Is it possible for a resident to earn 64,000$ annually and live only on wages or even save money?
Only the nights when you are on call!Neurosurgeon or Cardic surgeon. And I know my question a bit strange but can resident stay to sleep in the hospital?
You are not listening to us . Different hospitals pay differently .Neurosurgeon or Cardic surgeon. And I know my question a bit strange but can resident stay to sleep in the hospital?
Oh, I think it would be good to live with friends in NewYork that invited me and I dont really know a lot about salaries in NY for residents. I want to by food and insurance for myself and work hard + mb live in a hospital if its possible
YesIs it possible for a resident to earn 64,000$ annually and live only on wages or even save money?
That depends upon your spending habitsHow much can resident save money annually? I have heard that prices and insurance are quite high + inflation.
My friend lives on probably less in Seattle doing IM residency. He is very frugal. Splurging for him is McDonald's. Health insurance could be through employer, and mine is maybe $50 per month, something like that (no family).Is it possible for a resident to earn 64,000$ annually and live only on wages or even save money?
There’s a near zero percent chance of matching to neurosurgery or CT surgery as a FMG.Neurosurgeon or Cardic surgeon. And I know my question a bit strange but can resident stay to sleep in the hospital?
I have to say that you have zero percent chance of matching to NS or CS.Neurosurgeon or Cardic surgeon. And I know my question a bit strange but can resident stay to sleep in the hospital?
lol agreedThere’s a near zero percent chance of matching to neurosurgery or CT surgery as a FMG.
Health and dental insurance will be available through your training program. It will come directly out of your paycheck and you should take the group insurance offered through your job as it will be cheaper than anything else you can buy on the open market. You likely do not need life insurance as it appears you do not have dependents.Oh, I think it would be good to live with friends in NewYork that invited me and I dont really know a lot about salaries in NY for residents. I want to by food and insurance for myself and work hard + mb live in a hospital if its possible
Why is that so hard to get to NS or CS?I have to say that you have zero percent chance of matching to NS or CS.
Actually, many resident have earned 64000$ annually. But different hospitals pay different salary. So you only know how much you can earn until you get the job.
Yes, please. I want to know how much do u need to pay in NY for strong required expenses(for example, insurance), excluding car rent, clothes, etc.My friend lives on probably less in Seattle doing IM residency. He is very frugal. Splurging for him is McDonald's. Health insurance could be through employer, and mine is maybe $50 per month, something like that (no family).
Plan out your own budget. Do you have a specific question about how much certain things cost in NY?
Thank you for advices!Health and dental insurance will be available through your training program. It will come directly out of your paycheck and you should take the group insurance offered through your job as it will be cheaper than anything else you can buy on the open market. You likely do not need life insurance as it appears you do not have dependents.
Professional malpractice insurance is generally covered by your program but make sure it has tail coverage if necessary. If you match in New York and are coming by yourself (which it seems you might be) you can get roommates like your friends to share the rent/utility costs for an apartment. You will need to live closer to the hospital if you're in a surgical specialty to avoid unnecessary commuting time in addition to the relatively long work day.
Daytime conference food will frequently be available while you are working in most training programs. The later afternoon /evening food might be less readily available post-covid. But if you're enterprising enough you could certainly eat for free at the associated medical campus although with an average resident salary you shouldn't have to do that.
I am not inclined to spend money on clothes, accessories. Eat simple food without flavor enhancers.That depends upon your spending habits
They are tremendously competitive, neurosurgery more than cardiothoracic surgery, and US programs favor domestic applicants. It is technically doable but a foreign medical graduate has to punch far outside their weight class to make it more likely.Why is that so hard to get to NS or CS?
Got it, thank you!They are tremendously competitive, neurosurgery more than cardiothoracic surgery, and US programs favor domestic applicants. It is technically doable but a foreign medical graduate has to punch far outside their weight class to make it more likely.
Thanks!Income - debt service - cost of living = savings + discretionary spending.