John Scott talks to Jules Willcocks about financial wellness for doctors. Good financial health includes having a plan in place for investments and passive income to support your passions outside of work. John and Jules also discuss the importance of income protection, life insurance and cover different investment categories you may want to consider.
Summary Writer: Peter Hoppett
Script Writers: Jules Willcocks and John Scott
Editor: Jules Willcocks
Interviewer: John Scott
Interviewee: Jules Willcocks
Jules Willcocks is an ED consultant and the Director of Prevocational Education and Training at Gosford Hospital.
His interest is in bringing out the best in people principally through mentoring and coaching. He firmly believes that wellbeing is a crucial part of this and that you cannot look after someone to the best of your abilities if you yourself are not well.
He trained as an executive coach and has a particular interest in financial wellness for doctors.
He is married with 2 boys, which is why he’s not living a degenerate life in Las Vegas and loves playing poker and fine single malt Islay whisky.
John Scott is an emergency physician working on the central coast of NSW.
A naturally optimistic, outgoing and energetic person he was quite shocked to find himself burnt out and depressed at the end of his advanced training in emergency medicine. To overcome this unpleasant condition much research and soul searching has lead to John’s passion for mindfulness meditation, the field of positive psychology, the many benefits of regular exercise (Crossfit and surfing) and other practices that lead to personal and institutional resilience, personal growth and movement towards our peak performance.
John runs a wellbeing program at Gosford Hospital Emergency Department and is currently undertaking a diploma in positive psychology and wellbeing.
With Dr Jules Willcocks, Emergency Physician and Director of Prevocational Training at Gosford Hospital, New South Wales, Australia.
Financial wellness is a concept that allows an individual to live their life without the constraint of money. It requires introspection, goal-setting and clear planning from small-scale day-to-day finances, to longer-term investing. It is linked with income protection insurance, which provides a guarantee of cash-flow in the event of illness or injury and allows for the exploration of passions, whether they be medical or non-medical.
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