Dentistry or Finance?

I’ve been thinking of what path I wanna take and I wanna hear what u guys have to say. Dentists make great money and have great work life balance and ur surrounded by pretty chill dudes. I’ve never been a huge fan of science but I wouldn’t have a problem going into it. I’ve always liked math more but from what I heard the work life balance for finance sucks, work is usually boring, and the ppl u interact with suck. What should I do?

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Go visit dentaltown.  Read about all the concerns and direction dentistry is going (its taking all its cues from medicine)  

-decreased reimbursements, increased material costs, staffing shortages, debt burden from school, corporate /DSO, life long liability, strict oversight and regulations. 

Then if you’re still into dental, look at the cost of 4 years of dental school (400k+  Plus 4 years lost earnings.)  

Theres nothing chill or balanced about medicine or dentistry.  If you don’t own, you dont make money(Associate dentists make 100-400k and the lower end is all thats offered in the places you want to live and work), if you own and specialize, you can make some bank(low 7 fig annually ) but its not chill and not fast to get there.

you’re always thinking about money and time in medicine and dentistry.    Hourly production/patient targets  overhead is 50-65%(then you pay 40-50% tax on your 35-50%….…   Say  you produce 1k before lunch on a slow day, but your staffing costs are north of 300 an hour..

hygiene 2@80, 

hygiene asst 35 ,

Chairside  asst 2@35 ,

1 insurance/biller 30 ,

1 front desk 30 ,

Plus other contractor services (waste, cleaning, biohazard, equip maintenance,  .. You lost money but you’ll make it up later in the day.  Oh the big case in the afternoon you blocked off 3 hours for? They had something come up and canceled last minute.  Congratulations, you paid thousands of dollars to show up to work today.

Theres no easy money.  The easiest money is do what you have a natural inclination and talent for and that your personality allows you to eat the shit that comes with that particular career path. 

 

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