Uh uh... don't forget about my money
I'm sorry what's that? Yeah yeah I forgot to tell you... he's got some... he's got some
MY MONEY. I got a couple mil coming in like a week. When
it gets here I'll give you a call and you come pick it up
You'll give me a call?
Well we don't work for you man!
Hey what's up guys, my name is John and I'm an emergency medicine
physician assistant and in today's video I'm going to share with you guys my paycheck. My real deal
paycheck. So I get paid bi-weekly and I'm going to share with you guys, at my current job for 2020,
how much money do I make in a paycheck. And I'm going to share with you guys how much money in
taxes and all that type of stuff I spend. As you can see I have it right here with enough things
crossed out that it resembles almost a classified CIA document. I'm even going to
share with you guys a few of my past paychecks just the, you know, gross amounts that I made.
And if you guys can just take a millisecond and hit that "like button" down below
it really helps my channel out it really helps us get seen by a lot more people on YouTube.
Now if you follow my channel you know that I make a lot of videos on PA salaries and how much money
PAs make. I feel like it's important to say that I'm not making this video in an effort to gloat
or brag about how much money I make it's more for informational purposes, right? There are people
out there looking for this type of information. I'm trying to become a resource for people looking
into the Physician Assistant profession and so I feel like a video like this is very important
to make. Keep in mind that, your salary as a Physician Assistant is heavily dependent on
what area you work in and what specialty you practice and all the little nuances
like overtime or if you're on call etc. etc. which ultimately contribute to your PA salary.
Specialties like orthopedic surgery, emergency medicine, trauma, ICU (critical care) will pay
more money than family medicine or pediatrics, for instance. Likewise, if you take a rural job
in Alaska you'll probably get paid way more than if you take a job in the northeast United States,
which is where I am. I'm currently in Pennsylvania. I also want to say that
this is but my salary, right. There's a lot of PAs out there making more money than I do and
then there's also some PAs out there making less money than I do. I have two years of emergency
medicine experience currently under my belt. The paycheck that I'm sharing with you guys today has
no overtime on it. It doesn't have my yearly bonus which can be up to ten thousand dollars a year and
this is my first job right out of PA school. So let's get started, from one of my recent paychecks
it says that I have grossed... So grossed is the amount of money I made in total before taxes
or any deductions my paycheck was four thousand six hundred seventy six dollars and eighty cents
of which I paid twelve hundred seventy two dollars in taxes I had 469 dollars essentially deducted
from my paycheck into a 401k I have set my 401k contribution to be 10% of my gross salary so
what happens is I get my paycheck. My employer automatically takes out
10 percent before any taxes or anything touches that amount of money. They set
it aside into my investment account. There is a 401k match so my employer will match
that 10% up to a certain value so after taxes come out that leaves me with a net pay on this paycheck
of 2935 dollars and 22 cents in terms of taxes I paid 707 dollars towards federal income tax
$67.81 cents towards employee medicare 289 dollars towards social security 143
towards PA state income tax it looks like I paid 60 taxes towards my local city government. So,
I'm also going to share with you guys a few of my past paychecks here they are. For instance,
if I earn 5400 then my job will deduct the 401k they'll deduct any student loan payments that
they're also contributing and the deduct taxes and then I get to my net amount of money left
over so as you can see from my prior paychecks I'm getting anywhere from 2.5 to 3.5 thousand dollars
a paycheck to kind of work with and keep in mind that I'm paid bi-weekly so every other
week I get a paycheck. And my gross kind of monthly salary really depends and fluctuates
because I'm paid hourly so at times before the pandemic was going on i would be grossing 10,
11, $12,000 in a month that doesn't mean that I'm taking home twelve thousand dollars to use however
I want it means that this is how much money I would earn the amount of money I'm earning
for my age puts me in the top five ten percent of salaries in the United States so
I'm not making this video in an effort to gloat or brag. I'm not making this
video in an effort to gloat or brag. I'm not make-make-make-making this video in an effort to
How it works is my first paycheck is enough money to cover my rent, my utilities, my gas,
my car note, my groceries, and my... you know... basic needs. Getting haircuts,
if I need to go buy clothes... what have you. And then the second paycheck in the month,
or third if it's a three paycheck month, I have formally dubbed the party paycheck. And you know
what? Everybody deserves a party paycheck. Party paycheck doesn't mean that I blow all of my money
on bottle service in Monaco accompanied by two fashion models in my red Ferrari,
heading down to my yacht. It actually just means that I now get another paycheck filled with money
that I can allocate to wherever I want it to go or to whatever I want to do with it, right?
So whether that means I'm saving more money into a down payment of a house or a vacation, I'm
throwing money into Robinhood for some stocks and investments, I'm going out to eat with friends,
I'm buying concert tickets, what have you. Anything. I get to actually decide where do i want
my money to go and how do I want to utilize it to best achieve my goals and I really think that it's
important that you guys out there budget where every dollar is going so whether that means you're
using excel you're using Mint or you're using kind of what I like to use which is YNAB or "You Need A
Budget." The thing about being a PA and the thing about doing medicine is that you don't necessarily
do it for the money money should not be your first motivator in joining a healthcare profession. If
you want to make a ton of money there's a whole bunch of other careers out there that you can do
to be swimming and money with less time effort and schooling to get there. And once again, the amount
of money PAs are making being a PA allows you to do something that you enjoy which is health care
while also being compensated appropriately for the amount of effort and work and schooling that goes
into it and you also earn enough money to sustain yourself or support a family in the United States.
You open up the world and you give yourself more options, and you give yourself more freedom. Guys,
I hope this video helped; I hope it better illustrated how much money a Physician Assistant
makes, this is how much money I make on one of my paychecks. If you have any questions or comments
leave them down below. I'd love to hear them. If you like videos like PA salaries or how much money
PAs make subscribe to my channel I'm also talking about pre-PA stuff and how to become a Physician
Assistant on my YouTube channel if you want you can DM me or follow me on instagram I share photos
and stories on the lifestyle of a PA. Lastly guys, stay safe out there. Have a great day. Bye.
you