
Medics Money podcast
The Medics’ Money podcast helps doctors, dentists and other professionals make better financial decisions. Hosted By Dr Tommy Perkins and Dr Ed Cantelo, who is not only a doctor but also a Chartered Accountant and Tax adviser.
Latest episodes

Sep 3, 2024 • 41min
Ep 228: MM MBA - the sequel. The smart way to run Private Practice.
This installment dives into the challenges of private medical practice, exploring innovative patient acquisition strategies. Featuring a menopause-focused GP, the discussion reveals how niche expertise can thrive in competition with the NHS. The episode also introduces the Balance app for menopause support, showcasing its user-centric features. Additionally, insights on leveraging mobile apps and personal branding in healthcare highlight the importance of effective audience engagement. Don't miss the powerful impact of email newsletters for professionals seeking to share their authentic expertise.

Aug 27, 2024 • 46min
Ep 227: Financial Freedom using Property: From NHS Doctor to Property Investor
Head over to medicsmoney.co.uk/property to register your interest in Property information today!
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Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/
Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com
Want to improve your finances fast? Then come on our course
https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/
GP partner looking to improve your practice/ Then come on our course
https://www.medicsmoney.co.uk/gp-partnership-programme/
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Aug 20, 2024 • 51min
Ep 226: Junior Doctors' Pay Restoration: In-depth Talk with BMA Chairs Rob and Vivek
Rob and Vivek Join Cyra from Medics Money as she hosts an informative discussion with Vivek and Rob, co-chairs of the BMA UK Junior Doctors Committee. Dive into the details of the junior doctors' campaign for pay restoration, strike actions, the intricate negotiations with the government, and the DDRB’s role in pay recommendations.
Get paid for your Opinion here!
Want the latest financial tips for doctors and exclusive invites? Join 56,000 doctors here https://www.medicsmoney.co.uk/join-medics-money/
Want a free assessment of your finances? Click here https://medics-hnz5twj1.scoreapp.com
Want to improve your finances fast? Then come on our course
https://www.medicsmoney.co.uk/medics-money-financial-wellbeing-course/
GP partner looking to improve your practice/ Then come on our course
https://www.medicsmoney.co.uk/gp-partnership-programme/
Follow us on Instagram
Follow us on Twitter
TIMESTAMPS:
00:00 Introduction and Host Welcome
00:51 Meet the Guests: Vivek and Rob
01:52 Breaking Down the Pay Offer
03:03 Impact of Strike Actions and Negotiations
06:31 Comparing Old and New Government Talks
10:25 Future of Pay Restoration and Union Strategy
20:58 Voting and Member Participation
35:47 Final Thoughts and Call to Action

4 snips
Aug 13, 2024 • 38min
Ep 225: How to retire EARLY using your NHS Pension
Andy Pow, a financial expert specialized in NHS pension schemes, joins the discussion on how NHS professionals can strategically plan for early retirement. He breaks down the complexities of the 1995, 2008, and 2015 pension schemes, highlighting key differences and benefits. The conversation emphasizes the importance of starting early with pension contributions, exploring options to top up retirement income, and using spreadsheets for effective financial planning. Discover various strategic approaches to ensure a financially secure early retirement.

Aug 6, 2024 • 20min
Ep 224: ISAs have changed. Here’s what you need to know…
Cyra and Matthew from MSDTU take you through some things you may have forgotten/missed about ISAs.
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Want to stay up to date with the latest financial information for doctors?
Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney
Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here
https://www.medicsmoney.co.uk/ebook/
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Music credit: MetzMusic on YouTube.

