How I Spent my First DOCTOR Paycheck
Рет қаралды 57,799
2 жыл бұрынEveryone always asks me what I bought with my first paycheck as an attending Interventional Radiologist, and now I finally decided to do a video on it! I think a lot of people tend to spend their first paycheck due to prolonged gratification or the need to buy something to 'celebrate' being done with such long medical training, however I went a different route....and I think it worked out for me!
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*None of this is meant to be construed as investment advice, it's for entertainment purposes only. Links above include affiliate commission or referrals. I'm part of an affiliate network and I receive compensation from partnering websites. The video is accurate as of the posting date but may not be accurate in the future.
@antoniowebbmd 2 жыл бұрын
Thanks for sharing bro! 🔥🔥🔥 Love real estate also! I’m about to work on buying my 4th property!
@anotherdoseyt 2 жыл бұрын
Love your videos Dr. Web! I'm also looking to do ortho. Can't wait for Season 2 of I AM DOCTOR!
@elijahperry3454 2 жыл бұрын
I NEED A COLLAB FROM YOU TOO. BOTH OF YOU ARE HUGE ROLE MODELS TO ME
@stangy007 2 жыл бұрын
Definitely keep these kinds of videos coming. They're super informative and help gives different perspectives of what life is like after residency and making your money work for you.
@jacintosaenz4504 2 жыл бұрын
Dr. Cellini, as a medical student, thank you so much for this. It really opens up another world for us and everyone else outside of the field filled with opportunities to better ourselves. Please don't ever stop making these types of videos!
@jaimehanlon2425 2 жыл бұрын
I’m liking the diversity of your content! I like seeing what other people do with their money because maybe one day I can do it too
@yaseenme_ 2 жыл бұрын
Keep these videos up , financial literacy is so important. I appreciate the transparency Dr.Cellini!
@KatieSkoczen 2 жыл бұрын
I think these videos are great!! Shows side hustles that drs actually have time for. Definitely a potential to decrease physician burn out when the dr paycheck isn't the sole income! Thanks for being so transparent with the numbers!
@eskimobrambo 2 жыл бұрын
I learn about random medical bits watching you and learn how to finance and profit and more! Some people don’t like the different types of videos I like them, I watch all your videos Dr Cellini
@babyvee24 2 жыл бұрын
Definitely appreciate this topic, please make more!
@anechkafspb8930 2 жыл бұрын
Keep them coming!!! I’m an MS4 and I love seeing what you’re doing!
@bradr637 Жыл бұрын
Definitely want to see more videos like this. The entire physician community seems neurotically against talking about money, but it's an important topic that should be discussed.
@jewel1953 2 жыл бұрын
My son bought a house to flip and did the work himself in his free time. He ended up keeping the house he loves it so much and has had it for 3 years.
@aamirrazak3467 2 жыл бұрын
Whoa that’s pretty cool thanks for sharing Doc C, definitely an unconventional first paycheck spend but better in the long run I’d imagine
@rgnfm 2 жыл бұрын
I love when you do video's like this Dr. Cellini, It's very smart to be investing in yourself sir.
@meganpanek7180 Жыл бұрын
This was amazing! Love this vIdeo. Keep ‘em coming!
@studywithme444 2 жыл бұрын
Super interesting perspective and an important topic to discuss! Thank you for the insightful video Dr Cellini.
@JoeBased08 2 жыл бұрын
Wow this is amazing. As a student in medicine and someone who's interested in investing in stocks and real estate, this is motivating.
@gabrielmorrison2012 2 жыл бұрын
Dr. Cellini please keep doing these videos! This is just great financial wisdom and a lot of people need to keep seeing this in order for them to think differently! In the Hood, people flip drugs, cars etc. Then we splurge all that dough on "nice things". Instead this should be the way to go and it's legal.
@kad.k1 2 жыл бұрын
Absolutely love this one!! well done
@yamenmclovin6391 2 жыл бұрын
Thanks Dr. Cellini. Great content especially for aspiring physicians who are currently med students or residents or fellows.
@brainwavemumba4239 2 жыл бұрын
Love it! Great job breaking everything down.
@ristogrkovski7931 2 жыл бұрын
Definitely more of those videos. Thanks man!
@charlenelayhew4811 2 жыл бұрын
You have such a nice soothing voice and a calm manner. Such a pleasure listening to you while learning something new.
@khyleemelancon2287 2 жыл бұрын
Very informative! Keep this content coming! Love you and andriana!!!
@tannerroser7412 2 жыл бұрын
would love to see more of how property management fits into physician schedule (especially starting off managing yourself)
@eagillum 2 жыл бұрын
They'd hire a property manager, or hire their friend the engineer in the video to do it.
@kristinfahrion1846 2 жыл бұрын
Fav video yet! Keep em coming 🏡
@marcusmalloy9 2 жыл бұрын
Great video!! Thank you for this. Do more as I am trying to learn myself!
@malloryjohnson6192 2 жыл бұрын
Love this kind of content, nice work! Great advice, thank you!
