Lately, I have been getting the question “is pharmacy school is worth it?” What does this exactly mean? There are two ways to look at this question. Either from a financial standpoint or career perspective. Personally, I tend to look at things at a financial perspective. I believe this has been ingrained into me growing up in a low-modest income family. We will examine both perspectives below in more detail:
See “Is Pharmacy Worth It? Part II”
Is Pharmacy School Worth it?
Financial Perspective: Going to college does not equal high paying job compared to the past. Today colleges are handing out diplomas for bachelors degrees as long as you pay your tuition. To be of any value to businesses you must have desirable skills or specialized knowledge. The major you choose will always have variable outcomes. However, some majors will give you a higher probability of employment, higher salaries, and career development opportunities.
First lets compare how long it would take before a pharmacist breaks even in net worth compared to a pharmacy technician. Continue reading
It is March and already my motivation to complete my goals for the year of 2015 has been waning. It is strange how I felt so much energy and motivation to be productive in January. Now 3 months into the year I find it extremely difficult to get everything completed. My energy overall seems to be declining each day. I have my up and down days. It can significantly affect how much work I can crank out (Example: only 2 blog posts were made for February and March is not looking so good either). Over the years I have found what works best for me to stay motivated. Here are my top 5 ways on:
How to Stay Motivated
Question from Reader:
“I am curious how you survived pharmacy school. Do you mind sharing the way that you study materials and how you digested all of the information? What is the best way to read pharmacy text books and master all the concepts? I read a pharmacology text book recently, and I felt like the more I read, the harder it was to understand. I couldnt figure out the main point that I needed to remember after completing the chapter. Thanks You.” – Tona
How to Study in Pharmacy School
Pharmacy school can be intimidating to a lot of students. A lot of information is thrown at you in a short amount of time. Each person will study differently and it may take a few tries before you find out what works best for you. Personally, I was one of those individuals that took longer to digest information. I had to spend lots of time at the library reading over my notes over and over trying to memorize information. I really envy those who have photographic memory. These gifted individuals study the night before exams and still score the highest in the class.
For the rest of us we must use different methods to help us memorize and understand the concepts better. Here are my Top 10 Tips for Studying in Pharmacy School: Continue reading
A common question that comes up:
“Does it Matter What Pharmacy School You Go To?”
Choosing a pharmacy school can be a difficult choice for many students. This choice for myself was not too difficult. I knew I wanted to stay close to home where all my family and friends lived. The other variable I was considering was the location I would be practicing as a pharmacist. This was important for networking in the area to get a job after graduation. Thus, I chose to apply to both of the pharmacy schools in the state of Washington.
To answer the question, yes, it does matter what pharmacy school you go to. Here are the top 4 reasons why it matters what pharmacy school you go to: Continue reading
Many people strive to make a six figure salary. This obviously should not be your #1 reason for becoming a pharmacist. I believe you should be passionate about what you do, however, it should be something that pays well too. People will always tell you to “follow your passion” and not worry about the $$$ involved. “Money is not important, money does not buy happiness”. I think this is ideological advice that will bite you in the ass. Those who have an inheritance from their parents/family are the only ones that can afford to truly follow their passion without worrying about how much money they are going to make.
Growing up in a modest income family, I learned to work hard and be conscious about earning and spending money. I will not inherit any assets, in fact, I will be the provider for my family in the end. I have accepted the role of being financially responsible for my parents when they are not able to support themselves anymore. In addition, I will always be there if my brother needs financial help. Without proper management of my finances I would be unable to do this. Thus it was important to me to also consider salary when choosing a career to pursue.
As a high school student I never thought I would make a six figure salary. I grew up in a family of 4 with my parents only making about $40k per year. My goal in high school was to make at least $50,000 per year after college. I far exceeded this goal. Now I have new goals to be financially independent by the age of 40. If everything works out my goal is to scale back to 16-24 hours a week. I may have to work full time past my goal, as I suspect my parents will need my assistance in the future.
What is the Pharmacist Take Home Salary?
I have been asked numerous times by friends, family, YouTube and the readers of this blog:
“How Hard is Pharmacy School?”
Unfortunately, there is no straight forward answer to this question. It can depend on so many factors. Often times I will give people a short and quick answer that it just depends on the person going to pharmacy school. Let’s take a close look and analyze this topic more in depth: Continue reading