Invest Smart: Protect Savings From Inflation and Taxes

That said, I firmly believe you should be learning how to invest, because that's how you can take advantage of compounding truly beat inflation. The more financially educated you are, the less risky you are as an investor. Just like your medical training makes you safe with patients, learning to invest makes you to become an intelligent investor and makes you safer with your own money. I think this is really quite crucial, and why I think it matters to you, especially as a medic, is if you have significant cash in savings, you are especially exposed to changes like this. So this means the interest on your cash could soon be taxed, unless it's inside a tax wrapper like an isa. Now, if this goes through, more medics will pay more tax, silently, automatically and needlessly on interest from their cash.