Financial Independence for Nurses

Financial independence for nurses

The nursing workforce consists of 3+ million nurses. Nursing jobs are expected to increase above average in the future. Nurses make an average salary of $73,000 per year or $35.24 per hour.  Is financial independence possible for a nurse? The simple answer is YES! Nurses are a broad, diverse group, so the long answer is … Read more

FI Update – May 2020

MayUpdate

Our last FI update was in November 2018 with a net worth of $90k. I haven’t updated out FI progress because I’ve been hesitant to put our financial net worth out there for everyone to see. Personal finances feel very personal, but I know my favorite blog posts are the FI progress numbers. It’s always … Read more

Free DIY Investing for Nurses

diy investing for nurses

A basic premise of investing is to sell high and buy low. That premise generally goes against our gut urges. Human nature has a strong urge to sell your investments when they are not doing well especially when they don’t do well over a long time. Creating a plan for investing in stocks and bonds helps balance our gut urges.

7 Steps to Help Nurses Start Investing

investing

Can you imagine a generation of nurses who graduate financially savvy and investment smart? My undergraduate nursing program and my recent graduate nurse practitioner program had ZERO information about personal finance much less investing the money we’d be soon making. We just learned how much student loan we would get with the promise of TONS of good-paying jobs for nurses. Reality is I graduated with too much student debt and no financial advice from my nursing programs.

Financial Independence Update – October 2018

Financial Report 1

We’ve increased our net worth by almost $23k in the past 90 days despite a stock market dip! I’m starting a new rhythm for NurseWorth. Monthly I plan to report to you our progress towards financial independence.