Managing the New Grad Challenge: So Now You Have Money7:00 AM
You probably didn't see this one coming, but one of the biggest challenges new optometrists face is having an income for the first time. Living on loans for so many years of school, your first paycheck is an amazing luxury. And then every 2 weeks you get another one. But having an income can be a serious trap; we've all worked hard to get to this place where we finally can do things, buy things, travel, eat out, buy a new doctor appropriate wardrobe. With the luxury of having money for the first time comes a new problem -- you need to decide what to do with it. There is a strange paradox of having a great paycheck coming in (feeling you've made it!), but being deeply in debt from undergrad and professional school loans (nope, actually you are really, seriously broke still). Managing your money properly in those first few years after getting your first job can set the stage for your future financial success. Today's guest is Dr. Syed Hussain, the writer behind the informative and extremely readable financial strategies blog for professional students, The Broke Professional. A 2009 graduate from the Pennsylvania College of Optometry at Salus University, Dr. Hussain has worked in nearly every type of modality of eyecare. He saw himself and fellow classmates struggle with financial decision making and planning after graduating, despite having good paychecks, and decided to do something about it!
|Dr. Syed Hussain|
Why did you decide on optometry?
I come from a family of pharmacists which drove me to optometry since they warned me not to become a pharmacist. All joking aside, I always wanted to work in the healthcare field and wanted a position that wasn't super stressful, has plenty of practice options and great income potential. Optometry seemed like the best choice to me and still does.
You've worked in private and corporate settings. What made you to decide corporate optometry was right for you?
I have been working full time in a corporate setting since 2010. I enjoy corporate practice because I can still fully treat patients how I'd like and have free time outside of work to spend time with family and pursue my other passions (like blogging!).
|Head to The Broke Professional for full articles by Dr. Hussain|