Are you a...?
ā”ļø Final Year Medical Student?
ā”ļø PGY1, 2, 3 or 4?
And do you...?
š« Hide under the covers when you think about your bank account?
š„µ Want the core money essentials and not (yet another) lecture?
š¤ Want to start you career (and your money) on the right foot?
The must-read guide as you begin your career in Medicine
If you're a junior doctor and feeling a bit overwhelmed about your money situation, this is the resource for you!
Authored by three professionals who have been exactly where you are, these 8 chapters cover everything they wish they had known before they started their careers in medicine.
What will you be learning?
š Eight š jam š packed š chapters š of š money š smart š goodness š
Chapter 1: Your Job
š„ Basic insights into your Job Contract
š„ Basic insights about your Salary
Chapter 2: Tax
āØ Basic Income Tax theory
āØ Details about Medicare & HECS
āØ Tax Return fundamentals & execution
āØ Tax Deduction Basics
āØ Salary Packaging
Chapter 3: Super
š Basic Superannuation Theory
š Your Contract and Employer Obligations
š Additional Super Contributions
š How Superfunds Work
š How to Choose a Superfund
Chapter 4: Earnings
š¶ How to structure your banking ecosystem
š¶ How to work out your budget figures
š¶ How to build a basic budget
š¶ How to introduce automation into your cashflow
š¶ How to deal with inconsistency of cashflow
Chapter 5: Spending & Debt
š¤ The extensive list of fixed costs you'll run into
š¤ The range of personal costs you'll need to budget for
š¤ Tips on how to Spend less (or more mindfully)
š¤ The Basic forms of debt available to you
š¤ A quick look at debt recovery
Chapter 6: Saving & Investing
š¤ How to assign jobs to savings accounts
š¤ Different Investment options & products available
š¤ Aligning account jobs and investment choices
š¤ Aligning investment choices with your broader strategy
š¤ Tips on how to save more
Chapter 7: Organisation
š
How to organise your passwords & important details
š
How to organise your document ecosystem
š
Navigating MyGov
š
Setting up regular time for your budgeting
š
Documenting and organising your tax documents
Chapter 8: Bonus Secret Chapter
š§ The most useful concept to get right!
Want something more advanced?
Get this EBook free when you enrol into the Mandy Life Academy!