The Side Hustle Spotlight is a weekly roundup of interesting posts and articles about physician side hustles and personal finance.
This week we discussed Civilian Casualties. As physicians we witness messed up things on a regular basis. We have slowly built up our defenses to be able to handle the stress, but the civilians in your lives aren’t so lucky. Has your medical career left any civilian casualties in its wake?
We also discussed the awesome Power of Doing Nothing. Whether you’re dealing with patients, yourself or your money, doing nothing may be just what the doctor ordered.
I know one person that is going to have more time to do nothing next year – Physician on FIRE. In Retired Not Retired he discusses why “retired” is a taboo word for people in the FIRE community. Whether you’re part of the Internet Retirement Police or just someone who quit full-time work after achieving financial independence, “retired” is in the eye of the beholder. Or in his case…..the beer holder.
Mr. Money Mustache addresses a lot of misperceptions about FIRE in What Everybody is Getting Wrong About FIRE. If you ever had any doubts about the financial independence movement, MMM will set you straight. It’s not about sacrificing happiness just so you can quit your job and live in a van down by the river. The FIRE movement is about living life on your own terms.
Want to have the option to retire early? It all starts with making smart financial decisions early in your career. This week Rebecca Safier (of Student Loan Hero) wrote a guest post on Life of a Med Student. 5 Smart Money Moves for New Doctors gives some solid advice for new attendings. Living below your means, investing early and often, tackling debt and avoiding lifestyle creep will always pay off.
As a fellow emergency physician and busy father, Crispy Doc knows that we all need some alone time in a protected space to recharge our batteries. FU space discusses the importance of that place and the struggle to find it when you’re on an extended family vacation. Where is your favorite FU space?
Practicing medicine is difficult even under the best of circumstances. I can’t imagine trying to do my job while having to worry about being harassed or assaulted by my patients. Reflections of a Millennial Doctor shared her personal experience in Why I Didn’t Report in the #MeToo Era. It is an eye-opening look at the sexual harassment one doctor faced at each phase of her career and the reasons she convinced herself to not report. Our female colleagues deserve better and all of us need to be part of the solution.
One space I would have loved to occupy this year was FinCon with all my favorite doc bloggers and podcasters. BC Krygowski wrote a great recap of the events in You Are Not Alone: The Importance of Finding Your Monetary Tribe. After reading her post I immediately signed up for FinCon 2019. See you in D.C.!
When you take a step back and look at your life as a whole, there are only a handful of defining moments. For me it was the day I met my wife, the birth of my three children and the time Accidental FIRE put out not one, but two Turnip FIREs in a single week! These satirical headlines consistently make me laugh. If Turnip FIRE doesn’t make you chuckle, I can only assume you’re dead inside.
Another great week has gone by with plenty of great blogs to check out. I hope you enjoyed these posts as much as I did.
Side Hustle Scrubs