Anyone else not getting as much tail in med school as they thought they would?

[Mad Jack]

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When some girl from a poor district shot you with an arrow?

I used to be a sleazy degenerate, until I took that arrow to the knee...

 

[WingedOx]

I meant this:

Confusing a Spartan for a Trojan!? Them's fightin' words!

 

[operaman]

Reading this thread reminded me of an article I read awhile back. Seems pretty fitting for this discussion so here it is for those who haven't read it:

(Some language may be nsfw)

http://www.cracked.com/blog/6-harsh-truths-that-will-make-you-better-person/

 

[happyrunningfuturedoc]

This kind of post would be never posted by a girl, lol.

Girl here. Why not?

 

[Psai]

Girl here. Why not?

They just don't. Girls and boys have very different posting styles and it is easy to tell for many people. Girls don't get an MD with the thought that the degree will attract potential mates and they definitely wouldn't make a thread about it.

 

[happyrunningfuturedoc]

Well then I guess I'll have to start that thread. Single lady med students wanna pick up dates, too!

 

[Psai]

Well then I guess I'll have to start that thread. Single lady med students wanna pick up dates, too!

I'm right here bb

 

[MedicineZ0Z]

Trust me! It will be game changers. OP will be able to attract even attractive professional women... Myself and many of my friends were in similar situation when we were in nursing school... Once we got a job and start making money, things changed completely... I do not think we suddenly became better looking guys and/or our game got better..😛

So you're saying an average professional male will attract attractive professional women over attractive professional men?

They just don't. Girls and boys have very different posting styles and it is easy to tell for many people. Girls don't get an MD with the thought that the degree will attract potential mates and they definitely wouldn't make a thread about it.

It helps women just as much as it helps men.

 

[Psai]

So you're saying an average professional male will attract attractive professional women over attractive professional men?

It helps women just as much as it helps men.

No it doesn't. It might actually be a detriment

 

[MedicineZ0Z]

No it doesn't. It might actually be a detriment

Not sure where you got that idea from. Every guy I know highly values things like education, ambition and success in female. If anything I see guys giving it more value these days than women do.
We have to remember that it's 2015 and not 1985. What each gender values has gone through a huge transition.

 

[Psai]

Not sure where you got that idea from. Every guy I know highly values things like education, ambition and success in female. If anything I see guys giving it more value these days than women do.
We have to remember that it's 2015 and not 1985. What each gender values has gone through a huge transition.

Yeah no. But if it makes you feel better to lie to yourself then that's fine with me

 

[W19]

So you're saying an average professional male will attract attractive professional women over attractive professional men?

All I am saying is that if you are an average looking professional man with a good job, you will attract attractive professional female... People that are saying money/status does not help that much are kidding themselves...

 

[sloop]

Yeah no. But if it makes you feel better to lie to yourself then that's fine with me

I have to agree with him. I don't think this is a big issue among our generation (esp. Among the educated people of our generation who female med students/doctors are likely to date). At least, any issue here is probably as true for men as it is for women because I doubt it has much to do with gender roles anymore and mostly has to do with insecure people, regardless of gender.

 

[MedicineZ0Z]

All I am saying is that if you are an average looking professional man with a good job, you will attract attractive professional female... People that are saying money/status does not help that much are kidding themselves...

Average goes with average.
Would you even want someone to want you for your money and status? It's your looks and personality that make someone like you for who you are.

 

[W19]

Average goes with average.
Would you even want someone to want you for your money and status? It's your looks and personality that make someone like you for who you are.

I agree with you 100%, but some people were saying if you can't get female while you are med student, your faith won't change that much once you become an attending... I was pointing out that their assertion is incorrect.

 

[MedicineZ0Z]

I agree with you 100%, but some people were saying if you can't get female while you are med student, your faith won't change that much once you become an attending... I was pointing out that their assertion is incorrect.

Well I have seen some people go from o to a 100 even after becoming a resident. It's just that "100" in this context was very average looking girls at best so not exactly what premeds envision as being a game changer.

 

[ThoracicGuy]

I thought that as soon as you officially became a med student, the dating game would be like fishing with dynamite. I thought you had to fend them off with a stick. Maybe that's only after you get your MD? Confused. Sort of want a refund.

Bro, do you even lift??

