It's strange power the word "money" has, especially in this field since we are viewed as "angels", therefore expected to be paid as little as possible and still love the job for only the sake of helping others...
well, quite frankly, I joined this field for financial reason($), and I have no problem standing by that claim when anybody asks me, but I am single without kids, so have to pay almost 30% of income, and I know people out there make money so spanking easily. So has any of you figured out or heard of some tips to make some extra money? I know this nurse who used to do travel nursing + prn homehealth on the side and made almost $100,000/year.
Sure helping people is great, but I want to make more than what I do now, more than 12hr x3/week then guzzling 30% into taxes... (more shift I do, more goes to taxes anyways!) some people are just good at these kinds of things, so if you have some ideas, slam it on the table for us!
Neoconservatives, or neocons, rose to power during the GW Bush years. Their beginning is sometimes traced to something called The Project for A New American Century, a Washington think tank founded in 1997. They claimed they were trying to resurrect Reaganite policies. (Seemingly forgetting or not ever actually knowing what Reagan actually did). You can see some of the history here:
Regardless of their stated principles, many of the PNAC members or acolytes ended up in the GWB administration and were largely responsible for launching the post 9/11 Iraq War. Some of the individuals were Donald Rumsfeld, Paul Wolfowitz, Richard Armitage, John Bolton, Richard Perle, I. Lewis (Scooter) Libby and others.
The neocons allied closely with the religious right, anti-tax, and anti-government zealots to help launch the war in Iraq, slash taxes for the rich, and remove regulations on banks, which led to many bad things, including the worst economic disaster since the great depression.
Neocons, I came to learn, were/are pathological liars. They will lie incessantly to achieve their goals and will keep lying even when presented with evidence (See: WMD in Iraq, Global Warming, Iraq helping commit the terrorist attacks on 9/11...the list goes on and on). The rise of Fox News accompanied the rise of the neocons and people like Karl Rove, Limbaugh, Hannity and others carry on the tradition of incessant lying.
I understand your question, as the term neocon isn't used quite as much, sometimes replaced by "Teabagger." The "Tea Party" folks are a different breed. I don't think they are liars as much as they were duped by the neoconservatives, believing all their falsehoods and breeding policitians like Palin, Michele Bachmann, and Marco Rubio.
In at least one way, the neoconservative movement deserves praise for giving the Republicans the tragedy of the Palin Vice Presidential pick. Her actions then and today remind us just how spectacularly misinformed and willfully ignorant the neoconservative followers became.
I know, you are sorry you asked. Here's a shorter version: neoconservatives believe the rich should not pay taxes, the United States was founded on Christianity, and never met a war they didn't like.
Neoconservatives, or neocons, rose to power during the GW Bush years. Their beginning is sometimes traced to something called The Project for A New American Century, a Washington think tank founded in 1997. They claimed they were trying to resurrect Reaganite policies. (Seemingly forgetting or not ever actually knowing what Reagan actually did). You can see some of the history here:
Regardless of their stated principles, many of the PNAC members or acolytes ended up in the GWB administration and were largely responsible for launching the post 9/11 Iraq War. Some of the individuals were Donald Rumsfeld, Paul Wolfowitz, Richard Armitage, John Bolton, Richard Perle, I. Lewis (Scooter) Libby and others.
The neocons allied closely with the religious right, anti-tax, and anti-government zealots to help launch the war in Iraq, slash taxes for the rich, and remove regulations on banks, which led to many bad things, including the worst economic disaster since the great depression.
Neocons, I came to learn, were/are pathological liars. They will lie incessantly to achieve their goals and will keep lying even when presented with evidence (See: WMD in Iraq, Global Warming, Iraq helping commit the terrorist attacks on 9/11...the list goes on and on). The rise of Fox News accompanied the rise of the neocons and people like Karl Rove, Limbaugh, Hannity and others carry on the tradition of incessant lying.
I understand your question, as the term neocon isn't used quite as much, sometimes replaced by "Teabagger." The "Tea Party" folks are a different breed. I don't think they are liars as much as they were duped by the neoconservatives, believing all their falsehoods and breeding policitians like Palin, Michele Bachmann, and Marco Rubio.
In at least one way, the neoconservative movement deserves praise for giving the Republicans the tragedy of the Palin Vice Presidential pick. Her actions then and today remind us just how spectacularly misinformed and willfully ignorant the neoconservative followers became.
I know, you are sorry you asked. Here's a shorter version: neoconservatives believe the rich should not pay taxes, the United States was founded on Christianity, and never met a war they didn't like.
Thanks!
you just emblemed yourself as a well-educated, intelligent son/daughter of a gun. the way the explanation of neoconservatism has been encripted through your post appears natural and satisfying as that of a butter sliding down the hot knife or having that long pole fit where you exactly need them in tetris (we are talking about tetris yal :)). taxes should be best advantageous for the middle class like you and me.
by the way, my employer matches max 10%. I am going to ask the company financial adviser about it and increase my contribution.
quick question by the way. I am discussing about this thread with my colleagues and this is causing me some confusion. So I presented the idea of doing OT for critical bonus (1.5 X) and raking some money working extra day. They are all telling me that this will cause in serious financial downfall because at the end of the year, I will have to pay the gov instead of getting any returns unless I have kids or home payments, or going to school. My friend works 2 extra shifts per pay period and ends up getting most of it taxed and having to pay the gov more money instead of getting tax returns, thus enraging him to quit doing OTs ever ($3200 gross but got only 2400... plus possibility of owing more to the greedy pigs at the end of year? Robbery!). They are recommending a PRN job (in a hospital unit) instead since they don't affect tax too much compared to OTs.
