As it is the time of the year in which the winter new grad therapists are taking (and passing!) their boards, I feel that it’s the perfect time to again share how beneficial traveling right out of school can be for paying back your loans, building your net worth, improving your skills, and seeing the country. Every year I put together my financial summary which is a post that I create outlining my financial growth for the year. And every year I am astonished by how much traveling therapy has affected my ability to maximize my income as a new practitioner. In just 2 years of traveling therapy, I have…
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You Could Never Travel AND Have a High Savings Rate…
Before I begin this article, I want to emphasize that I am sharing this information with you not to brag but to continue to show complete transparency with my financial numbers and life. I do this for three reasons. To keep my blog’s integrity. I would never try to sell something that I wasn’t practicing myself. Just like you wouldn’t trust an out of shape personal trainer, or a dentist with decaying teeth. By using my actual numbers, it’s the best way to keep my journey authentic and relatable. To show how easy many of the concepts that I discuss are and how applicable they can be to your life…
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Lessons From My Horrible Insurance Mistake
I’ve written about navigating traveling healthcare insurance a few times now, with my most recent post breaking down common insurance questions I receive fairly often. So I think now is the time to finally share my insurance mistake that led to over a thousand dollars in out of pocket expenses… My Mistake My mistake occurred last summer after finishing up my first traveling assignment in Boston. I finished my assignment August 31st and I drove home (back to Wisconsin), immediately that next day. I arrived home early on September 2nd, and was immediately getting my material ready to begin my next local travel assignment in Minnesota that was coming up in a few weeks. …
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Traveling and Health Insurance: Common Questions
I already have a blog post up about the benefits that traveling healthcare offers. These benefits are usually similar to that of a full time position and sometimes better. For example, my current traveling company offers a 5% 401k matching. Whereas one of my more recent contracts at a hospital only matched 2% to full time employees… In this past post, insurance is touched on, but in lieu of the many questions from readers, I think it would be beneficial to give a full post dedicated to deciphering the common myths about insurance with traveling healthcare. Common Questions This first one is is my favorite. Question: “Do travelers get insurance?” Answer: Yes. I…