 

[MedicineZ0Z]

Maybe the attending in the house can shed some light. lolz

 

[W19]

Well I have seen some people go from o to a 100 even after becoming a resident. It's just that "100" in this context was very average looking girls at best so not exactly what premeds envision as being a game changer.

If someone could not get Ronda Rousey (MMA fighter) as a premed, I am sorry--you are not going to get Jessica Alba as an attending!

 

[zero0]

Did we really need another SDN dating thread?

Yes. Yes we did.

 

[Porfirio]

I never had a problem. The first two years of medical school were easy, and I had plenty of time off. As for money, I was neither rich or poor. My fiancée and I met during my 2nd year of medical school. She had just graduated college, and was in her first year of teaching middle school.

 

[Law2Doc]

I mean, even on a PCP income, I'd have more money than I'd ever need...

Thanks-I needed the chuckle. Please refer back to this post in a few years and you'll see the humor in seeing.

Yes, You will have enough to pay your bills and some minor niceties but you'll be so far from "more money than I'd ever need" it's clearly going to surprise you. You'll still be watching your budget and tightening your belt on many things. Never underestimate the ability of your expenses to rise to meet your salary. Kids, daycare/nanny, exes, mortgages, taxes all end up costing a ton. I know you don't plan to pay for your future kids schooling, which is a biggie, but there are plenty of other huge expenses in your future that will eat at your nest egg.

Doctors aren't really rich, on average. They are kind of at an income level where they have a foot in two worlds-- they can see,want and afford a few of the things the upper class have, but there are a lot of expenditures that hurt to make and will come at the expense of spending. They have to prioritize in a way that those who have "more money than they could ever need" won't. Go to any fancy prep high school -- the "poor" kids will be those where one parent is a doctor (and haven't been through a divorce.) so yes if they prioritize kids education they can generally make it happen, but it makes other things very tight. Meaning you will still have money worries as a doctor. Probably more so because your kids will hang with kids whose parents buy them cars and throw them massive birthday parties, and go on fancy vacations you can't possibly afford, and your neighbors will quickly tire of bringing you along on their membership to the local country club, but you frankly can't afford to join or otherwise financially keep up. So basically you are still running the same race but now pitted against a faster class of runners.

Yes we all say we will continue to live like a resident as a doctor for a while, pay off bills, stay in the studio apartment eating pb&j and taking the bus to work a few more years, but it never happens. You will move to a place you can barely afford, drive a new car, continue your debt, and hope there's no big costly event down the road.

 

[PL198]

Not sure where you got that idea from. Every guy I know highly values things like education, ambition and success in female. If anything I see guys giving it more value these days than women do.
We have to remember that it's 2015 and not 1985. What each gender values has gone through a huge transition.

no they don't.

 

[PL198]

Thanks-I needed the chuckle. Please refer back to this post in a few years and you'll see the humor in seeing.

Yes, You will have enough to pay your bills and some minor niceties but you'll be so far from "more money than I'd ever need" it's clearly going to surprise you. You'll still be watching your budget and tightening your belt on many things. Never underestimate the ability of your expenses to rise to meet your salary. Kids, daycare/nanny, exes, mortgages, taxes all end up costing a ton. I know you don't plan to pay for your future kids schooling, which is a biggie, but there are plenty of other huge expenses in your future that will eat at your nest egg.

Doctors aren't really rich, on average. They are kind of at an income level where they have a foot in two worlds-- they can see,want and afford a few of the things the upper class have, but there are a lot of expenditures that hurt to make and will come at the expense of spending. They have to prioritize in a way that those who have "more money than they could ever need" won't. Go to any fancy prep high school -- the "poor" kids will be those where one parent is a doctor (and haven't been through a divorce.) so yes if they prioritize kids education they can generally make it happen, but it makes other things very tight. Meaning you will still have money worries as a doctor. Probably more so because your kids will hang with kids whose parents buy them cars and throw them massive birthday parties, and go on fancy vacations you can't possibly afford, and your neighbors will quickly tire of bringing you along on their membership to the local country club, but you frankly can't afford to join or otherwise financially keep up. So basically you are still running the same race but now pitted against a faster class of runners.

Yes we all say we will continue to live like a resident as a doctor for a while, pay off bills, stay in the studio apartment eating pb&j and taking the bus to work a few more years, but it never happens. You will move to a place you can barely afford, drive a new car, continue your debt, and hope there's no big costly event down the road.

or you will be financially intelligent

 

[Señor S]

or you will be financially intelligent

But you won't.

