This is a YouTube video titled "How to Become a Millionaire" containing a discussion between two speakers about financial strategies during medical residency, focusing on saving income and investing early to build wealth. The conversation highlights the challenges of residency and the importance of financial planning with a partner.
Tell us a little bit about how you did this, how you became millionaires. I mean, she's six months out of training. It's pretty awesome to be a millionaire already.
Really. The key I think during residency was we basically lived off of my income, but we were basically able to put away her entire residency salary. But putting putting things on autopilot early I think is helpful because you know it's going to pay off in the future by having that time in the in the market and then also recognizing that the amount of hours that have to go into residency, if you are the partner who's not in medicine and can take an active interest and do the homework, that'll pay dividends for both of you during training and after as soon as those paychecks come in. But at the same time, right, sizing the what you're learning and passing that on so that you're not leaving your significant other in the dark.
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