Best professional indemnity policy guides for doctors? In Financial Planning we touch upon all the aspects of Personal Financial Management, and aims to build good financial habits among the Investors, and bring in Financial Wellness in their life. We believe that your good Financial Life depends more on your discipline and process you follow, rather than any Specific Investment strategy. Since doctors are among the busiest professionals, so it becomes more important for them to take good care of their money and use their time wisely on the professional upgradation, without being much worried on the Money management aspects. At Dr Good Money, We strive to make you Good With Money, So Money in turn be good with you.
You Will get a Wealth Monitor,as in online Real time view of your Investments and Assets, to have a clear Idea on where you are going. The Earlier you Start, better it is. But In Financial Planning its never too late. If you are a beginner or have already started investing or have been investing for quite many years, but are not sure which direction you are going and if you are on Right Track or not.
Just Like you, we also do not advise without Diagnosing. So at this step we will require you to fill up the data sheet to share your Complete financial details and goals with us, so we can do our analysis and your Financial Health Check. If you find difficulty in collating data, we handhold you and guide in the whole process. We will do your Risk profiling too, to understand tolerance towards Market movements and what kind of Investment Allocation would suit you for your Long term Investments.
Manikaran Singal is the Founder and Chief Financial Planner at Dr Good Money. Manikaran is MBA Finance (Gold medalist), Certified Financial Planner and SEBI Registered Investment Adviser. Having 17+ years of extensive experience, he is managing clients across the globe. He has authored a book titled – “The Art of Being Good with Money” published by CNBC TV 18, India’s Biggest Media House. He is a Regular Contributor in leading Media Houses and his articles keep getting published in different prominent business magazines and Journals. He is of the strong Opinion that Money Behaves the Way you treat it. and if you really want to get Good out of it, first you have to behave good with it. Discover additional details at Financial Planning for doctors.
Do Doctors really Need a Financial Planner? Why can’t they do it themselves? Yes. Definitely , they can do it themselves. But it may not be wise thing to do. First, they have to devote so much time learning the nuances of this subject. Then They need to devote time in reviewing the things time and again, with the changing economic and financial scenario. The time which can be best utilized in working on increasing medical knowledge which is an everchanging field, why to devote time in doing your finances yourself when this can be delegated. Plus who better than doctors know what specialisation is all about. They are not specialised in Personal financial Planning.
You are late entrant in your Financial Life, and sometimes enter with a baggage of Education Loan. You Start making Real Money in Mid 30s, when the Major goals are staring at you like Childcare, Buying House, Old age etc. You may like to start your Practice which also demands a good amount of time, money and Planning. After basic studies, the next decision comes in front of them is to join a job or start own practice. In the initial years, most doctors prefer to work in some hospital, as starting own practice has its own demands in terms of money and time unless they have the running practice of their parents and some of the infrastructures are already in place. Discover extra details on https://drgoodmoney.com/.