5 Reasons Side Gigs Make Better Docs

 

  1. Increase creativity, capacity to problem solve.

“The young doctor should look about early for an avocation, a pastime, that will take him away from patients, pills, and potions … No one is really happy or safe without one.”

–Sir William Osler

As much as medicine is an all-consuming career, it is neither safe nor effective to let medicine consume us. We must not abandon the activities which remind us of who we are beyond Dr. so and so. Sir William Osler urges us to seek something outside of medicine to restore our humanity and recharge our minds so that we may return to bedside an even more empathetic and effective doc.


  1. Increase happiness.

Acts of kindness are proven by research studies to be a tremendous source of lasting, profound happiness. Contributing to the society in a role other than that of a doc not only refreshes us, but also provides an additional sources of happiness.

create opportunity


  1. Increase balance between control and flexibility.

Funny thing is many of us doctors have type A personality in the most anti-type A profession. We have high standards for our work and expect our surrounding and partners to reciprocate our work ethic and extensive considerations. When we don’t get that, we are discouraged and frustrated.

Additionally, our multi-stage, life-long training and certification process, has imposed on us a nomadic life style. Ask a premed, “Where are you going for med school?” “Anywhere that takes me.” Ask a MS4, “Where are you going for residency?” “Anywhere that takes me.” Ask a PGY resident, “Where are you going for fellowship?” “Anywhere that takes me.” Ask a PGY fellow, “Where are you going for a job?” “Anywhere that takes me.”

See a pattern?

Shortly, as much as we’d like to have control, we have less than 50% control over our professional and personal life, especially in our training years. We have no control over where we go, how many hours we work, and most importantly, we have no control over patient compliance, most of the time.

Having side gigs usually means turning a hobby turn into a job, where for once, You are the boss of you and your business.

Taking control once in a while, can be quite energizing.


  1. Increase efficiency.

“When you get tired of studying, take a break and go (fill in the blank with a house chore).” Wise Money Gourmet, Dr. Wise Money’s mom, used to say this a lot.

Early in my childhood, my mom has taught me that rotating between various tasks/jobs will increase my efficiency, allowing me to accomplish more house chores and perform better on my exams using less time. The more I do, the more time I find to do more.

She brainwashed me well with this self-fulfilling belief: Indeed, the more I do, the more efficiency I get.

This allowed me to be a single mother to a 3 year old, work 2 jobs, and manage top of my class in medical school.

I find myself much more efficient as a radiology resident/mother/tutor/blogger when I do all 4.

Otherwise, I just grow into my free time like people grow into their income (I term this the hedonic treadmill of time.) I accomplish less the more free time I have.

value time_quotesgramcom


  1. Increase cash flow.

“Don’t follow money, let it follow you” has always been my mantra.

I started tutoring pro Bono before I turned 10 as my teacher told me after school one day, “You are doing well in class, go ahead and help this and that struggling classmates.”

22 years and about 10,000 hours later, I’m now making $388/hr when I tutor.

I’m was not chasing after money when I first sat down next to my baffled and helpless classmate in our 3rd grade classroom. Money followed me as I follow my instincts on where I think I could serve those around me.

trained mind

8-year-old Mini Starts Planning Mini-Retirements.

With the ability to retire by 2023, I started talking with Mini’s dad about family longer term vacation/exploration around the world after 2023. We both agreed that traveling around the world and learning from various cultures will enrich Mini’s life beyond conventional schooling. Since Mini’s started school 1 year younger and has always been the youngest in her class, we thought it would be nice give her an one year vacation after high school graduation (when she already know where she’s heading for college but can defer for a year.) Both Mini’s dad & I will take that year off to travel the world with Mini, most likely on a sailboat, not a plane or RV.

The thought of a family sabbatical in year 2024 after Mini gets accepted to college is incredible!


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Mini has always been talented with relaxing and lounging with our dog Lola.

 

So I presented this high school graduation/college acceptance gift idea to Mini on our way driving home after dropping my dad off at the doctor’s. Mini was thrilled, but quickly proposed an alternate plan. Pensively, Mini said, “I kinda want to spread that fun year out. Remember about the mini-retirements that book [4-Hour Work Week by Timothy Ferriss], I want to do that… I want to have 4 breaks instead of 1 long one.” 

 


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Lola has always been really tolerant when being used as a pillow.

