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Travel nursing has been around forever. It’s been a way of life for many nurses who simply didn’t want to be tied down to one hospital system forever.
But for nurses just getting into the game in the wake of the Covid pandemic, shocks with the fluctuation of pay sent as many back to staff nursing as came for travel.
Oftentimes those nurses were barely any better off financially then when they began to travel. They still have debt, still have little investments or retirement savings and more often than not a brand spanking new car payment that their staff nurse salary can’t support.
So what's the issue at hand here?
The issue is that those travel nurses didn’t leverage the 5 shifts that our clients do everyday.
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE FINANCIAL ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
You never know when life is going to hit you with a curve ball that throws you off track. Especially when you’re on the journey of building your wealth, these curveballs can quickly set you back to square one. 😔
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE FINANCIAL ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
I know when you’re working contract to contract, you’re usually on your own when it comes to investing for retirement.
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE FINANCIAL ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
When you’re less than 10 years from the start of your career, it can be hard to think about how much to save or what you should be saving for. 🤔 No worries, you’re not alone, I hear this all the time. But, there’s no simple solution because like all good financial advice, it depends on your specific situation.
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE FINANCIAL ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
One of the major topics I keep seeing around the Travel Nurse community is the confusion around tax homes. I know we’re all about that tax-free stipend, but in order for your stipend to remain tax-free, you need to have an established tax home, and you’ve got to be able to duplicate your expenses.
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE WEALTH ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
In our latest episode of the Travel Nurse Wealth Show, we discussed the dangers of bad tax advice.
You can get tax advice from anyone these days, but it’s up to you to make sure that the advice you’re following won’t get you audited by the IRS. 👎
The IRS negligence penalty is 20% of the amount you underpaid on your taxes and along with fees and paying back whatever you misreported - it can really screw you over come tax season.
Staying one step ahead of it will save you money in the long run. 💰
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE WEALTH ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
When it comes to your finances, so many of you are asking the wrong questions. 😬
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE WEALTH ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
Sure, investing is a great tool to use for wealth building - but you can’t rely only on your investment portfolio. A good financial plan makes your money more efficient and incorporates a variety of financial strategies.
You deserve to keep as much of the money that you’ve earned as you can. A good financial plan will get you there.
Read along on my blog: https://www.weshfinancial.com/blog
FOLLOW THE TRAVEL NURSE WEALTH ADVISOR:
Instagram: https://www.instagram.com/thetravelnurseadvisor/
Facebook: https://www.facebook.com/groups/travelfinance
Twitter: https://twitter.com/tvlnurseadvisor
I see too many travel nurses suffering for following this "one-size-fits-all" advice. 😖
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Many travel nurses end up at assignments that they love and want to extend at. But you have to be careful.
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Schedule Your Complimentary Call
Join the Travel Nurse Facebook Group
Watch the Free Masterclass
Learn More About Our Solutions
The podcast currently has 22 episodes available.