Inside Dr. Nyamurungi's Finances: Burnout, Bills & Breakthrough

What does it really cost to be a doctor in Uganda? In this episode of Financially Incorrect: Uganda Edition, Dr. Tumusiime Nyamurungi takes us inside the world of medicine, where long hours, low pay, and expensive training collide with the pressure to stay financially afloat. From working exhausting 12‑hour shifts to paying millions in residency fees, she reveals how the pursuit of purpose often comes at a heavy price. Dr. Nyamurungi opens up about earning 21 million shillings in a year and ending up with just 1.5 million in savings, a turning point that pushed her to take control of her finances. She shares how she rebuilt her money mindset with the help of a financial advisor, started investing intentionally, and learned to prioritize health insurance after seeing how one medical bill can wipe out years of savings. This conversation dives deep into the emotional and financial toll of being a healthcare worker. From the realities of hospital bills that can hit millions per day to the discipline it takes to build wealth in a demanding profession, it’s an honest look at burnout, balance, and the breakthroughs that come when you finally decide to treat your money like your most important patient. 0:00 – Intro 1:16 – Meet Dr. Nyamurungi 2:05 – Why medicine doesn’t make you rich (at least not fast) 5:48 – How financial advisors changed her mindset 10:02 – Why doctors struggle to talk about money 15:15 – The moment she realized passion doesn’t pay bills 20:07 – The heartbreaking reality of money in hospitals 22:30 – "We can’t save you without payment" — the limits of care 24:08 – How doctors cope with losing patients 27:28 – Building emotional resilience in a broken system 27:50 – Watching wealth vanish: lessons from others’ mistakes 29:59 – How her parents shaped her money habits 31:24 – Learning money discipline through observation 33:37 – Her mum’s best money advice: "You don’t need to earn a lot to grow wealth." 36:16 – Her happiest money memory growing up 37:43 – Why her dad wanted her financially independent from men 39:53 – How money lessons differ for sons and daughters 41:38 – When she started earning money 49:03 – Her career journey and financial turning point 58:20 – What financial independence looks like for doctors 1:05:42 – Finding peace with money and purpose 1:11:33 – Wrap-up