What did u buy your first year of nursing? - page 6

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   RN and Mommy
    Quote from rn2bn07
    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 have a 10-year old son and he is really looking forward to this. Do you think this is possible with the income new grads will start off making?

    Buy the way, in my state (MI) most hospitals start btw 22-24 dollars an hour.

    Just curious, RN in 07'
    I can't say that I really "bought" anything big, but I invested in my BSN and completed that and have a new baby coming in July, so we have put some money into stuff for the baby.
  2. by   PaulshoeRN
    If you don't want to hear advice, go on to the next posting.

    I think you should wait at least a year before you make any major purchases (car, home, boat, etc.). You'll have plenty of time for that in the future after you take care of any debt you may have. If you don't have a reliable car to get you to work, pay cash for one (under $2500). Your degree is great but it is not a license to print money. You could probably go out right now and qualify for a loan to buy too much car and too much house but you'll be miserable keeping up with the payments. Financial expert Dave Ramsey calls it "Doc-itis". You could probably call it "Nurse-itis" too. If any of this makes sense, you should check out Dave's site. Good luck!

    http://www.daveramsey.com
  3. by   Imafloat
    I am 6 months into my nursing career and I have paid off a lot of debt. We are taking our kids on a beautiful vacation, renting an oceanfront home for a week. I am so excited, I have wanted to take my kids on a beach vacation for many years. This will be a bit costly and it goes against my frugal senses, but you have to live a little once in awhile. I am so excited and looking forward to our vacation that the cost doesn't bother me, I have been socking away money for this vacation with every paycheck. After all the hard work and stress of school and being a new nurse, my family is ready to decompress.

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