 

Quite a thinker-outside-the-box, Mini has always been. As her mom, I tried to practice good parenting and always give her 2 options… Thing is she always comes with a 3rd that I’m not always prepared for 🙂 However, this time her proposal actually does work better. Mini wants 4 3-month-trip: 1 at elementary graduation (in 2 years), 1 at middle school graduation (in 4 years), 1 at high school graduation (in 8 years), 1 at college graduation (in 12 years), instead of the 1 year-long vacation when she’s 17. This will be her first taste of mini-retirement, and likely firsts for her dad and me.

 


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Lola, our beloved dog (whom we rescued from the streets, not via a shelter, on the day of my 31st bday) will definitely come along for our family mini-retirement planed by Mini Wise Money.

 

Mini’s first destination is Hawaii.

Research she has done so far:

  • Price of a used sailboat: 12k
  • Distance between Tucson and Hawaii: 2,897 miles
  • Max speed of sailboat: 30.8 miles/hr
  • With the assistance of a calculator & assuming average 15.4 mi/hr: 16 days round trip Tucson to Hawaii
  • She plans to stay on Hawaii land for 3 days to explore.
  • Mini assigned 2lbs/meal for Dad, 1lb/meal for DWM/MWM/Lola each: 5 lbs of food per meal for the family
  • Total # of lbs of food for 19 days trip to Hawaii: 285 lbs of food (including 57 lbs of dog food for Lola)
  • Adults need 3L/day, Mini needs 1.5L/day, Lola needs 1L/day
  • Water distiller costs: $700

 


 

Planning in Mini’s own words:

“My Trip To The Hawaiian Islands

the whole trip is 2,897 miles from Tucson,AZ to The Hawaiian Islands.

the boat can go from 15. 4 mph-30.08 mph.

to go there and come back it could take 8-16 days.

we will be exploring/camping for 16 days so the trip would be 24-32 days.

we will need 537 lbs. of food and 8 liters of water a day all together.

89.5 pounds of it will be lola’s food (3 bags) and one liter of the 8 liters of water is hers.”

 


Definitely much more research & planning is necessary for our family mini-retirement, we will keep you posted!

But it’s a start! Mini’s spending her first day of summer vacation 2016, dreaming and planning away.

Researching and plugging number into her new best friend, calculator.

Allowing me to blog 🙂


Ways to fund our first family Mini-retirement:

  • Mini recently started a new business, in addition to her freelance artwork, and Walkie Dogie (pet care service).
    • She loves tie-dye and will start accepting orders after she returns from Shanghai in late July. Here are some of her work.
  • DWM will add to travel fund with summer camp (starting 2017) proceeds.
  • We will be asking family who showers Mini with gifts to donate to her mini-retirement fund instead.
  • We will run a couple fund raising such as Tie-Dye apparel sales, Cook off by Wise Money Gourmet.
  • DWM will donate 20% of DWM blog proceeds to this travel fund.
  • Got ideas for us to make this dream come true? Share below!

 

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Mini with best friend modeling their own artwork at local bowling alley.
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Mini also DIY different cuts from plane white cotton T shirts.

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Mini wearing her Yoga Tie-Dye shirt and DIY stretchy phone case for her arm.

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The Sculpture I’m Building with My Life.

My life just started, still looks like a block of marble.

Click on the diagram to get a larger image.

Sculpture I'm Building with My Life

 

Stared items are my current priorities, need advice on getting more sleep for sure.

Comment below and share about the sculpture you’re building with your life 🙂

Top 10 Lessons Mini Wise $ Taught Me About $

“I believe that imagination is stronger than knowledge. That myth is more potent than history.

That dreams are more powerful than facts. That hope always triumphs over experience.

That laughter is the only cure for grief.

And I believe that love is stronger than death.”
Robert Fulghum, All I Really Need to Know I Learned in Kindergarten


I always feel grateful to have my 8 year old daughter, Mini Wise Money in my life. She has taught me more about myself, life and my purpose in life than I would have learned without the privilege of being her mother. Seeing the world though Mini’s eyes, albeit merely occasionally due to the constant distractions and faulty assumptions I’ve acquired through my own life, has made me a much better & more joyful person.


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Mini has always demonstrated a loving & sharing nature. This is Mini feeding her grandma when she was 6 months old.

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Mini Wise Money said: “Told you I was gonna take care of you when you are old, mommy.”

–4 year old MWM said to DWM, while massaging shoulders of her weary MS4 mother who just returned home from multiple residency interviews across the country.

