In this week’s episode Tommy and Ed guide you on how to pick the side hustle that works best for you. We'll discuss whether you should start your own business, focus on locum work, or invest your time and money somewhere else. It's great to consider passive income, as well as diversifying your income sources, and making the most out of your pay as a doctor. We will also discuss whether doing locum shifts is worth it as a doctor! 

SIDE HUSTLES PART 1 AND 2:

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Ed and Andy take you through everything you need to know for the Autumn Statement that Jeremy Hunt unveiled yesterday.

Submit one thing you’ve learned from the Medics’ Money Podcast HERE —> www.medicsmoney.co.uk/1million 

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Music credit: MetzMusic on YouTube.

This week, Tommy is joined by Mike Harms, from Medical and General Independent Financial Advisors and Mortgagesfordoctors.com, to dive deep into the current economic landscape on our podcast. They unpack the intricacies of interest rates, exploring their present status and what experts foresee in the future. The conversation extends to the American economy, dissecting its correlation with interest rates and how this directly impacts investments. Understanding why investment returns might appear stagnant becomes a focal point, accompanied by insights into plausible scenarios and expectations. Bonds take the spotlight as the discussion delves into their relevance within the market, offering valuable insights for investors, mortgage holders, and those keen on understanding the economic pulse. Tune in for an episode tailored to anyone invested in the economy or seeking to comprehend its nuances.

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Medics' Money Triage aims to give you bite-sized popular topics from our main episodes, hosted by me, Matthew! 

Original Episode: https://www.medicsmoney.co.uk/ep-179-financial-tips-for-img-doctors-salary-payslip-tax-nhs-pension-and-visas/

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Want to stay up to date with the latest financial information for doctors?

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Music credit: MetzMusic on YouTube.

Tommy is joined by Dennis Hall of The Century Plan podcast and Yellowtail IFA to talk all about small self-administered pension schemes!

Want to stay up to date with the latest financial information for doctors?

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Music credit: MetzMusic on YouTube.

Medics' Money Triage aims to give you bite-sized popular topics from our main episodes, hosted by me, Matthew! 

Subscribe to our YouTube:

 https://www.youtube.com/@MedicsMoney

Want to stay up to date with the latest financial information for doctors?

Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here

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Music credit: MetzMusic on YouTube.

In this episode of the Medic Money Podcast, Tommy is joined by special guest Dennis Hall from Yellow Tail Financial Planning. They delve into the world of investing, exploring the distinctions between active and passive investment strategies and why healthcare professionals may lean towards one approach over the other. The discussion also shines a light on the essentials of financial planning, unraveling the financial planning process, and the vital role played by financial advisors. Tune in to gain insights and clarity on financial advice and its significance in your financial journey.

Want to stay up to date with the latest financial information for doctors? Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/

Medics' Money Triage aims to give you bite-sized popular topics from our main episodes, hosted by me, Matthew! 

Original Episode: https://www.youtube.com/watch?v=ns8OahsHAOc

Subscribe to our YouTube:

 https://www.youtube.com/@MedicsMoney

Want to stay up to date with the latest financial information for doctors?

Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here

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Music credit: MetzMusic on YouTube.

This episode is a conversation between Tommy, Anna Marie Burke, and Morag Miller from Armstrong Watson Specialist Medical Accountants. They discuss the topic of tax returns for doctors and introduce a new software called Tax for Doctors that helps doctors easily fill in and submit their tax returns. They also provide information on who needs to submit a tax return, allowable expenses for doctors, and the benefits of submitting the tax return early.

Tax For Doctors: https://www.armstrongwatson.co.uk/sec...

Want to stay up to date with the latest financial information for doctors? Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/

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In this week's episode, Ed and Tommy go through everything you need to know about Capital Gains Tax and the intriguing world of tax loopholes. Join us as we delve into the realm of fast cars, luxury watches, houses, and the art of wasting chattels to uncover the secrets and strategies of savvy investors.

Want to stay up to date with the latest financial information for doctors? Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here: https://www.medicsmoney.co.uk/ebook/