Wealthy Nurse Podcast: Money, FI, Investing for Nurses

April 26, 2024 Episode 16: Finance Tips for New Grad Nurses & What to do with $5000 ft. Rachel Neill RN

If you want to learn how you can win $5000 for Nurses Week 2024 hosted by Vivian Health  - CLICK HERE

In today's episode I talked with Rachel Neil, RN - Sr Clinician Advocate at Vivian Health and we talked about the challenges that new grad nurses face financially. We also talked about  what nurses can do with $5000 including: funding their emergency savings, pay off student loans from nursing school or invest it. I talked about what you account you can open for investment as a nurse and what to buy inside that account. 

National Nurses Week is May 6-May 12, 2024. It was established in 1954 as a way to honor nurses and their contributions to society. Every year, brands associated with nursing (including Vivian Health) run weeklong campaigns to drive engagement with nurses and provide exclusive benefits. By participating in an established event, we’re able to increase traffic to Vivian, drive engagement with HCPs, and improve brand awareness. This year's theme is financial wellness, nurses entering to win the award would have the chance to win 5K to use to help pay their student loan debt to then help them invest!  TO JOIN : The Vivian Nurses Week Leadership Award

If you want to learn how to invest in index funds: READ THIS BLOG POST

EMPLOY YOUR MONEY COURSE (investing course for nurses)  is now open for enrollment.

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

SHOW DISCLAIMER: This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

April 22, 2024 Episode 15: Do You Need a Financial Advisor as A Nurse? Retirement Planning with Rizek Housari CFP

In today's episode, I talked with a CFP (Certified Financial planner) and CPA (Certified Public Accountant) Rizek Housari about Retirement Planning for Nurses. I asked Rizek the struggles of most of his clients who works in healthcare when it comes to finances. He gave tips for those who want to get started with retirement planning including: Life insurance (what they are and do you need them?), Index Funds Investing, good financial foundation. We also talked about what to look for in a Financial Advisor. 

Disclaimer: Rizek was from Palestine *so the war happening at Palestine is also talked about in episode.  

How to connect with Rizek: Tiktok

RESERVE YOUR SEAT in my next free investing class: Stock Market Investing 

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

SHOW DISCLAIMER: This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

April 15, 2024 Episode 14: What to Do When The Stock Market Crashes?

In today's episode, I talked about  what you can do when the stock prices go down? I talk about stock market crashes in history and tips on how you can survive this part of the normal market cycle. When investing in the stock market as a nurse, you need to think LONG TERM. i talked about how the current geopolitical issues, earnings & job market affects the prices of stocks. 

RESERVE YOUR SEAT in my next free investing class: Stock Market Investing 

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

 April 8, 2024 Episode 13: The Investment Account that Nurses Should Have to be a Tax Free Millionaire

In today's episode, I talked about  the investment account that nurses should have to have tax-free retirement. I talked about how investing works in the most simplest way that a nurse could understand. I talked about investing brokerage firms, investment accounts and investments. I talked about what the benefits are of having a ROTH IRA. I talked about the rules and limits of this specific investment account. There are so many nurses who rely SOLELY on their employer sponsored accounts and does not really utilize other investment accounts. ROTH IRA is a great addition to your retirement planning and should have as a nurse. 

If you want to learn more about what different accounts are out there for you to open:  READ THIS BLOG POST.

RESERVE YOUR SEAT in my next free investing class: Financial Independence through Stock Market Investing

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

 April 1, 2024 Episode 12: Workplace violence and Why you need "F U Money" as a Nurse

In today's episode, I talked about the concerning data and reality of workplace violence in healthcare especially among nurses. This is a very important topic that needs to be covered and addressed. I also talked about the importance of financial stability and the concept of having F U Money as a Nurse. Everyone needs F U Money- but as nurses working in a high burn out profession, having financial stability  is almost a necessity. I talked about the importance of having this fund and how you can start saving up for this. 

