- Joined
- Mar 22, 2020
- Messages
- 29
- Reaction score
- 25
OK, you do realize finances are critical in everyday life. Look at the news rn during this pandemic. Notice the economy/finance is taking priority for many at this point. I think your view on debt is somewhat true but primarily fixated on your own standards. Hence your mentioning of not having a lux. life. Rather the concern really is about having a comfortable life without half a million to pay off. Simple math here,ready for it. Lets start with you graduated and excited to practice dentistry. You would have to set aside $50,000 a year for next ten years to pay off $500,000 (after taxes, interests and miscellaneous fees). Thats if you are able to start payments right away and securing a salary without prospects of purchasing a above average home or above average car that some may deem "luxurious" (Lexus, BMW, Mercedes, Telsa whatever). Which is something we all may very well are inclined to do considering the work/effort we put into our professions. I highly suggest those concerned to watch Dave Ramsey vids on youtube where countless newly graduated MD and DDS/DMD call-in for their concern of their debt and how to combat it. Those live calls are the reality. Great vids with tremendous in-sightIf a door opens, the least you can do is walk through it. It might not open for you ever again. Other doors can open down the road, that's true, but I guess you really have to ask yourself if you want THIS door. Or are you patient and willing to take a "gamble" for literally a similar outcome.
If I had a dentist's salary coupled with my work ethic, I wouldn't care about the amount of debt. I really wouldn't. I never had a luxurious life anyways.
My point is if you're getting/doing what you want then who cares. Everybody's got numbers and facts and opinions to put in people's faces when it comes to careers/schools/just about everything. Cool. Whatever. Let them have their say.
Debt smiles at us all. All a man/woman can do is smile back.
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