#21 How I Achieved Financial Freedom and retired at 41 with Dr. Param Bala

Achieving financial freedom as a physician is simple, but not necessarily easy. Whether you achieve financial freedom through the stock market, real estate, or both, it’s all the same. You’re trying to create an evergreen revenue source that provides you with enough income to fund your ideal lifestyle without having to put time into your day job.

In today's episode, I speak with Dr. Param Bala, a radiologist, full-time mom, Real estate investor, and Mentor to professionals seeking Financial and Time Freedom through Real Estate Investing. Dr. Bala started investing in the stock market in 2010 and acquired her first rental in late 2013. Over the years, she's acquired multiple long-term and short-term rentals, adopted strategies to optimize returns and put systems in place for efficiency. The cash flow from these properties helped her become financially independent and retire from medicine at 41.

In a nutshell, we speak about:

• How Dr. Bala got into the real estate industry.
• How Dr. Bala refused to be a victim of the pandemic and instead chose to intentionally invest in herself. 
• Some of the common financial mistakes that physicians make.
• The three things that any physician seeking financial freedom should start doing right now. 
• Why physicians need to understand what their financial independence numbers are.

... and so much more!

Featured in the Show:

Dr. Bala’s website: https://www.generationalwealthmd.com/

Dr. Bala’s on Instagram: @generationalwealthmd

More from Doctors Changing Medicine:

• Join the Doctors Changing Medicine Community HERE
• YouTube Channel