@nek_k9160 2 жыл бұрын
Yes please do more of these videos. I’m an aspiring radiologist, but I’m also getting into finance, investment, money management and passive income.
@Akimbo247 2 жыл бұрын
Same! I'm really enjoying this content
@mj6047 2 жыл бұрын
I am dental assistant as well, like your other subscribers, I make 60k a year in Washington DC and I was planning on buying a $40.000 dollars SUV but now you changed my mind set to do something proactive with my money and not investing in a car that will lose its value in few years. Thank you!
@Kanorr 2 жыл бұрын
lose its value in a few seconds. The value typically tanks the second you drive it off the lot. The sweet spot for buying and selling is buying a 2-3 year old car.
@american-professor 2 жыл бұрын
Are you crazy?
@danielgustama9689 Жыл бұрын
@@Kanorr Hence the reason why in my household we usually purchase 2 year old pre-owned luxury vehicles
@StudentDoctorEli 2 жыл бұрын
Nice video Dr. Cellini, you know we love when you talk about the money! Did you ever idealize what you would spend your first paycheck on when you were in med school/residency? How much different was it than this? I'm sure as you got older you thought about money differently and it's value, but I'm just glad you didn't go for the new car purchase, you know a waste of money when you see it lol!
@kaleyhobbs 2 жыл бұрын
I loved this video. I also enjoy the day in the life’s as well. I just find you interesting in general, so I have a feeling I’d watch no matter what the topic is tbh
@angelgalvan6048 2 жыл бұрын
Great insight doc, looking forward to the next one
@angelicarodriguez6750 2 жыл бұрын
Definitely planning on doing this after OT school. Great video!
@jjjjjjjjjjj99999 2 жыл бұрын
Great video, I really enjoy this type of information!
@weliveinaclownworld 2 жыл бұрын
Dr Cellini, you are my inspiration!
@chicken8471 2 жыл бұрын
Thanks for the informative video as always. Also I’m so excited I got my first stethoscope for Christmas!
@lorenaoc3349 2 жыл бұрын
Loved this video! You're so informative!
@sullythedoc 2 жыл бұрын
absolutely loved this video!!
@Simple.Wordless 2 жыл бұрын
My dad did the same thing after he became a federal agent by buying condos in northern Virginia. Least to say he sold them and was able to retire early 🙃
@Kelgore 2 жыл бұрын
it’s called the BRRRR model because it displaces renters, gentrifies neighborhoods, makes the rich richer, and makes the homeless sleeping on the streets go “brrrr”.
@Stoneface_ 6 ай бұрын
Haha unfortunately true 👍🏽
@Schimms Жыл бұрын
Love this video! More, please.
@spacet1me 2 жыл бұрын
Love real estate vids like this, thanks!
@tayoajetunmobi7678 2 жыл бұрын
Please keep more this videos Coming in, really enjoyed it
@frances454 2 жыл бұрын
Loving all your content!
@sarkis5880 2 жыл бұрын
Very interesting video ! I hope they’ll be more like this Merry Christmas Doc!
@marlonqcpht 2 жыл бұрын
Congrats Dr. Cellini!
@DrCellini 2 жыл бұрын
Thanks so much
@forevereveru 2 жыл бұрын
It’s so crucial to have a friend/network that acts as a GC for you in the flip business. I am assuming he has a team of local subcontractors working for him long term. In my opinion the most difficult part of brrrr is one to find a killer deal (is it in Georgia then it’s a pretty sweet market less competitive than the coasts), second is to find good contractors to do the work fast. The rest is just scaling up. And yes with the doctors paycheck you could totally bypass others and be your own hard money lender 😁
@sherrydawson6253 2 жыл бұрын
Wow 👏 good for u guys! Your 1st flip and u got that much! Amazing 👏
@oluski2499 2 жыл бұрын
Definitely keep making these videos!
@kateysandon 2 жыл бұрын
Great video Dr Cellini
@rafaelcalderon3681 2 жыл бұрын
Love this. I want more!!
@joshlynne4882 2 жыл бұрын
You’re awesome!!! Love these videos!!!!
@FAIRVIEWORTIZ 2 жыл бұрын
Loved this!!
@matthewwestfall6999 2 жыл бұрын
I love these types of videos!
@Mia-pw6ox 2 жыл бұрын
Keep em coming !!
@tstoke7877 2 жыл бұрын
Would love to see more of these videos! I am subbed to Graham Stephen and a couple other real estate/finance channels and it’s just nice to hear it coming from someone in medicine as well instead of career real estate investors/KZfaqrs 😂
@DrCellini 2 жыл бұрын
Graham Stephen is one of my faves on this platform. He is an OG in the financial/real estate space
@sumaiabanat 2 жыл бұрын
Love this kind of videos ♥️✨
@ololadeaigoro9285 2 жыл бұрын
Am interested Dr C! Please keep doing these kinds of videos 💗
@zahsum 2 жыл бұрын
Awesome video! Personally, I'd love to hear/see more on the investment side of things as a physician 10/10
@fabianchavez307 2 жыл бұрын
Great video! Definitely would want to see more. .
