Welcome to the course!
Instructor Bio, Introduction, and Course Overview (15-20min)
Obj. 1: Describe Why Financial Well-Being for Nurses is Important (1.5 Hours)
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Background (3:15)
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What is Financial Well-Being (Reading)
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NOT Financial Well-Being! (1:13)
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Why Financial Well-Being (2:53)
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Prevalence and Burnout (Reading)
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Self-Sacrifice, Burnout, and Martyr Behaviors (5:02)
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Burnout, Wellness, and Patient Care (Reading)
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Assess Your Financial Well Being (Exercise)
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Financial Well-Being Impacts it All! (0:41)
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Time for Real or Faux Self-Care? (9:44)
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Final Thoughts on Patient Care Impact (Reading)
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Money Psychology: Part 1 (5:44)
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Summary of CFPB Research (Reading)
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Is it Rigged For Nurses? (2:05)
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Money Psychology: Part 2 (2 Videos) (7:10)
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Behavioral Economics: Biases (2 Videos) (14:10)
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Behavioral & Neuro Economics (Reading)
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It Was Fun Money! (1:22)
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Lifestyle & Financial Well-Being (8:39)
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Financial Independence, Retire Early (10:37)
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Define Your Why With a Mission Statement (9:23)
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Mission Statement Tool
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REFERENCES
Obj. 2 Part 1: Identify Key Components of Financial Literacy & Resilience (2 Hours)
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Definition and Background (1:42)
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P-Fin Index Results (Reading)
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Begin With a Sound Lifestyle
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About Financial Resiliency (2:36)
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Basic Economics Part 1 (4:26)
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Supply & Demand Examples, Boom/Bust Cycles (Reading)
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The Money Supply (6:07)
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Basic Economics Part 2 (5:38)
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Inflation (Reading)
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Inflation & Wages (5:56)
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Final Thoughts on Inflation & Relative Prices (Reading)
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Basic Personal Finance: Compound Interest (7:34)
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The Time Value of Money (3:46)
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Basic Personal Finance Concepts: Borrowing Part 1 (13:08)
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Different Loan Term Examples (Reading)
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Credit Cards & High Interest Debt (6:18)
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Credit Score (8:46)
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Good Debt, Bad Debt? (6:51)
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Basic Personal Finance Concepts: Borrowing Part 2 (Student Loans, Fees, and Consolidations) (10:05)
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Case Scenario & Borrowing Summary (Reading)
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Basic Personal Finance Concepts: Savings Part 1 (8:23)
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Emergency Savings (4:21)
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Emergency Savings and Where to Save (Reading)
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Basic Personal Finance Concepts: Savings Part 2 (Inflation & I-Bonds) (6:07)
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You've Reached the End of Week 1!
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REFERENCES
Obj. 2 Part 2: Identify Key Components of Financial Literacy & Resilience (2 Hours)
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Welcome to Week 2!
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Basic Personal Finance Concepts: Cash Flow (4:34)
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Basic Personal Finance Concepts: Budgeting (4:54)
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Budget Approaches (Reading & Video) (0:56)
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Basic Personal Finance Concepts: Asset Protection (7:13)
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Liability & Disability (11:51)
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Life Insurances (5:31)
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Basic Personal Finance Concepts: Taxes Part 1 (7:09)
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Withholding (4:39)
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Tax Brackets (Reading)
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PAYSTUBS, INCOME TAXES, AND PAYROLL DEDUCTIONS (3:27)
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Basic Personal Finance Concepts: Taxes Part 2 (Deductions & Credits, Capital Gains Tax) (7:59)
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Other Taxes (Reading)
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Basic Personal Finance Concepts: Home Ownership/Mortgages Part 1 (12:08)
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Questions to Ask Before Buying A Home (Reading)
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Basic Personal Finance Concepts: Home Ownership/Mortgages Part 2 (0:49)
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RUN THE NUMBERS! (Reading)
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Mortgage Features & Other Considerations (13:20)
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Home Buying Tool Kit and Mortgage Wrap Up (Reading)
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Investing and Investment Phases Part 1 (14:11)