 

[PL198]

But you won't.

and why is that?

 

[Mad Jack]

Thanks-I needed the chuckle. Please refer back to this post in a few years and you'll see the humor in seeing.

Yes, You will have enough to pay your bills and some minor niceties but you'll be so far from "more money than I'd ever need" it's clearly going to surprise you. You'll still be watching your budget and tightening your belt on many things. Never underestimate the ability of your expenses to rise to meet your salary. Kids, daycare/nanny, exes, mortgages, taxes all end up costing a ton. I know you don't plan to pay for your future kids schooling, which is a biggie, but there are plenty of other huge expenses in your future that will eat at your nest egg.

Doctors aren't really rich, on average. They are kind of at an income level where they have a foot in two worlds-- they can see,want and afford a few of the things the upper class have, but there are a lot of expenditures that hurt to make and will come at the expense of spending. They have to prioritize in a way that those who have "more money than they could ever need" won't. Go to any fancy prep high school -- the "poor" kids will be those where one parent is a doctor (and haven't been through a divorce.) so yes if they prioritize kids education they can generally make it happen, but it makes other things very tight. Meaning you will still have money worries as a doctor. Probably more so because your kids will hang with kids whose parents buy them cars and throw them massive birthday parties, and go on fancy vacations you can't possibly afford, and your neighbors will quickly tire of bringing you along on their membership to the local country club, but you frankly can't afford to join or otherwise financially keep up. So basically you are still running the same race but now pitted against a faster class of runners.

Yes we all say we will continue to live like a resident as a doctor for a while, pay off bills, stay in the studio apartment eating pb&j and taking the bus to work a few more years, but it never happens. You will move to a place you can barely afford, drive a new car, continue your debt, and hope there's no big costly event down the road.

You're talking about living an entire lifestyle I don't want to live. Even as an RT, I was saving nearly a third of my income AFTER paying cash for my tuition at a private university just because I literally didn't know what to do with the rest of the money. When I'm done with all this ****, I'm not moving to some fancy neighborhood, signing up for a country club (golf is literally the worst sport I've ever played), or probably even having kids, let alone spoiling them (Not hating on anyone that has them, but they just aren't for me). I don't want anything the upper class has- I just don't enjoy stuff. I have everything I need in a back yard with a fire pit, a few friends, and a barbecue. I've never been one to envy fancy the things of others- actually I've found them to be superfluous. Most people are like, "ooooh, that yacht is so amazing" and all I can think is "why would anyone ever want something so impractical and functionally pointless?"

So yeah, being a PCP will be more than enough to keep my Hyundai on the road, pay for a two bedroom house in the boonies of Connecticut, and take a vacation backpacking for a few weeks a year. I mean, if I could afford that before, why would I suddenly not be able to afford the exact same life with 3x the income?

 

[Mad Jack]

and why is that?

Probably because he's making the same assumption that all financially irresponsible people do- "your tastes grow with your income," which is BS.

 

[fancymylotus]

I am starting to realize that my worldview is very skewed from like 98% of the people who post here. Except maybe etherman.

 

[Psai]

Probably because he's making the same assumption that all financially irresponsible people do- "your tastes grow with your income," which is BS.

It's not an assumption, it happens to the majority of people. Everyone thinks "I've lived on 20k a year I can keep doing so as an attending". Nope, there are plenty of expenses that you've never even thought of that exist. I'll trust the people who have been through it, not the people who haven't.

 

[Law2Doc]

or you will be financially intelligent

Oh please. You will do the best you can, but realistically after living paycheck to paycheck throughout residency and foregoing a lot, you are going to move into the house and car and kids school system you can afford, without much cushion, and find yourself tight on cash again. I'm not talking luxury items or foolish spending. I'm saying moving out of the studio apartment into the burbs and getting a more dependable car. People saying doctors who are tight on money are not financially intelligent usually are people early in their schooling/training who think the kind of money doctors earn goes a whole lot farther than it does. You'll have bigger expenses, more taxes. You will pay your bills and service your debt, so I agree you won't have the same kind of stresses as most Americans, which is great, but there's still going to be a vast expanse between what you can afford on your doctors salary and what the people in the other houses in your same neighborhood or who send their kids to school with your kids, can afford.

