Travel nurse makes $187,000/ year without a bachelor’s degree

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How a 22-year-old making $32,000 in Cincinnati, Ohio spends her money

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In 2020, at the height of the Covid-19 pandemic, Aspen Tucker was working as a personnel nurse at a medical facility in his native Spartanburg, South Carolina, making approximately $2,000 per biweekly income. When he saw a publishing for a travel-nursing task in Amarillo, Texas, paying $6,700 a week, he was almost on the next flight.

“I hate to say this, but I didn’t give notice. I got my stuff, went to Texas, and told my manager when I got there, ‘I’m sorry, I’ve got to go. This is a once-in-a-lifetime opportunity,'” Tucker informed CNBC Make It.

Tucker, now 29, has actually been on the roadway since, getting travel-nursing agreements that vary from 4 to 13 weeks long. While on agreement, he generally works 48- to 60- hour weeks, putting in long shifts to optimize overtime pay.

The objective behind all that overtime is downtime. Tucker works just 9 months out of the year and invests the rest of his time back in South Carolina or on trip. His 2022 earnings: $187,000

“I absolutely love living in Spartanburg and being a travel nurse. Spartanburg has a small-town feel. I know everyone here. I have family here,” he states. “The big benefit is the low cost of living in South Carolina. I’m able to have a high salary as a travel nurse, but come back to where the cost of living is low.”

The benefits and downsides of travel nursing

For somebody like Tucker, who states he has actually imagined taking a trip given that youth, travel nursing uses some apparent appeal. His tasks have actually taken him all over, from Rhode Island to California.

As an occupation, it’s a no-doubt cost entertainer. Tucker started his profession as a travel nurse after making a partner’s degree. On average, a four-year bachelor’s degree will cost about $29,000 annually, compared to simply over $11,000 for two-year degrees, according to the most recent information from the National Center for Education Statistics.

A more pricey education typically accompanies a greater income. The typical yearly pay amongst American employees with a bachelor’s degree has to do with $69,000, according to the Bureau of LaborStatistics Those with a partner’s degree average simply over $50,000

Travel nursing bucks that pattern– however it isn’t for everybody. It includes downsides both individual and monetary.

Time far from household

Life on the roadway indicates time far from your normal support group. “I’m away from home, I’m away from family, I’m away from my dog,” statesTucker “I’m way outside my comfort zone — usually in different cities or different states. It does have its challenges.”

A challenging workplace

Hospitals generate travel nurses when they require additional personnel pronto, so there’s no time at all to alleviate into things.

“As a personnel nurse you might get 8, 10, even 13 weeks to get [integrated] working there, however as a travel nurse, you get a day,” Tucker states. That might imply finding out brand-new workflows in the middle of language barriers or with personnel that’s less than happy you exist.

It’s not uncommon for personnel nurses to ask him about his pay, Tucker states.

“In their mind they’re thinking, ‘This company doesn’t want to pay us, but they’re willing to pay somebody to come here for a short period of time to make this kind of money.’ It creates a little bit of animosity there,” he states.

Spotty healthcare

What’s more, travel nurses pay premiums for medical insurance when they’re under agreement however aren’t covered in between tasks. “I try to think smart and get everything done while I’m under that contract,” Tucker states.

Recently, that implied getting hurting knowledge teeth pulled while operating in California.

That likewise indicates when he’s on break, he’s discovered to live carefully. “I used to play a lot of basketball and stuff. And now I’m like, ‘If I don’t have health insurance, I can’t go ahead and break my leg.'”

Complicated financial resources

If you’re not happy to live a totally nomadic way of life, being on the roadway indicates spending for a great deal of things two times.

In December 2022, while operating in Fresno, California, Tucker spent for a home mortgage on his home in Spartanburg, plus the expense of a long-lasting remain in anAirbnb He spent for a rental automobile for the month in addition to the payment on his truck. He likewise looked after his living expenditures while paying pals to stroll his pets and watch on his home and vehicles.

Tucker’s option to settle the expenses: making additional earnings from realty. He just recently bought a duplex in Spartanburg and leas half the house to a long-lasting tenant while noting the other half onAirbnb He’s preparation to lease his main home too when he runs out town.

In truth, that’s how Tucker intends to utilize realty earnings to change or supplement his income when he ultimately stops travel nursing.

” I wish to develop more realty chances for myself [so] that I can work less and less,” he states.

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CHECK OUT: 29- year-old travel nurse took a possibility to make $187,000 and just work 9 months a year: It’s ‘a once-in-a-lifetime opportunity’