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Nursing in America
Budgeting for US Arrival - Part 1
Oct 24, 2023
Learn about budgeting for US arrival, understanding taxes, saving money for immigration, and money transfer options in this episode featuring nurses and financial experts. The importance of proper licensing and the role of a healthcare recruitment agency are also discussed.
26:30
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Quick takeaways
- It is crucial for nurses immigrating to the US to budget for various expenses, including pre-arrival costs, first 30 days expenditures, renting an apartment, and transportation.
- Continuous education and self-improvement play a vital role in the nursing profession, as exemplified by Nurse Kay's successful journey to the US and her determination to retire at a young age.
Deep dives
Budgeting for Immigration and Living Expenses
When immigrating to the United States as a nurse, it is crucial to budget for various expenses. Some key considerations include pre-arrival costs, first 30 days expenditures, renting an apartment, and transportation. The financial experts advise against converting the currency from your home country and suggest conducting thorough research to estimate anticipated expenses like housing and groceries. It is also important to be aware of tax rates, as they differ across states. Additionally, saving money before the journey and avoiding deficit spending are emphasized. The experts recommend allocating funds for living expenses while prioritizing savings for future needs and retirement.
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Discover
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