Passive Income Ideas For Physicians

Ultimately the one solution i don t believe in is to simply buckle down grit your teeth and work harder.

Passive income ideas for physicians. While there are many merits to the idea and many ways to build that passive streams of income there is. The first passive income idea on this list does take some start up cash but it absolutely helps me earn more than 1 000 per month. Please note that this is a growing list of physician side hustles as i come across new ideas and receive submissions as well. So is it worth it.

That s a question only you can answer but for me building multiple streams of income is truly invaluable. Add these 5 ideas to my original list of 10 perfect passive income ideas for physicians and you ll get a fantastic jump start on your own passive income portfolio. If you want some ideas to get started here are two posts. So is it worth it.

Add these 5 ideas to my original list of 10 perfect passive income ideas for physicians and you ll get a fantastic jump start on your own passive income portfolio. If you d like to talk about these topics in real time feel free to join our private fb groups passive income docs passive income professionals. Passive income streams like the ones mentioned here are perfect ways to allow you to spend more time with family enjoy your day job more and of course make a little money while you re at it. A good example is earnings from rentals.

10 perfect passive income ideas for physicians. If you own real estate property such as a condo unit lot apartment house building or even a spare room and you rent it out to other people you can receive regular stream of money with little to no effort. As a physician i am well aware of the current financial and legal pressures we all experience daily. Coming up with passive income ideas that can actually provide this improved life is a little bit trickier in reality.

As physicians wouldn t it be nice if we had additional sources of income. I recently talked about my four current types of passive income and another four i ll tap in the future as i realized the increased prominence and importance that these income streams now play in my semi retired lifestyle. That s a question only you can answer but for me building multiple streams of income is truly invaluable. The state of medicine is ever changing and sometimes it can be hard to keep up.

Fred leamnson a financial advisor and author with your money geek reached out recently offering up a few additional ideas for passive income that i had not considered. Passive income is anything that allows you to earn without having to do active work. The publication of the 4 hour work week by tim ferriss back in 2007 was a major influence in bringing this idea mainstream. 10 perfect passive income ideas for physicians and the list of physician side hustles.