Wealthy Nurse Podcast: Money, FI, Investing for Nurses

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 they don’t realize there are five different versions of financial independence, each with different timelines and targets. She defines FI as having investment income cover l...

What Retirement Really Means for Nurses (Retire Early Without Quitting Nursing)   Elaine, a nurse of 15+ years behind Nurse Who Invests and Nursing Flowsheet, films from a Baltimore hotel during a conference to redefine what “retirement” means for nurses pursuing financial independence.       00:00   The Big Retirement Question 01:15  Intro 03:01   Why Tradi...

How Much Should Nurses Invest for Retirement? (By Age)   I talked about how much your should be investing at every age. 00:00 Nurse Investing Wakeup 01:18 Why Nurses Need More 03:15 Four Numbers Framework   05:33 Foundation Years 25-30 07:55 Acceleration Years 30-35   09:08 Double Plans 403b 457 10:10 Peak Earnings 35-40 11:39 Mega Backdoor Roth 15:27 Catch Up Years 40-45 16:51 Benc...

  Too Late to Start Investing as a Nurse? Why Your 30s & 40s Are the BEST Time I’m Ellaine, a nurse practitioner and financial educator behind Nurse Who Invests, and I’m sharing why starting to invest in your 30s or 40s isn’t a financial disaster. I explain how I didn’t invest until I was almost 30, after spending my 20s traveling, leasing an expensive car, and accumulating about $10,000...

      I talk about why many nurses can earn $80k–six figures and still feel stuck living paycheck to paycheck, and I explain that it’s not a personal failure but a system and strategy problem. I share my experience as a nurse of 15+ years and break down three main issues:     explain how learning my Coast FI number changed my relationship with overtime and risk-taking, and...

  In this video, I explained that your Coast FI number and timeline aren’t fixed and shares five nurse-specific strategies to accelerate Coast FI by pulling three levers: 00:00  Coast FI Isn’t Fixed 01:03  How Coast FI  Works   02:17  Tip 1 04:36  Tip 2 07:38  Tip 3 10:44  Tip 4 16:14  Tip 5 20:08  Stack Strategies and Recalculate 21:42  ...

Coast FI Calculator: https://nursingflowsheet.com/coast-fi-calculator-financial-freedom-for-nurses/ ➤ Free Investment CHEAT SHEET: https://www.nursewhoinvests.com/starter ➤ Nurse Money Starter Kit with 40% off for youtube viewers: https://www.nursewhoinvests.com/offers/ty7TNPpx?coupon_code=IG40  Free Investing Class: https://www.nursewhoinvests.com/class   I explain Coast FI for nurses—t...

A full-time nurse practitioner shares the real, non-glamorous story of building Nursing Flowsheet, an educational platform helping nurses build wealth, while working 4–5 days a week and raising a family. She explains how feeling capped by trading time for money led her to start creating finance content in 2020 and later launch paid digital products, including her signature program “ Employ your Mo...

Nurse Taxes 101 (2026): How W2 Nurses Can Keep More of Their Paycheck   Ellaine, a nurse practitioner and financial educator behind Nursing Flow Sheet, explains why many W2 nurses feel paycheck-to-paycheck and breaks down U.S. taxes in a simple 2026 update. She clarifies the progressive tax system, emphasizing that being in a higher bracket doesn’t mean all income is taxed at that rate, so ea...

I Missed Weeks of Posting… Here’s Why Money Systems Matter More Than Willpower   Elaine, a nurse practitioner and certified financial educator, shares an honest update on why she paused the Nurse Money Project after planning to post weekly: work and family got busy while she adjusted to being a solo income earner in the Bay Area. She explains that despite the break, her money system kept work...

Is Financial Independence Possible for Nurses?   Ellaine, a nurse practitioner and financial educator, discusses the possibility of financial independence for nurses through the FIRE (Financial Independence, Retire Early) movement. She addresses common misconceptions about the need for extreme frugality and quitting work entirely. Instead, Ellaine emphasizes that financial independence grants...

Understanding Financial Peace: Why More Income Isn't the Solution for Nurses       In this video, Elaine, a nurse practitioner and financial educator, candidly discusses the common misconception that earning more money solves financial issues. Drawing from her own experience, she reveals how increasing income didn't alleviate her financial anxiety and argues that proper money manage...

