Get expert advice delivered straight to your inbox.

Skip to Main Content

This Doctor's Practice Went Under, but It Didn't Sink Him

After years of struggling to keep his practice afloat, Dr. James Ochi made the difficult decision to close his doors. Patient health plans simply weren’t covering his business expenses.

"You’re basically paying thousands of dollars every month to see patients," he says. "That was a devastating time for me and my family. It was very humiliating."

But thanks to years of hard work paying off debt (and their house) before this happened, he didn’t have to worry. He was free to take a temporary, lower-paying job to support his family.

"I was willing to do whatever it took to keep us out of debt and to maintain the principles we had always lived by."

Watch this Turning Point video to see how Dr. Ochi is now winning with his career—and his money.

Related: Read even more life-changing stories like Dr. Ochi’s in The Total Money Makeover.




Did you find this article helpful? Share it!

Ramsey Solutions

About the author

Ramsey

Ramsey Solutions has been committed to helping people regain control of their money, build wealth, grow their leadership skills, and enhance their lives through personal development since 1992. Millions of people have used our financial advice through 22 books (including 12 national bestsellers) published by Ramsey Press, as well as two syndicated radio shows and 10 podcasts, which have over 17 million weekly listeners. Learn More.

Related Articles

Debt

How John and Maddi Saved Their Marriage and Became Millionaires

Discover how attending a Dave Ramsey live event took one family from financial ruin to millionaires in just six years!

Ramsey Ramsey