Sophia, a family nurse practitioner, achieved millionaire status by embracing locum tenens work, enjoying travel, flexibility, and earning nearly double her previous pay. She shares her journey of strategic investments, including stocks and real estate, which paved the way to financial independence. The discussion highlights the benefits of locum tenens for balancing career and lifestyle while also diving into the risks of day trading, emphasizing the importance of realistic investment strategies.
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question_answer ANECDOTE
Sophia's Career Shift
Sophia, a family nurse practitioner, transitioned to locum tenens work after three years in a permanent position.
She found the routine of a permanent position boring and sought a change.
insights INSIGHT
Locum Tenens Benefits
Locum tenens work offers higher pay, travel opportunities, and covered housing and travel costs.
Sophia highlighted the flexibility it provides, allowing her to work nine months and travel for three.
question_answer ANECDOTE
Sophia's Travel Adventures
Sophia, based in Miami, enjoys traveling during her time off.
She's visited almost 60 countries and spends three months annually in Barcelona.
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Today we are celebrating a Nurse Practitioner who has become a millionaire. A few years into her career she was feeling bored and wanted a change. So she made a change and started doing traveling locums. She loves working with different populations, the travel and the higher pay. She said she makes nearly double what she would at a permanent position. She has a love for travel and is able to take 3 months off each year to spend time with family and see the world. If you have ever considered traveling locums this episode is for you! For Finance 101 we will be talking about trading.
One of the most underrated financial moves in medicine is working locum tenens. It pays significantly more on average, and you can work locums full time or on the side of your full time. And when you work with CompHealth, the #1 staffing agency, they cover your housing and travel costs —which on top of higher pay, really adds up. Locums also gives you more control of your career, allowing you to go where you want, when you want, with a schedule that works for you. It’s the perfect way to get ahead financially while getting focused on what you love. Whether it’s locum tenens or a regular permanent position, build your career your way with the power of CompHealth. Learn More at https://CompHealth.com
The White Coat Investor has been helping doctors with their money since 2011. Our free financial planning resource covers a variety of topics from doctor mortgage loans and refinancing medical school loans to physician disability insurance and malpractice insurance. Learn about loan refinancing or consolidation, explore new investment strategies, and discover loan programs specifically aimed at helping doctors. If you're a high-income professional and ready to get a "fair shake" on Wall Street, The White Coat Investor channel is for you!
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