Is your financial safety net complete? Join this webinar on June 3rd at 7pm with expert speaker Mike Harms. Register here.

Navigating Financial Protection in the Face of Adversity: A Personal Journey

In this episode, Tommy shares his personal ordeal of a severe hand injury that temporarily sidelined his medical career. Through this deeply personal narrative, he stresses the importance of financial planning, specifically how his carefully tailored protection plans, including sick pay, income protection, emergency funds, and life insurance, provided a crucial safety net. Tommy also highlights the importance of reviewing partnership agreements and the role of wills and power of attorney in ensuring financial security. Expert financial advisor Mike Harms joins to provide comprehensive insights into these financial strategies. This episode underscores the significant peace of mind that effective financial planning can offer, even in the face of unexpected life-altering events.

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Disclaimer:

The information provided in this content is for educational and informational purposes only and does not constitute financial advice. You should not rely on this content as a substitute for professional advice tailored to your specific financial situation. The value of your investments can go down as well as up. Past performance is not indicative of future results.

The Allure of Dubai's Real Estate Market with Dr. Malek

In this episode of the Medics Money podcast, Cyra speaks with Dr. Jasmin Malek, a GP and seasoned real estate investor based in Dubai. Dr. Malek provides insights into her journey of investing in Dubai's property market, emphasizing the benefits of off-plan investments and the rapid returns facilitated by the city's continuous development. She discusses the security measures in place, including escrow accounts to safeguard investments. Additionally, Dr. Malek offers guidance for those interested in starting their property investment journey in Dubai and highlights the potential for obtaining residency visas through property investments. Listeners are encouraged to reach out via Instagram for personalised advice.

00:00 Welcome to Medics' Money Podcast

00:29 Meet Dr. Jasmin Malek: GP and Real Estate Investor

01:04 The Allure of Dubai's Real Estate Market

02:14 The Process of Off-Plan Investing

03:55 The Financial Benefits of Investing in Dubai

06:12 Ensuring Investment Security in Dubai

07:42 Getting Started with Property Investment in Dubai

08:43 Connect with Dr. Jasmin Malek

09:13 Conclusion and Farewell

Transform your finances in just EIGHT weeks! https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

Financial Well-being Tips for International Medical Graduates: Insights from Dr. Agne Meškauskienė In this episode of the MedicsMoney podcast, Dr. Agne Meškauskienėshares insights from her financial journey, enhanced by the Medics Money financial wellbeing course. Topics discussed include challenges and comparisons of working as a doctor in the UK vs Lithuania, understanding and valuing the NHS pension, essential budgeting techniques, and tips for managing debt and income protection. Dr. Agne also discusses her personal experiences with investing and the importance of financial planning for future flexibility and security. The podcast aims to help medical professionals better understand their finances and plan for a secure future.

00:00 Introduction and Overview

00:11 Challenges of International Medical Graduates

00:25 Understanding the NHS Pension

00:38 Budgeting and Financial Management

00:56 Course Information and Application

02:04 Guest Introduction: Dr. Agne Meškauskienė

02:19 Journey to the UK and Professional Differences

05:24 Financial Beginnings and NHS Pension Insights

08:50 MedicsMoney Course Experience

10:06 Investment Strategies and Behaviors

16:11 Future Financial and Career Plans

19:43 Conclusion and Final Thoughts

Resident Doctors, GP Funding, and Tax Trivia: Medics Money Podcast Episode In this Multidisciplinary Team (MDT) Medics' Money podcast episode, resident doctors voice frustrations regarding pay and working conditions, leading to discussions of potential industrial action. Dr. Cyra Mackintosh shares her personal experience with stressful specialty applications and her upcoming move for a histopathology training post. The episode also features contributions from specialist medical accountant Andy Pow and Dr. Ed Cantelo, who highlight major issues in GP funding, discrepancies in government financial support, and unravel the recent news surrounding VAT on Premium Bonds and trade agreements.

An entertaining segment dives into VAT trivia, emphasising premium bond efficacy and the implications of NAO and McCloud pension judgments on doctors' finances.

