What's the fastest way to pay off a quarter of a million in student loans? Take out some more debt and buy a practice. That's what Dr. James Heaton of Chandler, Arizona did. In this episode he shared his journey to ownership including partnerships, practice acquisitions and mergers.
You'll also hear about some of Dr. Heaton's favorite CE courses he took to meet the requirements for his FAGD and which courses he would recommend if he could do it all again.
CE courses mentioned in the show:
Thanks again to our Sponsor, Q-Optics. To take advantage of our exclusive offer for $100 off a pair of loupes or $300 of a pair of loupes and light, use the promo code SP16 when ordering. Email Sales@q-optics.com or call 1-800-858-2121 to learn more from a rep in your area.
Reese is the founder and CEO of Dentist Advisors, a registered investment advisory firm with an exclusive focus on dentists and specialists.
Since 2003, Reese has devoted his career to helping dentists plan, invest, and retire better. He is a financial planning thought-leader in the dental industry and a popular speaker at dental conventions, continuing education events, and dental districts across the country.
Reese is also the host of the Dentist Money Show: A weekly podcast dedicated to helping dentists make smart financial decisions. Dentists all over the country are using the Dentist Money Show to plan, invest and retire better.
In today's episode we talk about paying down student loans vs saving for a practice and maintaining liquidity. Does this decision change if the student loans carry a high interest rate? Listen as Reese shares some key insights into this crucial decision.