@amb8147 2 жыл бұрын
I like this video and your transparency.
@kad.k1 2 жыл бұрын
Definitely do more of these!👍
@angelguajardo697 2 жыл бұрын
This was honestly inspiring
@greenbeast7073 2 жыл бұрын
keep these kinds of videos coming!
@annieg4586 2 жыл бұрын
Happy Holidays⛄🎉 Congratulations on your investments, l liked the video advice and perspective. Thank you Dr. Cellini🌠
@diegoorellana7322 2 жыл бұрын
Great video doc!
@Ddystar 2 жыл бұрын
This was great. Please make more videos ever you explain the process more.
@WillZipf 2 жыл бұрын
This is what I’m looking to do once I get into medicine.
@aelet17 2 жыл бұрын
I loved this video!! I’m a vet student and I want to get into real estate as well.
@mischellebalkissoon542 2 жыл бұрын
Yew more videos like this one please. Very informative.
@TheBeyondDiva 2 жыл бұрын
loved this !!! never knew I would be interested in such a thing lol
@Sonny1065LV 2 жыл бұрын
Very interesting that's a great return on your first flip!
@tumbleweed57 Жыл бұрын
Great advice!
@singerdancerlaugher 2 жыл бұрын
Would love more videos like this for sure!
@8TwntyTwo Жыл бұрын
I love it! Thank you
@shamrockgirl6595 2 жыл бұрын
Love 💞 the diversity of your videos! Love 💘 the cold hard facts you give.
@cooljamesmom 2 жыл бұрын
Looking forward to the additional topics you mentioned.
@chrislifts2981 2 жыл бұрын
please more real estate videos i love real estate and this is great inspiration
@davidlakhter 2 жыл бұрын
love this video!
@richardpoplis6777 2 жыл бұрын
Great sucess Dr... best of luck.. in future
@DoctorPremed 2 жыл бұрын
Haha, you read my mind because my focus when I saw your investing partner was the belt buckle lol
@bowbyvermont7652 2 жыл бұрын
I like this. It would be cool if you made more videos about it.
@bohlyn8811 2 жыл бұрын
I like these kinds of videos!
@pumulomambwe9585 2 жыл бұрын
WE WANT MORE... would also be nice if you broke down the number further on expenses
@DVMCellini 2 жыл бұрын
I will
@pumulomambwe9585 2 жыл бұрын
@@DVMCellini another Dr Cellini?🤨
@joshbritton 2 жыл бұрын
@@pumulomambwe9585 one of the brothers
@charliebachman3515 2 жыл бұрын
Great video!
@docjackal8511 2 жыл бұрын
The most important number: the first paycheck amount is the main number missing.
@manjotsingh6024 2 жыл бұрын
Exactly lol
@ABSumait 2 жыл бұрын
More content like this please 🙏🏼🙏🏼
@medfreak 2 жыл бұрын
Keep doing such videos! It was very informative, and do make a video on the rental properties that u have. How u bought it, what was the investment, howz the return etc. Regards junior doctor 💕
@saurabhmaske9376 2 жыл бұрын
Really informative and helpful sir
@zzzinsomniaczzz 2 жыл бұрын
More of these videos please!
@shaunati 2 жыл бұрын
Thanks for the advice, passive income is very important. I like real estate because its a tangible investment that usually goes up in value, unlike most consumer goods.
@dochudson9912 2 жыл бұрын
Passive income = exploiting poor people
@shaunati 2 жыл бұрын
@@dochudson9912 Unfortunately , thats capitalism and that's the basics of this country.
@eddieshamosh6792 2 жыл бұрын
Phenomenal video
@ashog1426 2 жыл бұрын
I'm still far far far off from my first PA check but hopefully half will go to my student loan and the other half will go to getting myself a condo.
@marquitomerkkks2033 2 жыл бұрын
More informal videos like this please
@BoltCRNA 2 жыл бұрын
No Kidding! I was just in Atlanta visiting family for the holidays looking at real estate investments with my brother there.
@griffincopp5294 2 жыл бұрын
great video!
@gurleenkaur3943 2 жыл бұрын
👏👏👏👏great work
@guillaumel2049 2 жыл бұрын
Hi Michael! Merry Christmas! Ohh flips!!!!! I invested my first paycheck in ETFs. haha
@DrCellini 2 жыл бұрын
Good! Put that money to work
@ahmedalemam8641 2 жыл бұрын
I'm currently a fellow in NYC -not in radiology though!:D-, and I'm starting to look into jobs. You mentioned that you're in NJ, how did you find your current job's compensation compare to other further away locations? Also how far are you from the city?
@joshvermetteF1 2 жыл бұрын
This was great as it’s something me and my wife have been thinking of doing in the coming years we flipped a new townhome for a 40% profit in 6 months with the market in canada to allow us to buy a larger home in the country but more of our dream home!
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