📌Learn how to invest with my FREE guide, “7 Steps to Invest”: nicktalksmoney.com/7StepsToInvest 📌Start investing & get free stocks: nicktalksmoney.com/public American vs European Doctors: who makes MORE MONEY?💰👨⚕️ Some key assumptions: -Both invest half their income & get an 8% average annual return -The American doctor pays off his debt (also using half of his income) before investing -Both receive roughly the median pay (though doctor pay varies pretty widely among EU countries) Clearly, becoming a doctor is a lucrative profession no matter where you live (not that money should be your primary motivation to become one), but are American or European doctors better off? Yes, American doctors are often burdened with an immense amount of debt, but their average salaries are 2-5x those of European doctors. But does the lack of debt + head start with investing pay off for European doctors? Watch until the end to see👀 Top tax rates in Europe tend to be ~10% higher than those in the US, and the threshold to reach the top bracket is much lower (so more people are subject to higher rates) 📌Learn how to invest with my FREE guide, “7 Steps to Invest”: nicktalksmoney.com/7StepsToInvest 📌Start investing & get free stock: nicktalksmoney.com/public Subscribe to learn more of what school SHOULD’VE taught you about money🧠 Appreciate you! -Nick . . . . . . Disclaimer: This content is purely educational in nature and is NOT intended to be financial or tax advice. Consult with a qualified professional who understands your specific situation before making any financial decision. Nick holds the CFP® designation, and had a career as a financial planner, but does not currently advise clients and solely focuses on creating educational financial media. I'm an affiliate partner of Public and receive a small kickback if you decide to sign up through my link at NO cost to you!
@@humanperson8903 well in this case, the American doctor can't pay for an extra holiday (unlike the European doctor) but the European doctor is happier because he is already set for life and is less stressful than the American
@@RoyDerDude Central Europe includes Germany, France, Switzerland and Italy, some of the countries that pay doctors the most. You must remember Europe includes Spain and a lot of Eastern European Countries where the average wage is way lower: I'm not sure that's enough to drag the average down to 3k, but Central Europe is not a good representation of Europe as a whole.
@@mrknarf4438 Europe 101 If it doesn't suit my argument/paint my argument in a positive light we can just claim "x places aren't really representative of Europe as a whole" You can pretty much apply that logic to any conversation topic when it comes to European countries. Even if the vast majority of European countries follow a trend all you need is 3 or 4 of the "large" countries in Europe to differ and anyone from those 3 or 4 counties will tell you "oh those other places don't really represent Europe"
@@The_muslim_maurauder I'm studying in Poland, Eurasian studies (studia eurazjatycka). It's not free but it's very cheap compared to the US. Tuition in polish universities are like 2000-4000 dollars a year. Dorm fees are like 150-250 dollars a month. Overall living costs are way lower. I plan on joining the military and later other government jobs which require degrees. While i study in polish it's possible to study in English. I have met Americans who go to med school here and plan on returning, they said it's possible. I don't think med school is free for foreigners anywhere but it's relatively cheap.
@@The_muslim_maurauder one thing you should consider is some western european countries might have cheap university but living costs exceed the US in many ways. Rent, food, public transport etc. I think the best places to study are countries like Poland, Czech Republic, Lithuania or Hungary since they are developed but they are way cheaper. Britain and germany are so expensive to live in. No idea what your financial status is or what you want but i think its worth checking out some other places too.
@@zee-fr5kw for everyone? I don’t think so. In many jobs the USA have a „fire and hire“ style with no to 15 (maybe paid) vacation days, many times no (nearly) unlimited sick leave and most of the time no paid parental leave. In Germany that would be Job protection for many cases after a trial period of up to six months, at least 20 paid vacation days per year (most of the time it’s more), public holidays off (not in hospitals, but nearly everyone else), nearly two months of paid sick leave at full pay (with a doctor’s notice) and more at reduced pay and 6 weeks of optional paid maternity leave before the due date, eight weeks of paid mandatory maternity leave after giving birth and an additional year of (combined) paid parental leave. I know which one I prefer.
@@jennyh4025Doctors aren’t one of those “hire and fire” jobs People from the US who complain about management being mean or whatever most likely works a minimal wage job,
Love how you generalise Europe, there are huge differences between countries when it comes to tuition, length of studies, how much the degree is worth, parental leave, paid holiday and much more
Literally. Like US is a country... Europe is a whole continent with (I believe) 44 different countries in it. That's like comparing Mexico, USA, and Canada since they're all in North America. And that's only 3 countries
I love how ALL of these videos treat Europe as a country. There are many countries in Europe and the difference in pay (or general conditions) is huge. For instance Czech doctors study in Czechia and then they search for work in Germany, cause they will get paid significantly more.
@@ghostsage9535 that's what he also said, that with his salary it's inaccurate, that he can payoff student debts in 4 years taking in account cost of living over 4 years.
True and the max European doctors get (because of universal healthcare) is 60,000$ usd approximately 48,000 pounds. He would be lucky to have 1,000,000$ and taxes in the EU countries are astronomical I believe 20% sales tax.
It said 6 years, not 4, and the $60k was his starting salary in residency. His residency would end after 4 years and he'd be making a lot more money for those last 2 years (the exact amount depends on where in the US he lives and what type of doctor he is). It would still prolly take more than 6 years to pay off the med school debt, but not much longer.
Also I heard if you're doing that there is a 5 star hotel located beside your nearest mcdonalds called a Dumpster Hotel which is free and has great food
I have a second cousin in the uk. If i wanted to become doctor id ask them to apply citizenship or student visa or smth, go to the uk for med school and residency, and return to America as a doctor.
US does offer paid parental leave, just depends on state and company. The only benefit is not having the debt but with their salary in the US after residency and a few frugal years it's really not that bad
@@beekusupersaiyan60 you know how hard it would be to live off half a pay check. Trust me I’ve never had much money but at least I’ve had more than that.
@@thatkidoverthere2564 oh yeah that makes sense sorry I just didn't understand the comment and yeah I get you, there's a very limited group that can actually invest half of their paycheck and live comfortably, and it's probably not the people who get this video, like me I know I won't be able to afford to do it
Yeah, like most people these days can all totally afford to invest half their paycheck and not have to worry about how theyll pay all their bills with the other half
@@HeyDaki true. And I suppose it is hard to tell whether or not someone is being funny or genuinely believes what they say, and as you said, it's the internet, where generally it's the latter half
@@your_-_mom Hardly matter? Giving everyone access to excellent education and excellent healthcare is irrelevant? Not be worried about costs when in accident or getting terminally ill. Having good public transport options and road conditions…
the European doctor won. still pretty rich, good quality of life, and lives in a respectable country. that's much better than having to pay student loan debt.
if we take into account that in some European countries I think Germany to be part of the 1% it is like 130k while in America it is 400k. so European doctor has a richer life quality compared to the American doctor because of the living cost differences.
Ever heard of the pyramid of Maslow? Of course if none of your needs are met, you're gonna be unhappy. But above a certain threshold where your basic needs are met, money has way less importance in making you happy. It's all about needs, and money only provides basic ones (a house, food, entertainment, etc.)
@@insert_name8490 is that 50k above your needs? Basically after you pay for rent and other needs you have about 1k per week to spend on yourself, trips or hobbies. That depends on where you love but seems reasonable.
Graduated uni in South africa, worked in the US made excellent money now live in belgium make good money but happier in Belgium - work life balance is real here
@@triple.exe2 Well true that but I can't afford to pay 45 € if I earn 100 € + most of them are unnecessary taxes or things like for the betterment of elderly people
The video says Europe and shows the EU flag (European Union). There is some inconsistency. For example.. Switzerland is more or less in the middle of Europe (the continent) but not a part of the EU (European Union)...
My mom's a doctor in Hungary and she earns close to 45k. It's not as bad as it used to be just 2 years ago. They increased salaries by a lot. Although she's at the end of her career. She'd probably earn closer to 110-130k in let's say The Netherlands doing the same thing.
@@martonracz5800 public. She used to have private but not anymore. She does make around 40-45k (USD) net a year. Or around 1,3-1,4M HUF NET per month. I don't know the exact number. She has a lot of responsibility though :) So still around 1/3 of what it would be in The Netherlands for example.
@@RonaiHenrik you have to compare living costs and taxes. Her salary will increase 2x but so will other costs. Housing is a big problem rn in the netherlands, they're evicting farmers to build new housing so there is alot of tension now
Truth is that in denmark a newly educated doctor can easily be making 90k a year usd with benefits. And those benefits include a pension that is pretty damn good
I get unlimited vacation days (discussable) I can take 35 days off without anyone caring. After that I will need to discuss my days off (which are always granted) All of these days are fully paid! Most Dutch employers do this
@@KimJisoo_LeftToeHair You have NEVER worked at a hospital clearly. Thankfully there are plenty of people in my feild so we can take vacations as long as it's one of us at a time. The nurses GO TO WORK WITH INFECTIONS DESSIESS BECAUSE THEY CAN'T GET TIME OFF
I've seen some of your videos and from what I've seen, the message is to basically live paycheck to paycheck just to be rich by age 50, the average salary in America is around 50k to 60k (dont know the exact number) a year so that leaves around 25k to 30k just to live off of and tbh that's almost impossible in most places in the states
I have lived in South America, Denmark and Switzerland. Free healthcare seems like a brag and it's free and all, but when you get an appointment for an emergency like cancer screening for months in the future because the lack of private hospitals saturates the public healthcare system even when paying 50% taxes. It is not that great. I prefer Switzerland and it's private insurance system far more
Yeah, like taxes and especially social contributions like health care or pensions don‘t exist. If a doctor in Germany decided to invest 50% of their pre tax salary they‘d be left with nothing to live off.
Meanwhile getting into Indian government colleges for a minimum of 100 dollars for five years and may be a few extra bucks for the whole process if you're really smart. Work abroad and be rich. But remember u gotta go in merit.
I‘m German and my neighbor is a doctor. She doesn’t only make 90k She makes 500k a year as an anesthesiologist and invests a lot of her money in real estate
What you have to remember though is that the American doctor will have to deal with malpractice lawsuits even if he did everything possible and the lawsuit is obviously frivolous
Yea if he would have looked at a swiss doctors salary it would have been way different and he doesn‘t specify which kind of doctor because if he‘s a normal doctor without any expertise he would make about 250-300k a year but as a surgeon that would go up quite a lot and if we talk about a neurosurgeon it would be between 600-700k
In Germany a resident doctor makes around 3k a month, so 36k a year. 70k is a salary of an experienced resident or a young specialist (so after 5-6year of working). Source : I work as a 1-rst year resident in Germany.
@@hecticlungs4308 33m people visited paris last year alone. if we look at other cities like barcelona, rome, berlin, london, etc you'll see a similar result. europe is far better than america in so many ways lol.
American doctors usually have more extensive training resulting in higher quality treatment. Comparatively they also tend to lack better bed manners, but that does not much affect the treatment. Note that this is generalization based on observation and statistics.
If you live long enough. Not everyone lives to be old and then you’ve just sacrificed your life to schooling and debt. I’d rather have less money and more time. Lest you end up with more money than you know what to do with your little time left.
@@EroticInferno Not really a sound argument, if you take out thousands upon thousands of dollars in debt and your first out of university position earns you more money than an European doctor, and you die at 40....well you still win. Debt don't mean squat when your worm food
I'm a med student in the UK and I had to pay for my tuition. Its depends on situations, my debt isn't as bad as an American schools but I'll still probably be paying them off for 40 years.
UK student loans get struck off the books after 30 years, even if they’re never paid back. Basically works like an extra tax on a paycheck rather than a classic loan
@@edixonvc5101 they basically just tax you a little bit of your paycheck once you’re above a baseline amount, something like above £24,500. So you keep your earnings to that level (minus tax) then above that bracket, something like 10% of the rest of your earnings automatically goes to your student loan repayment. You can choose to pay more obviously, but if you’re earning £30K after tax, they’d only be taking £550 for that year. Since uni is £9.5K plus a maintenance loan of minimum £4.5k, per year, plus interest, £550 per year isn’t gonna pay that off. These are ballpark guesses, specifically about uk student loans, so if you’re interested in the exact figures I’m sure Google can give a more well-rounded explanation than some rando Londoner
Well some factors, he is taking the earning in raw, without thinking about extra costs, you would have to pay a lot in healthcare in US and that will drag how much money you have a lot while in most European countries you wouldn’t have to pay anything and on some small stuff maybe small amount around 10€-50€ on some vaccins, mostly the vaccine for the flu, but you don’t really need it but it’s something to consider when you get older to save the hassle of been really sick
@@nyancatbeatcreature.3782 healthcare is usually provided by your employer. In this case the healthcare facility you work at will provide it for you and vaccines are always free especially for healthcare workers I don’t know why they make you guys pay. Pretty much every single insurance company will fully cover a flu vaccine or like 10 dollar copay.
@@nyancatbeatcreature.3782 I live in Europe amd pay about 20% of my salary for medical bills 😐 Noone of my medicines are fund by goverment and you need to wait about 2-3 for free appointment with doctor. Also 10$ is more than my salary per hour so I dont consider it as 'small'....
The low amount of holidays (let alone paid holidays) and the difficulty to actually use them are reasons for me to never consider working in the USA (I work for an American company so I have the option to temporarily or permanently relocate). While I love my job, I still work to live instead of the other way around.
I work in the US and I get more leave than I ever use. I usually sell two weeks back to the company every year because I just don't need it. Just because the government doesn't force employers to offer leave doesn't mean plenty of them don't anyway.
@@julianishere cause you can just move to either to a midwestern state or a cheap southern state and receive a much higher salary and pay a lot less taxes
Yes, bearing that moral quandry everyday can be quite exhausting, this defenitely emotionally more exhausting than most other jobs, hence it justifies a very high salary as compensation.
@@guildingfire6216 IDK seems like people go to the doctor a lot. Generally, those with health issues buy insurance. Those who are healthy don't. There's no interest on health loans so a lot of people just never pay them back. I don't have insurance because at my age my risk of health issues is fairly low, I put the money into savings and have built a fairly large nest-egg which I will use later to pay for health issues out of pocket. If I have a major issue I'll just finance it and pay for it later with a 0% interest loan. America is what you make it, if you're dumb and lazy you'll suffer. If you're determined and hard-working you will be rewarded. It's the typical capitalism vs socialism debate there are certainly pros and cons to both structures. depending on the type of person you are you'll benefit from one more than the other. Personally, the higher risk/reward structure of the American Economy has really worked well for me. But people who were never taught how to survive certainly could benefit from more hand-holding.
Average cost for medical is more in the countries that take it in taxes. I didn't spend anything this year in medical cost. But living in Canada I would have spent thousands. 20k < 10k a year.
To summarize: A bet was made about who would be richer. The European lost, so he started listing off a bunch of things (some of which may not even be true) that are NOT what the bet was about. Also, keep your 6 months of leave and 2 more weeks vacation. The American doctor will be able to retire 10+ years before the European
@@chris-rios graduated, but the job hunt yield is lacking. Still at my first job. Almost got the job I wanted but covid came in and destroyed my chances. So now I just stock shelves. Oddly enough, I was a manager but took a step down just to get a pay raise. I would have had a nice pay raise had I gotten a promotion, but why pay someone who knows what they're doing when you pay someone who doesn't for less...and then have me teach them how to be the manager...jobs around my area are low wage jobs, jobs that require immense experience, and jobs that hire someone every month due to how shitty the company is. I could live happily for 5 more dollars an hour. I learned that a degree is worthless paper, that I'd be in the same place now except with more than double what I have now. So now I've come to accept the fact that I'm probably gonna stay with the same job, slowly move up the corporate ladder, live in a crummy apartment alone, and retire around 80.
That’s low even for a primary care physician in my area. That’s less than a dentist makes here as well. I work in the OR and the nuero/ortho, and even podiatrist makes over $1 mil a year. Their own practice vs a group can be different with their contracts etc. I routinely see $5 mil+ for surgeons. A bunch I know also went US military under reserve or guard contracts to avoid student loans, along with grants etc. You also forget that in Europe they take tests when they are in 8th grade to determine their career paths, trades etc. Stop misleading people. My management position as a BSN in Nursing makes over $150k a year without taking call. I have no debt and my degree was paid for by the hospital. Debt free isn’t hard if you plan it out. Write for grants/scholarships, choose a high demand career field. Your end up ahead and enjoy retirement comfortably if you take the time to plan it in your 20’s.
Remember Europeans get taxed MORE than Americans and not all Europeans get free education (a ton of people pay for ANY education in Europe) and A LOT of times students travel to cheaper European countries to get their doctor degree. Also in European doctors need to learn as MUCH as American (I think it was at least 8 years to be a doctor). So this is HIGHLY innaccurate. (Yes I’m European)
This is actualy true and there is nurses strike going on because they are too over worked and too low salary I can give one example of known doctor that is still at "sick leave" almost a year because of "mental distress" And that is ok in their mind
Never graduated high school and make more than a doctor..... but I still need a doctor. don't chase the money chase a life worth living the money will naturally come but only if you are the best at what you do. People that pick a career for money are always the most miserable.
Oh, right. How many Americans go into debt over healthcare and education as compared to Europeans who go broke from taxes. We pay more in "taxes" for those things too. They just go directly to private companies and are guised as "insurance".
Single payer efficiency are throwing emojis.what do you more than halve your healthcare system is working out who pays and having the most expensive drugs
@@ilovecoffeev Security or autonomy? Do you want procedures on your time or theirs? Do you want specific health plans tailored to you and your family, or do you want the state to decide what needs to be prioritized? You rather have a system that gives you security, money, free education, and no true mobility in the society, than the free, autonomous country you live in? You may think these countries are free, and nice, but always remember, what the state provides, the state can also take away, look at freedom of speech, only if you say what is allowed by the country's taboos and legislation. I'm not talking about call to actions, I'm talking about misgendering people is a form of hate speech that would warrant a visit from police. Be lucky, because if we lived the way you wanted, we would all be "happy" with our slavery, and not question our leaders. I know this seem outlandish, but what you ask for only ends up one way, tyranny, and it seems nice at first to have things provided for you by the state, but over time it will deteriorate, and then you will be at the mercy of said state, because you rather get free shit than having control over your own life. Think about it, or you can make it easier on yourself and watch "Brave New World," which would be an entertaining, and thoughtful experience. Regardless, I wish you well, and have a wonderful rest of your day.
Let me remind a couple of things. Studying to be a doctor here in my country is not 4 years, is between 8 and 10. On the second place, let me remind you that health care in Europe is free, its logic that private doctora make way much more money than publica. Finally, let me also tell you that I crazily doubt there exist a public doctor who makes 150k a year
European doctor: "Also, I didn't become a doctor to get rich but because I care about helping people. Our system lets me help everyone who needs my help, not just those who can afford it."
Thats something extremely important: The american system attracts people that are mainly interested in the money. Putting them into debt makes sure that they will see it as absolutely necessary to get most money from their patients first. Later, when it wouldn't be thst necessary, they got used to it and they feel it is justified because they had to go through a lot of hardship to get there.
@@meingutername2158 no one will put themselves through 4 years of under grad 4 years of med school 3-7 years of residency plus a fellowship just for me money. Way too much work and delayed gratification just for a high salary. There are plenty of easier fields you can make to same or more in less time and stress.
2 things, Europe is a continent, every country is different. Second thing, after taxes EU is mostly at least 40% less than that and US unless you're in NY,Cali and such states income taxes are 5 to 10%
Yup, Norway has been living the good lif3 for so long...1.5 birthrate for 30 years meaning no replacement generation and country of older people. They can apply all the protection they need. The question is how long will Norway be able to maintain their society, import and exports, manufacturing and security. It's going to be one large retirement center at the end of this decade.
with a higher salary you can also easily afford to take more vacations. Also you can retire earlier and enjoy many more years of just living life. a little bit more of a grind for a better future
I’d rather be a doctor in the US, you make 400k a year at any hospital, you can pay your loans off fairly quick, and make bank the rest of you life, healthcare workers don’t have 2 weeks vacation a year, it’s earned a set amount of hours per pay period you can acquire 100s of hours vacation time
(Lets be honest living in europe even poor is better than being rich in america not even mentioning just a gap in wages) Nowadays school shootings are the least worrisome thing happening in america right now 🤣
The parental leave is the only time you get to see your child, I'd rather be American so I don't have to put my child in a care facility because I'm not allowed to stay with them
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American vs European Doctors: who makes MORE MONEY?💰👨⚕️
Some key assumptions:
-Both invest half their income & get an 8% average annual return
-The American doctor pays off his debt (also using half of his income) before investing
-Both receive roughly the median pay (though doctor pay varies pretty widely among EU countries)
Clearly, becoming a doctor is a lucrative profession no matter where you live (not that money should be your primary motivation to become one), but are American or European doctors better off?
Yes, American doctors are often burdened with an immense amount of debt, but their average salaries are 2-5x those of European doctors.
But does the lack of debt + head start with investing pay off for European doctors? Watch until the end to see👀
Top tax rates in Europe tend to be ~10% higher than those in the US, and the threshold to reach the top bracket is much lower (so more people are subject to higher rates)
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Subscribe to learn more of what school SHOULD’VE taught you about money🧠
Appreciate you!
-Nick
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Disclaimer: This content is purely educational in nature and is NOT intended to be financial or tax advice. Consult with a qualified professional who understands your specific situation before making any financial decision.
Nick holds the CFP® designation, and had a career as a financial planner, but does not currently advise clients and solely focuses on creating educational financial media.
I'm an affiliate partner of Public and receive a small kickback if you decide to sign up through my link at NO cost to you!
You also forgot about the free health care and other benefits in europe
was this based on the european union countries or just norway?
Ain’t no one paying off 230k in 6 years when they are living off half of their paycheck AFTER tax
What do u mean by “invest” like invest in bitcoin or what
You also have to account for the worth of the currency.
"I'm richer"
"Yea but I'm happy"
They’re both happy lol just ones richer
@@sebastianschakel8926 fr
"Money cant buy happiness" yes it can lmao
if i was rich i wouldnt have to deal with anything that makes me sad
Sigma male mindset
@@humanperson8903 well in this case, the American doctor can't pay for an extra holiday (unlike the European doctor) but the European doctor is happier because he is already set for life and is less stressful than the American
Yeah I'll listen to nick and invest half my paycheck even tho I'll be on the streets later on In life I'll be a millionaire 😂😂
Brother really just said European Doctor like that isn't an enormous range of incomes.
$3K average per month... is not worth it.
@@livedandletdie idk where you get that Number from. Central European Docs earn an average of 7.500 a month
@@RoyDerDude Central Europe includes Germany, France, Switzerland and Italy, some of the countries that pay doctors the most. You must remember Europe includes Spain and a lot of Eastern European Countries where the average wage is way lower: I'm not sure that's enough to drag the average down to 3k, but Central Europe is not a good representation of Europe as a whole.
@@mrknarf4438 Europe 101
If it doesn't suit my argument/paint my argument in a positive light we can just claim "x places aren't really representative of Europe as a whole"
You can pretty much apply that logic to any conversation topic when it comes to European countries. Even if the vast majority of European countries follow a trend all you need is 3 or 4 of the "large" countries in Europe to differ and anyone from those 3 or 4 counties will tell you "oh those other places don't really represent Europe"
@@mrknarf4438 neither France or Italy are part of Central Europe tho
*goes to college in Europe, gets a job in America*
Hey now that’s cheating
that's literally what I'm doing
@@stuart4341 is it actually working though? As in did you skip 4years and have free medschool AND get the same amount of pay when in Us? Balooney
@@The_muslim_maurauder I'm studying in Poland, Eurasian studies (studia eurazjatycka). It's not free but it's very cheap compared to the US. Tuition in polish universities are like 2000-4000 dollars a year. Dorm fees are like 150-250 dollars a month. Overall living costs are way lower. I plan on joining the military and later other government jobs which require degrees. While i study in polish it's possible to study in English.
I have met Americans who go to med school here and plan on returning, they said it's possible. I don't think med school is free for foreigners anywhere but it's relatively cheap.
@@stuart4341 oh, that's fantastic. I've heard Studying in Germany or glassgow is almost free, (I'm doing my Cambridge A levels btw)
@@The_muslim_maurauder one thing you should consider is some western european countries might have cheap university but living costs exceed the US in many ways. Rent, food, public transport etc. I think the best places to study are countries like Poland, Czech Republic, Lithuania or Hungary since they are developed but they are way cheaper. Britain and germany are so expensive to live in. No idea what your financial status is or what you want but i think its worth checking out some other places too.
"Invest half of your paycheck every week."
I love starving on the streets while evading taxes.
This guy is 100% a scam
Invest half you paycheck, Pay off your student debt, and pay ur bills 💀
@@aered I'd haf to sell my soul to do that.
Literally so unreal if you wanna invest in something with your paycheck do 15% or 20%
People in the military 🤑
"I'm richer."
"My employers treat me like a human who's worthy of respect."
The US is both
@@zee-fr5kw for everyone? I don’t think so. In many jobs the USA have a „fire and hire“ style with no to 15 (maybe paid) vacation days, many times no (nearly) unlimited sick leave and most of the time no paid parental leave.
In Germany that would be Job protection for many cases after a trial period of up to six months, at least 20 paid vacation days per year (most of the time it’s more), public holidays off (not in hospitals, but nearly everyone else), nearly two months of paid sick leave at full pay (with a doctor’s notice) and more at reduced pay and 6 weeks of optional paid maternity leave before the due date, eight weeks of paid mandatory maternity leave after giving birth and an additional year of (combined) paid parental leave.
I know which one I prefer.
@@jennyh4025Doctors aren’t one of those “hire and fire” jobs
People from the US who complain about management being mean or whatever most likely works a minimal wage job,
@@alejandroromero6236 or at big tech companies, there people can get fired over night as well
Doctors are not treated with respect in Europe
"I'm richer than you now"
"Yeah, in net worth, not in life"
@@dudebros6122u gotta agree america doesnt beat everyone in every thing
@@dudebros6122 and why not make it free?
@@dudebros6122 slavery is when ur forced to work and the goverment pays a lot for the nurses so healthcare should be free for everybody
@@dudebros6122 and they themself were acknowledged that before they chose to work in a hospital
He did really just flip the rules like that
I like how his entire business idea is “just invest 50% of your paycheck”
Unsung reality of it all. That's literally all he has to offer. Not viable in the US and nowhere near viable in the EU or UK
"6 months of parental leave" is basically telling him "You have no bitches"
Lmao. “JuSt iNvEsT 50% oF yOuR pAy”
Fucking right?
This is actually a great strategy to always save and invest 1/2 your pay. Increase your earnings and decrease your expenses until you are there.
If you have more than enough for living with that half it’s not a bad idea tbh
@@dgmangold my man really living off of a third of a sliced bean and a crumb of bread per day
@@dgmangoldYou prefer stone soup or mud stew? Because that's all you can afford if you do that
Love how you generalise Europe, there are huge differences between countries when it comes to tuition, length of studies, how much the degree is worth, parental leave, paid holiday and much more
England: triples tuition fees in 2014 but not even a 10% increase in wages.
@@RN-bo4zz stop voting tory then. It's all free in scotland :)
@@PinkSparklerToontown believe me we're trying lol 😅
Literally. Like US is a country... Europe is a whole continent with (I believe) 44 different countries in it. That's like comparing Mexico, USA, and Canada since they're all in North America. And that's only 3 countries
@@oofiedoofie name one eu country where student debt can reach such nightmarish levels ONE
Asian parents: why can't my son be like them
Me: studies in Europe then moves to America
Checkmate
But yet still doesn’t have parental leave or reasonable healthcare prices 😭😔
I love how ALL of these videos treat Europe as a country. There are many countries in Europe and the difference in pay (or general conditions) is huge. For instance Czech doctors study in Czechia and then they search for work in Germany, cause they will get paid significantly more.
yeah but that is avrage income ma'am
well he said america vs Europe not usa sooo
I think it meant EU aka. European Union.
It shows EU flag, so yeah, European Union.
Americans treat Europe like the Germans won WWII
The American paying off student loans in 4 years is so inaccurate with his salary
true but you would still have to pay tax, bills, and other things
@@ghostsage9535 that's what he also said, that with his salary it's inaccurate, that he can payoff student debts in 4 years taking in account cost of living over 4 years.
