Is Medical career in UK superior? Or it only makes you money poor?

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In this video I document every single detail of a junior doctor pay slip. At least to the extent that I've been able to understand the pay slip myself. This pay slip would look very different for a consultant or a fully qualified GP but for average folks like you and me, this video should be a good starting point. We work normal 85 shift and also work antisocial shifts (meaning, shifts which take you away from the time you'd have spent socializing or sleeping). All this gives us basic income and then some more. So after all that income combined, we discuss taxes, national insurance, pension and debts that are deducted from our income every month. Technically I don't even like to think of taxes as anything bad or a loss of my income. I have arranged my mindset in a way that the gross pay before taxes is just an imaginary number and I am never going to get that number simply. It's only when I would start a business that I would crib about my income being lost in taxes because every bit of that money was something I worked hard to earn from my clients (by quoting/negotiating/bargaining etc.). Such a concept doesn't apply to employees.

Hopefully you come out learning something about our pay slip as well as seeing how well you can expect to earn in your future years working as a doctor in the UK.

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CHAPTERS ⬇
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0:00 Intro
0:43 My Salary (but not final earning)
1:09 Why a junior doctor should watch this video
1:37 Basic salary for all doctors
2:22 What is basic salary
2:52 What is the pay for antisocial hours?
4:18 My Pay slip
4:36 My Income section
4:55 Basic Pay hours
6:09 Additional Roster Hours
6:46 Night Duty
8:22 Weekends
9:12 Summary of income (+Taxman guest appearance)
10:26 Deductions
10:36 PAYE
11:04 UK Income tax brackets
12:42 National Insurance
13:12 NHS funding
14:40 National Insurance Brackets
15:07 Pension (+Old Abhinav guest appearance)
18:47 CRB Enhanced check
19:41 Net effective income
20:14 Bills and savings
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‍⚕ Who am I?
I'm a butterfly, sugar
I fly when I slip on butter
My name is Abhinav Kumar. I am a junior doctor (means any doctor who has not yet got the full license to practice independently, aka someone who is not yet a "Consultant") working in the UK. I did med school from India and got MBBS degree from Kasturba Medical College, Mangalore in 2020. Then I spent 2 years during COVID working on PLAB exams which are like USMLE but for the UK. I eventually got a job in the UK and now I am working fulltime as a doctor, with YouTube on the side for fun and information sharing.
Thanks.

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