How can a RN make passive income?
Asked by: Jesus Parker | Last update: October 9, 2023Score: 4.4/5 (65 votes)
- Writing a Book. ...
- Affiliate Marketing. ...
- Monetized YouTube Channel. ...
- Live Streaming. ...
- Patreon. ...
- Sell Photographs or Digital Art for Download. ...
- Rental Property. ...
- Design and Sell Nursing Courses.
How can a nurse make money passively?
- Become a medical transcriptionist. A transcriptionist types written documents from a recorded dictation. ...
- Work as a first aid instructor. With your nursing background, you can become a first aid instructor. ...
- Sell your scrubs. ...
- Become a content writer. ...
- Find a virtual assistant job.
How to make $100 000 as a nurse?
- Become a Certified Registered Nurse Anesthetist (CRNA) ...
- Become a Nurse Practitioner (NP) ...
- Become a Nurse Midwife. ...
- Advance in Nurse Leadership. ...
- Begin travel nursing assignment. ...
- Change Nursing specialties. ...
- Relocate to a higher paying state. ...
- Make sacrifices.
How can an RN make extra money?
- Offer telehealth care.
- Pick up extra shifts.
- Provide child and elderly care.
- Transcribe medical records.
- Tutor nursing students.
- Answer online surveys.
- Give health coaching.
- Become a travel nurse.
What is a good side hustle for nurses?
- Start a Blog. No, you don't need to be a website designer or even that good of a writer to make money blogging. ...
- Content Writer. On a related note, you might prefer to become a content writer. ...
- Transcriptionist. ...
- Seasonal Flu Clinic Aide. ...
- CPR Teacher. ...
- ProofReader. ...
- Tutor. ...
- Uber or Lyft Driver.
How I TRIPLED my income as a Registered Nurse
Can nurses have side hustles?
Yes, nurses are allowed to take on side hustles. Like any other professional, if they need income in addition to their full-time employment, nurses can use their skills and training to earn more, work part-time, become nurse entrepreneurs, or even just work a few extra hours a week.
How to make a million dollars as a nurse?
- Certified Registered Nurse Anesthetist.
- Clinical Nurse Specialist.
- Pain Management Nurse.
- Medical-Surgical Nurse Manager.
- Family Nurse Practitioner.
- Clinical Nurse Educator.
- Neonatal Intensive Care Unit Nurse.
- Nurse Administrator.
What is the highest pay for an RN?
- Certified Registered Nurse Anesthetist – $202,000.
- Nursing Administrator – $120,000.
- Neonatal Intensive Care Nurse – $120,000.
- General Nurse Practitioner – $118,000.
- Critical Care Nurse – $118,000.
- Certified Nurse Midwife – $114,000.
- Informatics Nurse – $102,000.
- Clinical Nurse Specialist – $95,000.
What RN job makes the most money?
Certified Registered Nurse Anesthetists earn a median salary of $195,610 per year according to the U.S. Bureau of Labor Statistics, making it the top paying nursing specialty. CRNAs typically work 40 hours per week, making the hourly wage average out to approximately $94.04 per hour.
Can you make 200k as a nurse?
In the last 2 years, I have made an extraordinary amount of money – for a nurse. In fact, my income level of more than $200,000 puts me in the top 0.01% of nurses in this country AND the top 2% of wage earners in the entire state of Pennsylvania. I made every cent of this income by working as a NursePreneur.
How can a RN make 6 figures?
- #1: Certified Registered Nurse Anesthetist (CRNA)
- #2: Certified Nurse Midwife.
- #3: Psychiatric Nurse Practitioner.
- #1: Relocate to a Higher Paying State.
- #2: Work Overtime Hours.
- #3: Get an Advanced Nursing Degree.
- #4: Change Positions or Specialties.
- #5: Start a Part-Time Business.
How to make six figures?
To earn a six-figure salary, you should look for a career in engineering, tech, or finance. While many other jobs offer a six-figure income, these industries are the most popular for high-paying salaries.
Do nurses struggle financially?
Many nurses struggle with student loan debt and lack emergency savings, which impacts their ability to save for retirement, but new provisions in the SECURE 2.0 Act of 2022, as well as other employee incentive programs, are potential benefits that employers can use to improve retention and address the recruitment ...
Where to invest as a nurse?
- