My FIRST PAYCHECK as a Resident Doctor!

  Рет қаралды 23,080

Zeel Shah MD

Zeel Shah MD

Күн бұрын

Пікірлер: 67
@MrinaliMusic
@MrinaliMusic 2 жыл бұрын
Admire the transparency and honesty in this video!
@StudentDoctorAntonioPatterson
@StudentDoctorAntonioPatterson Жыл бұрын
Residency pay is trash! We need to fix this.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Agreed
@thesumerian9769
@thesumerian9769 Жыл бұрын
Yeah my program violated all the ACGME rules. They don’t even let us use our sick days. lol I can’t wait till I’m done with residency.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Oh what? There’s a forum that you can report the ACGME violations to- I believe it’s on the ACGME website and it’s anonymous as far as I’m aware. I’m sorry to hear that!
@thesumerian9769
@thesumerian9769 Жыл бұрын
@@ZeelShahMD Good to know that! Yeah they said their sick leave rules override the ACGME rules. I will just anonymously report it. Thank you so much!
@Baraa.K.Mohammad
@Baraa.K.Mohammad 3 ай бұрын
Could you give us some directions (lol) in order NOT to rank that program...
@williamkapua2550
@williamkapua2550 Жыл бұрын
Thank you for sharing this info. Keep on truckin you’ll get there. As far as student loans eventually you’ll pay it off, when you buy a house with a loan it seems a lot of money sometime later it’s paid and you can enjoy life.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Thank you for the encouragement!! ☺️ can’t wait for that! Haha
@Ari_diwan
@Ari_diwan 2 жыл бұрын
Love the breakdown and the way you explained it!
@cicelypflieger8919
@cicelypflieger8919 2 жыл бұрын
Good information! You do such a good job editing your videos and adding cool graphics! 💕💕
@JohnLee-db9zt
@JohnLee-db9zt Жыл бұрын
15-20 years ago residents were found to make less than minimum wage because of the hours worked. Have a doctor friend who stayed up 44 hours during call.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Lmao I guess we’re making progress? 💪🏽
@JohnLee-db9zt
@JohnLee-db9zt Жыл бұрын
@@ZeelShahMDDamn, my doctor friend made $30k as R1. He carried $70k in credit card debt outside of his other educational debt.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Oh wow that’s on top of all the medical school loans😩 that’s painful. I’m glad things are changing!
@kdesai10
@kdesai10 2 жыл бұрын
But that attending video👀👀👀
@shubhabangalore9638
@shubhabangalore9638 Жыл бұрын
Residency is training period and pay is not great but once you come out of residency it’s pretty good!!!
@ZeelShahMD
@ZeelShahMD Жыл бұрын
That’s very true ☺️
@kabeersatikunvar688
@kabeersatikunvar688 10 ай бұрын
Is it true that after residency salary gets better coz taxes are high
@ZeelShahMD
@ZeelShahMD 10 ай бұрын
Taxes and salary are two separate things. The salary is higher because you’re paid more for your work. The taxes vary depending on a lot of different factors!
@tindrums
@tindrums Жыл бұрын
so that is 12 years of schooling + 2 years pre-med + 4 years med + 7 years residency = 25 years. If you start at 6 then you complete education by 31 (assuming on gap years). Back Breaking
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Yes I suppose the timeline varies depending on which country you’re in since the system is a bit different. Also, residency may be shorter based on the specialty. For instance, most family medicine/internal medicine ones are 3 years. I guess if you choose to specialize then def add a couple more years to it. Overall, it’s definitely a large investment of time
@markntexas8265
@markntexas8265 7 ай бұрын
Not a business in the world that has such a high ROI as becoming a Dr.
@dinhchuong5969
@dinhchuong5969 Жыл бұрын
About the rule of 80 hours /week, my question is: - Will my residency be shorter or longer if I work more or fewer hours during my residency?
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Hey! It has no bearing on the length of your residency. The residency duration is the same regardless
@dinhchuong5969
@dinhchuong5969 Жыл бұрын
Thank you@@ZeelShahMD
@imthrillz5255
@imthrillz5255 Жыл бұрын
My first resident paycheck: a buck fiddy My bank account at the time: -$200,000
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Oh man! I feel that😭
@walterwells1161
@walterwells1161 11 ай бұрын
14 dollars that crazy
@ethanhastings297
@ethanhastings297 11 ай бұрын
Should get paid like a PA or APRN
@akashshah1572
@akashshah1572 2 жыл бұрын
Great video and explanation
@johncardinal3498
@johncardinal3498 Жыл бұрын
You made your choice!
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Yup! No regrets :) it’s a calling
@killerkeerthikiller8449
@killerkeerthikiller8449 9 ай бұрын
My Indian resident doctor in usa as 1st year student he earning 64kdollar after all tax 51k dollars per year
@ZeelShahMD
@ZeelShahMD 9 ай бұрын
Yep that’s accurate in residency!
Жыл бұрын
when i was an intern , i worked 100 hours minimum a week
@ZeelShahMD
@ZeelShahMD Жыл бұрын
Yeah I can imagine! The hours were insane prior to the ACGME changes!
@ChooChoo_4u
@ChooChoo_4u 8 ай бұрын
How many years of residency are you required to do?
@ZeelShahMD
@ZeelShahMD 8 ай бұрын
Family medicine is a 3 year program
