Money-making schemes after MS1?

[TheMightyAngus]

Anyone know of any good ways to make a buck during the summer after MS1? Research grants pay only $2-3000 for ten weeks. Peanuts. Are there any medical equivalents to summer clerkships for law students? $15-20k is probably too idealistic, so I'd settle for $6-7k. Enough to max out my IRA for the year plus pay for rent and food.

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[Law2Doc]

Are there any medical equivalents to summer clerkships for law students?

Law firms pay big bucks because it is a recruiting tool for new hirees (from whom the firms hope to recoup those expenses eventually). Law firms use the second year summer to sell themselves to students, as these folks will be available for employment 9 months later. Due to the way the match and residency works, no one is likely to be recruiting in this way in medicine. So no equivalents.

 

[HOLDENc]

You can do commercials for hydroxycut.

 

[DoctorFunk]

You can do commercials for hydroxycut.

Nope, needs to get his DO first.

 

[modelslashactor]

this guy might be able to help you out:

 

[yobynaes]

this guy might be able to help you out:

lol

 

[QuantumMechanic]

this guy might be able to help you out:

I saw that idiot prancing around when I was in DC a few years ago.

Does it make me a bad person, because I really wanted to punch him in the face?

 

[werd]

it's not medical-related, but IBM has well-paying summer internships for chem- or physics-trained people to do empiric research. in undergrad you can make 4500 plus airfare and housing, but i saw some people with their degrees making twice that for 10 weeks.

 

[olliemctuffy]

You could always work as a stripper- there's some quick cash.

 

[PinoyCytosis]

I knew someone who was really good at poker. You could bet on him bringing a few 20 dollar bills with him to the casino and would come back with upper hundreds to the one or two thousand. This was in undergrad though, and he payed off some of his undergraduate debt with that.

 

[Northerner]

When did the market for sperm donations plummet? Please don't tell me I have to get rid of all these full milk jugs on my own...

 

[lkychrms19]

this guy might be able to help you out:

Mr. Lesko was the father of a student in my high school in the same graduating class as me. In case you didn't know, his cars have question marks all over them too. Once he chaperoned a field trip that I went on and I remember he was wearing lots of bells.

 

[ijcMD]

I saw that idiot prancing around when I was in DC a few years ago.

Does it make me a bad person, because I really wanted to punch him in the face?

His car is lame too. It has all those annoying ???????????????? on it.

The medical commericials are hilarious. They always have a DO who's in his/her first year of residency repping the worthless drug.

 

[psipsina]

I just got an e-mail from kaplan or princeton review or some such thing, anyway they want to pay over 20$ an hour, I don't know what the max hours you can work are but that sounds like a pretty good deal. I also highly reccomend waiting tables, if you have a good personality combined with your smarts you can multitask your way to alot of money. I made about $700 a week at a friggin TGIF in suburbia at one point for about 30 hours of work, granted your treated like dog poo and food service which just blows, but still alot of money.

 

[ElementOfDanger]

I just got an e-mail from kaplan or princeton review or some such thing, anyway they want to pay over 20$ an hour, I don't know what the max hours you can work are but that sounds like a pretty good deal. I also highly reccomend waiting tables, if you have a good personality combined with your smarts you can multitask your way to alot of money. I made about $700 a week at a friggin TGIF in suburbia at one point for about 30 hours of work, granted your treated like dog poo and food service which just blows, but still alot of money.

I teach for Princeton Review and it is definitely a good way to make extra money and I know people who teach upwards of three sessions. It really depends on how many subjects you are certified to teach. Also, different cities have more or less students/more or less teachers, so that will dictate how many classes you can teach. If you have specific questions about teaching for TPR, feel free to PM me.

Another good way to make money is to do research for a pharm/biotech company. They can usually pay better than an academic institution and you still get the experience of doing lab/bench research. Instead of making $2-3,000 you can make $6-7,000.

If those don't work, you can always be an egg donor...

 

[45408]

look into using your body for medical testing: http://www.testwiththebest.com/main.php/madison

there's one about an hour away from me, but they have other locations.

 

[deleted77919]

If those don't work, you can always be an egg donor...

That would be quite the feat for the males around here . . . but probably impressive enough to list on the CV.

 

[psipsina]

If those don't work, you can always be an egg donor...

One of my friends in undergrad did this, the hormones you have to be on for an extended period of time made her absolutely miserable and there is a risk of permanently damaging your repro system when they retrieve the egg, just a headsup if anyone actually considered this as a possibility . . .

 

[treasurefull2]

Work for NYLF... it will take up ALL of your time during the summer, but a great experience... pays well too...

 

[radiologydoctor]

look into using your body for medical testing: http://www.testwiththebest.com/main.php/madison

there's one about an hour away from me, but they have other locations.

