

Medics Money podcast
Medics Money
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.
Episodes
Mentioned books

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.

Jul 2, 2024 • 46min
Ep 219:12 tax hacks including moving to Dubai tax free, directors loans and family tax efficiencies
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.

Jun 27, 2024 • 19min
TRIAGE: Could you start your own business?
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.

Jun 25, 2024 • 38min
Ep 218: Unveiling GP Practice Structures: Partnerships, Limited Companies, and LLPs with Expert Kate Perry
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.

Jun 18, 2024 • 43min
Ep 217: 2024 Election - What needs to change for NHS workers?
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

Jun 13, 2024 • 20min
TRIAGE: Cornerstones of Financial Wellbeing You Might Have Missed
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.

Jun 11, 2024 • 20min
Ep 216: Opt out of Child Benefits? & When is the BEST time to invest? (Q&A Episode)
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