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Relevant Factors for Resident Physician Disability Insurance What are the relevant considerations for resident physician disability insurance? Resident physicians may want to consider getting disability insurance for several reasons. For one, being a resident physician is a demanding and physically demanding job, and there is always the risk of on-the-job injuries or illnesses that could prevent a …

Resident Physician Disability Insurance (Do You NEED It?) Read More »

What is Moonlighting? What are some opportunities for physicians moonlighting in residency?    When I say moonlighting, I mean working part-time for either the facility you’re training in or potentially an outside facility and getting paid higher than you would as a resident or fellow. First, the average annual compensation for a resident is around $60,000, less at the …

Moonlighting In Residency (How MUCH Money Can You Make?) Read More »

Ways Resident Physicians Earn Extra Money What are the different ways a resident physician can earn extra money?    Many of you are probably thinking, how the hell am I going to have time to make extra money during training? It is valid because some need extra cash. And so I have a few ways to make extra money if …

Resident Physician Extra Money (3 Ways to Earn) Read More »

When you think of reading, what comes to mind? For most people, the answer would be fiction. We love escaping into other worlds, living vicariously through the characters we meet. While this type of reading is undoubtedly enjoyable, it’s not the only type out there. Nonfiction has its unique value, and it’s a genre that can teach …

House of God Book Review: Beyond Fiction Read More »

Medical Resident Salary Do residents get paid during residency?    The short answer is yes, residents do get paid. The average salary for a resident in the United States is around $64,000.    Likely, you will not get $64,000 in your first year of residency.   Usually, 45 to 50 is an average amount in your first year out of your …

Paid During Residency (The $64,000 TRUTH) Read More »

Is a resident guaranteed a job after training?  The short answer is no. You’re not. However, it’s doubtful that you will be able to find any position when you get out of training. When you are a resident, the length of the residency depends upon what specialty you’re in. But most residents will start looking …

Guaranteed Job After Residency (4 SOLID Career Searches) Read More »

Medical Residents are Employees, Not Students Is a medical resident considered a student or an employee?     When you come out of med school, you have your first internship year, then you transition into residency, and you will get paid a salary, albeit a small one. Many residents still determine the tax classification once they enter residency and …

Resident Student or Employee (Can You SURVIVE the Taxes?) Read More »