Blog
10 Investments for CRNAs to Build Wealth
There are many places to send your hard earned dollars. I have identified 10 quality candidates that will strengthen your financial health.
5 Reasons CRNAs are Bad with Money
High earning medical professionals meet the stereotype of being bad with money. As with most stereotypies, there is an element of truth at play. Find out where I see most CRNAs making a wrong turn, thus inhibiting their own financial success.
Winning isn’t Easy: Don’t Conceal Effort
Few things irk me more than others thinking my successes came easily. It’s not all unicorns and rainbows. Unfortunately, the “good” are often accompanied by the difficult, unpleasant, and undesirable.
W-2 vs 1099
Understand what it means to be a W-2 employee or a 1099 independent contractor. Which do you take if offered a choice? They both have pros and cons. Decide what works best for your lifestyle.
The Financial Impact of Personal Decisions
Personal decisions greatly influence our financial wellbeing whether we want them to or not. Like opportunity cost, the long-term cost of personal decisions seemingly unrelated to money greatly impacts our financial status.
Credit Scores 101
As it sounds, this is a credit score overview. What is it? Is it important? How to improve my credit? Why does it matter? Read to learn everything you need to know about credit scores.
5 Steps to Avoid Living Paycheck-to-Paycheck
It is all too common to see high-income earners living paycheck-to-paycheck. If you find yourself here, start the life-changing journey today. One small step at a time. It’s not easy to turn things around, but it is well worth the effort.
Buy that Latte. Eat Avocado Toast
Take a 10,000-foot view of what actually influences your financial progress as a high-income earner. It’s senseless to sweat the small stuff when major expenses are overinflated and causing true harm to the budget. Live a little and enjoy that morning coffee.
Be Responsible, Be Insured
A vanilla, but necessary topic of discussion. Don’t overlook insurance coverage. It’s part of the financial plan to prepare for the worst including career altering or life-threatening events. Give a read, thought, and comment.
Strategies to Increase Income
The world is not enough. Despite earning more than enough to live a comfortable life, we always end up wanting more. Give a read if you are looking for ideas.
Pitfalls of Wealth Accumulation
Living paycheck to paycheck on a CRNA salary is easier than one might think. Avoid these bad decisions to ensure your escape from the rat race. We have a great profession, but it’s nice to have an exit plan.
Money Really is Everything
Deny as you will, money influences almost everything around us. Money influences where we are, what we do, who we associate with, and the available opportunities. A polarizing title topping a cliché-filled post.
Contract Negotiations: Maximize your Compensation
Six-figures over 3 years. My contract increase via negotiation. Negotiation is not thievery, but rather the agreement reached through discussion. Both parties come out ahead and feel like winners using the techniques discussed by an FBI negotiator in his best selling book.
Breaking Barriers: It’s Taboo to Talk Money
Money is a taboo topic no question about it. But should it be hidden away and kept to ourselves? There are advantages and disadvantages of breaking this barrier.
Factors of Wealth Building: The Maintenance Phase
If you reach financial independence, do your best to keep it. Nothing worse than starting over. Read about factors to consider when maintaining your nest egg for the long run.
Factors of Wealth Building: The Accumulation Phase
There are two phases of wealth building and this article speaks to the “accumulation phase.” How to grow a money tree that produces enough fruit to support your way of life.
Compare Job Offers: A Spreadsheet to Compute Hourly Earnings
It’s tough to compare job offers. Some have a high base wage — others, great benefits. Are you okay taking call? Do they expect 30 hours per week or 60? There are so many variables when comparing contracts. I found hourly earnings to be the equalizer when I was going through various offers. Check out the spreadsheet to run the numbers for yourself!
Manage a Major Purchase: Conquer with these Considerations
Ah, the daunting task of tackling a major purchase without feeling like you are taking three steps back furthering your financial goals. House, car, or camper they are all a lot to stomach, but it can be done.
Asset Allocation: Keep it Simple
Professionals tend to complicate asset allocation even when a few simple investments keep up with the pros.
The Psychology of Money
The behaviors and mindsets that influence financial outcomes. Success is in the eye of the beholder.