True and the max European doctors get (because of universal healthcare) is 60,000$ usd approximately 48,000 pounds. He would be lucky to have 1,000,000$ and taxes in the EU countries are astronomical I believe 20% sales tax.
It said 6 years, not 4, and the $60k was his starting salary in residency. His residency would end after 4 years and he'd be making a lot more money for those last 2 years (the exact amount depends on where in the US he lives and what type of doctor he is). It would still prolly take more than 6 years to pay off the med school debt, but not much longer.
@@BeamerBoy325i *Laughs in british* I'm going to die a virgin
Many states in the US offer paid parental leave, such as Connecticut.
Yeah I think the video meant that in the whole of Europe it's law while in the US it's only at a state level
You said many states then proceeded to name one...
@@christopherwilliams7905its an example, lmao. You except them to name all of them?
UK Healthcare workers are soooo happy they are striking and are showing the exact opposite this shit shows
They're under-funded in the UK, even though there is enough money for them.
UK is enjoying brexit and not really part of Europe as they tell you
@@sd1660 UK is not enjoying it, the UK is pretty much screwed. and if they try to come back, we will probably say „nah”
Ah yes invest half your paycheck and hope the economy doesn't crash strategy. Very reliable
Yea totally a safe and reliable option and idea
Also I heard if you're doing that there is a 5 star hotel located beside your nearest mcdonalds called a Dumpster Hotel which is free and has great food
Invest what you can while markets are low 😅
I recommend investing at least 50% in to the Lehmann brothers. Very reliable.
@@Hel15 all your name is Joseph Stalin and you have a Ukraine pfp. Something ain't adding up
Asians: "Took you 32 years to be doctor?"
Steven's son is 2 and alredy a doctor
"Timmy already doctore before he was even born"
"Your cousin Timmy had to deliver himself"
"All you deliver is *PIZZA* "
@@bealu9459 Steven son graduated before his mother got pregnant
Read that in Steven he's voice hahah
Depending on where you live you can have up to 490 days of paid parental leave.
Per year??
@@geornaidv ... what?
I have a second cousin in the uk. If i wanted to become doctor id ask them to apply citizenship or student visa or smth, go to the uk for med school and residency, and return to America as a doctor.
Is a hamburger an instrument?
*Intense burger noises*
woAHHHHHHH smart
@@stina_1813 yes
admire my intellect B)
We pay a lot to buy the specialists from other nations lol. It's actually crazy
Bro just beat the system
@@futyxcr7editz614 yes B)
"i invested half of my paycheck"
Random person who did that too: 💀
Your grandpa’s funeral?
They probably live with their parents 💀
Stock Market is mad 💀
What he didn’t say is that the American can retire with the same amount of money just 15 years sooner
@@V0RT3X207 bruh 💀💀
becomes doctor in Europe.
Moves to US.
US does offer paid parental leave, just depends on state and company. The only benefit is not having the debt but with their salary in the US after residency and a few frugal years it's really not that bad
Which state? And how long?
This isn’t even pinching pennies anymore it’s pinching air.
Sorry could you explain this to me please
@@beekusupersaiyan60 you know how hard it would be to live off half a pay check. Trust me I’ve never had much money but at least I’ve had more than that.
@@thatkidoverthere2564 oh yeah that makes sense sorry I just didn't understand the comment and yeah I get you, there's a very limited group that can actually invest half of their paycheck and live comfortably, and it's probably not the people who get this video, like me I know I won't be able to afford to do it
@@beekusupersaiyan60 all good some times certain things are phrased weirdly.
@@beekusupersaiyan60
Investing half of your paycheck
Ah yes, I too love starving myself for weeks
Also I guess we are not paying taxes anymore
@@traiton6653 fr, imagine not laundering your money smh
i think you can afford to use half of ur 100k a year
@@traiton6653 I'm not
@@erser895 not in Europe
"I bet I will be richer than you as a doctor in America than you will as a doctor in Europe"
"bro my grades are shit the fuck are you on about?"
"10% less in taxes" i bet it's actually closer to 30%
Considering denmark has like close to 40 percent taxes and norways has a 20 percent sales tax or somethin
No… uh we still tax around 30-40% for that pay bracket lol. 10% is very accurate
"Since I'm following nick"
"Who the hell is nick?"
The person that made this video
@@MinaBilali who?
Hello Everybody!
Hello Dr. Nick!!
I swear this dude might actually believe you can invest 50%
Yeah, like most people these days can all totally afford to invest half their paycheck and not have to worry about how theyll pay all their bills with the other half
@@scottsimpson5398thats not how the real world works
@@HeyDaki I get the feeling you couldnt read the sarcasm in my comment
@@scottsimpson5398 the probability of you being serious is higher than you not being serious. It's the internet after all
@@HeyDaki true. And I suppose it is hard to tell whether or not someone is being funny or genuinely believes what they say, and as you said, it's the internet, where generally it's the latter half
"Med school is free"
Here's the down side taxes are high as hell
US taxes are higher than the vast majority of European countries. Quit buying into republican propaganda
Well for the benefits we get I’m happy to pay em
@@stillx1211 the benefits hardly matter
@@your_-_mom Hardly matter? Giving everyone access to excellent education and excellent healthcare is irrelevant? Not be worried about costs when in accident or getting terminally ill. Having good public transport options and road conditions…
Yup, those high taxes is what’s keeping education and healthcare so cheap
Lol. European doctor really moved the goalposts once he lost.
the European doctor won. still pretty rich, good quality of life, and lives in a respectable country. that's much better than having to pay student loan debt.
A french rapper once said :
If you think money doesn't buy you happinness, go ask the homeless over there
if we take into account that in some European countries I think Germany to be part of the 1% it is like 130k while in America it is 400k.
so European doctor has a richer life quality compared to the American doctor because of the living cost differences.
Ever heard of the pyramid of Maslow? Of course if none of your needs are met, you're gonna be unhappy. But above a certain threshold where your basic needs are met, money has way less importance in making you happy. It's all about needs, and money only provides basic ones (a house, food, entertainment, etc.)
Yes but a stidy shows that happyness doesnt increase afer 50k a year of disposable income
@@insert_name8490 is that 50k above your needs? Basically after you pay for rent and other needs you have about 1k per week to spend on yourself, trips or hobbies. That depends on where you love but seems reasonable.
"Money doesn't buy you happiness... but it sure is more comfy to cry in a brand new Tesla than it is in the middle of the street"
Graduated uni in South africa, worked in the US made excellent money now live in belgium make good money but happier in Belgium - work life balance is real here
69 likes. Noice
@@gabrielthefallenachangel I ruined it.
45% Tax left the chat 💀💀
Yea
From Europe
Since the money is actually put to good use and makes humans able to live as humans, i wouldnt mind paying that much in taxes.
@@triple.exe2 Well true that but I can't afford to pay 45 € if I earn 100 € + most of them are unnecessary taxes or things like for the betterment of elderly people
@@triple.exe2 and btw here in Indian , people take care of their parents not like in West where you cut off from them after you starts earning
Still Europe. Less stress for a still very impressive pay seems like a way better deal.
I love how he just says Europe I mean if your a doctor in Switzerland you earn way more
In the EU you can go to every university inside the EU plus some other countries ( it's cald EER I think) this way you have a general Idea
The cost of living is way higher in Switzerland too. Switzerland is an exception in most things anyway, so that doesn't count.
