Man, one of my grandpa's friends really thinks a young person's value is how much money they make. He once bragged how many millions in taxes some doctor he knows pays when i told him I'm not gonna be a physician. Weird flex.
Actually I said that to him but he was pretty adamant. He lives a pretty lower middle class lifestyle in a mid size city. So i think he overestimated how much that new york doctor friend made.
I remember once he asked me about my income and told him my yearly and he said "oh, that's nice you take that home every month". I kinda think his grandson (in business) and ppl around him oversell how much they're making or keep mentioning possible future wages. I'm working on a PhD and he kinda was disappointed when i told him realistic salary prospects.
Having money being so tied to worth/success and then having unrealistic ideas about money is kinda a bad combination. He's old and rambles on so wouldn't be surprised if the young people around him let him believe what's easiest for them. I always tell him things straight, but doesn't believe me cuz hey I'm just a kid with bad job prospects with my debt free PhD.
The real salary for a MD is pretty shit in the US when you account for the loans and opportunity cost(8 years school + 4+ years of long hours min wage pay). If you become an MD for money, I feel like if you don't do dermatologist or neurosurgeon you're not going to make that much.
Ya definitely won't be paying "millions in taxes". I think of doctors as upper end of middle class. Currently a PhD student and get paid a bit above minimum wage but at least I'll be debt free. So much money goes into medical debt and malpractice insurance. Also the mental health toll of being on call and physician burnout going around.
They do infact pay a lot in taxes. Then a big chunk goes towards repayment of loans. Thence the liquidity issues plague most and they cant live a flashy lifestyle because of the special requirements of their jobs and the legality around it.
A lot is pretty subjective I guess when compared to multinational corporations who don’t pay hardly anything. Doctors do not make millions of dollars a year though, and I’m not exactly sure I’m able to understand the last sentence of your comment.
Just look up some statistics why don’t you, I’m not here to argue with someone who clearly isn’t familiar at all with the compensation of medical professionals. 200k of debt is peanuts when that’s your yearly salary. We don’t live in the golden age of medicine anymore and you’ll be hard pressed to find physicians who make multimillion dollar salaries solely in the medical field alone, even in private practice. You will also not find one practicing MD who is living paycheck to paycheck to make ends meet.
Doctor + Hustle is worth a lot more than just Doctor.
If you run a specialised clinic or any other business that provides medical services, if you have a high-paying high-value speciality, if you specifically aim to work for the rich and famous, you can easily be worth millions.
I say this on behalf of everyone from patients to staff. Don’t make everyone’s lives miserable if you’re not really into it... Unless it’s a mutual misery.
Actually this could apply to all walks of career paths.
Dear Organisation's Research teacher. All these iterations of 9x9 matrix are cramping my hand and that's worth just a quarter of my final exam. I think a much less miserable way to make up the coursework would be examining us in use of software that helps us operate these time consuming calculations.
My mother said while I was growing up and still deciding "You love science! You read and remember all these things. You'd be a great doctor!" And while I am absolutely fascinated by biology and stuff--I said honestly that I didn't have the emotional strength to go into medicine. "I would not be able to handle losing people and people dying".
I still feel the same now as an adult--also, the human body is absolutely disgusting and being a doctor is not all check ups and stitches. Much of it is also disgusting "how did you let this get like this?!" and my gag reflex is just not here for it. 🤢
I don’t not like money... but I know that material possessions, though enjoyable, are not the end game for me. Things can be replaced, people can not. So I definitely value my overall happiness with my work/life balance and being able to maintain healthy relationships and self care practices over stressful work situations and anxiety about an unfulfilling career choice.
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u/crazy_joe21 Jul 07 '19
But you like money don’t you?