#25: Biggest Money Mistakes I have Made as a Nurse

#25: Biggest Money Mistakes I have Made as a Nurse

Author: Ellaine Maala June 24, 2024 Duration: 20:30

June 18 2024  Episode 25: Biggest Money Mistakes I have Made as a Nurse

If you want to sign up for my free investing class, REGISTER HERE.

In this episode, I talked about biggest money mistakes I have made as a nurse. We all make financial mistakes but it's a good way to share them to other people so we can all learn from each other. I share with you 6 of my mistakes including taking our my retirement money and spending it on a purse. I also talked about not tracking your expenses which will make you feel lost in your financial freedom journey. There are a lot of mistakes that I made financially - but it has made me into the person that I am now. I have built a 1M net worth in the last 13 years of being a nurse and aggressively investing in the stock market.

FOR FINANCE TRACKERS: Here are the apps I use: EMPOWER | Monarch Money

 If you want to sign up for my free investing class, REGISTER HERE.

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. 


Ellaine Maala, a registered nurse and finance educator, hosts the Wealthy Nurse Podcast: Money, FI, Investing for Nurses. She speaks from a place of genuine understanding, navigating the unique financial pressures and irregular schedules that come with a nursing career. This isn't about generic money advice; it's a focused conversation on building security and freedom specifically for healthcare professionals. Episodes delve into practical strategies for investing in stocks and real estate, alongside exploring entrepreneurial paths for nurses looking to create their own businesses. The dialogue centers on achieving financial independence-whether that means designing an early exit from traditional work or gaining the confidence to continue in a beloved career without monetary stress. Through straightforward discussions and relatable stories, this podcast provides a resource for nurses ready to transform their financial knowledge into tangible wealth. It’s a space where clinical expertise meets financial literacy, all aimed at expanding what’s possible for nurses beyond their shifts.
Author: Language: English Episodes: 73

Wealthy Nurse Podcast: Money, FI, Investing for Nurses
Podcast Episodes
#12: Workplace Violence & Why You Need "F U Money" as A Nurse [not-audio_url] [/not-audio_url]

Duration: 18:14
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…
#9: Side Hustles for Nurses that You Can do to Make Extra Money [not-audio_url] [/not-audio_url]

Duration: 25:11
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…
#6: Three Investments to Make if you have $1000 Now [not-audio_url] [/not-audio_url]

Duration: 17:43
February 19, 2024 Episode 6: Three Investments to Make if you have $1000 Now In this episode, Ellaine talks about what would be the best investment if you are starting out in your investing journey as a nurse. If you hav…
#5: Five tips on how you can invest your first $100k as a nurse [not-audio_url] [/not-audio_url]

Duration: 17:08
February 12, 2024 Episode 5: Five Tips on How You can Invest Your First $100k as a Nurse In this episode, Ellaine talks about why the first $100k invested is the hardest - and she shares 5 tips on how you can invest your…
#4: Here is why you can't retire as a nurse just by saving money [not-audio_url] [/not-audio_url]

Duration: 13:43
February 5, 2024 Episode 4: Here is why you can't retire as a nurse just by saving money In this episode, Ellaine talks about saving vs investing for your retirement. You can't save your way to your retirement. She also…
#3: Why I like investing in the Stock Market as a Nurse [not-audio_url] [/not-audio_url]

Duration: 17:43
January 29, 2024 Episode 3: Why I like investing in the Stock Market as a Nurse In this episode, Ellaine talks about the reasons why she invest in the stock market. She talks about real estate investing vs stock market i…