For a long career, make medicine a hobby. What do I mean by that? As most physicians know, the world of medicine is changing. Despite being high-income earners, the finances of being a doctor are quickly reaching an unsustainable position. For one thing, student loan debt is on the rise and setting us behind, averaging […]
The landscape of medicine is changing. More and more, physicians are searching for alternative ways to make additional income. What’s causing this shift? Growing dissatisfaction and burnout in the field, not to mention the financial burdens, such as student loans, causing many doctors to live paycheck to paycheck. Whether to supplement their earnings or to […]
How much time do you spend working each week? There is a cultural expectation that full-time professionals can expect a Monday-through-Friday, 40-hour work week. Doctors know that such a schedule hardly exists in our field. In fact, we work longer hours on average. Table of Contents Managing Your Office, Data, and Appointments Growing Your […]
How much time do you spend working each week? There is a cultural expectation that full-time professionals can expect a Monday-through-Friday, 40-hour work week. Doctors know that such a schedule hardly exists in our field. In fact, we work longer hours on average. According to a 2023 Medscape Physician Compensation report, the average doctor works […]
I want to begin with this compelling statistic: Nearly 40% of Americans performed freelance or had a side hustle in 2022. That’s up nearly 10% from 2021, and a third of them make freelance their full-time work. Among millennials, the statistics continued to rise to 50%. Increasingly, individuals are finding innovative ways to earn supplemental […]
More and more, physicians are pursuing entrepreneurship in areas outside of medicine. Why would a doctor need or even want a side hustle? Five good reasons. Today’s Classic is republished from Physician on Fire. You can see the original here. Enjoy! That’s right. Your doctor spent at least 11 years in post-secondary education to be […]
Now, more than ever, physicians are turning to side hustles and starting their own businesses. I think that’s a great thing–in fact, between growing burnout rates, lack of real job security, and increasingly restrictive regulations, I’d say that now is the perfect time to do just that. As a physician, if you’ve seen the value […]
As you likely know, I believe that investing in real estate is one of the best ways to generate passive income and, ultimately, reach financial independence. There are many, many ways to invest in real estate, and the decision of how exactly to invest is based on many factors. Some people, for example, make real […]
People of all walks of life are increasingly incorporating a “side hustle” into their lives, including physicians. Review some options and get hustling! Physician on FIRE breaks it down in today’s classic. Today’s Classic is republished from Physician on FIRE. You can see the original here. Today’s post is all about the “side hustle.” I […]
Today’s guest on True Doctor Stories is Dr. Jimmy Turner, founder of The Physician Philosopher blog and co-founder of the Money Meets Medicine Podcast. He’s also the author of The Physician Philosopher’s Personal Guide to Finance. I’ve asked him to share about his journey starting a blog and how it’s impacted his life. Enjoy! 1. […]
