5 Reasons Doctors Have a Side Hustle 

Doctors are Deep in Debt

Your doctor may be working a side job simply to avoid treating their school debt like a mortgage. You can opt for a 25-year repayment plan, but with some hard work and discipline, even the higher balances can be eliminated by most doctors in less than a decade.

Personal Fulfillment

Perhaps what they really wanted to do in life didn’t translate well to an actual career. That’s where the side hustle can come into play. The doctor job pays the bills and then some, and can also provide the seed money for any number of unrelated pursuits.

A Goal-Driven Nature

After a lifetime of people-pleasing and achievement, your doctor wants to accomplish something more. That’s where a side hustle can be invaluable.

Another Retirement Account

A side hustle can allow an employed physician to open another type of retirement account, such as a solo 401(k) or SEP IRA, with earnings from the extra income.

Interested in reading more about why and how doctors have side hustles?

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