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!
- Live within your means – this could mean living like a registrar especially when you become a new consultant.
- 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
- Seek professional financial advice regularly (unless you are an expert!)