Five financial tips 
for GP locums

10th September 2018 by Nigel Farrar

Five financial tips 
for GP locums

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.

1. Who’s going to look after you and your family financially if you fall ill and can’t work or you die?

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"We have used LocumDeck for a number of months now and find it really useful when booking locums. You can see the availability of GPs, their documents are all loaded on the site and you can book instantly – it takes minutes to do. There are also no expensive locum agency fees to pay – just the GP’s actual payment. It's quick and hassle-free."

Lesley Munro-Faure, Managing Partner at Unity Health, York

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