Interview Series: MedSchool Financial

This is the fifty-fourth in a series of interviews with fellow personal finance bloggers. Today’s guest is Dr. Joe from

Who is (Dr. Joe)?
Dr.Joe: I am finishing my residency in preventive medicine with a focus in management and have always had a passion for personal finance, I am a brother, fiancé, son, and a life long learner doing what I can to make a positive difference in the lives of others.

Why did you start your blog?
Dr. Joe: I started MedSchool financial for multiple reasons. First, I noticed that there was a knowledge gap in resources for the business side of medicine and with a passion for personal finance, I wanted to help provide that. As we progress through training we don’t exposed to some of these topics to the degree that I would like to see, yet it is so important. In addition, there is a growing need for transparency in health costs and issues for consumers, so the information on the site is applicable to everyone.

The other aspect, like many other financial bloggers it serves as a personal driver by providing a greater level of accountability to eliminate my own educational debt and help others do the same. The value proposition I try to bring is with my training and background in Population health, I see the lack of financial literacy and financial health as a big contributor to our chronic disease burden either directly or indirectly. It is hard for our society at large to have a sense of well-being when you don’t have control over your finances. Thus the blog serves as a way I can hopefully reach others with the hopes of helping them along their journey to wellness both in financial matters and as they work to be rid of debt and incorporate prevention for their health.

Whether it’s an article on why Not saving is bad for your health or 3 things for health and wealth at age 50. I aim to give an interesting mix of how the two areas of health and wealth building are intricately intertwined because they very much are.

The third reason is that I am an entrepreneur at heart and genuinely enjoy connecting with others that have taken the initiative to start their own businesses and blogs as a means of holding themselves accountable in reaching goals, and creating opportunities for themselves and their families. It is always amazing to follow and read stories how people are leading themselves to more secure financial futures.

What are your favorite Blogs?
Dr. Joe: I am a fan of Sam at financial samuarai, at budgets are sexy in addition to the collection at rockstarfinance,  Jim at whitecoatinvestor, Mr. money moustauche and the motley fool blogs.

When did you first become financially literate?
Dr. Joe: Its been a process, but I would say I took the crash course with my first car that I bought back in highschool that taught me valuable lessons in interest and depreciation. I then started learning about investing first on my own and later on by spending time with an investment firm.

What was the last item you regretted purchasing?
Dr. Joe: My first car, and taking out a loan for it. I ended up paying more than what I should have for my first car, and if I could go back I would have acquired it differently.

If you died today, would your family be okay from a financial stand point?
Dr. Joe: I would like to think so, as I have always made sure to have a policy that would cover my financial current financial obligations.

What are you teaching (or will you teach) your kids about money?
Dr. Joe: To keep it in proper perspective, and view it as a tool and like any other tool once you properly know how to use that tool, there are a lot of ways you can help others in addition to yourself.

What’s your dream job?
Dr. Joe: A job where I can make a positive difference in by helping others as they progress in their journey to lead a healthier life, which is mainly why I do what I do now either through working to keep people healthy or by helping provide a resource for finance and health.

If you could ask anything of your fellows PF bloggers reading this what would it be? (write in question)
Dr. Joe: There is a good quote that states “life is short, even at its longest” and thus I would ask you to keep fighting the good fight and to help spread the mission of MedSchool Financial by visiting and signing up for the newsletter, sharing the site with others, and also feel free to link to us if you have your own site. The site aligns with my mission in life and the last question of building a dream job which naturally translates into a dream life, and that is only possible with your help and support.

It has been a pleasure sharing my story with the Debt Discipline community and am grateful to Brian and the Debt Discipline family for welcoming me into their online home.

About Dr. Joseph Chiweshe,

MedSchool financial

Dr. Chiweshe is a Preventive Medicine Physician with a Masters in Health Management and Policy. He is Chief Editor at with focus in personal finance, health and the business side of medicine .  Connect with him via Twitter @ChiwesheMD

The site provides a valuable resource for the financial, economic and business aspects of medicine both personally and at the system level.

12 thoughts on “Interview Series: MedSchool Financial”

    1. EL, Thanks for the welcome and am glad to be a part of the community. I saw on money watch you participate in the yakezei challenge, which is great as I have found it to be a great way to interact, support, and stay disciplined in the process. Wish you the best in your blog as well.

  1. I always admire med students/residents it’s a very demanding journey to become a doctor. In any case, I’ve recommended the blog you mentioned Whitecoat investor to many of my friends who are/were in med school. One friend told me that he wasn’t worried about finances/investing as he’d be making a high income in the future. I was a little worried about him and sent him a link to that site. I’m glad that you’re already financially astute and will tell my friends in that field to check out your site as well.

    1. Andrew, thanks for spreading the good word. It is an important and growing issue for sure, with a large financial commitment and thus key to be planning from day one. It’s imperative, regardless of future income because its not how many you make at the end of the day its how much you keep and what you do with it. Also, saw on LivingRichCheaply that you are in NYC, I haven’t been there for a few years but its a great city, and enjoy it every time.

  2. Thanks for being part of the interview series. I’m sure there are many med student or professionals in the medical field that need help with their money. With the long years of school and possible debt its great to have a resource to help.

  3. Thanks for sharing Brian, it’s always good to find some new PF blogs.

    Dr Joe – I agree with poor first purchase being a car with debt, I’m the same.
    I only wish the internet was more advanced and PF bloggers were prolific when I was younger so I couldn’t have fallen into the various traps I fell in to.

    1. Mr. Ikonz,

      The access to resources definitely helps, and there is always something to take from experiences as well. The silver lining is hopefully the lessons learned from those early traps, will serve you well for years to come.

  4. Very interesting interview and perspective! I completely agree that finances and health – both physical and mental – are intertwined and can have a big impact on one another.

    1. Hi Amy,

      Thanks for stopping by and sharing, health is quite important, making it a focus in the process of building our financial houses will lead to savings and an overall improved quality of life.

  5. I recognize that smiling face! Glad to see you sharing your story. I love learning more about my internet friends through these written interviews. I always learn something new, like the fact that you’re engaged for example. Congrats!


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