Displaying items by tag: residency

Moonlighting is great for many reasons.  I think that its important to pursue moonlighting for its many immediate and future benefits.  I’m here to discuss one of the tougher parts of moonlighting, moonlighting while you have a family.  Moonlighting is a time intensive activity that will most likely take you away from your family at times that they are likely going to be home (nights and weekends mostly when you’re in training). 

When it comes to compound interest, time could be your best friend... IF you start investing EARLY. The more time time you allow your investments to grow, the more they will compound and earn substantial returns. Many people forego investing for retirement while they are in training, with the rationale of: "I can start investing when I am an attending." I will show you why this thinking could potentially cost you millions of dollars in the future.

Saving a lot of money as a Resident because you're not spending 50% of your take-home pay on rent? Making extra money because you're moonlighting like a boss and wondering where to save that extra money? Wondering whether a pre-tax or Roth investment is best to start investing in first? What about paying down loans or investing in the market? I describe how you should prioritize all of that in this post!

Welcome to my blog, DelayedEarner.com! What is a Delayed Earner, you might ask? Well, in a nutshell, that's me. Allow me to explain. My name is Jerry Hsieh, and I am a physician. I am finishing my fellowship in Pulmonary and Critical Care Medicine, and finally going out into the world to practice independently. Why do I call myself a Delayed Earner? Well, anyone who is familiar with the path of becoming a physician could probably tell you.