2 Homes, 2 Degrees, and Breaking the Poverty Cycle

about episode 273:

February 4, 2022

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Dr. David’s childhood consisted of a combination of living in cars, homeless shelters, sleeping on friend’s couches, and surviving completely on the edge. After being accepted into the US Naval Academy, he knew that he had to do everything he could to never return to that life. He has been told “no” thousands of times, that he wasn’t good enough, didn’t look the part, or simply that he wasn’t worth it. He proved every doubter wrong and has had the last laugh as he and his family now are on the...

Dr. David’s childhood consisted of a combination of living in cars, homeless shelters, sleeping on friend’s couches, and surviving completely on the edge. After being accepted into the US Naval Academy, he knew that he had to do everything he could to never return to that life. He has been told “no” thousands of times, that he wasn’t good enough, didn’t look the part, or simply that he wasn’t worth it. He proved every doubter wrong and has had the last laugh as he and his family now are on the...

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The poverty cycle is a hard one to break out of. For some people, it is near impossible to climb yourself out of the hole that society, family, or unfortunate circumstances have placed you in. But sometimes, through sheer willpower alone, those who break through can crush this cycle and bring their families up with them. Someone who’s done this (and much more), is Dr. David L. Rhoiney from surgiFI.

Dr. David is a renowned “robot surgeon”, operating on patients using the finest precision that modern technology has to offer. He holds two degrees, has two homes, and invests heavily. You’re probably assuming he was raised in a family that taught him the worth of hard work, education, and investing early. You wouldn’t be more wrong.

Dr. David’s childhood consisted of a combination of living in cars, homeless shelters, sleeping on friend’s couches, and surviving completely on the edge. After being accepted into the US Naval Academy, he knew that he had to do everything he could to never return to that life. He has been told “no” thousands of times, that he wasn’t good enough, didn’t look the part, or simply that he wasn’t worth it. He proved every doubter wrong and has had the last laugh as he and his family now are on the path to a phenomenal financial future.

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5 Financial Lessons We Can Learn From Poverty:
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@rhoineyd or https://twitter.com/rhoineyd
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Episode 273

Show notes at: https://www.biggerpockets.com/moneyshow273

0:00 Intro
2:58 Financial Trauma Blossoming into Success
12:25 Taking on The Hardest Tasks Available
19:46 Post-College Debt & Onto Medical School
24:59 Finding the Motivation to Keep Going
31:38 Back In Debt, Onto Residency
38:20 Finding Out About FI
42:21 Military Pensions
46:54 Dr. David’s Plan to Help Those in Poverty
58:18 Giving Others Financial Footing
1:11:48 Famous Four
1:17:44 Wrapping Up Dr. David’s “Never Give Up” Story