What did u buy your first year of nursing? - page 4

I will be graduating from nursing school in May, and is just curious about what type of things do new graduates do when they become a nurse. My plans is to invest in a house and maybe a new car. I... Read More

  1. by   Liddle Noodnik
    Quote from asoldierswife05
    Getting out of the enormous amount of debt that hubby and I have somehow accumulated...

    We are going to pay off our credit card, a private loan from the bank, a loan from my parents, and the remaining year I have left on my vehicle...to the tune of $10,000!!!

    Luckily, hubby got a second job as a security officer at an apartment complex which allows us to live in a 3br apt for free! That is an amazing opportunity to help the process.

    Then we are going to save up for a house, start a savings account, and maybe then I can get a new vehicle. We are also planning to start a family very soon!

    My first paycheck comes this Friday and I am so excited to see what it is going to look like. I am also excited to have medical and dental insurance finally and a 401k plan.
    That sounds great, especially the free apt! wow!
  2. by   clyen
    Getting out of debt, then hopefully a better place to rent. After that, I will think of a new car. First and foremost, paying off my high interest debt.
  3. by   WinksRN
    well, last time I checked the money isnt something to get too excited about so I guess I will pay bills like I been doin.
  4. by   kimhaw
    I graduated aboout six months ago and I went shopping w/my first check the whole check was spent on shopping for my family. I am remodeling my home and a new suv. I am still try to put brakes on the shopping though.
  5. by   RNsRWe
    You know, this sounds pretty boring, but when I started earning a paycheck we paid off every single bill the moment it arrived, lol...nothing had to "wait until the next check"! And then, seeing the balance in that checking account growing is just a marvel to behold

    My hubby and I live pretty reasonably, always have, and have been fortunate enough to buy pretty much whatever we needed or wanted anyway on his generous income. HOWEVER, that said, it's nice to know I *CAN* buy whatever I want without ANY guilt!

    Actually, come to think of it, this was good: The winter holidays with the kids had me pressing "Place Order" online for absolutely anything I wanted for them, without consideration of what I'd already spent. THAT was VERY nice
  6. by   nurse4theplanet
    Quote from RNsRWe
    You know, this sounds pretty boring, but when I started earning a paycheck we paid off every single bill the moment it arrived, lol...nothing had to "wait until the next check"! And then, seeing
    For someone who has been living paycheck to paycheck, both on my own and watching my parents struggle with this the entire time I was growing up...that does not sound boring at all! It sounds like heaven!

    No more rotating who gets paid late or not at all! No more late fees or interest rate increases! I can tell that credit card company to lower my rate or cancel my card and not worry about needing it later for groceries or gas! Hubby and I can finally go out and have some fun...instead of water and no appetizer...splurge a little...have a sweet tea or a margarita! We can finally have a savings account for emergencies instead of a high interest half-maxed credit card! No more borrowing money from my parents or the bank when we get in a jam! We may even be able to take a vacation (with paid leave!!!)


    And don't get me started on what a joy it is going to be to finally have medical and dental insurance!

    Ahhhhhhhhhh...nurses do not make a fortune and we will still have to watch our spending patterns, but the near future looks so bright!
  7. by   RNsRWe
    Quote from asoldierswife05
    For someone who has been living paycheck to paycheck, both on my own and watching my parents struggle with this the entire time I was growing up...that does not sound boring at all! It sounds like heaven!

    No more rotating who gets paid late or not at all! No more late fees or interest rate increases! I can tell that credit card company to lower my rate or cancel my card and not worry about needing it later for groceries or gas! Hubby and I can finally go out and have some fun...instead of water and no appetizer...splurge a little...have a sweet tea or a margarita! We can finally have a savings account for emergencies instead of a high interest half-maxed credit card! No more borrowing money from my parents or the bank when we get in a jam! We may even be able to take a vacation (with paid leave!!!)


    And don't get me started on what a joy it is going to be to finally have medical and dental insurance!

    Ahhhhhhhhhh...nurses do not make a fortune and we will still have to watch our spending patterns, but the near future looks so bright!
    You know, reading your post made me smile, remembering when I *DID* have that incredibly freeing feeling of having everyone paid for the very first time, with NO credit card balances at all! A stack of years ago, my hubby and I had gotten too far into debt with real estate purchases and remodeling costs for them, and it was eating us up....we were actually facing bankruptcy just prior to our wedding, and if THAT'S not stressful, nothing is.

    But, after a time (ok, lots of time, several years of this) we found we had the debts paid off, the only debt left outstanding were reasonable mortgages on the properties. And we knew that selling one of them would change that picture greatly, too.

    So, I totally understand your excitement! Knowing that I didn't have to figure out which card got paid, which one was a little more than the minimum, which bill we could choke up the late fee on....that really was heaven.

    This time around, with me back in the work force, the joy of having everything paid off was lesser in that we hadn't had nearly the same debtload as before, just small stuff. Thanks for reminding me what it was like
  8. by   cardiacRN2006
    Quote from asoldierswife05

    I can tell that credit card company to lower my rate or cancel my card and not worry about needing it later for groceries or gas!

    Whatever you do, don't cancel that card! Lower the rate, and never use it again, but it will be detremental to your credit if you close it. Credit companies like to look at the length of time a card has been opened. (the longer the better)





    I bought a house!
  9. by   WinksRN
    Quote from cardiacRN2006
    Whatever you do, don't cancel that card! Lower the rate, and never use it again, but it will be detremental to your credit if you close it. Credit companies like to look at the length of time a card has been opened. (the longer the better)





    I bought a house!
    OK i have to know what state is this where you can buy a beautiful home like that, I would never afford anything that looks like that here in Missouri
  10. by   kessadawn
    i purchased a rather expensive coach handbag...after all, i earned that baby!
  11. by   blueiwahine
    After graduation Hubby & I got new cars... We both needed some kind of kudo for that big accomplishment...then hubby got a new Harley and now we're saving for a new house...We kinda went overboard...but the last 4 yrs, while I was in school,we spent nothing. It was nice to have 2 salaries again.
  12. by   RNSuzq1
    I graduated last May - I'm a New "older" Nurse, but not that OLD.. . Hubby and I had our 25th Wedding Anniversary this week (we both worked). Thanks to my folks, we had a beautiful wedding all those years ago, but we were in the Navy (not much money), so our Honeymoon consisted of a few days at a beach in Mass in the dead of winter (20 below), not exactly the tropical vacation that a lot of Honeymooners get.

    Ever since then, we kept saying "someday" we'd take a 2nd Honeymoon trip to England/Ireland - where our families are from - then life happened, the kids came along, etc. Finally, we're in a situation that we can hopefully afford this long awaited trip and "hope" to be able to take it before the end of the year. Everything we've ever done is for our 3 Sons, I know I'll feel this horrible guilt not taking the boys with us, but my husband said, after 25 years, it's about time we do something "special" for just the 2 of us - so I'm really looking forward to it. So, this trip is what I'm buying to celebrate my First Year of Nursing...
  13. by   GracieLVN
    congrats & good luck to you! i just graduated and started working only a few months now. my boyfriend and i plan on eventualy getting married, buying a house and a car in the next year or two. sounds like financial madness but with my new salary its do-able! :roll

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