Are ESTJs the highest-paid doctors? How personality type affects physician salary
This article sheds some light on how physician salary may be linked with personality type.
Finance
Personal finance, income, investing, debt, financial independence, and all things money
I sued a company that didn’t pay me for contract work, and I won! Here’s what happened. And here’s what to do when you’re in a “client refuses to pay contractor” situation.
Having a contract is important, especially if you are doing work as a 1099 worker. Here is a personal example of why. In this case, the client refused to pay me – the contractor.
How to turn active income into passive income
Not every side hustle can be a passive source of income. In fact, most of them aren’t. But there are steps you can take to shift these side hustles from an active to passive.
Being a HENRY (high earner, not rich yet) and what you should do about it
Most early-career physicians are HENRYs (high earner, not rich yet). Here are 6 tips on how to make the most out of this situation.
The average physician salary – a comparison between salary surveys
Here are the combined survey results of popular physician salary surveys that were released earlier this year.
5 unique ways you can earn income with house call physician jobs
Doctors making house calls isn’t a thing of the past. Here are five types of house call physician jobs ranging from full-time employed positions to side gigs to business ownership opportunities.
The benefits of automated investing for busy, high-income professionals
Automated investing with platforms such as Emperor Investments makes building an investment portfolio fast and straightforward. It is perfect for physicians and other busy professionals.
Mistakes to avoid when negotiating a physician contract
Getting new job offers, paid side gigs, and opportunities to do consulting work are all quite exciting. However, before you agree to any informal verbal or written agreements, it is important to do a thorough review of the document. Here, we have 5 common contract mistakes you can easily avoid.
Collaborating MD: What are fair collaborating physician fees for nurse practitioner collaborations?
What are appropriate collaborating physicians fees when supervising a nurse practitioner? Here’s how to negotiate a fair compensation for your time, effort, and liability.
Financial independence, physician retirement age, and happiness with Xrayvsn
Physician and blogger Xrayvsn gives us his insight on financial independence, physician retirement age, and more in this interview post.
Tax deductions for physicians with side gigs
Physician independent contractor tax deductions can really add up. If you have income from a side gig, don’t miss out on them! Here are 10 that you might qualify for.
How to maximize your salary in the world of therapy
There are significant differences in salary across work settings as a physical, occupational, or speech therapist. Here, we lay them out for you.
What physicians can learn from the Theranos saga… and the problem with ‘fake it till you make it’
There are lessons to learn from Theranos’ downfall: the problem with fake it till you make it, taking advice from thought leaders, and more.
Evading the physician hourly wage trap
We tend to spend a lot of our professional lives trading time for money. Make physician hourly wage a thing of the past with these six tips, which hold true whether you’re a full-time employee or self-employed, and whether you’re practicing clinical medicine or do nonclinical work.
Health and biotech startups are looking for doctors for these 6 roles
Innovation in health and medicine is huge right now, and startups looking for doctors are not hard to find. Startups need full-time physicians, advisors, and consultants. Here are 6 ways to get involved.
New year’s career goals for doctors
It’s so easy to get into the grind and fall into the trap of “working for the weekend.” If this happens, the entire year can go by and all you’ll have to show for it is one year’s salary. One year’s salary for a physician is nothing to scoff at. But what if you could end the year with a lot more? Here’s how to get started on an ultra-effective, super-fulfilling professional life in the new year.
Investing in biotech startups for healthcare professionals
Investing in biotech. life sciences, and health startups is an appealing alternative investment for physicians. This article covers a few avenues to get started, including syndicates through online portals, angel networks, and regulation CF funding.
Now is a great time to start a side gig
There are so many alternative sources of income for doctors and medical professionals. It’s a great time to get started with a side hustle. Here are five reasons why, and how you can use them to your advantage.
How can doctors make extra money – even in a low-paying specialty?
You don’t need to be a dermatologist, plastic surgeon, or other procedure-heavy, narrowly focused specialist to enjoy a great income as a physician. There are a number of ways that family medicine physicians, internists, pediatricians, generalists, and doctors in traditionally “low-paying” specialties can earn a higher-than-average income.
Alternative investment options for doctors
‘Alternative investment’ is a broad term, though it generally refers to any number of investments that fall outside of traditional stocks and bonds. Alternative investments include investing in private companies (such as startups), peer to peer lending, real estate and real estate crowdfunding, investing in assets that have value (such as precious metals, hedge funds, and others.
Nonclinical physician salary comparison
Uncertainty about income is one of the main hesitations among physicians considering a transition to a nonclinical position. Average physician salary by specialty is easy to find, but is largely drawn from surveys of physicians practicing in traditional clinical settings. This post aims to provide a ballpark physician salary comparison for the most popular nonclinical jobs.
How to answer “What’s your current salary?” as an applicant
Employers don’t want to offer you a higher salary than they absolutely need to in order for you to accept a position. So some of them will try to find out what your current salary is. Sharing your salary is unlikely to help you, and highly likely to work against you when it comes to negotiating a job offer. Find out how to respond to this when you’re asked.
What are your salary expectations? Tips for physician job seekers.
When asked, “What are your salary expectations?” during the application hiring process, many medical professionals feel backed into a corner. You don’t need to be forthcoming with this information. Here’s what to say instead of spitting out a number.
They say live like a resident… but sometimes it’s worth it to live like an attending
Some say the medical resident budget should continue beyond residency. I agree to a large extent. But sometimes living like an attending makes sense and adds value to our lives.
How much should I charge to write articles about health and medicine?
Jobs in medical writing are a terrific gig for healthcare professionals, both as a career and as supplemental freelance work. Rates for writing jobs cover an extensive range, which can make it difficult to propose a rate to a new client. In general, for almost any contracting work as a medical professional, I recommend charging a set rate per project.
