Episode 395: How This Nurse Earns $230K Salary While Balancing Motherhood & Entrepreneurship

Oct 9, 2024

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This week on the Journey to Launch Podcast, I’m joined by Naseema McElroy, a nurse, financial expert, and founder of Financially Intentional. Naseema, who has been a guest before, previously shared her inspiring journey from single motherhood to paying off $300,000 in debt, ultimately eliminating $1 million in total debt, and achieving millionaire status while working as a nurse. In this episode, she talks about earning over $230,000 a year as a labor and delivery nurse in the San Francisco Bay Area. Naseema also dives into financial independence, mindset shifts, and how she balances her career, business, and personal life. Tune in to hear her perspective on how financial independence isn’t just about wealth—it’s about the freedom to live life on your own terms.

In this episode, you’ll learn:

Naseema's strategy of paying herself first and avoiding lifestyle inflation.
Balancing her passion for nursing with running a business and raising three children.
About the income potential in the nursing profession and advice for aspiring nurses
Why you should set up financial accounts for children, including 529 plans, Roth IRAs, and brokerage accounts, and how to instill financial literacy and wealth-building habits from an early age.
And more!