Being a locum has many advantages: greater flexibility, autonomy and variety. But there are some disadvantages too: peaks and troughs in income, difficulties with getting a mortgage and uncertainty about your financial situation if you fall ill or die, to name just a few. Modern life can compound matters too.
A recent report has found that 1 in 4 families are now single parent households. Sadly, being a GP doesn’t make you immune to such statistics either and increasingly I am being asked for advice about this very situation.
But fear not. Here are my five tips to make your finances as a locum run more smoothly in the future.
