![Ep #117: Turning Hobbies Into Tax Savings - podcast episode cover](https://static.libsyn.com/p/assets/d/7/0/6/d706d32a1fe04a2ee5bbc093207a2619/Money-Talk-for-ER-Docs.jpg)
Episode description
It’s no secret the demands of being an ER Doc. With that, it’s not going to be unusual or uncommon for there to be difficult days in the workplace. To help manage that stress, cultivating hobbies and activities which bring enjoyment and fulfillment outside of work can be necessary to keep physicians from becoming patients themselves.
But what if these “hobbies” can yield tremendous tax savings on top of the mental perks? It’s something billionaires have been doing for years – can ER Docs do it too? We’ll discuss this and the common tax-advantaged ventures we see ER Docs partake in on today’s episode.