March 5th, 2018
For medical professionals, managing debt is essential. At different stages of your career, income and expenses can fluctuate quite a bit, so it’s important to consider how a doctor’s career can differ from the average. Whether you’re just starting out and have educational debts, or are starting or expanding your own practice, and want to […]
Continue readingJune 19th, 2017
Are you a GP or specialist thinking about setting up your own medical practice? Taking the next step into independent practice enables you to achieve your lifestyle and wealth-building goals. However, making the leap from employment to running your own business can be daunting, and you’ll want to make sure you’re ready and supported […]
Continue readingAugust 17th, 2015
As a medical professional, there are a number of savings that might be on offer to you from some of the major financial institutions in Australia. While this is not common knowledge, it is definitely something that is worth looking into as you could experience significant savings compared to standard loan and mortgage offerings that […]
Continue readingJanuary 16th, 2014
Welcome to 2014! The start of a new year is often seen as a chance to start afresh. For 2014, why not start a resolution to stop rushing things and completing them a few days before the deadline and start planning ahead. Having a proper financial plan helps you to ensure that your financial future […]
Continue readingNovember 26th, 2013
It is a common thought that we need to avoid debt, or pay off any debt we have as fast as possible. That is good, solid, but conservative advice. Why conservative? Because you may be able to grow your financial assets faster by using what we call “good” debt. Let’s explain this: Good Debts vs […]
Continue readingOctober 23rd, 2013
Debt can be a wonderful slave but an unforgiving master. Australia, in common with many western countries, has an extraordinarily high level of consumer debt. The number of new credit card accounts opened in the 12 months prior to December 2012 increased by 210,000. But the scariest figure is the accruing interest on credit cards […]
Continue readingMarch 4th, 2013
Financial planners are often the first port of call for doctors that are seeking advice on investing a lump sum of money. However, that is just the tip of the iceberg. A professional medical financial adviser has the knowledge and skills to help you achieve your goals and objectives by tailoring strategies to specifically address […]
Continue readingOctober 22nd, 2012
There is a lot of hype in the market for finance at the moment. Why? Because fixed rates are at a 20 year low. See the graph below in regard to 3 year fixed rates and the path they have taken over the last 2 decades. This of course has led to a great deal […]
Continue readingFebruary 2nd, 2012
Being a GP is an opportunity to access one of the most stable incomes in the medical world and perhaps even the whole professional world. There is a range of incomes within general practice, with procedural GP’s (e.g. those who do anaesthetics, obstetric care, minor ops, skin cancer work) having access to increased financial rewards […]
Continue readingFebruary 2nd, 2012
With limited exception, a meeting with a financial planner will always involve a discussion around the risk profile of the client. This usually takes the form of several structured question to determine the client’s perception of how they view investment ‘risk’ and how volatility in their investments might impact their emotions and decisions. An aggressive […]
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