Medics Money podcast

Tommy is joined by TikTok legend Steve Nichols today, sadly without a Hawaiian shirt, to talk through 14 of your most asked questions. 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.  

Medics' Money Triage aims to give you bite-sized popular topics from our main episodes, hosted by me, Matthew! Original Episode: https://open.spotify.com/episode/7qCWyVE9iyYvnGv7FxaBw8?si=a8507e1d96b3492e 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.

Cyra welcomes back RBP to the podcast by talking with Kate Perry all about GP Practice Structures. 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.

This week, Tommy, Ed, Matthew, Cyra and Andy sit down to discuss crucial financial changes needed in political manifestos to support healthcare workers. We cover FIVE main topics: student loan forgiveness, stealth taxation, marginal rates of tax, lifetime and annual allowances, and resolving pay and industrial action issues. We also debate the current financial burdens on doctors, nurses, and dentists, and suggests potential reforms that could alleviate these pressures.   TIMESTAMPS 00:00 Introduction and Breaking Conventions 00:19 Meet the Hosts and Guests 00:49 Financial Changes for Healthcare Workers 02:18 The Student Loan Crisis 09:53 Stealth Taxation Explained 15:43 Marginal Rates of Tax 23:53 Pension Tax Charges: Annual and Lifetime Allowance 31:58 Pay and Industrial Action 40:39 Final Thoughts and Key Takeaways   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

Learn about essential financial advice for medical professionals, budgeting, debt management, and wealth building strategies. Discover the importance of NHS pension and managing it effectively, government support, student loan challenges, investing, and clinical documentation burden. Explore graduate tax, student loan repayment terms, and resources like the Medics Money Financial Wellbeing Course.

In today's episode of the Medics' Money podcast, we tackle questions from listeners regarding the impact of the higher income child benefit charge on state pensions and whether it's a good time to invest. We provide insights about opting out of child benefits, the importance of maintaining a full National Insurance record, and the intricacies of market timing in investments.  00:00 Introduction and Episode Overview 00:27 Meet the Hosts and Podcast Success 02:26 Listener Question: Opting Out of Child Benefits 03:39 Understanding the High Income Child Benefit Charge 09:25 Listener Question: Market Timing and Investing Strategies 13:52 The Importance of Consistent Investing 18:36 Conclusion and Call to Action

Dr. Ed explains income tax basics, exemptions in the UK, and OSLAR for clinical documentation. Learn about tax-free personal allowance, premium bonds, and income tax calculations for doctors.

Matthew is joined by Dr Clare Sieber today to talk all about conflict and leadership within the NHS. 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.

This week's triage has a recap of Steve Nichols and Tommy discussing limited companies and if they can really save you tax.   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=Bl5xP8yUhnc 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.

Investing in your NHS pension is far wiser than investing in Bitcoin, right? Dr. Abdullah Albeyatti, a known Bitcoin maximalist, disagrees as he joins Tommy to discuss and debate over the journey of Bitcoin's volatile pricing and its investment appeal over the NHS Pension.   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