Tax Returns for Doctors: How to Get it Right
As your salary climbs, you will pay a higher and higher effective tax rate (% of gross…
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Live Like a Resident: Will it Work for You?
Living on your previous years income and saving the payrise is a great way to start building savings. Organize your bank accounts to make collecting the extra easy despite irregular income
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Doctors income no longer secure: How to protect yourself
Did you assume your income as a doctor would always be secure? People always need health care don’t they? COVID-19 has surprised almost everyone with it’s devastating health and economic effects. We have read so many horrifying accounts of deaths and healthcare system overwhelm from overseas, and are in a fortunate position to be in Australia (fingers crossed).
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How to Include Fun Money in Your Budget
Common and sensible advice, is to save and invest 20% of your net income. This seems, ironically,…
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The Efficiency (and Unfairness) of Wealth
I have lived my adult life so far on a huge variety of incomes, now in my…
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Reduce Tax Australia: Drs can Make Income Efficient
Tax was my highest expense in 2019/2020 – four times the cost of my next largest expense…
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Money Confessions of a 40 Year Old Doctor
Financial Confessions of a 40-year old Doctor I started work as a terrified intern saddled with, what…
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How to Develop a Financial Plan and When to Do it
How to Develop a Financial Plan and When to Do It Should you employ a professional financial…
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How to Save More Money
Do you want or need to save more money? Or increase your investments?Many finance professionals advise a…
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Do I REALLY Have to Save an Emergency Fund?
Do I REALLY Have to Save an Emergency Fund? Consider what kind of (and cost of) emergencies…
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