You are taking a huge risk to be invovled with a study that is using drugs not approved by the FDA. Also, you are required to be at the facility during the whole study. A medical student and resident would not have time during school, but might during the summer if they don't have any plans.

Even though a person can make about 4,000 dollars for a 12 day stay, it is a huge risk to take since you don't know what the side effects of taking the drug are.

 

[honsano]

I saw that idiot prancing around when I was in DC a few years ago.

Does it make me a bad person, because I really wanted to punch him in the face?

No, it only makes you a bad person if you didn't......did you?

 

[sw1m]

Anyone know of any good ways to make a buck during the summer after MS1? Research grants pay only $2-3000 for ten weeks. Peanuts. Are there any medical equivalents to summer clerkships for law students? $15-20k is probably too idealistic, so I'd settle for $6-7k. Enough to max out my IRA for the year plus pay for rent and food.

So my question is: how can you add to an IRA while in med school? Are you working a job while in school? I thought IRAs could only be added to if you have taxable earned income...

 

[sponge]

So my question is: how can you add to an IRA while in med school? Are you working a job while in school? I thought IRAs could only be added to if you have taxable earned income...

The money that you earn over the summer is taxable, usually, and so you could contribute to the IRA with your summer salary. You can contribute as much as 4 grand, but no more than the amount that you made. So ideally, you would want to earn a bit more than 4 grand so that you can pay rent and eat food and still make a maximum contribution (which is where the OP got the 6-7 grand figure from). Best part is, since the summer income is taxable but you wouldn't actually owe taxes because of the standard deduction (as well as tuition deductions), you can make make a Roth IRA contribution (i.e. not tax deductible now) and not have to pay taxes when you withdraw the retirement money.

 

[akpete]

look into using your body for medical testing: http://www.testwiththebest.com/main.php/madison

there's one about an hour away from me, but they have other locations.

Uh, this place sucks, yet I so want to do a study there. They told me over the phone in the initial "application" that my sulfa allergy was no problem. They even double-checked w/ the doc and called me back the next day to say it was fine. Then I drove the hour to Madison, went through all the medical questioning, urine test, and had been there for a couple hours, and then they decided my allergy wasn't okay. I was so irritated how they completely wasted my time and didn't care.

But it sure would've been nice. $5000 for 2 3-day stays and ~12 follow-ups. I haven't tried going again because school started, and most studies require a stay anywhere from a week to a month or more.

Also, not all locations accept healthy volunteers. Some places are looking for specific conditions, like high BP.

 

[angelMD]

Do you have information on finding research oppertunities at private labs instead of medical schools? I really want to be by my boyfriend over the summer (sacramento area) but havn't gotten much response from UC Davis and am waiting to hear back about some other research.

 

[mjl1717]

look into using your body for medical testing: http://www.testwiththebest.com/main.php/madison

there's one about an hour away from me, but they have other locations.

With all due respect...Money is nice.. Ive been in studies before.... But you lose your autonomy.. Its about as close as you can get to selling your soul to the devil.... Basically you are a guinea pig.. But I guess if you have the time its doable..

 

[45408]

With all due respect...Money is nice.. Ive been in studies before.... But you lose your autonomy.. Its about as close as you can get to selling your soul to the devil.... Basically you are a guinea pig.. But I guess if you have the time its doable..

Pffft, like I haven't already lost my autonomy

 

[Gimlet]

Pffft, like I haven't already lost my autonomy

Yeah, he's married!

 

[braluk]

Would you guys donate sperm? The place in boston near my undergrad a few years ago gave a few hundred dollars to donors if done a few times a month. Theres alot of rigorous testing though. If not, you could always find odd jobs or tutor for kaplan or something.

 

[Biscuit799]

I saw a commercial last night... something about buying a house for 400 bucks. Sounds like a great deal to me! If that doesn't work, you could always try out the cash flow business! http://www.witcfb.com/

 

[45408]

Would you guys donate sperm? The place in boston near my undergrad a few years ago gave a few hundred dollars to donors if done a few times a month. Theres alot of rigorous testing though. If not, you could always find odd jobs or tutor for kaplan or something.

you wouldn't be unnerved by seeing a little kid walk by that looks a lot like a Braluk, Jr.?

 

[braluk]

you wouldn't be unnerved by seeing a little kid walk by that looks a lot like a Braluk, Jr.?

Lol, yea I would, thats why I didnt opt to go through that route, although maybe with my psychic abilities I can start my own army when all my little ones are of age

 

[goongirl]

As a serious option: you can get multiple grants to do the same research, which can build up to be a lot of money...every so often, there's a person here who makes like 10-13K. The only thing is that each grant has certain other grants it conflicts with (for ex. you can only have one federal grant), but it seems do-able, depending.