Coat Investor's Financial Boot Camp: A 12 Step High-Yield Guide to Bring Your Finances Up to Speed</em> was released in February 2019. In addition, Jim has a podcast and videocast, online courses, and runs a live conference. Jim earned his Bachelor of Science degree in molecular biology from Brigham Young University and then attended the University of Utah School of Medicine. He trained at the University of Arizona Emergency Medicine Residency Program and then served four years with the Air Force and the Navy.</p></p><p><p><strong>Background</strong></p></p><p><p><a href="https://www.whitecoatinvestor.com/about/" target="_blank">Jim Dahle bio</a> <a href="https://www.whitecoatinvestor.com/about/"></a></p></p><p><p><a href="https://www.whitecoatinvestor.com/" target="_blank">The White Coat Investor</a> </p></p><p><p><a href="https://www.amazon.com/James-M-Dahle-MD/e/B00ID19CFC?ref=sr_ntt_srch_lnk_1&qid=1598556084&sr=1-1" target="_blank">Jim Dahle books</a> </p></p><p><p><a href="https://www.whitecoatinvestor.com/wci-podcast/" target="_blank">WCI podcast</a></p></p><p><p><strong>Physician Finances</strong></p></p><p><p><a href="https://www.studentdoctor.net/" target="_blank">The Student Doctor Network</a></p></p><p><p><a href="https://www.sermo.com/about/" target="_blank">Sermo</a> </p></p><p><p><a href="https://www.medscape.com/slideshow/2020-family-physician-wealth-debt-6013045" target="_blank">“Physician Debt and Net Worth Report 2016,”</a> Medscape.com, April 20, 2016.  </p></p><p><p>“<a href="https://www.whitec