Wealthy Nurse Podcast: Money, FI, Investing for Nurses

Ellaine Maala
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Wealthy Nurse Podcast (formerly Scrubs and Stocks Podcas)t 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. Money, FI, Investing. for Nurses by a Nurse.

  1. JAN 26

    #70: Is FIRE Movement possible for Nurses? Can Nurses RETIRE EARLY?

    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 more options and flexibility in life, not necessarily an early retirement. She outlines key elements such as math, behavior, and time as crucial for achieving financial goals and highlights the unique challenges nurses face.   Ellaine also shares her personal journey and offers practical advice for fellow nurses seeking financial stability . 00:00 Introduction: Is Financial Independence Possible for Nurses? 00:27 Understanding the FIRE Movement 01:18 Misconceptions About FIRE 03:13 Challenges for Nurses in the FIRE Movement 07:00 The Formula for Financial Independence 12:37 Real-Life Applications of FIRE for Nurses 13:54 Conclusion and Next Steps   Connect with me: Instagram: http://www.instagram.com/nursewhoinvests Website: https://nursingflowsheet.com/ Download MONARCH MONEY: https://monarchmoney.sjv.io/VxYNjk (affiliate link) Budgeting for Beginners: https://nursingflowsheet.com/budgeting-for-beginners/ ➤ Stock Market Investing for Nurses MASTERCLASS (use code:INVESTREADY) REGISTER HERE: https://www.nursewhoinvests.com/investing101 ➤ FREE INVESTING CLASS FOR NURSES https://www.nursewhoinvests.com/class ➤ Subscribe for more videos about nursing, career growth, and financial freedom!

    15 min

  2. JAN 19

    #69: Why making MORE money as a nurse does not always equal Financial Freedom [series 5]

    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 management and systems are more crucial for financial peace. Elaine introduces her 12-week Nurse Money project aimed at helping nurses build wealth through better financial habits and mindset. She emphasizes automating financial decisions, investing wisely, and building a solid financial foundation. Elaine encourages her fellow nurses to shift their focus from merely increasing income to managing their current earnings more effectively for long-term financial stability.     00:00 Introduction: The Surprising Truth About Money 00:33 Meet Ellaine: Nurse Practitioner and Financial Educator 01:02 The Nurse Money Project: A 12-Week Journey 02:25 The Myth of More Income: Personal Experiences 04:50 The Real Source of Financial Stress 07:16 Managing Money: Systems Over Income 10:26 Practical Tips for Better Money Management 13:52 Final Thoughts: Building a Stable Financial Foundation   16:20 Conclusion: Join the Nurse Money Project       Connect with me: Instagram: http://www.instagram.com/nursewhoinvests Website: https://nursingflowsheet.com/ Download MONARCH MONEY: https://monarchmoney.sjv.io/VxYNjk (affiliate link) Budgeting for Beginners: https://nursingflowsheet.com/budgeting-for-beginners/ ➤ Stock Market Investing for Nurses MASTERCLASS (use code:INVESTREADY) REGISTER HERE: https://www.nursewhoinvests.com/investing101 ➤ FREE INVESTING CLASS FOR NURSES https://www.nursewhoinvests.com/class ➤ Subscribe for more videos about nursing, career growth, and financial freedom!

    17 min

  3. JAN 12

    #68: How much I invest and accounts I own to Retire early as a Nurse [series 4]

    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 brokerage account. I also touch on the benefits of each account and how they fit into my overall financial plan. Additionally, I emphasize the importance of consistency over perfection in investing and share how my approach has given me financial flexibility and freedom. Stick around for the next episode where I'll discuss how to increase your income without working more shifts!  00:00 Introduction  00:59 The Power of Automation in Investing  01:20 The Nurse Money Project: A 12-Week Series  02:27 Living and Investing in the Bay Area 03:12 My Simple and Sustainable Investing Philosophy  03:59 Three Key Investment Accounts for Nurses 05:32 Maximizing Retirement Contributions  07:48 The Flexibility of a Taxable Brokerage Account 09:59 Honorable Mention: Investing for Kids 10:39 My Investment Routine and Philosophy 14:53 The Long-Term Goal: Financial Freedom and Flexibility  16:52 Encouragement for New Investors 17:45 Upcoming Topics and Conclusion Connect with me: Instagram: http://www.instagram.com/nursewhoinvests Website: https://nursingflowsheet.com/ Download MONARCH MONEY: https://monarchmoney.sjv.io/VxYNjk (affiliate link) Budgeting for Beginners: https://nursingflowsheet.com/budgeting-for-beginners/ ➤ Stock Market Investing for Nurses MASTERCLASS (use code:INVESTREADY) REGISTER HERE: https://www.nursewhoinvests.com/investing101 ➤ FREE INVESTING CLASS FOR NURSES https://www.nursewhoinvests.com/class ➤ Subscribe for more videos about nursing, career growth, and financial freedom!

