Finance Flash Go! Episode #89: Loan Mindset

Today on the Finance Flash Go! podcast, let's talk about loan mindset…or basically how you should think about debt.

Listen to the full episode and subscribe here!

loan mindset

The overwhelming majority of doctors will have loans in their life. I want to talk about what the “correct” loan mindset should be.

We take out loans early and often in our lives so they begin to feel normal. We therefore think that taking out more loans is no big deal.

Doctors begin to think that paying our loans becomes “just like any other bill.”

This is the wrong way to think about them! So how should we think about them? Let's explore.

Related posts:
10 Reasons a Hybrid Investing Approach is Best
How to Find the Perfect Balance Between FIRE & YOLO
5 Easy Steps for Physicians Who Hate Personal Finance
Finance Flash Go! Episode #45: Small Cap vs. Mid Cap vs. Large Cap Stocks
My Stock Portfolio Is Better Than Your Financial Advisor’s
Stress Free Stock Market Investing Is Easier Than It Seems!
Important Money Lessons That I Learned From My Wife
Finance Flash Go! Episode #44: Understanding Growth vs. Value Stocks

I really hope that you all enjoy the Finance Flash Go podcast! We plan to release a new episode every weekday answering important finance questions. If you ever want to submit a question to our podcast, send an e-mail to [email protected].

And please subscribe and give us a 5-star rating if you enjoy the podcast! It helps us continue our mission of helping all of us to achieve financial well-being!

Like the blog?! Don’t forget to join our Facebook group and sign up for our weekly newsletter using the form below (under the comments)!

Love the blog? We have a bunch of ways for you to customize how you follow us!

Join 20,000+ physicians on a journey to financial freedom.

Join The Prudent Plastic Surgeon Facebook group to interact with like-minded professionals seeking financial well-being

The Prudent Plastic Surgeon

Jordan Frey MD, a plastic surgeon in Buffalo, NY, is one of the fastest-growing physician finance bloggers in the world. See how he went from financially clueless to increasing his net worth by $1M in 1 year  and how you can do the same! Feel free to send Jordan a message at [email protected].

Leave a Reply

Your email address will not be published. Required fields are marked *

Related Posts

October 28, 2026

Physician Non-Compete Clauses Today: Are Doctors Any Closer to Freedom?

Earlier this week, I was speaking at a conference about the importance of financial wellness for young physicians. Another speaker was discussing physician contract negotiation

October 26, 2026

Why Smart Doctors Still Fall for Ponzi Schemes

Most physicians hear the word “Ponzi scheme” and immediately think the same thing. Obviously a scam. And they are right. A Ponzi scheme is quite

October 23, 2026

We Have a HELOC. Here’s Why I’m Careful About Using It.

I’ve noticed an interesting phenomenon recently when it comes to the value of our home. And the more I’ve thought about it, the more I’ve