@@TRJK in USA its also Higher than in most of europe.
The video says Europe and shows the EU flag (European Union). There is some inconsistency. For example.. Switzerland is more or less in the middle of Europe (the continent) but not a part of the EU (European Union)...
@@herrvorragend1043 The Flag is the Flag of Europe and the Symbol of the EU at the same time.
This guy: You can earn 70k as a doctor in Europe at the start of your career
Hungarian doctors: Just no 😳😳
Come to balkans, it might as well be 10k per year
My mom's a doctor in Hungary and she earns close to 45k. It's not as bad as it used to be just 2 years ago. They increased salaries by a lot. Although she's at the end of her career. She'd probably earn closer to 110-130k in let's say The Netherlands doing the same thing.
@@RonaiHenrik Is she working for a private clinic? no way she makes 45k in a public place
@@martonracz5800 public. She used to have private but not anymore. She does make around 40-45k (USD) net a year. Or around 1,3-1,4M HUF NET per month. I don't know the exact number. She has a lot of responsibility though :) So still around 1/3 of what it would be in The Netherlands for example.
@@RonaiHenrik you have to compare living costs and taxes. Her salary will increase 2x but so will other costs. Housing is a big problem rn in the netherlands, they're evicting farmers to build new housing so there is alot of tension now
“But does your happiness have any economic value?”
Certified America moment
Truth is that in denmark a newly educated doctor can easily be making 90k a year usd with benefits. And those benefits include a pension that is pretty damn good
Damn that 2 weeks of vacation is a real deal breaker 😂😂😂
So true
we here get 7 weeks soooo
2 million dollars or 2 weeks of christmas vacation. Your choice.
I get unlimited vacation days (discussable)
I can take 35 days off without anyone caring. After that I will need to discuss my days off (which are always granted)
All of these days are fully paid! Most Dutch employers do this
@@KimJisoo_LeftToeHair You have NEVER worked at a hospital clearly. Thankfully there are plenty of people in my feild so we can take vacations as long as it's one of us at a time.
The nurses GO TO WORK WITH INFECTIONS DESSIESS BECAUSE THEY CAN'T GET TIME OFF
I've seen some of your videos and from what I've seen, the message is to basically live paycheck to paycheck just to be rich by age 50, the average salary in America is around 50k to 60k (dont know the exact number) a year so that leaves around 25k to 30k just to live off of and tbh that's almost impossible in most places in the states
You know the take is bad when even someone with a confederate flag is saying it’s bad
I have lived in South America, Denmark and Switzerland. Free healthcare seems like a brag and it's free and all, but when you get an appointment for an emergency like cancer screening for months in the future because the lack of private hospitals saturates the public healthcare system even when paying 50% taxes. It is not that great. I prefer Switzerland and it's private insurance system far more
Okay, hear me out, we get rid of medical insurance companies, and we force collages to only charge for a slight profit
"Europeans can start med school - *which is free* -"
I fucking wish
Precisely this lol. Wish it was free though😂
depends where in europe some countries dont have it
It's free in Denmark, assuming you can get in, which you can't, but whatever
Nothing is “free” you just pay a lot more in taxes
@@HawksBeast I've never seen anyone go into debt over taxes though (aside from being caught for tax evasion of course).
I like how we've all just accepted his insane 50% investments (again, what exactly are we investing in?)
Obviously great picks like shib and doge /s
Yeah, like taxes and especially social contributions like health care or pensions don‘t exist. If a doctor in Germany decided to invest 50% of their pre tax salary they‘d be left with nothing to live off.
You invest in a globally diversified low-cost index fund like VT
Yeah, no one does that.
Especially when you want to have a life and not have kids.
I think he meant into banks or a personal retirement fund. Or just general investments house, car, stocks etc
It depends a lot where in Europe you become a doctor, in Switzerland you would get paid better, and in Serbia you wouldn’t even earn half
The point was who makes more money, so like.. and that basically means that the US doctor made more, so he won the "bet" they made so like..
Asian dad: "you tooked 32 years just to be a doctor? You're a failure, Timmy is already a doctor by the age of 5"
Start Truck driving at 18, save half.
80k * (32-18) /2 = $560,000 no investing
"And he had 8 and a half years of experience"
The Income of doctors heavily depends on each country cause in Germany you are at around 80.000€ and in Belgium at almost 180.000€ a year
...dont forget about East Europe 😭
That’s horrible
And Bulgaria around 20k a year
@@user-mf9wg6jq5f If you think 80 000EUR is 'horrible' then dont look at East Europe...
UK has a standard wait time of 90 minutes for heart attack patients. Free doesn’t mean better.
Meanwhile getting into Indian government colleges for a minimum of 100 dollars for five years and may be a few extra bucks for the whole process if you're really smart.
Work abroad and be rich.
But remember u gotta go in merit.
I‘m German and my neighbor is a doctor. She doesn’t only make 90k
She makes 500k a year as an anesthesiologist and invests a lot of her money in real estate
Pls do engineer amerika vs europe next. I think that would be interesting since it pays 50k a year in holland an 120k in amerika on average
Du norsk
@@hacked_pug3672 noo he is Dutch
America*
Holland is not a country it's a region it's the netherlands
@@gamerinminecraft5320holland is slang for netherlands
What you have to remember though is that the American doctor will have to deal with malpractice lawsuits even if he did everything possible and the lawsuit is obviously frivolous
I'm honestly happy to live in Europe so I can study (software development) with practically no risk
But you don’t make as much money plus they aren’t as good as they are in the US
Life is about taking risk maybe that’s why Europe is falling behind in innovation and all your geniuses are moving to USA.
lol software eng in Europe is dead end. In US, we do 2 hours a day and earn more than y'all, and I'm an immigrant.
@@axa3687alr and
Me : Wait I thought Europe was a place with different countries and different school fee
Yes you are right I think he is doing German as they have free college then it turn in to norway
Ya he thinks "Europe" is all the one place, med school is like 24k for 4 years where I'm from
Yea if he would have looked at a swiss doctors salary it would have been way different and he doesn‘t specify which kind of doctor because if he‘s a normal doctor without any expertise he would make about 250-300k a year but as a surgeon that would go up quite a lot and if we talk about a neurosurgeon it would be between 600-700k
In Germany a resident doctor makes around 3k a month, so 36k a year. 70k is a salary of an experienced resident or a young specialist (so after 5-6year of working). Source : I work as a 1-rst year resident in Germany.
@@zsaikox Switzerland seems dope. Don’t they have low taxes too?
“I’m richer”
“I’m not in America”
America better than Europe I've been to both kiddo
@@randomtherealgus7139
You'll understand when you're older bud
@@randomtherealgus7139 you’ve been to every single country in europe? europe isn’t one singular place, it’s a continent
@@fyreexe4121Europe as a whole is shit so no one really cares to visit
@@hecticlungs4308 33m people visited paris last year alone. if we look at other cities like barcelona, rome, berlin, london, etc you'll see a similar result. europe is far better than america in so many ways lol.
Guys btw in Finland in europe where I live the taxes are crazy tho services really good but the cost of living id cheaper than america
American doctors usually have more extensive training resulting in higher quality treatment. Comparatively they also tend to lack better bed manners, but that does not much affect the treatment. Note that this is generalization based on observation and statistics.
