10 financial tips for Consultants (and most other doctors and dentists)

10 financial tips for Consultants (and most other doctors) Back with a bang after a hiatus. The most action packed episode ever? Certainly the most amount of links ever...... Tip 1 - Pay  the  correct amount  of  tax and  be  aware  of the marginal rate of 60% between £100,000 and £125,000 https://www.medicsmoney.co.uk/tax-thresholds-doctors/ https://www.medicsmoney.co.uk/ep-2-how-to-claim-a-tax-rebate-and-reduce-your-tax-bill/ https://www.medicsmoney.co.uk/ep-4-how-to-correct-your-tax-code/ Tip 2 - Keep your paperwork. P60, P45, TRS and payslips https://www.medicsmoney.co.uk/doctors-pay-slip/ https://www.totalrewardstatements.nhs.uk Tip 3 - 3 pension checks that all doctors need to make https://www.totalrewardstatements.nhs.uk https://www.nhsbsa.nhs.uk/nhs-pensions Tip 4 - Spend less than you earn https://www.medicsmoney.co.uk/ebook/ Tip 5 - Protection https://www.medicsmoney.co.uk/nhs-pension-ill-health-death-in-service/ Tommys biggest? financial mistake https://www.medicsmoney.co.uk/income-protection-tom/ Finding a good IFA https://www.medicsmoney.co.uk/independant-financial-advisers-ifa-for-doctors/ Tip 6 - Investing Podcast https://www.medicsmoney.co.uk/ep-16-earn-while-you-sleep-investing-for-doctors/ Webinar https://youtu.be/AkN6-0B3jcM Tip 7 - Lifestyle creep https://www.medicsmoney.co.uk/ebook/ Tip 8 - Wills and inheritance tax Tip 9 - Get a financial plan https://www.medicsmoney.co.uk/ep-6-why-all-doctors-need-a-financial-plan/ Tip 10 - How to find good advice for the right price? What does a good accountant look like? https://www.medicsmoney.co.uk/accountants-for-doctors-how-do-i-find-a-good-medical-accountant/ What does a good financial adviser look like? https://www.medicsmoney.co.uk/independant-financial-advisers-ifa-for-doctors/