How to Make a Million Dollars. I don't make your life, I make your life better. The personal finance blog of a young professional saving 1 million dollars for retirement. This site focuses on saving money, making money, investing money, and increasing net worth.
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Doctorate in field? That makes a difference. But in general, don't do it if you think it will earn you more money. It'll just take you out of work for a few years where you could be gaining experience, making contact and working for promotions. If you just want it for the sake of having it, don't go into debt doing it.
ReplyDeleteDoctorate in field. I'm currently working the health care industry as a Nurse. I would be going back to get an MD. I'm trying to figure out what to do. 5 more years of school doesn't sit well with my wife, but I feel that I can do more. I'm fine with where I'm at professionally, but I don't want to sell myself short. I will continue in some form of higher education but this is where I run into a dark forest without any bread crumbs or well beaten paths.
ReplyDeleteI guess it depends on where your priorities are. That may seriously hinder your finances temporarily. Any kids now, or soon? If there are no kids in the picture, or none soon then go for it. Statistically speaking, doc's are among the highest paid professionals. There's also the option of starting your own business....
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