I frequently talk about this topic, but I only do it because it has such a big impact on the lives of many doctors and dentists. The main reason for financial stress with so many doctors and dentists is the quantum of the debt they have. Every time I meet with them, it feels a bit like Groundhog Day. It … Read More

Every year Macquarie conducts a survey of general practitioners and medical specialists across Australia, in partnership with the Business For Doctors network. One of the key findings of the most recent report (Macquarie Healthcare business pulse check) was that 71% of respondents listed achieving financial security as the primary or secondary personal goal. Equally important was growing personal wealth at a combined … Read More

More than three-quarters of Australians (77 per cent) say financial security is among their top goals, according to new research by Credit Card Compare, but many want more help in figuring out how to achieve it. And two-thirds said they would feel happier if they were better at planning for their financial future. It is no wonder then that our … Read More

Following on from our blog post last week, where we discussed the need to review your loans in the current changing lending landscape, we wanted to offer you some free resources on this topic. – A video course on finance and debt management – An ebook on the same topic, filled with tips and strategies We hope you enjoy it! … Read More

Have you recently reviewed your home or investment property loans with a specialist? If not, then now is a good time to get started. The two recent Reserve Bank interest rate cuts have definitely shaken up the mortgage playing field, and you may be paying too much for your loans. You should find a specialist finance broker and independently review … Read More

We often get asked by our young medical and dental clients what they should be doing to work towards their financial security. Typically, the following 4 simple strategies form an integral part of their plan: 1) Ensure you can pay off your home mortgage in approximately 10 years. Having too much non-deductible debt presents a tremendous opportunity cost. 2) Focus … Read More

(Image source www.news.com.au – read the full article HERE) I thought you might find this information interesting, as most people like to get an idea of how their wealth compares to other people. The Australian Bureau of Statistics released its Survey of Income and Housing 2017/18 recently, and it gives people a snapshot of the assets and debts of Australians. … Read More

Asset protection is a common and legitimate concern for many doctors and dentists. In this very digestible video mini-series I cover the most important aspects of asset protection and how to achieve it. Click HERE to watch. P.S. Whenever you are ready, here are 4 ways I can help you optimise your finances: 1) Grab a free ebook HERE or … Read More