    19 min

  4. JAN 5

    #67: How I organize my Money as a Nurse practitioner without budgeting [series 3]

    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 these systems reduce decision fatigue, remove the emotional burden of money management, and ensure stability even in a chaotic life. This is part of my 12-week Nurse Money Project series, and next week, we'll dive into investing for nurses.  00:00 Introduction: Why Traditional Budgets Fail 00:42 Meet Elaine: Nurse Practitioner and Financial Educator 01:37 The Problem with Traditional Budgeting for Nurses 03:25 Elaine's Core Beliefs and Money Systems 05:00 Step-by-Step Paycheck Routine  06:44 Automating Your Finances 10:34 Intentional Spending and Credit Card Utilization  14:28 Creating a Simple Action Plan 15:40 Conclusion and Next Steps Connect with me: Instagram: http://www.instagram.com/nursewhoinvests Website: https://nursingflowsheet.com/ Download MONARCH MONEY: https://monarchmoney.sjv.io/VxYNjk (affiliate link) Budgeting for Beginners: https://nursingflowsheet.com/budgeting-for-beginners/ ➤ Stock Market Investing for Nurses MASTERCLASS (use code:INVESTREADY) REGISTER HERE: https://www.nursewhoinvests.com/investing101 ➤ FREE INVESTING CLASS FOR NURSES https://www.nursewhoinvests.com/class ➤ Subscribe for more videos about nursing, career growth, and financial freedom!

    16 min

  5. 12/29/2025

    #65: Changing your Money Mindset to Achieve Financial Freedom [series 2]

    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 achieve true financial freedom. This episode is part of my Nurse Money project, a 12-week series dedicated to helping nurses build wealth and design a fulfilling life. Stay tuned for next week's discussion on organizing your money and creating systems that bring peace and clarity to every paycheck you earn.   00:00 Introduction: The Real Struggle with Money  01:29 The Power of Money Mindset  01:56 Personal Money Narratives  06:56 Scarcity vs. Abundance Mindset 09:34 Shifting to an Abundance Mindset 13:40 Practical Steps to Change Your Money Mindset  19:53 Conclusion and Next Steps   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 they want to retire early or work until retirement.If you want to connect with Ellaine, follow her on:Instagram: @nursewhoinvestsTikTok: @nursewhoinvestsBlog: nursingflowsheet.com , nursewhoinvests.comDownload my free investment cheatsheet

    22 min

  6. 12/22/2025

    #64: Being a Nurse Making "Good" Money and Still Feeling Stuck [series 1]

    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 experience, and how I transitioned from financial confusion to confidence. This series will cover various money topics, including mindset, investing, and financial planning, all tailored for nurses. Subscribe and join me on this journey to becoming financially empowered.  00:00 Introduction to the Nurse Money Project  01:36 My Financial Journey: From the Philippines to the US  02:58 Learning About Money and Overcoming Financial Challenges 03:54 Starting My Financial Education Journey  05:04 Sharing Financial Knowledge and Growing Together 06:07 The Importance of Financial Education for Nurses  07:38 What to Expect in the Nurse Money Project Series  09:56 Conclusion and Next Steps   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 they want to retire early or work until retirement.If you want to connect with Ellaine, follow her on:Instagram: @nursewhoinvestsTikTok: @nursewhoinvestsBlog: nursingflowsheet.com , nursewhoinvests.comDownload my free investment cheatsheet

    11 min

  7. 12/10/2025

    #63: The FOUR Types of Nursing Jobs and How you can get fulfillment out of your career

    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 they want to retire early or work until retirement.If you want to connect with Ellaine, follow her on:Instagram: @nursewhoinvestsTikTok: @nursewhoinvestsBlog: nursingflowsheet.com , nursewhoinvests.comDownload my free investment cheatsheet

    18 min

  8. 12/07/2025

    The next chapter of Scrubs and Stocks podcast...

    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, remote work, starting businesses, money mindset, and overall financial freedom. The host emphasizes the importance of not just earning more money but managing it wisely without burnout. The episode also introduces the Wealthy Earth Academy and encourages listeners to follow the podcast for upcoming changes. The new goal is to normalize financial independence and joy for nurses, providing them with the tools to live full, autonomous lives.   00:00 Introduction to Financial Options 00:29 Expanding Beyond Stocks 01:47 New Podcast Vision 02:02 Continued Focus on Investing 02:46 Increasing Earning Power 03:44 Career Flexibility and Freedom 04:39 Lifestyle and Energy Management 05:48 Mindset and Identity Shift 06:58 Invitation to a Deeper Journey 08:19 Upcoming Changes and Gratitude 09:13 Final Thoughts and Farewell       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 they want to retire early or work until retirement.If you want to connect with Ellaine, follow her on:Instagram: @nursewhoinvestsTikTok: @nursewhoinvestsBlog: nursingflowsheet.com , nursewhoinvests.comDownload my free investment cheatsheet

    12 min
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Wealthy Nurse Podcast (formerly Scrubs and Stocks Podcas)t 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. Money, FI, Investing. for Nurses by a Nurse.

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