Best Side Income for Doctors: Educational, Clinical, Non-Medical, and Investment Options

Physician Side Gigs

Part 1: Introduction

Student loans, rent, car note, insurance, phone – it often can seem as though the bills are stacking up against a limited resident salary. Based on Medscape’s Residents Salary and Debt Report 2021, the average resident salary is approximately $64,000. Now, NerdWallet reports an average medical school loan debt of $201,490 and with a 10-year repayment plan, this would equate to a monthly payment of nearly $2,300. With all of this broken down, you may be scrambling for extra change. Here are some ideas for physician side gigs amidst increased outgoing bills: 

Part 2: Educational Side Hustles

Motivate MD

Motivate MD 

Consultant opportunities such as application essay editing, interview prep, and advising for companies like Motivate MD can offer flexible schedules for supplemental income. With Motivate MD you can work with both pre-medical and medical students for medical school and residency applications. Take 5-10 minutes to fill out the application here.

Mentorship/Instructing Students 

Many medical schools and colleges offer positions for residents and attending physicians to instruct medical students in their basic science coursework. This can allow an opportunity for you to refresh your own knowledge in topics while enhancing the education of others. Check with individual universities and colleges in your area to inquire further about this. 


Many physicians have documented their journeys via YouTube videos. Have a story you want to share with others? Consider vlogging! 


  • Blogs
  • Medical textbook contributions
  • Research journal editing

Part 3: Clinical Side Hustles

Clinical Physician Side Gigs
Telemedicine Physician Side Gig
Pharmaceutical reviews Doctor Side Gig
  • Moonlighting
  • Pharmaceutical reviews 
  • Telemedicine consults 
  • Administration work

Part 4: Non-Medical Side Hustles

Dog Walking
Food Delivery

Pet Services – Rover, Wag

Are you a pet-lover? You might consider opening your home to visiting dogs for boarding or doing drop-in visits as well as house-sitting at clients’ homes.

Food Delivery – DoorDash, GrubHub, UberEats

If you have a reliable means of transportation, delivering food a few nights a week might be a simple way to earn extra cash, especially during increased popularity of food delivery services following the COVID-19 pandemic.

Transportation – Uber, Lyft

Similar to opportunities delivering food, having a reliable car might open opportunities to transport others around, depending on your location. If you have a passion for meeting new people and driving around the city – this might be the side hustle for you!

Rent a Room/Home – AirBnB, VRBO

Is hospitality in your genes? If you have an extra room or guest house where you would be willing to host guests, this can be an easy opportunity to rake in extra money as a resident or physician.

Part 5: Investment Side Hustles

Investing in stocks – Robinhood, E*TRADE

While there may certainly be fluctuations in stock, there can also be significant profit! Check out the various sites like E-Trade and Robinhood that offer tutorials and learning material to get started, even if you are a new investor. 

Real Estate 

With increased income, you might consider purchasing another home as a rental for long-term tenants to bring in additional income.

Whatever side gig you consider taking on, remember to balance your priorities as well as take time for self-care. Additional income can certainly offset an increased debt to income ratio, though this should not be at the expense of your happiness and well-being!

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