00:00 Introduction and Frustrations with the Government

01:08 Welcome to the Medics Money Podcast

01:32 Dr. Cyra Mackintosh's Exciting News

04:51 Discussion on Resident Doctors' Strike

15:43 Tax Trivia: VAT on Food and Medical Procedures

25:47 Pensions and McCloud Judgment Updates

27:59 Tax Refund Adjustments and Annual Allowance Charges

28:44 The Impact of Annual Allowance Tax on Doctors

30:03 Self-Identification for Annual Allowance Tax Refunds

31:11 Medics Money: Connecting Doctors to Specialist Advisors

32:57 UK-India Trade Agreement and National Insurance Exemptions

37:22 GP Funding and Contract Issues

46:07 Premium Bonds: Not an Investment

49:26 AISMA Conference and Final Thoughts

Fix your finances FAST: https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

In this episode of the Medics Money podcast, Dr. Rasha shares her journey into the field of palliative medicine and her experiences with financial education. She discusses her career choice, the importance of role models, and her lack of financial teachings in medical school. Rasha also opens up about her challenges and learnings regarding savings, investments, and tax efficiency. She explains how the Medics' Money Financial Wellbeing course helped her make informed financial decisions, covering topics like tax, pensions, and investments. Additionally, she reflects on her approach to teaching financial lessons to her children and plans for future financial security. This episode provides valuable insights and practical advice for healthcare professionals looking to improve their financial literacy.

00:00 Introduction and Early Financial Lessons

00:35 Guest Introduction

01:14 Career Path in Palliative Medicine

05:27 Early Financial Experiences and Lessons

07:37 Navigating Credit Cards and Investments

14:06 Discovering Medics Money and Financial Wellbeing Course

16:14 Key Learnings from the Financial Wellbeing Course

21:30 Future Financial Plans and Family Education

28:57 Conclusion and Final Thoughts

The Unexpected Benefits of a Declining Stock Market: A Doctor's Perspective

In this episode of the Medics' Money podcast, the host welcomes Dr. Simone Bruschi, an ophthalmology consultant, to discuss his intriguing view on market trends and investing. Simone shares his journey from being a self-taught investor to advocating for a long-term, globally diversified index fund strategy. They discuss why a declining market can be advantageous for regular, long-term investors. The conversation also delves into the psychological aspects of investing, the importance of automated investing, and the impact of personal finance education for doctors. Listeners will gain insights into why traditional market timing is challenging and how a disciplined, low-emotion approach to investing can yield significant benefits over time.

00:00 Introduction and Guest Welcome

01:57 Background on the YouTube Comment

02:47 Discussion on Market Timing and Investment Strategies

03:30 Simone's Perspective on Market Trends

09:13 Investment Strategies and Personal Experiences

19:03 Goals and Financial Planning

24:19 Final Thoughts and Conclusion

In this episode of our MDT (Multidisciplinary Team) podcast series, we delve into several pressing topics. We start with an update on the takeover of NHS property by a US private equity firm and what this means for the healthcare system. We then explore the global economic implications of US tariffs, particularly how they are impacting bonds and creating volatility in the market. Our economics experts also put forward their views on the theory of 'taxing wealth not work' as proposed by Gary Stevenson. Wrapping up, we discuss the ongoing NHS pension crisis, including a notable case where a doctor received compensation for pension maladministration and the latest delays in issuing pension saving statements due to the McCloud judgment. Join us as we unpack these complex issues and more

Want the latest financial tips for doctors and exclusive invites? Join 64,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/

Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com

Want to improve your finances fast? Then come on our course

https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

GP partner looking to improve your practice/ Then come on our course

https://www.medicsmoney.co.uk/gp-partnership-programme/

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Disclaimer:

The information provided in this content is for educational and informational purposes only and does not constitute financial advice. You should not rely on this content as a substitute for professional advice tailored to your specific financial situation. The value of your investments can go down as well as up. Past performance is not indicative of future results.

