Episode 152: Investing for Nurses With Savannah Arroyo

Send us Fan Mail**Webinar registration: https://www.savvynursewritertraining.com/Mar2022-webinar-registration**One of our Savvy Nurse writers and founder of the Networth Nurse, Savannah Arroyo, is here with us today to share with us some insights about investing for nurses. She built the Networth Nurse to 3 different pillars: personal finance, career growth, and real estate where she is helping nurses by sharing resources and tools to help them grow in nursing and grow their wealth.About SavannahShe was in high school when she realized her love for nursing and by that time, knew that she is ready to go to college. Right after she graduated with a nursing degree, she worked with a couple of different specialties but she was naturally drawn towards a leadership position that was taking on processes and improvement. So, she ended up going back to school and got her Master’s Degree in Nursing Leadership and Administration, works in a couple of different specialties, and relocated to Los Angeles, California.Her recent administration position is becoming an Assistant Nurse Manager. Then, at the beginning of 2020, she started investing in real estate. In October 2021, she was able to step down from her full-time RN job, and now she worked per diem in the pre-op department which she loves! She loves talking to doctors, she loves nursing, so she is not into giving it up entirely.Tips to Start Investing for Nurses and Beginners in Real EstateIf you want to invest in real estate but are not sure about the process, you really have to educate yourself. You have to learn how to run numbers and how to analyze deals. They also listened to podcasts, read books and watch YouTube videos where people share their strategies on how to analyze properties.Some examples of great podcasts to listen to start investing for nurses:BiggerPockets Podcast – it is one of the best podcasts for beginners in real estate. They have a ton of books as well. So if you really don’t know where to start and want to get motivated, try listening to podcasts and reading books because it is where people from all walks of life (and so can nurses) and different professional backgrounds share their strategies. It will teach you how to learn the language in real estate.Skills That Nurses Already Have That They Can Use In Real Estate:Organizational skillsTime managementPrioritizationFinancial Advice For NursesYour starting point should always be education. Start with educating yourself about your current finances and how you can grow wealth.Understand where you’re at in your journey, have a really good sight into your finances, and know what you can really do in the future and how you can use that now to build wealth through different investment strategies.Follow Savannah on Instagram!Welcome to the Savvy Scribe Podcast, I'm so glad you're here! Before we start the show, if you're interested, we have a free Facebook group called "Savvy Nurse Writer Community"I appreciate you following me and listening today. I would LOVE for you to subscribe: ITUNESAnd if you love it, can I ask for a If you’re ready in exploring if freelance writing is your next PRN job or even full-time, I invite you to check out the Savvy Nurse Writer Community on Facebook and visit savvynursewriter.com to help you get started today!Support the showFOLLOW & REVIEW THE SAVVY SCRIBE ON APPLE PODCASTSI appreciate you following me and listening today. I would LOVE for you to subscribe: ITUNESAnd if you love it, can I ask for a review? Select “Ratings and Reviews” and “Write a Review.”If you’re ready to start exploring if freelance writing is your next PRN job or even full-time, I invite you to check out the Savvy Nurse Writer Community on Facebook and the Plan Produce Profit  + Writing Skills Course to help you get started today!