The White Coat Investor's Financial Boot Camp: A 12-Step High-Yield Guide to Bring Your Finances Up to Speed

I really never write reviews for anything, but this book absolutely blew me away and since it doesn't have many reviews at this time, I felt it necessary to assist future purchasers in making a great decision. Buy this book! Dr. Dahle has managed to bring me completely up to speed on everything finance related, within a couple hours of high-yield reading. I'm a 4th year medical student with literally zero previous finance knowledge. My parents never taught me anything about taxes, budgeting, insurance, literally nothing. Nor did my schooling. All of this was new to me. Disability insurance? Never knew anything about it. It's literally the first chapter in the book and probably the most important thing you can take away from the book, explained fully and clearly within a few pages of text. You'll also learn about a ton of other things you definitely need to know but were never taught: life insurance, proper budgeting, avoiding taxes lawfully, the cheapest way to pay off your loans, the cheapest and most efficient ways to invest your money, how to save for big ticket items like a house or your kids schooling, how to not lose everything you worked so hard for in a divorce or lawsuit, etc. I cannot recommend this book enough. It's simple, easy to read, high-yield, and will certainly save you many orders of magnitude more than the $25 it costs. I will certainly be referencing the book and all its helpful resources for years to come. From just this one read, I likely know more than most of my medical student peers about managing and protecting my wealth. Thank you Dr. Dahle, you financially saved me.

This book is excellent in its thorough yet concise layout. As compared to Dr. Dahle's first book, 'The White Coat Investor: A Physicians Guide to Personal Finance and Investing,' this book is certainly more comprehensive, with notably more revisions from financial professionals along with fellow physicians. Both books have their place as strong resources, and, if you're in medicine, ideally start with the first book before or during medical school, and then read this book before (ideally) or during residency. More than his first book, The WCI's Financial Boot Camp applies to a wider range of high-income professionals, with personal anecdotes throughout across numerous ages and stages of financial situations. The appendices and terminology glossary are particularly useful if you're new to the subculture of finance, as I have been over the past few years. Having read many financial books in those years - getting caught up for my lack of financial education in years prior - this book would easily be a single, one-stop-shop starter-and-end-point outline to maximize your preparedness and monetary resource management. It has the advantage of being a quick read - I finished it in just under 3 hours and I'm not a particularly fast reader - and detailed enough to go back and revisit key chapters as they apply to your situation (not all steps will apply to you at all times). Would I buy this book again? Absolutely. Have I already bought several additional copies? Yes: some for medical students, residents, new-to-practice docs - LIVE LIKE A RESIDENT - and even one for my folks, who are just starting retirement. Dr. Dahle's contribution to approachable, honest, accurate, financial resources for contemporary professionals, particularly those in the medical and surgical arts, is arguably unparalleled. Need more info in any given area applicable to you? Lots of additional books listed following each chapter, several of which I’ve read, and each well-written. Many thanks to Dr. Dahle, the WCI network, and the WCI community readership who contributed their time, insight, and personal stories to make this book great.

I’ve read more than 50 books on personal finance and investing, and this book is one of the very best I’ve read. The reason is that every page has useful information, so the time spent reading the book is a high return on investment. The writing is clear, and the author covers all the essential topics for getting your financial affairs in order. Although the book is catered for high income professionals like doctors and dentists, I think those making more modest incomes can benefit enormously from reading this book. I especially found chapters 7 and 8 on retirement plans and investing to be especially helpful—the author makes many excellent points and teaches important concepts in a very clear and effective way. The quality of the writing is evidence that the author understands personal finance and investing at a very deep level — this is impressive given the fact his day job is being an emergency room doctor. I highly recommend this book.

Thank you to Dr. Dahle for this wonderful book - The White Coat Investor's Financial Boot Camp: A 12 Step High-Yield Guide to Bring Your Finances Up to Speed. I have been a fan of the White Coat Investor including the Podcast, Blog, and FaceBook Group. Therefore, I decided to expand my knowledge and read this book. It is a fantastic read. So good I read it cover to cover in 1 weekend! It is well written and makes concepts easy to understand. Chapters where I had no previous knowledge I feel that I now have a basis. Chapters for which I had some knowledge I expanded my understanding. This should be a must read for doctors! I am finishing training this year and wish had read this earlier. A nice appendix at the end with high yield terms and example of a written financial plan. Highly reccommend!

As with all things from the Dahle/white coat investor, you’ll get good sound advice that is well presented. If you’re new to personal finance this is a great place to start. If you’ve been following his blog and read his other book, there’s not much more to learn from this book. There are some nice checklist and examples of financial plans. As with the blog, there are some clear examples in this book where he’s encouraging you to use his sponsors. I understand he has vetted these sponsors and this is how he makes money but it does appear almost as a conflict of interest.

A step by step book to help you set up your financial plan. There are 12 steps/chapters that start out with "Can I skip this chapter?" so you know if you need to do that step or not. Goes over disability insurance, life insurance, creating a spending plan, tackling student loans, purchasing a home, making an estate plan and more. Improve your financial literacy and take charge of your financial situation by reading this book, and taking action after each chapter.

I loved reading this book. As someone who recently completed a residency and has transitioned into life as an attending, I feel as if this book has given me a good financial foundation. It has 12 different topics that are each very important and crucial to your financial life (and life outside of finances). This is a book that I strongly recommend reading (and not just skimming off of the emails that you get from WCI covering these topics)! It won’t be a good book for everyone (there will be some people already practicing what is taught in this book), but for the far majority of physicians and high income earners (probably more than 95% of this category), this $25 investment and time reading this will definitely reap benefits!

This book is not just for physicians and dentists. It should be for any high income earner who has delayed entry into the workplace because of education and training. OK, one chapter on student loans is doctor specific, but the other 11 chapters are for everyone needing a basic and focused introduction to all areas of personal finance including asset protection from lawsuit. I was able to read this book on a long international flight in about four hours. Yes, I have a background in this area but I wanted to see how Dr. Dahle would put this basic introduction together. He's done a superb job by soliciting stories from readers of his previous book, blog and discussion forum to highlight and expand on valid issues. I felt this was the highlight of the book. Great stories. Please gift or pass this book along to medical students, graduate students and others venturing out into the cold cruel world of spending and consumption before they are head over heals in debt with no apparent way out but a long life of stressful work keeping up with the Jones's.