Money Management
This week I discuss 7 ways for CRNAs to unlock their full earning potential as a high-income provider. Discover actionable strategies to boost your income, from mastering negotiation tactics and upgrading your job, to maximizing overtime, specialization, and exploring lucrative locum opportunities. Leverage retirement benefits and invest both inside and outside your clinical practice.
Whether you’re seeking financial independence or simply want to make smarter money moves, this post breaks down practical steps to grow your wealth without sweating the small stuff.
Understand the importance of starting early, maintaining discipline, and leveraging the long-term average returns of the stock market. Whether you’re a young professional just beginning your financial journey or a seasoned investor looking to optimize your strategy, this entry offers practical insights for maximizing your investment potential. Use this data-driven advice on building wealth through the S&P 500, this blog entry provides the clarity and motivation needed to take the next step toward your financial goals.
The time value of money relates to a dollar today vs a dollar tomorrow. How to handle opportunity cost, investing, and inflation to maximize the time value of your earnings. Don’t allow you buying power to needlessly erode.
Discover the five most common financial mistakes that can hinder your path to financial success. Avoiding these pitfalls is essential for building lasting wealth and security.
By recognizing and addressing these common financial errors, you can take control of your financial future and achieve your long-term goals.
Find out why your savings rate massively impacts your time to financial independence. This blog discusses one of the most profound aspects of personal finance. Learn your current FI trajectory with the included tables.
Millionaires at age 30. Not too bad. Read to find out how we did it.
Here are 5 financial setbacks I have experienced. This is a good read and an opportunity for reflection. Maybe these apply to you without your knowing.
Discretionary spending is a reality. Being aware of its impact plays a significant role in personal finances. This entry is about making the most of your discretionary allotment.
Loud budgeting is a social media trend I can support. It’s finally stylish to be financially responsible. There are many ways to join the trend.
If you are looking for a beginning to your personal finance journey, look no farther. I’ll give you the first few steps to be on your way in no time, but they might not be what you were expecting.
Financially Independent, Retire Early. Sounds nice right?! It’s a financial movement you need in your life whether you are just starting out or closing in on retirement.
Financial success doesn’t happen by accident. Read about the conscious decisions we made to ensure this goal was met. And not only met, but exceeded.
CRNAs and high-income earners are not immune to financial troubles. Financial success doesn’t happen by accident. Financial literacy forms the foundation of any financial plan.
Financial success does not materialize without financial literacy. This blog entry boils down financial literacy to just a few points that fit on a sticky note. And I included resources for more detailed information.
A short read about the 2023 and 2024 Tax Brackets.
I’m not opposed to spending money, but when I spend, I do so intentionally. I make it worth it. I drink the juice worth the squeeze.
5 ideas to decrease monthly expenses while attaining the lifestyle you desire.
Put your house in order before you expect to make change in the world. Personal finance is your financial house. The foundation of your financial success. Don’t overlook the first step or risk stumbling on your climb to financial freedom.
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.
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.
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.
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.
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.
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.
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.
The behaviors and mindsets that influence financial outcomes. Success is in the eye of the beholder.
Student loans are a reality of most high opportunity cost professions. How student loans are handled determines financial success.
Where to send your dollars each month. Better yet, how much to spend and how much to invest.
Use The 4% Rule to determine when you can safely and comfortably retire full time.
Discover what the TFC financial situation looks like after 3 years of giving anesthesia. We have made some major life changes including transitioning from DINK status, starting locum work, and investing like mad. This is an update from the July 2024 post where the TFC family first achieved millionaire status. See how much progress we have made in the 12 months following.
Learn the TFC work setup, investment accounts, and investment selections.