Did you know that money problems are the number one concern of nurses in a recent poll?

My name is Dr Dean, and I am an author of The Millionaire Nurse and speak on personal finance, just for nurses.

I also have a blog, Dr Dean's Millionaire Nurse Blog.

Please drop by when you get a chance.  My passion is teaching nurses about personal finance and building wealth.  My site contains no ads and is spam free.  Please stop by and say hello.

In reply to Mr Brown, and with great respect for his time at this forum, I would like to clarify my goals, and answer his concerns:

I don't sell a system, my blog, and my book are mostly common sense recommendations on how to manage your money, emphasizing the need to be a saver, and not a spender.  I thank Mr Brown for visiting my  blog, The Millionaire Nurse, I agree that most of my advice is not new, although I try to add wrinkles and a slant to get nurses to pay attention to their finances.

And for a real life example from my book:  If a nurse puts in 3 % of the average  starting salary , and the hospital matches that 3 % and that is continued through retirement age, and that money got a paltry 6% return, that would be 1/2 a million dollars in that account.

If the same nurse, did what I recommend, by budgeting/being conservative with the family finances,and saved 15% in a retirement account-(with the same 3% match-it would only require 12% of income going into a retirement acccount),  then he/she would have 1.4 million at retirement.

These numbers don't include the possiblitly of raises, the fact that many nurses work in a 2 income household, and that money invested over the past 50 years averaged a much higher return than 6 %.

In one study of white-collar millionaires, school teachers had the highest percentage with assets over a million dollars.  And ESPN recently did a story on the fact that the majority of NFL atheletes were broke within 5 years of leaving the league. 

So income is not the main determinate of ability to accumulate wealth, it is the ability to live within your means.

Do I think nurses are overworked and underpaid-of course.  Do I think many nurses could improve their money management skills-YES, and I am going to try to help.

And as far as the book goes, of course every author would like their books to be read and appreciated, but a book like mine, with a narrow audience, will barely cover costs-so no I am not making "millions" on it or the blog.

Thanks for your time and patience.

Sorry about the name confusion, Mr Brown-I had a friend (nurse anesthetist) named John, and you remind me of him.  (In a good way).  He was always asking questions and challenging the way things are done.

Please feel free to continue to visit the blog, and make comments or suggestions.  You don't have to follow one word of my advice, or agree with my observations, they are what they are.

And I completely agree with your point-there are plenty of "money experts" .  My hope is that by making the information more "personal" ie directed at nurses, that they will begin to listen.

Many times "Grandma's advice is as good as a paid financial guru-(which I am not)-but neither does any good if you don't listen and execute.

Have a great weekend-raining too much here for many hunters to be out!

PS-I like Neil Cavuto too, Suze, not so much- her advice is fine, she just gets on my nerves-that is what makes the world go round-we are all different.

Mr. Brown, thanks for the advice.  My plan is to direct most of my efforts towards student nurses, as they have a long career ahead, and with student loans, and the economy as it is, the better they manage their money, the better their life will be.  I have enjoyed our discussion, and believe me, the nurses I work with every day have challenged and shaped my thinking on all these issues.

Plus my wife is a Public Health Nurse, in the trenches every day in the STD and TB clinics...Believe me, she doesn't hold back if she thinks I am wrong about something.

I don't have an agent, but do have several folks helping me get the word out.  I plan to just take it one step at the time, and see where it leads.

Thanks again for the advice.  I am not opposed to the idea-I like the idea of multiplying your reach, and that is a way to do it.  My wife has been looking for an agent-she writes fiction on the side-and so far no luck, but maybe we can combine our efforts and find one to represent us.

What type of music?

I played drums a little, long ago, and most of my family is musically inclined, although only my nephew takes it seriously.  He mainly writes and arranges now.

Well, as I have said above-not in it for the money.  If I make a few bucks on the book, it will be because people find value in it-the profit margin on book sales is slim these days.

Follow my blog for a while, won't cost you a cent, and see what you think.

Thanks for your interest....

Hmmmm I might just look into this...At first I thought i was just aother robospam post. .