Jul 30, 2024 • 39min
Ep 223: Medics Money MBA - the £1billion business in doctors' pockets
Medics Money MBA Part 1
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In this episode, Tommy is joined by special guest Sanay Goyal to explore the world of business through the lens of the Blue Light Card. They discuss the financial success of Blue Light Card, a 50 million pound a year business, and delve into its operations, profitability, and potential growth. The episode covers other business concepts such as cash flow, revenue, gross profit, and vertical integration, illustrating how understanding these concepts can help professionals in the healthcare space make informed financial decisions.
00:00 Introduction to Medics Money MBA
01:13 Introducing Private Practice 3.0
01:36 Meet Sanay
02:32 Exploring Business Models
03:26 Understanding Companies House
03:57 Breaking Down the Blue Light Card
05:24 Financial Insights and Profit Margins
18:41 Understanding Profit Margins
20:03 The Power of Network Effects
20:32 Exploring the Blue Light Card Business Model
24:57 Gymshark's Negative Cash Cycle Explained
29:51 Potential Growth and Risks for Blue Light Card
37:51 Conclusion and Call to Action
Want to stay up to date with the latest financial information for doctors?
Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney
Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here
https://www.medicsmoney.co.uk/ebook/
Follow us on Twitter
https://twitter.com/medicsmoney
Follow us on Instagram
https://www.instagram.com/medicsmoney

Jul 23, 2024 • 44min
Ep 222: Anaesthetist with a £plan - investing, protection and the problem with BLEEP advisors.
Robbie, one of our listeners, joins Tommy today to talk about everything he's learned from Medics' Money and his own financial plan.
Want to stay up to date with the latest financial information for doctors?
Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney
Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here
https://www.medicsmoney.co.uk/ebook/
Follow us on Twitter
https://twitter.com/medicsmoney
Like us on Facebook
https://www.facebook.com/medicsmoney
Music credit: MetzMusic on YouTube.

Jul 16, 2024 • 54min
Ep 221: Active v passive investing, simple portfolio = better, the problem with restricted advisers and insure what you can’t afford to lose.
Tommy and Ed were lucky enough to be invited onto the Century Plan Podcast recently with Sarah Steele and Dennis Hall.
Want to stay up to date with the latest financial information for doctors?
Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney
Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here
https://www.medicsmoney.co.uk/ebook/
Follow us on Twitter
https://twitter.com/medicsmoney
Like us on Facebook
https://www.facebook.com/medicsmoney
Check out the Century Plan Podcast here --> https://yellowtail.co.uk/the-century-plan-podcast-human-behaviour-and-financial-planning/
Music credit: MetzMusic on YouTube.

Jul 9, 2024 • 21min
Ep 220: How to run a happy, profitable, successful GP Partnership
Sign up for our upcoming GP Partnership Course here: http://www.medicsmoney.co.uk/gpcourse
Join us in this insightful episode where we chat with Dr. Hannah Robbins, a GP partner who shares how she revolutionized her practice by utilizing effective systems and processes. She discusses reducing her daily administrative workload, claiming £18,000 in extra income without additional work, and applying the Team Sky marginal gains approach to improve practice operations. Learn about her journey from anesthetist to GP partner, leveraging her side hustles, and the significance of networking, finance management, and embracing change for career growth.
00:00 Introduction to Today's Podcast
01:47 Meet Dr. Hannah Robbins
02:20 Journey to Becoming a GP Partner
05:02 Innovative Systems and Processes
07:25 Impact of MedicsMoney Course
08:34 Financial Insights and Community Benefits
15:13 The Power of Networking and Mentorship
18:16 Advice for New GP Registrars
20:04 Final Thoughts and Wrap-Up
Want to stay up to date with the latest financial information for doctors?
Subscribe on YouTube to never miss a new video: https://www.youtube.com/@MedicsMoney
Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here
https://www.medicsmoney.co.uk/ebook/
Follow us on Twitter
https://twitter.com/medicsmoney
Follow us on Instagram
https://www.instagram.com/medicsmoney

Jul 4, 2024 • 13min
TRIAGE: Resolutions for your Financial Plan
Medics' Money Triage aims to give you bite-sized popular topics from our main episodes, hosted by me, Matthew!
Original Episode: https://www.youtube.com/watch?v=8JubSp4dn-Y
Subscribe to our YouTube:
https://www.youtube.com/@MedicsMoney
Want to stay up to date with the latest financial information for doctors?
Join 40,000 doctors receiving free financial CPD via email by downloading our free ebook here
https://www.medicsmoney.co.uk/ebook/
Follow us on Twitter
https://twitter.com/medicsmoney
Like us on Facebook
https://www.facebook.com/medicsmoney
Music credit: MetzMusic on YouTube.
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