Yes again we all talk about how smart it would be to live like a resident for a few years to pay down your student debt and have some sort of nest egg for the future, but I've never met anyone like that, and frankly the lengthy training already puts off some of the benefits of income so long that I think it's the rare individual who would rather live like a pauper through the remainder of his 30s to be better off thereafter. If that's what you call being financially intelligent, more power to you, but from what I've seen you are alone on this and Murphy's law suggests you'll find some other way to get fleeced down the road.

 

[fancymylotus]

You're talking about living an entire lifestyle I don't want to live. Even as an RT, I was saving nearly a third of my income AFTER paying cash for my tuition at a private university just because I literally didn't know what to do with the rest of the money. When I'm done with all this ****, I'm not moving to some fancy neighborhood, signing up for a country club (golf is literally the worst sport I've ever played), or probably even having kids, let alone spoiling them (Not hating on anyone that has them, but they just aren't for me). I don't want anything the upper class has- I just don't enjoy stuff. I have everything I need in a back yard with a fire pit, a few friends, and a barbecue. I've never been one to envy fancy the things of others- actually I've found them to be superfluous. Most people are like, "ooooh, that yacht is so amazing" and all I can think is "why would anyone ever want something so impractical and functionally pointless?"

So yeah, being a PCP will be more than enough to keep my Hyundai on the road, pay for a two bedroom house in the boonies of Connecticut, and take a vacation backpacking for a few weeks a year. I mean, if I could afford that before, why would I suddenly not be able to afford the exact same life with 3x the income?

Well then you must be a better person than all of us

 

[PL198]

Oh please. You will do the best you can, but realistically after living paycheck to paycheck throughout residency and foregoing a lot, you are going to move into the house and car and kids school system you can afford, without much cushion, and find yourself tight on cash again. I'm not talking luxury items or foolish spending. I'm saying moving out of the studio apartment into the burbs and getting a more dependable car. People saying doctors who are tight on money are not financially intelligent usually are people early in their schooling/training who think the kind of money doctors earn goes a whole lot farther than it does. You'll have bigger expenses, more taxes. You will pay your bills and service your debt, so I agree you won't have the same kind of stresses as most Americans, which is great, but there's still going to be a vast expanse between what you can afford on your doctors salary and what the people in the other houses in your same neighborhood or who send their kids to school with your kids, can afford.

Yes again we all talk about how smart it would be to live like a resident for a few years to pay down your student debt and have some sort of nest egg for the future, but I've never met anyone like that, and frankly the lengthy training already puts off some of the benefits of income so long that I think it's the rare individual who would rather live like a pauper through the remainder of his 30s to be better off thereafter. If that's what you call being financially intelligent, more power to you, but from what I've seen you are alone on this and Murphy's law suggests you'll find some other way to get fleeced down the road.

yeah I mean what do the rest of the country that make 50k a year do? they just live in cardboard houses I guess

world's smallest violin because you chose to overextend and live in a neighborhood filled with execs and apparently you're envious of how they live.

we're not talking about living like a resident for 10 years.. if you do it for 2 you should be able to get all your student loans paid off unless you have like 500K in loans and work as a PCP.

such a naive post. " well all my doctor friends overextend and send their kids to a 30k/yr private school and buy a new BMW, so I must too!"

You pretty much rain on every thread nowadays with negativity anyway tho so someone clearly **** in your cheerios and nothing we talk about will fix that anyway

 

[Law2Doc]

You're talking about living an entire lifestyle I don't want to live. Even as an RT, I was saving nearly a third of my income AFTER paying cash for my tuition at a private university just because I literally didn't know what to do with the rest of the money. When I'm done with all this ****, I'm not moving to some fancy neighborhood, signing up for a country club (golf is literally the worst sport I've ever played), or probably even having kids, let alone spoiling them (Not hating on anyone that has them, but they just aren't for me). I don't want anything the upper class has- I just don't enjoy stuff. I have everything I need in a back yard with a fire pit, a few friends, and a barbecue. I've never been one to envy fancy the things of others- actually I've found them to be superfluous. Most people are like, "ooooh, that yacht is so amazing" and all I can think is "why would anyone ever want something so impractical and functionally pointless?"