Want to improve your finances fast? Then come on our course

https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

In this episode of the Medics' Money podcast, the host welcomes Dr. Edmund Jack to discuss his financial journey and share valuable tips for fellow doctors. Approaching 1.4 million downloads, the podcast has been helping healthcare professionals improve their financial wellbeing. Dr. Jack, a GP from Devon, talks about his diverse career and the phases of his financial life, from debt accumulation to investment strategies. He highlights the importance of a structured approach to finances and the benefits of the Medics' Money Financial Wellbeing course. Key topics include sensible investing strategies, whether to pay off the mortgage or invest, and the psychological aspects of finance. Dr. Jack emphasizes the significance of having a clear financial plan, automating investments, and the long-term benefits of a diversified portfolio. Listeners also get insights into the ongoing debate about active vs. passive investing and tips for those just starting their financial journey.

00:00 Introduction and Podcast Milestone

01:53 Guest Introduction: Dr. Edmund Jack

02:13 Dr. Jack's Financial Journey

05:14 Discovering MedicsMoney

12:39 Key Learnings from the Financial Wellbeing Course

16:55 Investment Strategies: Active vs. Passive

31:30 Final Thoughts and Tips for Beginners

34:28 Conclusion and Upcoming Events

Want the latest financial tips for doctors and exclusive invites? Join 64,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/

Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com

GP partner looking to improve your practice/ Then come on our course

https://www.medicsmoney.co.uk/gp-partnership-programme/

Follow us on Instagram

Follow us on Twitter

Disclaimer:

The information provided in this content is for educational and informational purposes only and does not constitute financial advice. You should not rely on this content as a substitute for professional advice tailored to your specific financial situation. The value of your investments can go down as well as up. Past performance is not indicative of future results.

https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/

In this episode of the Medics' Money podcast, hosts welcome Dr. Kate Rothwell, a haematology consultant, who shares her experiences from the Medics' Money Financial Wellbeing course. The discussion covers practical financial tips, including dealing with misallocated back pay and tax traps, and the significance of knowing when and how income should be taxed. Dr. Rothwell recounts battling payroll issues and the importance of proactively managing one's finances, especially regarding pensions and investment strategies. The episode emphasizes the value of collective knowledge and persistence in handling financial matters, highlighting stories of errors corrected and financial knowledge gained. Listeners are encouraged to openly discuss and manage their finances to make informed decisions, leveraging resources like Medics' Money to navigate their financial journeys effectively.

00:00 Introduction and Overview

00:16 Back Pay Issues and Tax Traps

00:40 Pensions Taxation Explained

00:46 Investing Mindset and Tips

00:53 Impact of Financial Wellbeing

01:58 Guest Introduction: Dr. Kate Rothwell

02:46 Personal Financial Journey

05:25 Navigating Tax Challenges

18:00 Persistence with HMRC

23:42 Investing and Financial Planning

28:05 The Importance of Financial Knowledge

42:02 Conclusion and Final Thoughts

https://findapprenticeshiptraining.apprenticeships.education.gov.uk/courses/471?location=London%20Fields,%20Greater%20London

Pre-registration trainee pharmacy technician (PTPT) | NHS England | Workforce, training and education

Funding for foundation training in 2025/26 | NHS England | Workforce, training and education

In this episode, Tommy welcomes Gopal Ladva, a pharmacist partner, to discuss his unique role and his journey to partnership in general practice. Gopal shares valuable insights on optimizing the utilization of pharmacists in a GP setting, including his innovative approaches to electronic repeat dispensing, triage systems, and apprenticeship schemes. He emphasizes the importance of understanding finances in general practice, the value of community and knowledge sharing, and the significant impact of collaborative work. The conversation highlights the transformative benefits of integrating pharmacy expertise into general practices for improved patient care and efficiency.

00:00 Introduction and Guest Welcome

01:30 Journey to Becoming a Pharmacist Partner

02:38 Roles and Responsibilities of a Pharmacist Partner

04:22 Innovative Apprenticeship Programs

07:29 Implementing Effective Practice Strategies

11:57 The Importance of Triage in General Practice

17:36 Efficiency Through Electronic Repeat Dispensing

21:13 Reflections on Partnership and Financial Insights

25:23 Conclusion and Final Thoughts