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Medics Money podcast

Latest episodes

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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.
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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! 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
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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
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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.
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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.  Get paid for your Opinion here!  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.
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Jul 30, 2024 • 39min

Ep 223: Medics Money MBA - the £1billion business in doctors' pockets

Medics Money MBA Part 1 Get paid for your Opinion here!  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
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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.
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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.
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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
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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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