This evening discussion definitely got my curiosity going. The rest, I will let you financial bright minds to work. Thanks!
Specializes in Oncology; medical specialty website.
you just emblemed yourself as a well-educated, intelligent son/daughter of a gun. the way the explanation of neoconservatism has been encripted through your post appears natural and satisfying as that of a butter sliding down the hot knife or having that long pole fit where you exactly need them in tetris (we are talking about tetris yal :)). taxes should be best advantageous for the middle class like you and me.
by the way, my employer matches max 10%. I am going to ask the company financial adviser about it and increase my contribution.
Holy cats! Ten percent! I have never heard anyone match that much. That is spectacular!
I have coworkers who advised the same thing, that with PRN you get more money in your pocket, but the government is actually pretty smart and will get its money from you whether you earn it at one job or two. A financial advisor might be helpful to work out tax scenarios SPECIFICALLY based on your info. But again, when I worked more I did in fact make more. Working overtime I earned more with fewer extra hours than working a per diem. For me, the big benefit to working per diem somewhere else is having your foot in the door at another place for possible future job moves and spending too much time at one place made me SUPER sick of that job.
Getting a tax return means you gave the government an interest free loan. It's nice to get a chunk of money at the end of the year but that's money that didn't earn you interest or improve your quality of life of go towards paying down any debt. If you get no tax return it means that you calculated your tax withholding correctly the entire year. I've been told that ideally, you work out to OWE the max without having to pay a penalty every year and pay that out of savings you've been accruing interest on, but that's not something that would work for me.
My friend works 2 extra shifts per pay period and ends up getting most of it taxed and having to pay the gov more money instead of getting tax returns, thus enraging him to quit doing OTs ever ($3200 gross but got only 2400... plus possibility of owing more to the greedy pigs at the end of year? Robbery!)!
Your friend is wrong. Overtime pay is not taxed at a higher rate than regular pay, it is taxed at the same rate. Read the previous sentence over and over and over again.
There are many factors that go into whether you get money back at the end of the year, like deductions and how many exemptions you claim.
It's like this:
If you usually get money back at the end of the year, you will get more money back at the end of the year if you work more. This is because you are OVERPAYING your federal and state taxes each check. Your refund adds up faster.
If you usually pay in, you will have to pay in more at the end of the year if you work more. You are UNDERPAYING your federal and state taxes each check.
Either way, if you work more, you make more. "The gubmint" does not "tax most of it."
I don't think your friend is lying, he is simply horrible at math.
From what I've seen usually hospitals either have a pension or match a %
Id be damn shocked to see a hospital that does both
Yeah there is a pension but it looks like I'll never vest since I'm part-time. I've worked there 6 years and it says I have 1 year of service for vesting purposes. The paperwork says 100% vesting in 3 years, so I guess 18 for me?
I think it is kind of interesting how little so many (young) Americans know about retirement and saving.
Instead of focusing so much on taxes, put your energy into early retirement and saving. Every older person I have talked to has told me that they wished they would have started saving when they were younger because now they will HAVE to work well into their sixties at the bedside. I have NO desire to keep on working as a staff nurse pass my mid-fifties, if that. I want to spend the last twenty or so years of my life traveling the world, spending time with my family.
Do you want to keep working holidays, weekends and nights thirty+ years from now? If so, keep saving as little as you are right now, and you will surely be working until the day you die. If you are in my age group, you won't have social security. SS is pennies and nickles (not enough to cover all of your expenses), and it will be gone by the time we are our parents' age. Our generation is going to have work harder and save more than previous generations in order to even conceptualize retirement. If we continue on like our parents, we will be SOL.
Specializes in Cath Lab & Interventional Radiology.
I have read threads about nursing in Saudi Arabia. It looks like the first $97,600 is tax free, and housing is included. Not sure I would ever do that, but maybe you would be interested.
I have coworkers who advised the same thing, that with PRN you get more money in your pocket, but the government is actually pretty smart and will get its money from you whether you earn it at one job or two. A financial advisor might be helpful to work out tax scenarios SPECIFICALLY based on your info. But again, when I worked more I did in fact make more. Working overtime I earned more with fewer extra hours than working a per diem. For me, the big benefit to working per diem somewhere else is having your foot in the door at another place for possible future job moves and spending too much time at one place made me SUPER sick of that job.
Getting a tax return means you gave the government an interest free loan. It's nice to get a chunk of money at the end of the year but that's money that didn't earn you interest or improve your quality of life of go towards paying down any debt. If you get no tax return it means that you calculated your tax withholding correctly the entire year. I've been told that ideally, you work out to OWE the max without having to pay a penalty every year and pay that out of savings you've been accruing interest on, but that's not something that would work for me.
thanks for the brief run down on that. I will most likely get an answer from company financial adviser (if we got one) or guy who does the taxes for me to find out based on my situation. I am not working extra if all that will cause me is more tax and more to give back at the end of the year.
but then again, someone else thinks that's bad math, and I think it's good idea to check and make sure first before jumping into something.
mhy12784
565 Posts
You have a pension?
From what I've seen usually hospitals either have a pension or match a %
Id be damn shocked to see a hospital that does both