Blog
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.
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.
How Finances Influenced My Job Selection
Deny as you will, but compensation is a major factor in every profession and every job. Here is how I integrated compensation into my job selection criteria.
The Moneymoon Phase
Nothing says trying to legitimize a blog like creating your own jargon. The moneymoon phase is the time to get ahead. It doesn’t last forever, so make the most of it.
My Experiences with Financial Advisors
It’s important to build the right team to enhance personal and professional development. Each member comes at a cost. Look for value. The reason behind why I manage money the way I do.
Job Search Considerations Part II
A continuation of “The Job Search.” There are plenty of considerations in this post to be mindful of. And don’t miss part I for my top 4 priorities.
CRNAs: Financially Independent within 10 Years
What if I told you most CRNAs could be financially independent and retire from anesthesia within 10 years of passing boards? It’s not as difficult as it sounds and I’ll show you why. Read to find out just how easy it is to retire in a decade with anesthesia income.
My First Year as a New Grad Independent CRNA
The recollection of my first year as a new grad CRNA working at a rural critical access hospital practicing to the top of my scope. An overview of my experiences and lessons.
5 Reasons CRNAs are Bad with Money
High earning medical professionals meet the stereotype of being bad with money. As with most stereotypies, there is an element of truth at play. Find out where I see most CRNAs making a wrong turn, thus inhibiting their own financial success.
W-2 vs 1099
Understand what it means to be a W-2 employee or a 1099 independent contractor. Which do you take if offered a choice? They both have pros and cons. Decide what works best for your lifestyle.
5 Steps to Avoid Living Paycheck-to-Paycheck
It is all too common to see high-income earners living paycheck-to-paycheck. If you find yourself here, start the life-changing journey today. One small step at a time. It’s not easy to turn things around, but it is well worth the effort.
Strategies to Increase Income
The world is not enough. Despite earning more than enough to live a comfortable life, we always end up wanting more. Give a read if you are looking for ideas.
Pitfalls of Wealth Accumulation
Living paycheck to paycheck on a CRNA salary is easier than one might think. Avoid these bad decisions to ensure your escape from the rat race. We have a great profession, but it’s nice to have an exit plan.
Contract Negotiations: Maximize your Compensation
Six-figures over 3 years. My contract increase via negotiation. Negotiation is not thievery, but rather the agreement reached through discussion. Both parties come out ahead and feel like winners using the techniques discussed by an FBI negotiator in his best selling book.
Factors of Wealth Building: The Accumulation Phase
There are two phases of wealth building and this article speaks to the “accumulation phase.” How to grow a money tree that produces enough fruit to support your way of life.
Compare Job Offers: A Spreadsheet to Compute Hourly Earnings
It’s tough to compare job offers. Some have a high base wage — others, great benefits. Are you okay taking call? Do they expect 30 hours per week or 60? There are so many variables when comparing contracts. I found hourly earnings to be the equalizer when I was going through various offers. Check out the spreadsheet to run the numbers for yourself!
Handling Student Loans
Student loans are a reality of most high opportunity cost professions. How student loans are handled determines financial success.
Mandatory SRNA Money Move Before December 31st
The opportunity for the Roth conversion expires December 31st for each tax year. SRNAs need to make the move.