Dr. Good Money, Trusted Financial Planner for Doctors in India

We all know that most professional and experienced doctors earn a handsome amount of money. However, as compared to other individuals they start earning a bit late due to the long education period and training. Moreover, from the beginning of their practice, they have to go through rigorous working hours leaving no time to plan their finances. Therefore when it comes to Financial Planning doctors rely primarily on the suggestions of their relatives and friends, which is not sensible at all. To achieve the financial goals and to choose the correct investments doctors need a reliable and experienced Financial Planner from the beginning of their career. 

That’s why in this article we bring you a trustworthy, experienced, and legitimate Financial Planner for Doctors in India – Dr. Good Money. Here we will give you every reason why Dr. Good Money is the best choice for Financial Planning for Doctors. So, let’s begin! 

Why do Doctors Need Financial Planning?

Before learning more about Dr. Good Money let’s first understand the importance of Financial Planning for Doctors. 

Doctors Start their Careers Late

When compared to most other professionals Doctors start their career in the late twenties or early thirties. So, to achieve their Financial Goals on time they need to begin Financial Planning right from the beginning of their practice. 

Prone to Mis-sellers

Due to regular and good sources of income, doctors encounter a lot of mis-sellers trying to sell unnecessary insurance, credit cards, loans, mutual funds, etc. Further many doctors buy policies and funds relying on the advice of Family and Friends ignoring their Financial Goals. 

Long Working Hours

Doctors have Long and Erratic Working Hours resulting in no time for taking care of their own finances. Further, relying on the advice of some so-called friend turned investment advisor is not a wise choice. For Financial Planning Doctors must look for well-experienced and professional investment advisors. 

Short-term and Long-term Financial Goals

Just like others Doctors also have multiple short-term and long-term goals. To achieve them on time they need a reliable investment advisor. Short-term goals could be buying a car or going on a vacation while long-term goals can be Kids’ Education, buying a house, or a clinic for practice. All these goals need strategic investment planning for timely achievement. 

These were some of the key points describing the importance of Financial Planning for Doctors. Now let’s take a look at Dr. Good Money, our recommended choice of Financial Planning for Doctors in India. 

Dr. Good Money – The Best Finance and Wealth Planner for Doctors in India

There are multiple reasons why we have chosen Dr. Good Money as our first pick for Doctor’s Financial Planning and Investment Advisory. Read the points given below for more details. 

More than 15 years of Experience

The Chief Financial Advisor and the Founder of Dr. Good Money, Mr. Manikaran Singhal has more than 15 years of experience in Financial Planning. He has worked with multiple clients in India and internationally helping them with their Investments and Financial Planning. 

Worked with Multiple Doctors Across India

When looking for Financial Planning for Doctors you must look for a Financial Advisor having past experience with Doctors. Dr. Good Money has a huge experience in building Financial Plans and building an investment portfolio for multiple doctors all across India. 

SEBI Registered Investment Advisor

To avoid getting prone to mis-sellers Doctors must look for a Financial Planner recognized by the Securities and Exchange Board of India. Manikaran Singhal, The Founder of Dr. Good Money is a SEBI Registered Investment Advisor. So, when you choose them your hard-earned income is definitely in safe hands. 

Fee-only Financial Planner

Dr. Good Money is a Fee-only Financial Planning Firm for Doctors. It implies that they won’t try to sell you policies and insurance just for the sake of gaining commissions. Based on your Financial Goals, your income, and risk appetite they will provide you with a reliable investment and financial plan that helps you reach your goals on time. 

An in-depth Financial Plan

Dr. Good Money not only focuses on investments but every facet of your Finances including Insurance, Taxes, Loans, and Financial Goals. They perform a detailed diagnosis of your current investments, insurance, and loans and provide you with a holistic financial plan based on your goals, net worth, cash flow, and risk profile. Further, they will provide you with an online investment monitor, you can easily track the performance of your investments using it. 

Conclusion

Financial Planning is very crucial for Doctors and it can’t be done by Family, Friends, or Relatives. Just like chemists are not doctors similarly Friends are not Financial Advisors. Financial Planning for Doctors must be done by an experienced, trained, and proficient person or firm like Dr. Good Money. Doctors can only accomplish their financial goals and make the right investments when they trust their Financial Planning with someone like Dr. Good Money.