Medics on FIRE is a social and educational initiative designed to help healthcare professionals achieve financial independence and retire empowered. Founded by Dr Elizabeth Eyitayo a UK General Practitioner and Personal Finance Expert who recognises the challenges clinicians and healthcare professionals have in taking time for their financial education and plan for a robust financial future.
Your financial health check score is an indication of your current financial habits, an insight on how prepared you are when it comes to personal finances and long-term security measures.
This scorecard has been developed to quickly and painlessly produce a financial score based on your answers. In under 3 minutes you will generate results with a tailored action plan on how to improve.
No gimmicks, no number crunching, just some simple yes/no questions to set you off on your financial clarity journey!
Answer key questions to see how you can improve your financial independence score
In under 3 minutes you will generate results with a tailored action plan on next steps..
You’ll be scored against key areas from how you manage your expenses, awareness in maximising savings
potential, investing and managing unforeseen circumstances
We will recommend a unique programme to get you started immediately.
From understanding the power of your unique money mindset to financial goal planning to wealth creation strategies.
Expense Management is a crucial aspect of financial independence and planning for an empowered retirement. These questions will reveal how aware you are of your expenses and whether you know what you are spending every penny of your income on.
Saving for your short, medium and long term goals helps you to manage your finances until you reach financial independence and beyond retirement. These questions will reveal your current savings behaviour and how in control you are of your financial goal planning.
An empowered retirement relies heavily on how disciplined you are in investing for the future. Specifically by allowing your money to grow through the power of compound interest. These questions will reveal your attitude towards investing and progress to date if any in that area.
Your journey to financial independence and retiring empowered will happen quicker if you have multiple streams of income. These questions will reveal how many streams of income you have in addition to your employment income.