doctor income questions

How Do We Pay off Our Mortgage FAST?

We have just brought our first home!!! Do you have any tips on how to pay off a mortgage fast? Congratulations! Tips before paying extra into your mortgage: - Consider putting extra payments into an offset. This will save you the same amount of interest but you maintain more control (bank can't stop you withdrawing unlike in a redraw account) ...
Read More
Money management doctors

No More Keeping Up with Dr Jones: New Year New FInances

No More Keeping Up with Dr Jones: New Year New Finances Most doctors are blessed with having a meaningful and rewarding career they love. The average intern wage is around $70,000, rising well above average Australian income within a few years. Doctors are in a privileged position of earning enough to cover the necessities (food, shelter, transport) fairly easily, providing ...
Read More
how to get more joy from your money

How to Break Free from Debt: An Aussie Doc Guide

How to Break Free from Debt: An Aussie Doc Guide Doctors are wealthy, right? Well, that is the expectation. Australian doctors are well compensated in arguably the country with the highest standard of living country on Earth. But the truth is, income does not make you wealthy. Doctors are graduating from medical school with between $60,000 and $150,000 debt. On ...
Read More
Just Graduating Medical School?  Seven Steps to Start Your Journey to Financial Freedom

Just Graduating Medical School? Seven Steps to Start Your Journey to Financial Freedom

About to Graduate from Medical School? Seven Steps to Start on your Journey to Financial Freedom So, you're about to graduate from medical school, congratulations!  What an amazing achievement.  You will always look back at this time with pride and an incredible sense of achievement. You may be dreaming of transitioning from the world of study and awkward loitering around the ...
Read More