The Independent Physician's Blueprint: Ditch Corporate Controls To Reduce Medical Practice Burnout & Generate Wealth Beyond Residency Training

142 - Car Brand Physicians Drive May Affect Paying Down Medical Student Loan Debt

Coach JPMD Season 2 Episode 142

Could your car be the reason you're still paying off student loans longer than necessary?

In this week’s “Did You Know” episode, Coach JPMD breaks down a revealing survey of over 900 physicians that highlights what car brands doctors actually choose—offering a window into financial habits that could be impacting your path to wealth and independence.

  • Discover which car brand tops the list for physicians—and what it says about smart financial choices
  • Understand how aligning your purchases with your financial goals can accelerate loan payoff

Tune in now to see if your car brand choice is helping—or hurting—your journey to financial independence as a physician.

Link to the study - You may have to create a FREE Medscape account if you don't already have one https://www.medscape.com/sites/public/lifestyle/2024

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Discover how medical graduates, junior doctors, and young physicians can navigate residency training programs, surgical residency, and locum tenens to increase income, enjoy independent practice, decrease stress, achieve financial freedom, and retire early, while maintaining patient satisfaction and exploring physician side gigs to tackle medical school loans.

Coach JPMD (00:00.056)
Did you know that physicians love Toyota's more than any other car brand? Welcome back to another episode where I help younger physicians decrease stress and increase income by transitioning from corporate to independent practices, even without any business experience. Welcome back to another episode of the independent physicians blueprint, where we help physicians decrease stress and generate wealth in this crazy world we're living in. I'm your host, CoachJPMD and this week's, did you know episode is about cars? Did you know that

Physicians drive Toyotas more than any other car ran. I was very surprised to see the study. It was a study of over 900 physicians that were surveyed in a Medscape study about lifestyle and happiness. And Toyota, the brand Toyota, is driven by 17 % of the people that were surveyed, followed by Honda, BMW, and Ford.

Ford Subaru, Mercedes-Benz came in at 8%. And I did not expect that. And I actually drive an Acura and Acura, physicians drive Acura, only 3 % of physicians in that survey drove Acura. So if you think that you have to buy a BMW or a Tesla to look like a physician, maybe not. I think you should just stick to a Toyota, especially if you still have debt. So there you have it.

I'll leave a link to the study in the show notes and we'll see you next week for another Did You Know episode.