Why Doctors And Dentists Should Put Their Finances On Auto-Pilot

Yves SchoofBusiness

Let’s face it, as a doctor or dentist you do not have the time to actively manage your finances.

Even with the best intentions, you will fail to follow through after a while, if your money management requires active intervention and implementation.

That is why for our clients, we set up automatic ongoing debt repayment and savings/investment plans.

This could include any or all of the following:

– Increased mortgage repayments

– Savings contributions into particular (offset) accounts

– Education investment savings

– Super contributions (concessional and non-concessional)

– Other investment contributions

The outcome of this automation is a structured wealth creation/debt reduction plan, where you do not have to think or act, as everything is executed on a scheduled basis.

Very rapidly will you start to see real results, and it will feel effortless.

For more inspiration, you can find some related articles here:

Put as many decisions on autopilot as you can

5 reasons why you should put your savings on autopilot

Money on autopilot

If you would like to find out how automating your finances could help you, please contact me for a free consultation on 0432 885 295 or Yves@affluenceprivate.com.au.

Yves Schoof
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Yves Schoof

Author | Specialist Adviser for Medical Specialists and Surgeons at Affluence Private Wealth
I specialise in managing and coordinating the financial affairs of medical professionals and have been recognised as one of the best financial planners in Australia. I am a Certified Financial Planner and member of the Financial Planning Association of Australia.

As I understand your time is extremely valuable and scarce, I am able to offer flexible meetings times, including outside business hours and during the weekend. I can even come and meet you somewhere convenient, or talk via videoconference on Skype.

My first consultation is free. I allocate up to 90 minutes to discuss your personal circumstances and to establish how I may best assist you. Where you already have an existing adviser, I would be happy to offer a second opinion. I always quote a fixed dollar fee before we start working together.

Please contact me on yves@affluenceprivate.com.au or call me direct on 0432 885 295. You can follow me on Twitter @YvesSchoof or connect with me on LinkedIn to receive new articles.

Yves Schoof and Affluence Private Wealth are Authorised Representatives of Synchron, AFS Licence No. 243313. 

The information posted is intended to be general in nature and is not personal financial product advice. It does not take into account your objectives, financial situation or needs.
Before acting on any information, you should consider the appropriateness of the information provided and the nature of the relevant financial product having regard to your objectives, financial situation and needs. In particular, you should seek independent financial advice and read the relevant product disclosure statement (PDS) or other offer document prior to making a decision.
Yves Schoof
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