Ep 220: Financial Therapy for CRNAs


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

On This Episode:

CRNAs face stressful situations every day but that doesn’t always prepare them to deal with the obstacles that life can throw your way, especially when those events put a strain on your finances. Oftentimes, your relationship with a financial advisor might feel more like a therapy session during emotional times, and that’s ok. Let’s discuss some scenarios where it’s almost inevitable that a talk with your advisor seems like a counseling session.

When you think of events that have a jarring impact on your personal life and your financial life, divorce might be at the top of the list. Trying to navigate that process and all of the emotional weight that it carries is already difficult enough, but then there’s the financial side of the split. With so many different decisions to be made during this time, your advisor can help guide you through those to help keep emotions out of the decision-making. So much of our conversations with clients are spent talking about the future and helping ensure that they’ll be okay in the wake of a divorce.

Another situation we help CRNAs through is when they face career difficulties. We’re grateful that the CRNA profession is very healthy, but that doesn’t mean you don’t face challenges at work. It could be that you’re considering moving to 1099 work and are worried about what that might mean for your income. Maybe there’s a reason that you aren’t able to work as much as you used to because of health reasons. No matter the reason, we’re here to sit down and discuss whatever worries and concerns you have and make sure you feel comfortable and confident about your financial future.

When the medical issues become serious, that becomes another life event that can make things very difficult financially. Most CRNAs understand the costs associated with healthcare so being in this position can create a lot of fear about what’s to come for your personal and financial well-being. We understand that and the meetings we have with clients often deals more with life than numbers because that’s so much more important.

Now let’s talk for a minute about children. We all want to do everything we can to take care of our children and legacy is a big part of the planning process for many CRNAs, but what about those times when you aren’t happy with the financial decisions your children are making? The parents are often tasked with the fallout from those decisions and it can be costly. Those frustrations come out in meetings often and we don’t mind being an outlet to vent.  

The last scenario that we help clients through is the loss of a spouse. You can never be prepared for that heartbreaking time. Picking up the pieces is so tough, and the last thing you want to do is worry about all the financial items that need to be taken care of. Some spouses don’t handle the money, which can make it ever harder to sort through everything. But allow yourself time to process this and understand that very few things need to be taken care of immediately.

As you can see, few people in your life will be there for all of the ups and downs. Everything you experience has a financial element to it, and that’s the reason you want to establish a strong relationship with your financial advisor before you need it in one of these scenarios.

Here are some of the scenarios we’ll discuss on this show:

  • Going through a divorce. [5:55]
  • When you face career difficulties. [12:20]
  • If you’re facing medical problems. [16:48]
  • When you’re not happy with the financial decisions your kids are making. [21:18]
  • The loss of a spouse [24:45]

To learn more about how CRNA Financial Planning can help you prepare for retirement, visit them online here. 


“A lot of people, money in general just stresses them out. That’s so true of our CRNA clients.”

-Jeremy Stanley, CFP®







Apple PodcastsSpotifyTuneIniHeartRadio



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!
Read More
I enjoy listening every morning. Great content and always a pleasure to learn something new.
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.
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!
Read More
If you’re a CRNA or any medical professional, I highly recommend giving this podcast a listen. Hosts have a great rapport.