How I Invest as a Nurse Practitioner: My Strategy for Financial Freedom   In this video, I share my personal investment strategies as a nurse practitioner living in the Bay Area. I discuss the importance of building automated systems over picking stocks and timing the market. I outline the three main investment accounts that I use: my employer-sponsored 403(b), a Roth IRA, and a taxable broke...

Creating Financial Systems for Nurses: Budgeting Without Micromanaging In this video, I share how nurses can achieve financial freedom by setting up automated money management systems instead of traditional, restrictive budgets. I discuss my paycheck routine, including having a main landing account, automating investments and bill payments, and using credit cards responsibly. I'll show you how the...

In this video, I reveal the key mindset shift that changed everything for me and countless other nurses regarding money. I'll discuss how the beliefs we grow up with can affect our financial decisions and how you can transition from a scarcity mindset to an abundance mindset. I'll also highlight the importance of designing your own financial systems to ensure your money works for you, helping you...

The Nurse Money Project: My Journey to Financial Freedom   In this episode, I kick off the Nurse Money Project—a 12-week series aimed at helping nurses achieve financial freedom. I share my personal journey, from growing up in the Philippines with little financial knowledge to becoming a financially free nurse in the U.S. I discuss the cultural taboos around money, my family's immigrant exper...

FREE INVESTING CLASS:   Enroll Here   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 the...

The Wealthy Nurse Podcast: Expanding Beyond Stocks   In this debut episode of The Wealthy Nurse Podcast, the host announces the rebranding of the former 'Scrubs and Stocks' podcast to a broader platform that will encompass a variety of topics aimed at helping nurses build wealth. While continuing to share insights on stock market investing, the podcast will now also cover salary negotiations,...

Achieving Financial Freedom as a Nurse: A 15-Year Journey of Salary Progression and Smart Investing       Ellaine, a nurse practitioner and founder of Nursing FlowSheet, discusses her 15-year journey towards financial freedom and the importance of combining income growth with investing. She shares her personal salary progression from a bedside ICU nurse earning $28 per hour to a nur...

Staying Grounded: Navigating Financial and Mental Health in Uncertain Times In this video, I address the unease many of us feel in today's world, from economic instability to social division. If you've been overwhelmed by inflation, political shifts, or global tensions, you're not alone. I discuss the 'Fourth Turning' theory, a historical concept that helps explain our current period of upheaval a...

Unlearning Money Myths: A Nurse's Journey to Financial Freedom     In this episode I share with you my journey to financial freedom by debunking common money myths that held me back. It is important to unlearning beliefs such as working overtime to get rich, the necessity of homeownership, and the misconception that investing is only for the rich. I also emphasized the&nbs...

Yes, im still here and will not go anywhere.  here is some updates after a 3 month break from recording podcast episodes and busy "lifing" w/ moving and starting a new nurse practitioner job.   FREE INVESTING CLASS.   Register Here If you want to learn about FI/RE movement,   Register Here to access the FI/RE for Nurses Workshop Replays + bonuses   Scrubs and Stocks Podcas...

Why I Quit My Nurse Practitioner Job After 5 Years   In this video, I share the emotional journey and reasons behind my decision to quit my stable and well-paying job as a nurse practitioner. Despite loving the job and my colleagues, I chose to seek growth opportunities, better pay, and improved living conditions for my family by moving to the Bay Area. I also highlight the importance of fina...

In this episode of the Scrubs and Stocks podcast, we delve into the recent performance of the stock market in 2025, specifically focusing on the importance of maintaining long-term investments rather than attempting to time market fluctuations. The S&P 500 has experienced a volatile first quarter, rebounding from a sharp decline. Practical advice is provided on strategies such as dollar-cost a...

  The Truth that you need to hear about Nurses Week   In this episode, the focus is on what nurses truly need beyond the superficial gifts of Nurses Week. I talked about the importance of financial independence for nurses, sharing my personal journey into investing and the significant role it played in improving my job satisfaction and career options. I highly encourage nurses to focus o...