Jump to content

How well is your living status?

Nurses   (3,335 Views 26 Comments)
by NoeIssa NoeIssa (Member)

NoeIssa specializes in MedSurg/Tele.

2,536 Profile Views; 59 Posts

Hi, I hope this is not inapproriate but I was just wondering this. I will graduate in two years as an RN. I was just wondering how your living status is? Do you live comfortably? Is the salary enough to live on as a single mom to still have a decent size home? Will I be able to pay bills and still buy myself things to spoil myself?

Share this post


Link to post
Share on other sites

536 Posts; 4,459 Profile Views

What state you live in, what city you live in, price of utilities, etc.......

determines how far your salary will go.

Share this post


Link to post
Share on other sites

jmgrn65 is a RN and specializes in cardiac/critical care/ informatics.

1,344 Posts; 12,071 Profile Views

I think that you can 20 people making the same money and they will all have different thoughts about whether it is enough money to be comfortable. I don't this has an answer except it pays more than flipping burgers and less than doctors.

Share this post


Link to post
Share on other sites

4,177 Posts; 14,128 Profile Views

have realistic goals

how many children do you have, will they need babysitters, can you arrange your children around your working hours

how much are your loans, do you get childsupport

here are many variables but i know a lot of nurses who raised their children and bought homes and put a little aside for the future

you are on the right track

Share this post


Link to post
Share on other sites

Altra is a BSN, RN and specializes in Emergency & Trauma/Adult ICU.

6,255 Posts; 40,287 Profile Views

I suspect (hopefully) that you've already given this some thought when you chose to pursue a nursing education. Right?

Share this post


Link to post
Share on other sites

388 Posts; 4,591 Profile Views

I live pretty comfortably in a big house and save a lot. But it's only because of my husband's income; I would not be able to afford that kind of lifestyle, being single mom and having to live on my nursing salary. So it all depends on your personal situation.

Share this post


Link to post
Share on other sites

1 Follower; 4,168 Posts; 29,333 Profile Views

Look on hospital employment websites. Look at how the majority of jobs in the hospital pay. Look at the wage ranges for housekeeping, dietary, HUC's PT assistants,etc. Now look at how much nurses earn. See, pretty good. Look up how much your medical and surgical interns earn- a modest set amount for the hours they work. Yes, you earn more than they do too.

For the nurses who really love the money, plenty of overtime is often available. Other nurses have a second per diem job at another hospital for the higher per diem rate.

Share this post


Link to post
Share on other sites

Tweety is a BSN, RN and specializes in Med-Surg, Trauma, Ortho, Neuro, Cardiac.

2 Followers; 28,919 Posts; 47,626 Profile Views

I agree there are too many variables but you might be disappointed. I notice my single mom coworkers fair much better if they get child support. If you manage your money well, you should afford a nice middle class lifestyle.

Real estate prices have skyrocketed around here. So the answer to your question would probably be no. Nurses are struggling to buy homes these days here. I've seen many of my coworkers move out of town and commute for affordable homes.

As was mentioned overtime is available.

I'm a single homeowner and I put away 10% of my salary, pay all my bills, insurance and property taxes on my nurses salary and it's a struggle when you add in a car payment (however currently my car is paid for), car repairs, vet bills for the dogs, car insurance, repairs around the house, etc. It always seems I'm taking two steps back financially. But I definately don't live paycheck to paycheck either.

Share this post


Link to post
Share on other sites

2,617 Posts; 8,907 Profile Views

I live very comfortably and have a single salary. But I live in a part of the country where real estate is fairly cheap, compared to other regions! My 2300 Sq ft home was $85,000 10 years ago. It takes me less than 10 minutes to drive to work. I buy a new car every few years, but they are all small sedans. Not living a fancy lifestyle I guess but I am content. I go to Europe every year because it cheaper to vacation there than in the states. My kids are grown, but grandkids aren't all that cheap! The average RN salary here is about $25/hr (varies widely depending on where the RN works and the length of experience).

Share this post


Link to post
Share on other sites

3,270 Posts; 17,165 Profile Views

I have a disabled husband and three (soon to be four) children. We own our home (a dumpy old brick house but it is at least out in the country) and land but because there are so many of us we are considered poverty level on my income. We aren't able to spoil ourselves but the older I get the less it matters for me to have "things."

Picture that movie "Vacation" with Chevy Chase when they stopped at Cousin Eddie's and there were a bunch of grubby kids running around and they were eating Hamburger Helper without the hamburger and the wife (who was about 8 months pregnant) was elated that Eddie said she could quit one of her night jobs after the baby was born...

I've never lived in a nice house my entire life so at my age why start worrying about it now? If you find yourself in a big house driving a new SUV and having the extras it will either be because you have a spouse who can afford it or because you are up to your eyebrows in debt. A nurse's salary won't make you wealthy. I'd say, if you are single the story might be different (but why would you need or want a great big house when you're the only one living in it?)

Share this post


Link to post
Share on other sites

NoeIssa specializes in MedSurg/Tele.

59 Posts; 2,536 Profile Views

I have a disabled husband and three (soon to be four) children. We own our home (a dumpy old brick house but it is at least out in the country) and land but because there are so many of us we are considered poverty level on my income. We aren't able to spoil ourselves but the older I get the less it matters for me to have "things."

Picture that movie "Vacation" with Chevy Chase when they stopped at Cousin Eddie's and there were a bunch of grubby kids running around and they were eating Hamburger Helper without the hamburger and the wife (who was about 8 months pregnant) was elated that Eddie said she could quit one of her night jobs after the baby was born...

I've never lived in a nice house my entire life so at my age why start worrying about it now? If you find yourself in a big house driving a new SUV and having the extras it will either be because you have a spouse who can afford it or because you are up to your eyebrows in debt. A nurse's salary won't make you wealthy. I'd say, if you are single the story might be different (but why would you need or want a great big house when you're the only one living in it?)

That is hilarious! I know what you mean as long as the bills are paid and your happy that is all that matters. My family is all about who has the nicest house and who drives the nicest car its ridiculous.

Share this post


Link to post
Share on other sites

ERRNTraveler is a RN and specializes in Peds, ER/Trauma.

672 Posts; 6,502 Profile Views

I am a traveler, so my husband, dog & I live in company housing- usually a 1-bedroom apartment in a gated community- most are very nice & have pools, spas, workout rooms... My husband does not work- he is working on his master's on-line. We do not own a home in our "home state." We own 2 cars- one travels with us, one is in storage, along with a lot of our furniture & other belongings. We are traveling to pay off debt we accumulated during the first years of our marriage while we were both in school. We live very comfortably on just my income- plus make extra to put down on debt each month.

Share this post


Link to post
Share on other sites
Guest
This topic is now closed to further replies.
×