Personal Finances for Doctors

How can busy doctors set up their personal finances to maximize chance of success?
Todays episode, I share 5 steps that you can take to simplify your finances.
1. Assess your current situation
2. Set a compelling goal
3. Develop habits (track spending, regular self-education, monitor savings rate)
4.Action plan
5. Reassess/re-evaluate

Resources/links:
 Some “Thing” to Talk About? Differential Story Utility From Experiential and Material Purchases - Amit Kumar, Thomas Gilovich, 2015 (sagepub.com)
Why Doctors don't get Wealthy
Property Investing for Doctors
Tax for doctors

Music Credit: Bass Nation.
New episode every fortnight.
Send in your questions to: passiveincomedoctors[AT]gmail.com
If you are a doctor or dentist interested in property investing Australia, join my community: https://www.facebook.com/groups/315108673770810

Follow me on Instagram for first peek at new content, and my day-to-day life. Dr Dan (@passiveincomedoctors) • Instagram photos and videos