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Stocks & Bond Slideshow
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RISK DISPERSION, DIVERSIFICATION, AND MUTUAL FUNDS (4:19)
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Investing and Investment Phases Part 2 (Bubbles & Market Timing) (7:07)
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FIVE Rights of Investing (2:47)
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REFERENCES
Obj. 3 Demonstrate How to Calculate Important Personal Finance Ratios & Equations (30 min)
Obj. 4, Part 1: Demonstrate How to Create a Cash Flow Statement & Budget (15 Min)
Obj. 4, Part 2: Demonstrate How to Create a Cash Flow Statement & Budget (30 min)
Obj. 5: Explain How to Use the Nursing Process to Create a Personal Financial Plan (90 Min)
Obj. 6, Part 1: Discuss In Depth Strategies to Reach Goals, Manage Finances, Save & Invest (2 Hours)
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Introduction
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F.I.R.E For Nurses (8:40)
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Automation & Simplification (10:41)
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Maximizing Contractual Provisions & Benefits Part 1 (38:09)
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Maximizing Contractual Provisions & Benefits Part 2 (15:08)
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Expense Reduction Intro (6:26)
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Expense Reduction (Reading)
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Easy to Hard Expense Reduction (14:28)
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Is it Really Going Without? (Reading)
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Reducing Insurance Costs (7:30)
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Final Thoughts on Expense Reduction (5:22)
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Increasing Income: Intro & Credit Card Rewards (9:35)
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Increasing Income From Interest (4:22)
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Income From Dividends, Side Hustles, & Passive Income
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Nursing Side Gigs (4:07)
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Debt Elimination Introduction (12:48)
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Debt Elimination: The Sure Way to BOOST INCOME! (12:48)
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Debt Avalanche (Reading) (6:30)
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Debt Snowball Method (Reading) (6:30)
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How NOT to Pay Off Debt! (6:30)
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Other Debt Elimination Considerations: HELOC, Consolidation, PSLF (Reading)
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You've Reached the End of Week 3!
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REFERENCES
Obj. 6, Part 2: Discuss In Depth Strategies to Reach Goals, Manage Finances, Save & Invest (2 Hours)
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Don't Underestimate Simplicity With Your Investments!
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How Investing is Different (8:00)
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Tax Advantaged Investing (11:58)
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Roth Vs Traditional (4:39)
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Tax Advantaged Account Comparisons
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IRAs (reading)
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401a/401k/403b (Reading)
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457b Deferred Compensation (Reading)
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HSAs (Reading)
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Taxable Investing (10:59)
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Active versus Passive Investing (10:02)
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Selecting Investments (Slideshow & Reading)
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Risk, Asset Allocation, and Rebalancing (6:35)
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Risk, Asset Allocation, and Rebalancing (Reading)
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Real Estate Investing Intro (6:40)
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Real Estate Investing Benefits (Reading)
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Real Estate Markets, Supply, & Demand (3:33)
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Leverage (7:37)
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Three Real Estate Rules (Reading)
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Real Estate: Keep It Simple (1:58)
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Real Estate Tax Benefits (5:23)
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Alternative Investments
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REFERENCES
Obj. 6, Part 3: Discuss In Depth Strategies to Reach Goals, Manage Finances, Save & Invest (1.5 Hours)
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Intro: Risk, Fear, and Uncertainty (reading)
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Framing (7:21)
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High Return/High Risk
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Understanding Risk in Stocks Better (4:28)
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Understanding Risk Better in Stocks and Bonds (Reading)
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Understanding Bond Specific Risks (3:10)
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Risk Tolerance and Mitigation Strategies (3:00)
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Risk Tolerance & Mitigation (Reading) (2:59)
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Mitigating Risk with Human/RN Capital (2:59)
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Investment Policy Statement (Download) (4:31)
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How to Create an Investment Policy Statement (4:31)
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Estate Planning
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Optimizing Asset Protection (13:59)
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Appropriate Insurance (Reading)
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Emergency Fund Optimization (14:23)
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REFERENCES
Obj. 7: Identify How to Use Expert and Professional Guidance Effectively (50 min)
Putting it all together, Summary & Review, Evaluation (30 min)
