Medical Financial Planning: Optimise Your Super

Yves Schoof Video Podcast

financial planning doctors video podcast

In today’s video we talk about ways in which you can optimise your superannuation. We look at two issues in particular: 1) If you have multiple superannuation accounts you need to get professional advice to consolidate where possible. You should not do this on your own, as you may lose valuable insurance benefits in the process. We recently saved a … Read More

Medical Financial Planning: Deal With Your Bad Debts

Yves Schoof Video Podcast

financial planning doctors video podcast

This is my third video in a series of quick wins that you can implement to make the most of your finances this financial year. Today I will be talking about bad debts. Let me be very clear, it is absolutely critical to minimise bad debts, and pay them off as soon as possible. Just to clarify, bad debt is … Read More

Medical Financial Planning: Tax Planning

Yves Schoof Video Podcast

financial planning doctors video podcast

This is my second video in a series of quick wins that you can implement to make the most of your finances this financial year. Today we are talking tax planning for medical professionals. The key points I want to make are: 1) You need to do your tax planning at the start of the financial year, so July or … Read More

Medical Financial Planning: Cash Flow Strategies

Yves Schoof Video Podcast

financial planning doctors video podcast

In today’s video I will be talking about how you as a medical professional can take control of your cash flow. This is my first in a series of quick wins that you can implement to make the most of your finances this financial year. And it is probably the most important video you will ever see on this topic, … Read More

Medical Financial Planning: Take Control Of Your Finances

Yves Schoof Video Podcast

financial planning doctors video podcast

Over the next couple of weeks I will be sharing some videos with quick wins, to help you make the most of your finances this financial year. In this video I want to focus on one single message: despite, or in fact precisely due to, what is happening in the world around us, it is absolutely critical that you focus … Read More

Why Doctors In Private Practice Need A Business Plan

Yves Schoof Video Podcast

financial planning doctors video podcast

Private Practice is becoming very competitive and most practices would have significant revenue and staff, similar to that of a small business. Yet, why is it that most doctors have not yet engaged a business coach, whereas this has become very common for the average small business? In this video I highlight why Medical specialists and Surgeons in Private Practice … Read More

Stepped Or Level Insurance Premiums for Doctors?

Yves Schoof Video Podcast

financial planning doctors video podcast

Doctors typically have a long career, and rely heavily on their income to fund their lifestyle and investment strategies. There may be some benefit in structuring at least part of your personal insurance policies on a level premium basis. In this video I explore how this may be structured.

Should Doctors Have A Self Managed Super Fund?

Yves Schoof Video Podcast

financial planning doctors video podcast

It is very fashionable to have a self managed super fund, and many doctors would either have established one, or would be contemplating it. However, you should carefully consider your options before going down the path of running your own super fund, as it comes with a great amount of responsibility, time involvement and cost.

Should Doctors Use Aggressive Tax Planning Strategies?

Yves Schoof Video Podcast

financial planning doctors video podcast

The main frustration for many doctors is that they pay too much tax. This may lead you to implement aggressive tax planning strategies. However, I would caution against this and recommend you only focus on sustainable, long-term strategies and always get a second opinion.