Top financial planning advice for doctors? Dr Good Money is a Doctor who is Good with Money. The Idea of Dr Good Money came with the experience of the Financial Challenges doctors got exposed to during Covid times. It was a general opinion that Doctors profession is stable and recession proof, which till now was considered to be true, and to some extent it actually is. But, OPDs were shut, Surgeries are being delayed, and patients also prefer tele calling with Doctors as visiting hospitals may expose them to more risk, that showed doctors Income may also be in distress in some situations.
Its not only Investments but every aspect of your Personal Finances be looked upon like Taxes, Insurance, Life Goals, Estate Planning, Loans etc. 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.
We will start with answering your questions about us, our system and processes. When you are fully convinced and likes to go ahead, then we will share an Agreement for you to read and sign. This will explain in writing what we are going to do and what are the different steps involved. This is the First Step in Transparent Dealings. What we say will give you in writing.
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. Read even more details on Investment advisory for doctors.
Do you also earn Commissions from Selling Investments? How to ensure unbiased advice? No. We will always be on your side of table. We are not associated with any Product manufacturer, and thus do not earn any commission. We being SEBI Registered Investment adviser are allowed to earn only directly from clients. How Long will it take? You said Lifelong Relationship and I am not Comfortable with that. Its Ok. You may go with our Plan RICH Service, where the association gets over once the plan is complete. We will give you a detailed advise which you may execute on your own. However, if you want you may come back for review after a Year or as and when you want. Its a One time service.
Doctors in general start earning in the late 20s. Unlike other professions such as engineering, or CAs, doctors start earning late. Acquiring doctor’s degree is the result of years of hard work in academics, many years of training and spending huge sum of money. MBBS, post graduation, specialization etc. all this takes quite a time of their youth, and initial money-compounding years. This is not all, in this ever changing scenario they need to stay relevant and updated by attending conferences, participating and reading the researchers and all these further demands their time and money. See additional information on https://drgoodmoney.com/.