About Aussie Doc Freedom…
This blog is written by an Australian specialist doctor, getting serious about investing since 2017. I work part-time and am a full-time parent of two little boys. Aussie doc freedom will remain anonymous, because talking about money is taboo, in the medical world perhaps even more so.
With the option of anonymity, social media has encouraged people to start sharing their financial disasters. Bad financial decisions often start with a free pen at a medical school or postgraduate training event! So many colleagues get ripped off, make poorly thought out financial decisions, and take terrible advice.
Others unconsciously splash the cash for decades but are left counting the days until they can access super. And then, occasionally you meet a doctor who seems to make conscious decisions. These take months off work to travel despite a resident wage and already live the exact life they desire.
I have no financial qualifications, and offer no advice apart from making conscious decisions with your money, educate yourself, and be very careful who you take advice from!
I am also not a financial saint, who has been saving and investing since my first job. I have always been a good saver.. in order to spend lavishly on travel and experiences. On returning from extended travel in 2017, in my late thirties, I realised I had a bit of financial catching up to do. I wanted to get on track for an earlyish retirement (at 55) whilst living my ideal life. The period that has followed has been a deep dive into all things finance and investing.
This blog will publish regular posts, around topics I’ve learned and found useful along the way. Often, I wish I had known many of these ten years earlier. You can make a big difference to your financial future, even if not yet earning much. The secrets are consistently spending less than you earn, investing the difference, making carefully thought out decisions and avoid getting ripped off.
I will lay out my deliberations when making my investment decisions – and follow these up with updates on performance over the years.
I hope you find these resources useful and will use the comments boxes to make suggestions and point out any hacks I haven’t thought of.