What are you going to buy with your first real Doc paycheck?

[BurghStudent]

I'm gonna buy my medical education back from the federal government. Then a black BMW i8 (the batmobile).

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[PikminOC]

Anyone have any interesting ideas on what to buy when we finally make bank?

A nice house is probably is the only thing on my list. I am not into cars or luxury items. I am curious what others plans are?

I have been an attending for several years and I still don't feel like I make bank....

 

[fancymylotus]

I have been an attending for several years and I still don't feel like I make bank....

More money more problems. I feel like everything I make rapidly disappears as soon as it gets deposited into my account. I need to negotiate a raise. ><

 

[charmiedermie]

More money more problems. I feel like everything I make rapidly disappears as soon as it gets deposited into my account. I need to negotiate a raise. ><

You need a higher limit on your credit cards.

 

[PikminOC]

You need a higher limit on your credit cards.

The American way!

 

[masaraksh]

More money more problems. I feel like everything I make rapidly disappears as soon as it gets deposited into my account. I need to negotiate a raise. ><

Maybe you shop too much for clothes/shoes?

 

[jw3600]

The lawyer next door to my parents (owns his own firm) had to pay a total of 500k in taxes (federal and state) for making 900k this last year. You make more you give more. We are moving in that direction as a country whether you like it or not.

His tax game is weak.

 

[fancymylotus]

Maybe you shop too much for clothes/shoes?

That's not possible.

 

[fancymylotus]

You need a higher limit on your credit cards.

I purposely keep my limits relatively low. And don't carry huge balances. I do still have an emergency CC of my parents...that one is super tempting all the time

 

[charmiedermie]

Maybe you shop too much for clothes/shoes?

You can never have too many clothes or shoes. Just too little closet space. Men can wear the same shirts, pants, and shoes for like 5-10 years.

 

[22031 Alum]

I have been an attending for several years and I still don't feel like I make bank....

I've felt like I was making bank since I got my first residency paycheck, equal to what my dad was making with 20+ years of blue-collar labor. Now that I'm getting attending pay I feel like it's all just a bonus.

 

[Stagg737]

I find this unlikely... In Canada nobody is ever paying more than 50% of their income in taxes, no matter how many billions you earn, and doesn't the US have less income taxes than Canada? Or is that a myth?

Depends on the state. The for 2015 people in the highest tax bracket will pay 39.6% in federal income tax. California's highest bracket pays 13.3%, totaling 52.9%. The only other state above 50% is Hawaii (11% for highest state), however there are many states where the highest earners pay over 45%. Most places in Canada actually have lower tax rates than that for the highest earners. It's one of the myths about U.S./Canadian taxes that Canada has a much higher tax rate than the U.S.

 

[fancymylotus]

You can never have too many clothes or shoes. Just too little closet space. Men can wear the same shirts, pants, and shoes for like 5-10 years.

I did just buy a pair of gold leather pants. Unsure of where I'm going to wear them but..they were so wonderfully obnoxious I had to.

 

[charmiedermie]

I did just buy a pair of gold leather pants. Unsure of where I'm going to wear them but..they were so wonderfully obnoxious I had to.

I would think that would fit in well at a club. Sad that I didn't find that apparel to be obnoxious when I read it, until u pointed it out.

 

[fancymylotus]

I would think that would fit in well at a club. Sad that I didn't find that apparel to be obnoxious when I read it, until u pointed it out.

I might wear them to work on a day I mostly have to do paperwork. The white coat is pretty long, no one will notice. Or something.

 

[charmiedermie]

I might wear them to work on a day I mostly have to do paperwork. The white coat is pretty long, no one will notice. Or something.

It's good to be the king/queen/princess.

 

[amazing tekkers]

b, b and b, you know what it is

I really don't

 

[Serous Demilune]

I really don't

I was gonna say...

 

[amazing tekkers]

I was gonna say...

...go on..

 

[PikminOC]

I've felt like I was making bank since I got my first residency paycheck, equal to what my dad was making with 20+ years of blue-collar labor. Now that I'm getting attending pay I feel like it's all just a bonus.

If comparing to your parents paycheck, then maybe that is the issue.
20plus years of blue collar work.
vs
12 years of undergrad, med, residency with the hours involved in that.....
The mental drive, the exhaustion, the education, the gunning, the studying...
I don't compare it to blue collar work....
And with all the work and years put in for this, I don't feel like it is bank.
Don't forget the significant loans, time put in, liability..MOC!
And deferment of life!