If you want to learn more about where you can store your money for short term goals, READ THIS BLOG POST.

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

 March 25 2024 Episode 11: Passive Real Estate Investing using Syndications with Savannah Arroyo RN

 In today's episode, we are joined by Savannah Arroyo, also known as Networth Nurse. She is a nurse, mom, real estate investor , business owner and also has the passion to teach healthcare professionals about financial literacy and investing. Savannah is an expert in real estate syndications and has been an operator for a few years now along with her team. We talked about ways on how you can invest passively as a nurse in real estate. I also talked about the pros and cons of this investment.

If you're interested to talk with Savannah and learn how you can invest in real estate syndications, you can connect with her at: 

If you're interested to learn about REITS, you can  RESERVE YOUR SEAT in my free investing class: Stock Market Investing for Nurses

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

 March 18, 2024 Episode 10: 3 Factors that Affect Nursing Salary: How to Manage Your Money Better as a Nurse

There is a lot of discrepancy with nursing salary online - I talked about the reasons why there are broke nurses and rich nurses. I also talk about the importance of financial awareness and what you can do right now to start managing your money better as a Nurse. This episode is actionable and helpful so you can get started with being the rich nurse that you deserve. 

Track your Finances by using: EMPOWER (Formerly Personal capital) 

Read my blog post on HOW TO MANAGE YOUR MONEY AS A NURSE

 RESERVE YOUR SEAT in my free investing class: Stock Market Investing for Nurses

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

March 11, 2024 Episode 9: 5 Side Hustles for Nurses Who Want to Make Extra Money

In this episode, I will share with your side hustle ideas that you can do as a nurse while you work your full time job. I also talked about why you need a side hustle and what you can use this extra money for. Side Hustles are great to have that extra money to pay debt, fund emergency fund and also to fund your investments. 

RESERVE YOUR SEAT in my free investing class: Stock Market Investing for Nurses

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

March 4, 2024 Episode 8: The most important trait you need to have to be a successful investor

In this episode, I wanted to share a story that taught me a big lesson when it comes to investing. Whether you are investing in assets like stock market, real estate or even in your business.. in yourself. You need this ONE TRAIT to be successful. It is a trait that I constantly have to work on and still working on to this day. I also shared 3 tips to cultivate this trait as you become a nurse investor. 

 Learn how to invest in index funds by downloading this ebook

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own. 

February 26, 2024 Episode 7: How I make Money While I Sleep as a Nurse- 3 Ways to get Passive Income

In this episode, I talk about active vs passive income as a nurse. I shared with you the 3 ways that I create passive income. Passive income is great way to make extra money while you sleep as a nurse, making your money work and for you to create financial freedom. I also talked about how we all strive for time freedom and that is why we make more money and invest. 

To download the FREE passive income guide- Go HERE

 Learn how to invest in index funds by downloading this ebook

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of Nursing Flowsheet LLC, which is a finance and career blog for nurses. This podcast is created to help nurses build wealth through investing in the stock market, real estate or in their own businesses.

Nurses deserve options whether they want to retire early or work until retirement.

If you want to connect with Ellaine, follow her on:

Instagram: @nursewhoinvests

TikTok: @nursewhoinvests

Blog: nursingflowsheet.com , nursewhoinvests.com

Download my free money guide HERE

“Stay Hydrated and Stay Invested!” - your rich nurse bestie

DISCLAIMER: 

This show may contain affiliate links or links from advertisers where we earn a commission, direct payment or products. Information shared on this podcast is for entertainment purposes only and should not be considered as professional advice. The views and opinions expressed by guests on this platform are their own and do not reflect the views or opinions of the institutions with which they are affiliated. Any information provided by guests is intended for informational and discussion purposes only. It is important to note that individual perspectives may vary.  The hosts and the platform do not endorse or validate the opinions expressed by guests regarding their respective institutions. Listeners are encouraged to independently verify any information provided and to form their own opinions based on a comprehensive consideration of various perspectives. Opinions are our own.