Dr. Wise Money learned: Kids are wonderful investment for our future. This is part of the traditional Chinese belief, that kids are the best retirement plan. While I don’t foresee myself needing Mini’s financial support, love, nurture, support reciprocated from my daughter certainly softens my fears for the unknown future.


Mini Wise Money said: “How much money will I make when I give kitty [Citi] bank my money?”

–4 year old MWM asked DWM after depositing her piggy bank money into her first bank account at Citibank.

Dr. Wise Money learned: Every investor should ask how much return he/she is getting from lending his/her money no matter who they are lending to.


little ms santa claus

Mini Wise Money said: “I want to buy a part of Toyota, so they can work and make money for me.”

–7 year old MWM, when asked about what she wanted to do with her Christmas gift money from Grandpa.

Dr. Wise Money learned: A gift that keeps on giving is an asset. A gift that depreciates and takes money out of our pockets to maintain is a liability. To build wealth, we buy assets, not liabilities.


Mini Wise Money said: “They are so poor that the only thing they have is money.”

–8 year old MWM, when talking about rich people who are mean to others.

Dr. Wise Money learned: Money is a tool, not a purpose. If we gain the whole world’s wealth but lose our touch with humanity, we are the most destitute of all.


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Mini Wise Money said: “Why would I buy a gift that anyone could buy my friend for $40 dollars when I could make one that’s so much better and cost me $2?”

–8 year old MWM, when making a gorgeous tie-dye shirt and DIY cell phone case for her best friend.

Dr. Wise Money learned: Creating is much cooler than consuming. Letting our minds reign free and express ourselves not only is healthy for our wallet but truly great for our minds!


Mini Wise Money said: “Mommy, you are the poorest [in a numeric sense], hardest working poor [in a overall, less tangible sense] person I know.”

–7 year old MWM started checking out other parents’ financial status against that of Dr. Wise Money and concludes that DWM works disproportionate amount of hours (hours not available to entertain MWM) for the little amount of money she seems to have as an intern.

Dr. Wise Money was reminded & shared with MWM: “Money isn’t everything. Mommy chooses to be a doctor because I love this job. It’s a privilege to save someone’s life, even if it’s just once in a blue moon. If mommy wanted to make money and that’s my only goal, I would have been a billionaire by now instead of borrowing money from you to pay my high interest student loans.”


Mini Wise Money said: “Kids are expensive. If it weren’t for me, you would have been really rich and would not be wearing socks and shoes with holes in them.”

–8 year old MWM said quietly after joking around with DWM and taking a picture of her socks with holes at the doctor’s office.

Dr. Wise Money was reminded & shared with MWM: “The reason I work so hard and wear things with holes in them is because I have a greater purpose in life than decorating myself. It’s to provide you, the most precious person in my life, with opportunities to better yourself and to expand your mind. I would not trade the whole world’s treasure for one day not being your mom.”


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Lots of snuggling is healthy for our souls.

Mini Wise Money said: “I’d give all my money to keep Lola [A dog we rescued from the streets who became part of our family.]”

–8 year old MWM said about her dog when we were discussing giving Lola away.

Dr. Wise Money learned: Those we identify as worth all our money, especially when “all our money” is perceived as a fortune subjectively, are what we should spend our time on. Instead of spending more time to make more money.


Mini Wise Money said: “Mommy, don’t be scared of monies. I am here. [MWM gave DWM a hug.] Don’t be scared of monies.”

— Toddler MWM comforted DWM, who seemed distraught on the phone, talking about the expensive medical school she was about to start.

Dr. Wise Money learned: My financial & personal successes today have been largely driven by fear. Mini taught me not to be fearful and enslaved by money. Constantly reminding myself what she said as 2 year old has been a grounding force for me. The instances, though rarer than I would like, when I labor in love, rather than fear, I find myself much more successful and efficient.


MWM is happy and loving. IMG_6865

Mini Wise Money said: “Even though I didn’t get on stage for lots trophies, I was so happy that daddy and you were at my graduation!”

— 5-year-old MWM commented on her kindergarten graduation ceremony.

Dr. Wise Money learned: Love is the greatest achievement that never peaks out or peters off.


 

Wardrobe Upgrades

I once read that a carpenter built his toolbox by buying the cheapest version of anything he needed, and as soon as he broke it, he upgraded to the best version in his budget.

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