Nursing has the strong potential of allowing one to make a good life for their family. But sometimes, people just get it all wrong along the way, either in terms of lifestyle choices or upfront in terms of school selection. Let's talk about it. Nurses Announcements Archive Article
Our finances are mostly decided by the choices we choose to make or not. You do not have to be a Wall Street guru (this is also debatable!) or a whiz kid to understand that if you spend way above your income, you stand a greater risk of falling into debt and other financial messes.
Some situations are simply unavoidable on how one can get into a financial mess (think hospital fees related to lack of insurance or bankruptcy from staggering hospital fees!) and yet others are consciously made with or without thoughts to the long term effects of those decisions.
If you decide to pick an Ivy League school for nursing (laughable) or an especially exorbitant one, then please do be prepared to pay the piper when it comes to time to pay the school loan. Except those schools come with a sure guarantee of a job offer after school, it would be your best bet to pick a better affordable school and network like craz before graduation. By all means, do go to that accelerated school, just try and make sure that that expensive accelerated school is at least accredited. Why spend so much money and still have limitations at picking a place of employment?Not a good investment!
Please explain to me again how a five bedroom house with two and a half baths (with the white picket fence) is the right choice to make for a family of three? Things add up. When you begin to pay for space (or things) you do not need, you take away from saving up for things you do need.
Apple Air is all well and good. Iphone 6 or is it 7? No wait, its 8! Is even more better, but have you checked how much those run and the contract agree you have to add up along with that.
Out with the old, in with the new! All the time? No you do not need to offload all your clothes from last summer to make new ones for next summer. Pick and choose. You don't always have to follow ALL the latest fashion trends.
There are a plethora of funds out there, take advantage of them. Write that essay if that is what it takes you to get some finances towards covering some school expenses. Keep your grades up (high school students!).
No, you do not NEED the latest model of the Jaguar. Get yourself, a dependable Honda Accord or whatever else it is that runs well, is good on gas and still looks great, like new.
This might be tricky for some, but have you ever stopped once to tally how much of your spending goes on constant eat-outs? A lot! Learn to cook and have fun with it. Buy basics and staples and play with it, YouTube it, if you like. It's amazing what comes up on You Tube. Save some money while you are at it and know what goes into your meals.
Find a way of paying yourself, it could be automatic payments so you have no idea when it gets taken out, much less painful that way. Save for the rainy day
"I don't know" is no excuse. Find out and then transfer/instill these good habits into your kids.
Share your helpful tips & what has worked for you.