Financial spoke

This spoke covers some basic financial health considerations for all doctors. This information is general and is of course not intended to be considered financial advice! 

Executive summary

  1. Live within your means – this could mean living like a registrar especially when you become a new consultant.
  2. Extras are important – private indemnity insurance (i.e. membership of a medical defence organisation such as MDA National or Avant); income protection insurance; salary packaging and sacrificing
  3. Seek professional financial advice regularly (unless you are an expert!)

The financial spoke post from 2018 wellness week

The financial spoke trainee perspective from 2018 wellness week


Wellness Wheel