#50: Is Nursing a "Recession Proof" Profession?! What should you do as a nurse during market downturns

#50: Is Nursing a "Recession Proof" Profession?! What should you do as a nurse during market downturns

Author: Ellaine Maala March 8, 2025 Duration: 19:17

Episode 50: Is Nursing a "Recession Proof" Profession?! What should you do as a nurse during market downturns

In this episode, I talked about recession. Is nursing a recession proof profession? The current landscape of our economy, politics and markets is very volatile w/ signals of recession coming or already here. I talked about why nurses are NOT safe during these time and shared ways on how you can prepare for a recession as a nurse. I talked about stock market crashes and how it's a normal part of investing. 

 

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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

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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: 50

Wealthy Nurse Podcast: Money, FI, Investing for Nurses
Podcast Episodes
#83: being wealthy is not strategy.. it's identity (let me explain) [not-audio_url] [/not-audio_url]

Duration: 16:31
Wealth Isn’t a Strategy—It’s an Identity (Money Mindset for Nurses) I share a personal lesson that took me years to understand: being wealthy isn’t just about strategies—it’s an identity shift. Even if you know what a Ro…
#82: Money Advices I hear that are BAD for nurses [not-audio_url] [/not-audio_url]

Duration: 15:54
4 Common Money Tips That Don’t Work for Nurses (and What to Do Instead) I’m Ellaine, a nurse practitioner of 15+ years behind Nurse Who Invests, and I’m breaking down popular money advice that’s well-intentioned—but ofte…
#81: Where to Invest your Money as a Wealthy Nurse (in order) [not-audio_url] [/not-audio_url]

Duration: 20:01
In this video, I explain why the order of investing matters for nurses with limited monthly income and outlines a five-step framework that prioritizes free money, tax-advantaged growth, and then taxable investing. 00:00…
#80: 5 MONEY habits that I wish I knew in my 20s as a Nurse [not-audio_url] [/not-audio_url]

Duration: 16:09
In this video, I shared five small “boring” habits she built in my early 30s that shifted myself from feeling anxious about money to feeling calm and financially free, emphasizing that strategy fails without habits. Thes…
#79: Types of FI (Financial Independence) and How you can pick yours [not-audio_url] [/not-audio_url]

Duration: 20:59
5 Types of Financial Independence Nurses Should Know (Find Your Real FI Number) Ellaine, a nurse with over 15 years of experience behind Nurse Invests, explains that many nurses chase the wrong retirement number because…