Ndubuisi Egwim tells UK doctors that medical school doesn't teach investing, pensions, or tax. A survey of 1,600 doctors found 60% think investing is too risky, only 38% save regularly, and 61% have three months of emergency savings. The gap isn't intelligence, it's exposure.
Now, if you're right there and you're thinking, I should already know what to do with my money, I should already— I should have learned this by now, please stop punishing yourself. Nobody taught us this in medical school. You've learned anatomy, physiology, biochemistry, pharmacology, and all that, but nobody taught investing, pensions, tax, financial planning, behavioral finance. So don't confuse lack of exposure with lack of intelligence. You're obviously a bright person and you're not late. You're just becoming aware. At my place, we have a saying that when you wake up is your morning. Awareness changes everything. 60% of UK doctors say investing feels too risky or too complex. Not 60% of the general population, 6 out of 10 doctors. Now, these are highly skilled professionals trained to read evidence, weigh risk, make life-or-death decisions every single day. And yet, 6 in 10 of us find investing too complicated to start despite being very hardworking professionals. But this is a different ballgame. Now, if that's you, You're not alone. Before you tell yourself this is just a money problem, let me show you something. Of the 1,600 UK doctors who completed our MedScan, our financial wellbeing scorecard, 38% said they save money regularly and 61% said they have enough savings to cover 3 difficult months. So the money is being set aside. It's just, it's not being put to work as hard as you are.
