Bonus Episode: COVID-19 Has Impacted My Income – What Are My Options?

No one could have predicted the outbreak we’ve seen from COVID-19, and it’s served as a wake up call for many people. We’ve all been impacted financially or emotionally or both, and now we’re getting a lot of questions about how we can manage finances when income is up in the air. On this bonus episode, we’ll look at the options you have during this uncertain time.  

Click the timestamps below to help you navigate through the many topics we discussed.

On This Episode:

The healthcare industry prides itself in preparing for patient care but no one could have planned for what we’re seeing with the COVID-19 outbreak.

This pandemic has impacted all aspects of healthcare and CRNAs are no exception. With employment in question for many people, there’s a lot of worry and concern about what the future holds for many of our incomes. Independent contractors might see a loss of work altogether while full-time employees might be receiving reduced hours.

Thankfully, the government has passed its stimulus bill which is aimed to provide relief for workers across the country. It comes the same day that we’ve seen unemployment claims soar to over 3 million, which is by far the largest number our country has ever seen.

CRNAs are now wondering how this affects their income so we wanted to record this bonus episode to discuss your options. With Jeremy’s experience in financial planning with CRNAs, he’s been working with people on what to do right now. We will discuss the different things you should be considering, how unemployment works, and whether you qualify for it.

Hopefully this episode helps you in this uncertain time. You can always contact Jeremy directly for financial guidance at CRNA Financial Planning.

Check it out at the top of the page and use the timestamps to help you navigate through the many topics we discussed.

1:32 – Everyone is being impacted financially and emotionally right now.

4:08 – Things can change in an instant, like employment status, so you need to have an emergency fund.

7:19 – Roles and responsibilities for CRNAs are even changing during this pandemic.

10:09 – A lot of CRNAs are worried right now about income.  

14:30 – Can I file for unemployment?

16:47 – What if you work for a company/hospital and get reduced hours?

18:09 – Options for hospital-employed CRNAs

22:03 – How is the unemployment amount calculated?

24:27 – Hopefully we all learn a lot from this experience once it passes.  

26:32 – Basic financial steps you need to be taking everyday.

30:32 – Don’t forget that tax deadlines have been pushed back.

32:50 – Jeremy’s final message for everyone.

SHARE THIS EPISODE

Facebook
Twitter
LinkedIn

SUBSCRIBE

EXPLORE MORE

CRNA Careers

Ep 186: Empowered Women Empower Women

None of us get to where we are without the help and guidance of other people. We rely on mentorship from our peers to lift us up and empower us to accomplish great things. With the input from a few powerful women on this episode, we want to highlight women that have played a key role in helping advance the industry and discuss how we can elevate each other through empowerment.

LISTEN NOW »
CRNA Careers

Ep 185: 9 Tax Saving Strategies for CRNAs with an S Corporation

With more and more CRNAs shifting to 1099, it’s time to start thinking about how to best position yourself from a tax standpoint as your finances change. Today, Jeremy Stanley, CFP® will share nine tax strategies that most S corporations can utilize each year to maximize their earnings and minimize what they owe.

LISTEN NOW »
CRNA Careers

Ep 184: CRNA Manpower – Trends from the Past Decade & a Look Into the Future (Part 2)

Today we’re continuing the conversation with Nancy Bruton-Maree, CRNA, and Sandy Ouellette, CRNA, on the history of CRNAs in the workforce. In part two, we’ll look at educational changes since 2010 along with the updated statistics on active professionals and students. We’ll also turn our attention to the future of anesthesia and discuss the trends that might be on the horizon.  

LISTEN NOW »

SUBSCRIBE

NEW EPISODES EVERY WEEK!

Apple PodcastsGoogle PodcastsSpotifyStitcherTuneIniHeartRadio

HAVE A QUESTION OR WANT TO BE GUEST?

RECENT REVIEWS

J. Cross CRNA
Read More
This podcast is very well put together. I love the hosts Sharon & Jeremy, they do a fantastic job at presenting topics as well as getting great speakers on the show! This is my morning commute podcast everyday! Thank you for all that you do!
Bill.Nye
Read More
I enjoy listening every morning. Great content and always a pleasure to learn something new.
biggestbaseballfanever
Read More
I started listening to this podcast religiously early on in my CRNA journey, a year before applying to CRNA school. The content in this podcast was one of my most helpful resources for getting into my first choice school, Wake Forest! It has also been a huge motivator for getting involved with the AANA now and throughout my career. I highly recommend this podcast to every prospective CRNA I meet.
Trvlgrl1
Read More
I appreciate hearing the latest and greatest in the world of Nurse Anesthesiology while also getting Class B credits. Just listen on your commute for a win/win experience. I love the perspectives from Jeremy and Sharon who both ask varied and insightful questions!
doubledownmoney
Read More
If you’re a CRNA or any medical professional, I highly recommend giving this podcast a listen. Hosts have a great rapport.
Previous
Next

READ MORE REVIEWS OR LEAVE YOUR OWN!