@ninamatthews8747
@ninamatthews8747 10 ай бұрын
Man, that is ROUGH!! And you have to pay on your student loans at the same time I assume, that’s poverty levels.
@ZeelShahMD
@ZeelShahMD 10 ай бұрын
Yup you def still have to pay your student loans at the same time🥲
@damienblack1734
@damienblack1734 Жыл бұрын
but how much do you make after you completed your residency is the real question.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
You definitely get a significant pay increase after residency depending on speciality, location and scope of practice. Doctors definitely get paid reasonably well after residency but the video is about the pay DURING residency :)
@lukehunter1849
@lukehunter1849 11 ай бұрын
I mean you do make an awesome paycheck BUT think of the 8 years of basically negative income you got (debt) + 4 years of low-ish residency pay while in any other job you’d only be increasing your net worth through pay and investments. when all is said and done, the lifestyle is still amazing and very comfortable but it isn’t as insane as ppl told you growing up
@ZeelShahMD
@ZeelShahMD 11 ай бұрын
Well said! 🙂
@damienblack1734
@damienblack1734 11 ай бұрын
@@ZeelShahMD yeah, but people don’t care much about residency pay because they know that’s part of the process of becoming a doctor, they want to know the end result AFTER they reach their goal. that’s what they will be making years after completing their residency. I think you should focus on that instead.
@ZeelShahMD
@ZeelShahMD 11 ай бұрын
@@damienblack1734 That's definitely very true but I do think its important to know how much you'll be making during training so you can financially plan. I agree though- it just a part of the journey!
@k_ali632
@k_ali632 Жыл бұрын
Hi, in wich country are you!
@ZeelShahMD
@ZeelShahMD Жыл бұрын
United States!
@kathryncashner3294
@kathryncashner3294 7 ай бұрын
Not trying to be ugly, but the amazing thing is to consider how much LIGHTER those hours are than they were when I did it a million years ago. Of course the pay has increased as well, but so has inflation, The bottom line is that residents make basically enough to live on with no frills, etc. And the interest on those debts accrues during residency for most people. THe salaries skyrocket when you finish residency or fellowship, but for some of us, that is as much as 15 years of post high school education and training at no or minimal salary.
@ZeelShahMD
@ZeelShahMD 7 ай бұрын
Agreed!
@elena-biancanancu5364
@elena-biancanancu5364 11 ай бұрын
Are the 80h/week or 100h/week paid as such? Are you paid the same regardless of the hours?
@ZeelShahMD
@ZeelShahMD 11 ай бұрын
You’re paid the same regardless of the hours because it’s a salary position and there’s no “over time”. According to the ACGME rules, you’re not supposed to go over 80hrs/week so you should not be having 100hrs/week as it’s a violation
@MrMaloty
@MrMaloty Жыл бұрын
Thanks for sharing ❤
@markntexas8265
@markntexas8265 7 ай бұрын
$250k for a $500k x 30 yrs return… yeah that’s a GREAT investment.
@NS-yt1vy
@NS-yt1vy 2 жыл бұрын
Criminal pay
@pennyzee5975
@pennyzee5975 Жыл бұрын
$14 is too much for the horrific advice and poor care my loved one suffered at a hospital. I've had a small business--though unusual, we typically wouldn't make anything if the client wasn't happy with our services. Many professions and businesses have leaner times or areas where they "loose" money.
@ZeelShahMD
@ZeelShahMD Жыл бұрын
I’m so sorry to hear about your experience and can only imagine how difficult that would have been for your family. There are definitely ways to deal with negligence if you believe that it occurred in your situation. I would recommend reaching out to patient advocacy for that hospital to help you with this matter.
@M_Sajjad_05
@M_Sajjad_05 11 ай бұрын
And once you finish your residency, you earn like $500000 per year right?
@ZeelShahMD
@ZeelShahMD 11 ай бұрын
Not really lmao it would be nice though!
@Tomasthe1st
@Tomasthe1st Жыл бұрын
How did I owe 111k in debt for my undergraduate and grad studies to be an elementary school teacher?
@ZeelShahMD
@ZeelShahMD Жыл бұрын
😩😩 that’s insane!!
@adambell6432
@adambell6432 10 ай бұрын
I can't even with yall. You make more than most of your peers who work harder than you with no status or praise. *some* of you work longer hours than staff, but lets be real about how many hours yall usually get. For most specialties, its 40-50 hours as you can find in most studies done on this topic. In 3-5 years you will make over 200k. You'll pay off your loan in a few years like any other grad student. Go ask a PhD student what their salary is. Doctors are not hurting financially. Everyone is. Signed, a med tech who makes about the same as you for the past 8 years. I stg doctors are the most entitled people I've ever met
@MDForTheCulture
@MDForTheCulture 11 ай бұрын
Yeah as a resident you make crap but I know a family medicine doctor with his own practice and sis he’s paid.
@ZeelShahMD
@ZeelShahMD 11 ай бұрын
Yep can’t wait ☺️
@MDForTheCulture
@MDForTheCulture 11 ай бұрын
@@ZeelShahMD 🙏🏿🙏🏿🙏🏿
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