 

[masaraksh]

I really don't

I was gonna say...

...go on..

Have you heard of lil wayne and PMW

 

[NontradCA]

Have you heard of lil wayne and PMW

Didn't he mean Lloyd Banks with Beamer, Benz, Bentley?

 

[22031 Alum]

If comparing to your parents paycheck, then maybe that is the issue.
20plus years of blue collar work.
vs
12 years of undergrad, med, residency with the hours involved in that.....
The mental drive, the exhaustion, the education, the gunning, the studying...
I don't compare it to blue collar work....

My dad was running the board at a chemical plant, where things tended to blow up if somebody screwed up. He did this on a schedule of 12-hour shifts on a pattern of alternating days and nights that I didn't understand until I was in high school. It was exhausting and high-stakes, and I've never once thought that my job having different stakes or requiring more university education, meant that I deserved to be making more than he did as a clueless week 1 intern. Yet there I was. That's my perspective. I've never been a fan of the point of view that skilled laborers or people with less formal education don't work as hard as I do. They do, just differently.

 

[PikminOC]

My dad was running the board at a chemical plant, where things tended to blow up if somebody screwed up. He did this on a schedule of 12-hour shifts on a pattern of alternating days and nights that I didn't understand until I was in high school. It was exhausting and high-stakes, and I've never once thought that my job having different stakes or requiring more university education, meant that I deserved to be making more than he did as a clueless week 1 intern. Yet there I was. That's my perspective. I've never been a fan of the point of view that skilled laborers or people with less formal education don't work as hard as I do. They do, just differently.

The deferment of life is what you can't get back.
That's the way I see it.
No matter how much "bank" you make.

 

[22031 Alum]

The deferment of life is what you can't get back.
That's the way I see it.
No matter how much "bank" you make.

That's the difference- I don't feel like I've deferred my life in the slightest. I deferred working by being in school for so long, but I'm 100% happy with how I spent that time. Also, every day I realize how blessed I am that I am able to pay down my debts, live comfortably, and not spend even a millisecond caring about the price of gas or milk. It's an atypical point of view around here but that's where I'm coming from.

 

[CrossFit]

Buy some Crossfit adspace on SDN.

 

[PikminOC]

That's the difference- I don't feel like I've deferred my life in the slightest. I deferred working by being in school for so long, but I'm 100% happy with how I spent that time. Also, every day I realize how blessed I am that I am able to pay down my debts, live comfortably, and not spend even a millisecond caring about the price of gas or milk. It's an atypical point of view around here but that's where I'm coming from.

I still care about those things. I can't get them out of my mind since I had to live so poor for so long.

Don't get me wrong, I wouldn't have it any other way. But I guess the definition of "bank" is different to people as well...

U call it blessed: I think it is because of a lot of hard work and deferring pleasure until now.
You DID build that!

 

[WingedOx]

I bought some overpriced athletic equipment with my first moonlighting check.

As someone who gets his first attending check in 3 months, really I have no plans to buy anything...at least until ski season. Though the thought of having money for a down payment on a house is a nice thought. The rental market is still way more expensive than the buyers market where I'm at right now (though sadly it's starting to balance out)

 

[M.MD]

So many boring answers in this thread. Loans? Retirement? Really? You can't treat yourself to one little bit of luxury with your first big paycheck after getting through over a decade of training?



I'll probably start with a bottle of Macallan 25, then take my girlfriend first class to New Zealand for a backpacking trip.

 

[Shinobiz11]

If I ever make it there, I'll give it to my parents

 

[clonoGnic]

 

[Vesh]

A Burberry coat, a Tom Ford suit, a pair of Berluti oxfords, and a Jaeger LeCoultre Reverso. Fight me

 

[Janitor In Training]

I have never liked so many replies in one post... it's good to see how people feel like they deserve that big paycheck after all of the years of sacrifice and hard work.

For me, I think the first thing I'll do is buy my mom a nice car and a first class ticket to wherever she chooses to vacation in the world for a week. Then I'll probably just save and live modestly for the rest of my life... well maybe with an Audi... and maybe a gold stethoscope too...

