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28th December 2011

Link reblogged from TurbulentMoxie with 43 notes

Doctors do not make as much money as you think. →

This Christmas my brother-in-law, an MD, bought a really nice new BMW hardtop convertible for himself, and a 2009 Infinity for his 17 yr-old daughter. His wife drives a Mercedes wagon.  They have three other cars (an F-150 truck, a Camry wagon, and an eight passenger van.  They have four children.  They live in a 5000 square-foot house on the water.  Last year, all the kids got Kindles for Christmas (I didn’t see any of them using their Kindles this visit).  They all have iPhones, iPads, and iPods.  My sister dropped $300 at Walmart for food and ‘stocking gifts’ for the girls.  On my birthday, we went to Williamsburg for a nice lunch, and then afterwards, for them, it was an orgy of shopping.

I don’t think he makes just a few dollars more per hour than a teacher, is all I’m saying here.  They are extravagant and have no credit card debt.  Their oldest child attends an expensive private college.  She used have several horses, but is down to one horse.  She got a $500 riding jacket as one of her many gifts this Christmas.  The youngest child does not ride, but has two donkeys (since she can’t have horses).

moxielicious:

indiangeek:

themedicalblueprint:

Hmm. Something to think about. 

Physicians spend about 40,000 hours training and over $300,000 on their education, yet the amount of money they earn per hour is only a few dollars more than a high school teacher. Physicians spend over a decade of potential earning, saving and investing time training and taking on more debt, debt that isn’t tax deductible. When they finish training and finally have an income – they are taxed heavily and must repay their debt with what remains. The cost of tuition, the length of training and the U.S. tax code places physicians into a deceptive financial situation.

Read more. 

This is what I’m going into O.O

I have been saying this since 2007 to friends. No one believes me. But if you follow the trends of government and medicine, you can see it more and more. I know at least 16 physicians were fired in two major hospitals in Chicago due to cuts. CUTS IN HOSPITALS. Doctors no longer have the stability they once did.

Source: theblankblueprint

  1. bananapostale reblogged this from theblankblueprint
  2. thingsiwoulddo4medschool reblogged this from theblankblueprint
  3. plasmodesmatarama reblogged this from theblankblueprint
  4. sanctuarial reblogged this from turbulentmoxie and added:
    This Christmas my brother-in-law, an MD, bought a really nice new BMW hardtop convertible for himself, and a 2009...
  5. turbulentmoxie reblogged this from indiangeek and added:
    I have been saying this since 2007 to friends. No one believes me. But if you follow the trends of government and...
  6. titotito reblogged this from theblankblueprint and added:
    Interesting to read and analyze. Future physicians (who may be in it solely for the money) may want to take note.
  7. indiangeek reblogged this from theblankblueprint and added:
    This is what I’m going into O.O
  8. theblankblueprint posted this