Medical Finance Academy Ltd. Reviews 0

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At Medical Finance Academy, you will receive 1-to-1 in-person tailored coaching service to educate you on everyday financial literacy, introducing you to the world of asset allocation and generational wealth. You will be guided through a structured programme to identify any inefficiencies and vulnerabilities within your financial setup working for the NHS. You will not just be taught the answers to all your money problems, more importantly, we will unlock your insight and wealth potential by inspiring you to ask the right money questions whilst working in the NHS. I am Simon Wong, a Urology registrar & money enthusiast working in the NHS. As an investor and money enthusiast for over 15 years, and a proud father of 2 teenage boys, I have made all the money mistakes one needs to experience in a lifetime. The subsequent corrections to my financial life after intense studying and reading has completely altered me and my family's path to financial independence. I wish someone could have sat me down and taught me all this 20 years ago! Now I have compacted all my knowledge & experience into a Simple Framework that could be easily adapted by anyone working in the NHS. We have all had times in our careers when we struggled with money. Struggling to keep up with monthly outgoings like professional and travel costs, mortgages and bills, or any unexpected home repair, new tyres or child care bills, life getting more expensive as we progress in our career and lives. We have all experienced them. Working in the healthcare profession, we also often find our take-home pay to be comparable to other jobs that require far less commitment from our time and lives. Furthermore, people don't talk enough about the COST of being a healthcare professional in the NHS. Medical registration, nursing registration, exam fees, indemnity fees, compulsory courses/conference fees, uniform costs, higher tax bills, the list goes on and on... I aim to cut through noise of conflicting and confusing financial jargon, make it simple for non-financial people in plain English. Take small steps, every day, to compound your hard earned money into lasting wealth. To transform your life and career into a life of wealth in whatever shape or form you see this 'rich' life to be. You will be shown what I've learnt through my years of money illiteracy and invite guests to discuss all money topics. We are ultimately aiming to build generational true wealth together, whilst you continue to provide your service & skills in the NHS. I believe, with good financial knowledge, we can jump off this bandwagon of living pay-check to pay-check. This is the Path of Least Resistance to fast-track you through your financial journey! **Regain your own control of your financial freedom, and ultimately TIME!** **Topics covered in the Total Money Makeover Course:** - Educating you on the money and financial system in the Uk and the Western world **Cash Flow Management** - Setting up Zero-based budgeting, putting every penny you earn to work - Highlight many Unspoken Issues with Our NHS Pay and money challenges that everyone will face with a career in the NHS - Decipher your Psychology of Money with establishing good money discipline and habits. - Importance of Avoiding Lifestyle Inflation and the mathematics behind it, not letting your new money journey justify your high spending **Debt Management** - Learn the difference in Good vs Bad debt - Strategies in debt management, pave the road to become debt free - How To Use Credit Score to your advantage - Optimising credit management and Improve your Credit Score **Saving & Emergencies** - Setting up all important Emergency Fund - Your 'Sleep-Well Money' - How to choose between different savings, high interest, tax efficient savings accounts **Investing & Wealth Building** - Understanding the financial requirement to reach financial independence/retirement/financial freedom - The importance of, and how to get to your 'F*** You Money' - Debunk any common misconceptions of money management and investing - Teaching the Variety of investment assets available for everyday tax-paying working people in UK, and why some assets may be more suitable for wealth building over others. - Understanding and getting comfortable with the stock market - Education in Fundamentals of Stock Market Investing - How to choose between different savings, high interest, tax efficient self investment accounts (e.g. ISAs, SIPPs) - Optimising your returns in the UK banking system and habits. - Understanding and Maximising Your NHS Pension - Setting up tax efficient children's investment accounts to build wealth for your children - Benefit from automated tax efficient wealth building tools like Self-Invested Personal Pension to maximise your tax benefit with 'free' government contributions - True informed decision for Home Rentals, Mortgages and Home Ownership. Run the real numbers, see which is more suitable for you - Curate an Automated Self-managed All-weather asset portfolio with the lowest-possible risk, lowest-possible cost/fees and lowest possible emotional stress to build your generational wealth through time to achieve Ultimate Financial Independence **Risk Management & Protection** - Understand the different types of insurances and, most importantly, what to avoid - Auto/Car - Life - Critical illness - Income protection - Home/Renters I am giving you Information, Application, Transformation Topics covered in the MFA investing Course Investing & Wealth Building - Understanding your financial requirement to reach financial independence/retirement/financial freedom, however you determine your destination - The importance of, and how to get to your 'F*** You Money' - Debunk any common misconceptions you may have of money management and investing - Explain why investing by you is a vital breathing living part of anyones wealth-building journey & why your retirement or financial freedom is unachievable without investing for everyone in the NHS - Teaching the Variety of investment assets available for everyday tax-paying working people in UK like you, and why some assets may be more suitable for wealth building over others. - Understanding and getting you comfortable with the stock market - Educating you in Fundamentals of Stock Market Investing - How to choose between different crucial savings, high interest, tax efficient self investment accounts (e.g. ISAs, SIPPs) - Optimising your returns in the UK banking system and habits. - Understanding and Maximising Your NHS Pension - Setting up tax efficient children's investment accounts to build wealth for your children - Benefit from automated tax efficient wealth building tools like Self-Invested Personal Pension to maximise your tax benefit with 'free' government contributions - True informed decision for Home Rentals, Mortgages and Home Ownership. Run the real numbers, see which is more suitable for you - Curate your Automated Self-managed All-weather asset portfolio with the lowest-possible risk, lowest-possible cost/fees and lowest possible emotional stress to build your generational wealth through time to achieve Ultimate Financial Independence.See more