Investing Class for Nurses

#54: 3 Money Lessons on Financial Independence and Retire Early (FI/RE) as A Nurse

In this episode, I talked about  the concept of financial freedom and shares three impactful lessons from my journey as a nurse. I explained what financial independence and the FIRE movement (Financial Independence Retire Early) are, and highlight my achievement of 'Coast FI,' a state where one's investments grow to cover retirement expenses without further contributions. 

The three main lessons shared are: 1) Money is a tool, not a goal, urging listeners to use money intentionally to create the life they want; 2) Investing is more powerful than merely earning more, emphasizing the importance of starting early to take advantage of compound interest; 3) Financial freedom is built on systems, not willpower, stressing the need for automated, consistent financial habits.

If you want to learn about FI/RE movement, REGISTER HERE TO GET EARLY BIRD pricing for my financial independence/Retire early workshop for nurses. (NURSE WEEK SPECIAL)

 

Scrubs and Stocks Podcast is a podcast hosted by Ellaine Maala, RN, NP who is a finance educator, nurse, and owner of NursingFlowsheet 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 checklist on what you need to do before investing: PREREQ CHECKLIST

 

“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.