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Q4 2020 Income Report – £16,714

Having spent a third of 2020 fighting covid first wave and the remainder writing papers and trying to get various clinical trials restarted I’m not really sure where 2020 went.

One of the most challenging things this year for me, apart from medicine, has been the prolonged closure of gyms.

For Christmas, I received a new Apple Watch. Doctors don’t usually wear watches but it apparently has some cool health monitor features. It’s still sitting in the corner of my room so I’m periodically glancing at it wondering whether it can buy and sell stocks for me.

I also gifted a Nintendo Switch and realised that games like Mario Kart and Mario Party are actually quite fun.

So this quarter I managed to create £16,714 from a combination of side hustles and investments:

incomeexpensestotal
p2p
side hustle
investing
oct
£21.61
£346.31
£2,885.53
-
-
£202.15
£21.61
£346.31
£2,683.38
p2p
side hustle
investing
nov
£1.57
£302.11
£8,439.85
-
-
£657.84
£1.57
£302.11
£7,782.01
p2p
side hustle
dividends
investing
dec
£8.43
£211
£258.78
£5,328.23
-
£19.39
£52.84
£157.10
£8.43
£191.61
£205.94
£5,171.13
q4 2020 total £16,714.10

I’ve also been busy writing the manuscript for my upcoming book UK Doctor Finance Guide where I go into detail how doctors can maximise career income and explore various side hustles to achieve financial independence (FI). You get can your PDF copy from here:

In this book we’ll discuss:

  • how specialty choice, geographical location and investing in ourselves maximises career income
  • calculating whether it’s worthwhile delaying career progression to full time locum
  • key side hustles such as self-publishing, matched betting and more
  • my £250,000+ journey in 7 years
  • key concepts of investing and financial independence +/- retiring early FI(RE)

Alternatively, you can get your paperback copy from here.

Free Audiobook – consider a good finance book such as Rich Dad Poor Dad or Millionaire Next Door.

Free Kindle Unlimited book – there are hundreds of personal finance and investing titles to choose from.

Alternatively, we can both get a free stock up to £100 if you sign up to Trading212 and deposit £10. They offer commission free investing, and offer ISA wrappers to shelter your funds from tax.

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