 

[RJGOP]

If we're going to be realistic, I'll probably just end up spending my first paycheck (at least some of it) on necessary groceries or gas.

But what would I want to spend it on? Oreos for sure. I love that **** lol

 

[Janitor In Training]

If we're going to be realistic, I'll probably just end up spending my first paycheck (at least some of it) on necessary groceries or gas.

But what would I want to spend it on? Oreos for sure. I love that **** lol

I too am a sucker for Oreos.

 

[pathologyDO]

It's worth listening to the whole thing. Down to the "dragging it behind a car to test durability"

 

[W19]

I will put some money in the bank in Cayman Islands so I can have the feeling of being wealthy...

 

[fancymylotus]

A Burberry coat, a Tom Ford suit, a pair of Berluti oxfords, and a Jaeger LeCoultre Reverso. Fight me

What

 

[Pacna]

Loubs and Choos

Is there super expensive lube that I'm not aware of? (I'm aware of escort tears, not a fan, personally, but they're not THAT expensive)

 

[tiedyeddog]

Bed.
Ain't nothing like sleeping on a mattress that costs more than some peoples cars. (You can spend a hell of a lot more than $5k on a mattress.)
Seriously.

Dear Jesus do I anxiously await the day... Been sleeping on the same crap mattress for ten years. I would rather have a new bed than a new BMW at this point.

 

[22031 Alum]

U call it blessed: I think it is because of a lot of hard work and deferring pleasure until now.
You DID build that!

I call it blessed because I've seen lots of people work just as hard (or harder), and defer pleasure even more than I have, and end up in far, far, worse situations than I am in. So the difference comes down to either luck or something else. I choose to believe it's something else, but even if you think it's just luck, I don't think I can say it's 100% because of me, my efforts, and things I did.

 

[charmiedermie]

Is there super expensive lube that I'm not aware of? (I'm aware of escort tears, not a fan, personally, but they're not THAT expensive)

Louboutins are heels and are very much worth it, as are Jimmy Choos. They're like visual orgasms for your feet.

 

[charmiedermie]

I call it blessed because I've seen lots of people work just as hard (or harder), and defer pleasure even more than I have, and end up in far, far, worse situations than I am in. So the difference comes down to either luck or something else. I choose to believe it's something else, but even if you think it's just luck, I don't think I can say it's 100% because of me, my efforts, and things I did.

I like your outlook on life even after having finished a difficult OB-Gyn residency. Your med students are lucky to have you.

 

[moonwake]

Lotto tickets. I bought lotto tickets.

http://en.wikipedia.org/wiki/Evelyn_Adams_(lottery_winner)

My wife and I already decided we're going to blow 15 grand our first summer after residency at

 

[deleted564496]

Two apple watches... One for each hand.

 

[Frazier]

My wife and I already decided we're going to blow 15 grand our first summer after residency at

lol that place can be so pricey.
My wife wanted to vaca there a couple years ago.

So I looked at prices:

 

[Pacna]

funny thing is, my friends and i dont give two ****s about what girls wear as long as it looks presentable. girls who wear too many outfits and shoes are just trying too hard and wasting money. we're more impressed by girls who are in good shape.

Who's 'we'? And who said the shoes were for you?

 

[Winged Scapula]

funny thing is, my friends and i dont give two ****s about what girls wear as long as it looks presentable. girls who wear too many outfits and shoes are just trying too hard and wasting money. we're more impressed by girls who are in good shape.

And the reason you can't be in good shape AND wear nice clothes and shoes is?

 

[moonwake]

And the reason you can't be in good shape AND wear nice clothes and shoes is?

that just sounds awful and vain and something no American would do with money

 

[charmiedermie]

funny thing is, my friends and i dont give two ****s about what girls wear as long as it looks presentable. girls who wear too many outfits and shoes are just trying too hard and wasting money. we're more impressed by girls who are in good shape.

Funny thing is, girls wear what they think makes them look good (shoes, clothes), not for the primary approval of you and your friends. Like I said, guys can wear the same shirts, pants, and shoes for like 5-10 years, for different occasions, and no one will notice the difference or be the wiser. Guys clothes and shoes don't have as much variety as women's clothes and shoes do.

Oh, I realized the words "visual orgasm", in my post, may have confused you. I was referring more for those of us who wear them, not for you.