So yeah, being a PCP will be more than enough to keep my Hyundai on the road, pay for a two bedroom house in the boonies of Connecticut, and take a vacation backpacking for a few weeks a year. I mean, if I could afford that before, why would I suddenly not be able to afford the exact same life with 3x the income?

A lot of us started out like you -- hanging out with a few brews around a fire pit with good friends seemed like you had all you needed. Been there. It doesn't last. You grow other interests. Those friends get married and move on. You too move on, get married and have kids even though you thought you wouldn't. And suddenly the old hyundai isn't big enough and you trade it in for an SUV and then suddenly the house is too small. And you get new friends with new interests. If not golf maybe it's something else, like deep sea diving, bicycling, restoring old muscle cars, whatever. You'll find your wife and kids like four star hotels better than backpacking. And your backpacking buddies will have moved on in life anyhow. My point is you will change and if not everyone is going to change around you.

 

[Mad Jack]

Oh please. You will do the best you can, but realistically after living paycheck to paycheck throughout residency and foregoing a lot, you are going to move into the house and car and kids school system you can afford, without much cushion, and find yourself tight on cash again. I'm not talking luxury items or fooling spending. I'm saying moving out of the studio apartment into the burbs and getting a more dependable car. People saying doctors who are tight on money are not financially intelligent usually are people early in their schooling/training who think the kind of money doctors earn goes a whole lot farther than it does. You'll have bigger expenses, more taxes. You will pay your bills and service your debt, so I agree you won't have the same kind of stresses as most Americans, which is great, but there's still going to be a vast expanse between what you can afford on your doctors salary and what the people in the other houses in your same neighborhood or who send their kids to school with your kids, can afford.

Yes again we all talk about how smart it would be to live like a resident for a few years to pay down your student debt and have some sort of nest egg for the future, but I've never met anyone like that, and frankly the lengthy training already puts off some of the benefits of income so long that I think it's the rare individual who would rather live like a pauper through the remainder of his 30s to be better off thereafter. If that's what you call being financially intelligent, more power to you, but from what I've seen you are alone on this and Murphy's law suggests you'll find some other way to get fleeced down the road.

I really fail to see how living in the same neighborhood as my friends (bartenders, correctional officers, EMTs, teachers, and the like) is going to stress me out lol. I afforded living there just fine before. I have a completely paid off new car and never had any CC debt. I lived in a nice 2 bedroom apartment. I guess the difference between your outlook and mine is where home is- maybe you grew up in the upper middle class and that's where you want to go back to. That's fine. I grew up lower middle class, in the kind of neighborhood that isn't all that wealthy, and that's home to me. That's where I want to go back to- the same damn place I left, because it's where I belong. And that makes this idea that I'm going to blow my money on fancy **** so laughable- who am I competing with? Who am I envying?

 

[Entadus]

Oh please. You will do the best you can, but realistically after living paycheck to paycheck throughout residency and foregoing a lot, you are going to move into the house and car and kids school system you can afford, without much cushion, and find yourself tight on cash again. I'm not talking luxury items or foolish spending. I'm saying moving out of the studio apartment into the burbs and getting a more dependable car. People saying doctors who are tight on money are not financially intelligent usually are people early in their schooling/training who think the kind of money doctors earn goes a whole lot farther than it does. You'll have bigger expenses, more taxes. You will pay your bills and service your debt, so I agree you won't have the same kind of stresses as most Americans, which is great, but there's still going to be a vast expanse between what you can afford on your doctors salary and what the people in the other houses in your same neighborhood or who send their kids to school with your kids, can afford.

Yes again we all talk about how smart it would be to live like a resident for a few years to pay down your student debt and have some sort of nest egg for the future, but I've never met anyone like that, and frankly the lengthy training already puts off some of the benefits of income so long that I think it's the rare individual who would rather live like a pauper through the remainder of his 30s to be better off thereafter. If that's what you call being financially intelligent, more power to you, but from what I've seen you are alone on this and Murphy's law suggests you'll find some other way to get fleeced down the road.

You speak a lot of truth, but don't forget that some of us spend our weekends reading White coat investor (and maybe even Mr Money Mustache??!?) and dreaming of the days when we can live like residents and save at least 20% of our gross income

 

[Mad Jack]

Well then you must be a better person than all of us

It's not about being better- I have different goals and things that make me happy. And I frequently hear "that's impossible" on these forums, like not hemorrhaging money after residency because you just NEED TO SPEND is an impossibility.