So it balances out just like most discrepancies between us and our brothers and sisters across the pond
If you live long enough. Not everyone lives to be old and then you’ve just sacrificed your life to schooling and debt.
I’d rather have less money and more time. Lest you end up with more money than you know what to do with your little time left.
@@EroticInferno Not really a sound argument, if you take out thousands upon thousands of dollars in debt and your first out of university position earns you more money than an European doctor, and you die at 40....well you still win. Debt don't mean squat when your worm food
@@Snuffalaffagas except, break an arm, there's more debt. Need medical care? More debt. No wonder you die at 40.
america:….
european strikes: wE deSeRvE mOrE pAy
Are we suppossed to apologise for not letting big daddy corporations walk on us like carpets?
Euros are worth more when converted to USD. Not a giant conversion, it’s about 9 more cents when converted from Euros to USD, but that still adds up.
I'm a med student in the UK and I had to pay for my tuition.
Its depends on situations, my debt isn't as bad as an American schools but I'll still probably be paying them off for 40 years.
Finished paying mine off in about 1.5 years in the US. 230k debt and starting salary of about 400k for reference.
Didn't "invest half" though lol
UK student loans get struck off the books after 30 years, even if they’re never paid back. Basically works like an extra tax on a paycheck rather than a classic loan
40 years? how bad do you think debt in the US is...?
40 years? What kind of job do you have that would take that long to pay student debt
@@edixonvc5101 they basically just tax you a little bit of your paycheck once you’re above a baseline amount, something like above £24,500. So you keep your earnings to that level (minus tax) then above that bracket, something like 10% of the rest of your earnings automatically goes to your student loan repayment. You can choose to pay more obviously, but if you’re earning £30K after tax, they’d only be taking £550 for that year. Since uni is £9.5K plus a maintenance loan of minimum £4.5k, per year, plus interest, £550 per year isn’t gonna pay that off.
These are ballpark guesses, specifically about uk student loans, so if you’re interested in the exact figures I’m sure Google can give a more well-rounded explanation than some rando Londoner
Healthcare has entered the chat 💀
Well some factors, he is taking the earning in raw, without thinking about extra costs, you would have to pay a lot in healthcare in US and that will drag how much money you have a lot while in most European countries you wouldn’t have to pay anything and on some small stuff maybe small amount around 10€-50€ on some vaccins, mostly the vaccine for the flu, but you don’t really need it but it’s something to consider when you get older to save the hassle of been really sick
Nah, the taxes were already subtracted
Obesity created the chat*
@@nyancatbeatcreature.3782 healthcare is usually provided by your employer. In this case the healthcare facility you work at will provide it for you and vaccines are always free especially for healthcare workers I don’t know why they make you guys pay. Pretty much every single insurance company will fully cover a flu vaccine or like 10 dollar copay.
@@nyancatbeatcreature.3782 I live in Europe amd pay about 20% of my salary for medical bills 😐 Noone of my medicines are fund by goverment and you need to wait about 2-3 for free appointment with doctor.
Also 10$ is more than my salary per hour so I dont consider it as 'small'....
“I’m richer”
“But I have a father”
they're both rich
but one is also happy
The low amount of holidays (let alone paid holidays) and the difficulty to actually use them are reasons for me to never consider working in the USA (I work for an American company so I have the option to temporarily or permanently relocate). While I love my job, I still work to live instead of the other way around.
I work in the US and I get more leave than I ever use. I usually sell two weeks back to the company every year because I just don't need it. Just because the government doesn't force employers to offer leave doesn't mean plenty of them don't anyway.
@@deb5392 lucky for you but your experience is radically different for millions, ***millions***
@@shronkler1994 what does your company offer if you were to relocate?
@@shronkler1994 millions in america are dumbasses who work as cashiers, remember america has 300 million people
If I invested half of my paycheck I’d be living on the streets
Well, in all fairness, he did win the contest; he is richer. Being happy was not a win condition for the contest
"lets see who is richer by 30 yrs old!"
"i failed the test"
Meanwhile Polish doctors:
Study in Europe
Fly away to USA
Fr why do people keep running away into the US. It's not any better 😂
(Got enough answers thank you)
that's because Poles are so "patriotic"
@@julianishere in poland doctors earning 10000zł=2253$
@@julianishere Because the pay is enormous combined with low taxes, and everything is much cheaper than in Europe.
@@julianishere cause you can just move to either to a midwestern state or a cheap southern state and receive a much higher salary and pay a lot less taxes
There's also the moral quandry of knowing people are dying around you because they can't afford to see you
Dw these wanna be rich sociopaths dont care about that.
Yes, bearing that moral quandry everyday can be quite exhausting, this defenitely emotionally more exhausting than most other jobs, hence it justifies a very high salary as compensation.
Not really, it's illegal to deny healthcare to a patient
@@shatterpointgames yeah but how many people refuse to get help because they dont have insurance?
@@guildingfire6216 IDK seems like people go to the doctor a lot. Generally, those with health issues buy insurance. Those who are healthy don't. There's no interest on health loans so a lot of people just never pay them back. I don't have insurance because at my age my risk of health issues is fairly low, I put the money into savings and have built a fairly large nest-egg which I will use later to pay for health issues out of pocket. If I have a major issue I'll just finance it and pay for it later with a 0% interest loan. America is what you make it, if you're dumb and lazy you'll suffer. If you're determined and hard-working you will be rewarded. It's the typical capitalism vs socialism debate there are certainly pros and cons to both structures. depending on the type of person you are you'll benefit from one more than the other. Personally, the higher risk/reward structure of the American Economy has really worked well for me. But people who were never taught how to survive certainly could benefit from more hand-holding.
Average cost for medical is more in the countries that take it in taxes.
I didn't spend anything this year in medical cost. But living in Canada I would have spent thousands. 20k < 10k a year.
To summarize:
A bet was made about who would be richer. The European lost, so he started listing off a bunch of things (some of which may not even be true) that are NOT what the bet was about.
Also, keep your 6 months of leave and 2 more weeks vacation. The American doctor will be able to retire 10+ years before the European
Invests half my paycheck, gets kicked out for not being able to pay for rent.
You can pull it off if you make more than 75k/yr
@@chris-rios make more money? Man, I never thought of that! Course I make close to 20-22k a year
College student?
@@chris-rios graduated, but the job hunt yield is lacking. Still at my first job. Almost got the job I wanted but covid came in and destroyed my chances. So now I just stock shelves. Oddly enough, I was a manager but took a step down just to get a pay raise. I would have had a nice pay raise had I gotten a promotion, but why pay someone who knows what they're doing when you pay someone who doesn't for less...and then have me teach them how to be the manager...jobs around my area are low wage jobs, jobs that require immense experience, and jobs that hire someone every month due to how shitty the company is. I could live happily for 5 more dollars an hour. I learned that a degree is worthless paper, that I'd be in the same place now except with more than double what I have now. So now I've come to accept the fact that I'm probably gonna stay with the same job, slowly move up the corporate ladder, live in a crummy apartment alone, and retire around 80.
