Blog
Is Locum Work For Me?
This is your locum road map and criteria for deciding if locum work needs to be in your future. Not all locum work is equal. There are many factors at play when deciding a new career path.
Creating Generational Millionaires
Roth IRAs and 529 plans are great ways to transfer wealth. Let’s not overlook knowing what to do with that wealth. This entry discusses the TFC family plan for giving kids a financial boost as they leave the nest. Actual contributions are low because time is the heavy lifter. This allows the parents to stay on course and the kids to start a step ahead.
Mortgage Factors
How different aspects of a mortgage affect your monthly payments and overall costs. Look at down payment, interest rate, credit worthiness, and other factors. Make the most of your capital.
My 2024 Locum Business Expenses
These are the major expenses of a traveling CRNA. If you are considering 1099 work, these are areas and costs to consider. Adjust these numbers to your location to compare W-2 and 1099 packages.
Locum CRNA Income and Expenses 2024
How money enters and exits my LLC as a locum CRNA. This speaks to approximate taxation, payroll, retirement, expenses, and distributions. Enough to give you an expectation when you decide to make the transition to self-employment.
VTSAX, VTI, or VUG? Which is Best?
Compare VTSAX, VTI, and VUG to decide which is best for your portfolio. All are great, but they have their differences. What are you goals? what is your volatility tolerance?
Locum CRNA: Financially Independent in 5 Years
The locum lifestyle can set up a CRNA for retirement in 5 years. Yep, 5 years of locum work pays for a middle class lifestyle. Amazing for those looking to end the need for earned income.
What is a Mega Backdoor Roth Conversion?
Everything you need to know about the Mega Backdoor Roth conversion. Make the most of your tax-advantaged options with this Roth conversion. This is an excerpt from the new TFC course.
Savings Rate and Time to Financial Independence
Find out why your savings rate massively impacts your time to financial independence. This blog discusses one of the most profound aspects of personal finance. Learn your current FI trajectory with the included tables.
Locum CRNA: Lessons After 1 Year
I have been a full-time traveling locum for over a year now. If you are considering locums, you may find this post helpful regarding expectations. Over the year, the TFC family changed how we travel, where we stay, and what assignments we accept. The lessons are seemingly endless, just like the current locum work.
Thirty, Flirty, and Thriving Millionaires
Millionaires at age 30. Not too bad. Read to find out how we did it.
1099: 13 Easy Steps to Get Started
Transitioning to 1099 contractor work seems intimidating. This entry acts as my checklist to getting started. It’s everything you need to cause trouble and allow your focus to remain on medicine.
5 Reasons You Aren’t Winning With Money
Here are 5 financial setbacks I have experienced. This is a good read and an opportunity for reflection. Maybe these apply to you without your knowing.
Permission to Spend: The Importance of Discretionary Dollars
Discretionary spending is a reality. Being aware of its impact plays a significant role in personal finances. This entry is about making the most of your discretionary allotment.
Buying Index Funds: A Step-by-Step Walkthrough with Screenshots
Self-managing your investments sounds daunting. Allow me to walk you through the process of buying index funds such as VTSAX and VTI. This simple process takes minutes and will have you questioning the need for your current financial advisor.
Mortgage Guidelines: Dave Ramsey Under Fire
Some are disagreeing with Dave Ramsey’s rules about home buying. Let’s take a look at the debate around one of most important topics in personal finance.
Loud Budgeting: A Refreshing Social Media Trend
Loud budgeting is a social media trend I can support. It’s finally stylish to be financially responsible. There are many ways to join the trend.
7 Reasons I switched from W-2 to 1099
After the switch, I felt like the guy in the thumbnail. On top of the world and cold. The Midwest is pretty flat, but it’s close enough. Anyway, there are many reasons to make the jump from W-2 to 1099 employment if you find yourself in a similar situation.
Clueless About Personal Finance? Start Here!
If you are looking for a beginning to your personal finance journey, look no farther. I’ll give you the first few steps to be on your way in no time, but they might not be what you were expecting.
Why you Need to Join the FIRE Movement
Financially Independent, Retire Early. Sounds nice right?! It’s a financial movement you need in your life whether you are just starting out or closing in on retirement.