 

[PL198]

A lot of us started out like you -- hanging out with a few brews around a fire pit with good friends seemed like you had all you needed. Been there. It doesn't last. You grow other interests. Those friends get married and move on. You too move on, get married and have kids even though you thought you wouldn't. And suddenly the old hyundai isn't big enough and you trade it in for an SUV and then suddenly the house is too small. And you get new friends with new interests. If not golf maybe it's something else, like deep sea diving, bicycling, restoring old muscle cars, whatever. You'll find your wife and kids like four star hotels better than backpacking. And your backpacking buddies will have moved on in life anyhow. My point is you will change and if not everyone is going to change around you.

It's still a choice. You're presenting a false dichotomy. It's not either ramen or $30 plates every night.

 

[fancymylotus]

I really fail to see how living in the same neighborhood as my friends (bartenders, correctional officers, EMTs, teachers, and the like) is going to stress me out lol. I afforded living there just fine before. I have a completely paid off new car and never had any CC debt. I lived in a nice 2 bedroom apartment. I guess the difference between your outlook and mine is where home is- maybe you grew up in the upper middle class and that's where you want to go back to. That's fine. I grew up lower middle class, in the kind of neighborhood that isn't all that wealthy, and that's home to me. That's where I want to go back to- the same damn place I left, because it's where I belong. And that makes this idea that I'm going to blow my money on fancy **** so laughable- who am I competing with? Who am I envying?

You do realize how offensive you're being, right? It's great for you that you like to go hike in the wilderness and wander through waterfalls and drive your completely paid off new Hyundai around or whatever, but that's funzies for you and that's what you want. If it doesn't cost much money, for you. But the idea that anyone who wants things that *gasp* could be considered expensive or frivolous or costly is soooooo terrible? Not cool.

 

[Psai]

I really fail to see how living in the same neighborhood as my friends (bartenders, correctional officers, EMTs, teachers, and the like) is going to stress me out lol. I afforded living there just fine before. I have a completely paid off new car and never had any CC debt. I lived in a nice 2 bedroom apartment. I guess the difference between your outlook and mine is where home is- maybe you grew up in the upper middle class and that's where you want to go back to. That's fine. I grew up lower middle class, in the kind of neighborhood that isn't all that wealthy, and that's home to me. That's where I want to go back to- the same damn place I left, because it's where I belong. And that makes this idea that I'm going to blow my money on fancy **** so laughable- who am I competing with? Who am I envying?

I will be here in 10 years to watch you post the exact same thing as law2doc to some snot nosed medical student who thinks he's figured it all out unlike all those silly financially irresponsible doctors. Just like every premed thinks they're going to save all their patients with their amazing and thorough care, not like those lazy docs who spend no time with their patients.

 

[fancymylotus]

A lot of us started out like you -- hanging out with a few brews around a fire pit with good friends seemed like you had all you needed. Been there. It doesn't last. You grow other interests. Those friends get married and move on. You too move on, get married and have kids even though you thought you wouldn't. And suddenly the old hyundai isn't big enough and you trade it in for an SUV and then suddenly the house is too small. And you get new friends with new interests. If not golf maybe it's something else, like deep sea diving, bicycling, restoring old muscle cars, whatever. You'll find your wife and kids like four star hotels better than backpacking. And your backpacking buddies will have moved on in life anyhow. My point is you will change and if not everyone is going to change around you.

Stop making so much sense. Just stop

 

[Mad Jack]

You do realize how offensive you're being, right? It's great for you that you like to go hike in the wilderness and wander through waterfalls and drive your completely paid off new Hyundai around or whatever, but that's funzies for you and that's what you want. If it doesn't cost much money, for you. But the idea that anyone who wants things that *gasp* could be considered expensive or frivolous or costly is soooooo terrible? Not cool.

I never said it is terrible. I said, in my original comment, "a PCP salary is more than enough for me to live off of." And I've also said other people have different expectations and that's fine. But it is enough for me.

 

[fancymylotus]

I never said it is terrible. I said, in my original comment, "a PCP salary is more than enough for me to live off of." And I've also said other people have different expectations and that's fine. But it is enough for me.