That’s low even for a primary care physician in my area. That’s less than a dentist makes here as well. I work in the OR and the nuero/ortho, and even podiatrist makes over $1 mil a year. Their own practice vs a group can be different with their contracts etc. I routinely see $5 mil+ for surgeons. A bunch I know also went US military under reserve or guard contracts to avoid student loans, along with grants etc. You also forget that in Europe they take tests when they are in 8th grade to determine their career paths, trades etc. Stop misleading people. My management position as a BSN in Nursing makes over $150k a year without taking call. I have no debt and my degree was paid for by the hospital. Debt free isn’t hard if you plan it out. Write for grants/scholarships, choose a high demand career field. Your end up ahead and enjoy retirement comfortably if you take the time to plan it in your 20’s.
How much do the neuro and ortho surgeons make ??
@@Soumyadeep2705 not an ortho surgeon myself but my dad was one and made something around 700k a year
For every successful doctor in the states 9 other potential doctors didn't make it due to debt or drowning in depression
Remember Europeans get taxed MORE than Americans and not all Europeans get free education (a ton of people pay for ANY education in Europe) and A LOT of times students travel to cheaper European countries to get their doctor degree. Also in European doctors need to learn as MUCH as American (I think it was at least 8 years to be a doctor). So this is HIGHLY innaccurate. (Yes I’m European)
Finnish doctors be like:
We are happy and rich at same time
We can take long paid vacations and push all our work to Nurses
This is actualy true and there is nurses strike going on because they are too over worked and too low salary
I can give one example of known doctor that is still at "sick leave" almost a year because of "mental distress"
And that is ok in their mind
Sounds like the US as well
@@pasalking7760 Wrong
for no reason
Obviously Europe, that way I don’t have a chance of getting shot before I even finish med school
no just stab or beheaded depending of it's the british isles or continental europe
Well you could always trip and die since death by tripping is more likely than getting shot in 5he us
Stabbings and acid attacks moment
@@Miryks07 that's britain 🤣
@@Miryks07 you just played yourself as a uneducated American you think European just means British
Being a doctor in USA is much better
If you disagree you are not a doctor
My American therapist 🤬
It's just saying "come be a doctor in Europe because most of our doctors go abroad" 🤣🤣🤣🤣🤣🤪
Never graduated high school and make more than a doctor..... but I still need a doctor. don't chase the money chase a life worth living the money will naturally come but only if you are the best at what you do. People that pick a career for money are always the most miserable.
Taxes have entered the chat. Nothing in life is “free”
Yeah people forget that part
Oh, right. How many Americans go into debt over healthcare and education as compared to Europeans who go broke from taxes.
We pay more in "taxes" for those things too. They just go directly to private companies and are guised as "insurance".
Single payer efficiency are throwing emojis.what do you more than halve your healthcare system is working out who pays and having the most expensive drugs
He literally said that in the video are you deaf?
@@ilovecoffeev Security or autonomy? Do you want procedures on your time or theirs? Do you want specific health plans tailored to you and your family, or do you want the state to decide what needs to be prioritized?
You rather have a system that gives you security, money, free education, and no true mobility in the society, than the free, autonomous country you live in?
You may think these countries are free, and nice, but always remember, what the state provides, the state can also take away, look at freedom of speech, only if you say what is allowed by the country's taboos and legislation. I'm not talking about call to actions, I'm talking about misgendering people is a form of hate speech that would warrant a visit from police.
Be lucky, because if we lived the way you wanted, we would all be "happy" with our slavery, and not question our leaders.
I know this seem outlandish, but what you ask for only ends up one way, tyranny, and it seems nice at first to have things provided for you by the state, but over time it will deteriorate, and then you will be at the mercy of said state, because you rather get free shit than having control over your own life.
Think about it, or you can make it easier on yourself and watch "Brave New World," which would be an entertaining, and thoughtful experience.
Regardless, I wish you well, and have a wonderful rest of your day.
Let me remind a couple of things. Studying to be a doctor here in my country is not 4 years, is between 8 and 10. On the second place, let me remind you that health care in Europe is free, its logic that private doctora make way much more money than publica. Finally, let me also tell you that I crazily doubt there exist a public doctor who makes 150k a year
Thank you for putting norway in ❤🇳🇴
Helt enig🇳🇴🇳🇴🇳🇴🇳🇴
Samme her
Hvor er dere fra i borge
Norge
Norje
European doctor: "Also, I didn't become a doctor to get rich but because I care about helping people. Our system lets me help everyone who needs my help, not just those who can afford it."
Thats something extremely important: The american system attracts people that are mainly interested in the money. Putting them into debt makes sure that they will see it as absolutely necessary to get most money from their patients first. Later, when it wouldn't be thst necessary, they got used to it and they feel it is justified because they had to go through a lot of hardship to get there.
@@meingutername2158 no one will put themselves through 4 years of under grad 4 years of med school 3-7 years of residency plus a fellowship just for me money. Way too much work and delayed gratification just for a high salary. There are plenty of easier fields you can make to same or more in less time and stress.
It’s illegal to not treat a patient in America if they’re poor
2 things, Europe is a continent, every country is different. Second thing, after taxes EU is mostly at least 40% less than that and US unless you're in NY,Cali and such states income taxes are 5 to 10%
Not the Grey’s background 😭 Cristina and Dr. WebbER do be staring at me
100% sick pay is also a thing in norway the First year, and you are allowed to move your vacation days, so you dont have to use them when sick:)
Yup, Norway has been living the good lif3 for so long...1.5 birthrate for 30 years meaning no replacement generation and country of older people.
They can apply all the protection they need.
The question is how long will Norway be able to maintain their society, import and exports, manufacturing and security.
It's going to be one large retirement center at the end of this decade.
with a higher salary you can also easily afford to take more vacations. Also you can retire earlier and enjoy many more years of just living life.
a little bit more of a grind for a better future
This only works is investments actually pay off, going into a bad company is not smart and some people can’t see if something will payoff.
“The darker the night, the brighter the day…” This video explains that quote
The only day Americans see will be the light of heaven as they get shot in a supermarket 😂
2 mil more while living in a fucking shithole
Which jobs should I compare next?👀
Voice actor vs Live Action actor
@@kirbo22 👀👀
Game dev and a TV show director it would be interesting 👍
IT guy vs Engineer
NASA engineer vs space x engineer
I’d rather be a doctor in the US, you make 400k a year at any hospital, you can pay your loans off fairly quick, and make bank the rest of you life, healthcare workers don’t have 2 weeks vacation a year, it’s earned a set amount of hours per pay period you can acquire 100s of hours vacation time
(Lets be honest living in europe even poor is better than being rich in america not even mentioning just a gap in wages) Nowadays school shootings are the least worrisome thing happening in america right now 🤣
Time is money. That extra leave and paid parental leave is priceless
The parental leave is the only time you get to see your child, I'd rather be American so I don't have to put my child in a care facility because I'm not allowed to stay with them
@@prussiaball1871 i think you meant European
@@prussiaball1871 my guy what
@@thanasis-_- why would I have kids if I hate them?
looks like I’ll be enjoying that 2 weeks less vacation in my lamborghini
If you don’t get unwell or Jill yourself
And you don’t even have the time to drive it. Plus you’ll be 40 by the time you get the money.
Nope because u won't even finish med school. And good luck with Spending korę of your paycheck on things u dont have to worry about in europe
Good luck before getting shot 😃