But you also say that you just don't get how people could want nicer things or want to move to bigger houses etc bc you just save all your money since you don't know what to do with it. You're clearly trying to act like you're so much better because material things don't matter as much to you, or at least that's the impression I've gotten. Repeatedly.

 

[W19]

Why is it so hard to believe that some people can live well below their means? I have known a few people who have done that...

 

[Law2Doc]

yeah I mean what do the rest of the country that make 50k a year do? they just live in cardboard houses I guess

world's smallest violin because you chose to overextend and live in a neighborhood filled with execs and apparently you're envious of how they live.

we're not talking about living like a resident for 10 years.. if you do it for 2 you should be able to get all your student loans paid off unless you have like 500K in loans and work as a PCP.

such a naive post. " well all my doctor friends overextend and send their kids to a 30k/yr private school and buy a new BMW, so I must too!"

You pretty much rain on every thread nowadays with negativity anyway tho so someone clearly **** in your cheerios and nothing we talk about will fix that anyway

Um I think you shouldn't be calling others naive when suggesting people continue living like a resident for two years beyond residency. I'm not talking about my own circumstances BTW, but I've been in this cycle of new professionals in two careers now so I certainly have had first hand insight about how this all plays out. As for looking at how people with lower incomes make do, apparently you missed the big point above that expenses will climb with income and though you won't have the same issues of how to pay the bills, you'll have a whole different set of problems. And as for the BMW reference I think you missed the statement I made three times that I'm not talking about luxury expenses. I'm talking about dependable minivans not luxury cars or mansions -- because as was discussed on another thread you won't be getting those on a new doctors salary.

 

[Mad Jack]

But you also say that you just don't get how people could want nicer things or want to move to bigger houses etc bc you just save all your money since you don't know what to do with it. You're clearly trying to act like you're so much better because material things don't matter as much to you, or at least that's the impression I've gotten. Repeatedly.

It's pointless crap to me. I understand that it isn't pointless crap to them. Anyway, we need to stop derailing. If we want to have a finance talk, we should take it elsewhere.

 

[fancymylotus]

Why is it so hard to believe that some people can live well below their means? I have known a few people who have done that...

Everyone's "means" are different. Everyone's needs and wants are different. That's the point. You can have a ton of money and be happy living the way that's being described here or have nothing and need a new pair of shoes every week. It's not about that, it's about acting like you're some ****ing saint just because you're one way or the other

 

[Law2Doc]

You speak a lot of truth, but don't forget that some of us spend our weekends reading White coat investor (and maybe even Mr Money Mustache??!?) and dreaming of the days when we can live like residents and save at least 20% of our gross income

A truism is that people who make their money WRITING about investment strategies aren't making enough money actually doing those investment strategies. Or they write to self promote. But don't buy in hook line and sinker because if they really had the secrets to generating wealth they'd be spending all their time doing that.

 

[operaman]

L2D speaks the kind of truth one only learns through experience. He's also spot on the money, pun intended. The big thing is that young people commonly underestimate just how much it costs to live at a basic middle class level. You can carefully do the math all you want, point to the median income nationally being much lower than our salaries, but inevitably you will discover that he's right. Even if you live simply, you will still find yourself with less disposable income than you might think. It's nearly impossible to convince people of this until they've been through it, but it's true.

Maybe part of the disconnect is that people don't realize just how badly off financially so many people are in this country. Nobody posts their personal financial statements on heir Facebook feeds so you may not realize how bad off they are despite the appearances of affluence. You will live very comfortably as a physician and, with careful planning and intelligent spending, you can do very well. But it will be far from having more than you know what to do with. Life has a way of finding things to do with it.

Best thing to do while young is assume you too will find yourself with not quite enough. Make decisions assuming you will need and want more one day. If you break the mold and end up saving most of your money, well great, you win. Better that than being blindsided later.

 

[Entadus]

A truism is that people who make their money WRITING about investment strategies aren't making enough money actually doing those investment strategies. Or they write to self promote. But don't buy in hook line and sinker because if they really had the secrets to generating wealth they'd be spending all their time doing that.

Alright it's clear now that you're talking out of your ass. Nobody disses the White coat investor LOL

Mustachians..... ATTACK!!


Last year was the first time White Coat Investor made more money from his book sales and website than from his Emergency Med practice. He does both things because 1.) he loves them , & 2.) he gets paid. I wish everyone could be so lucky.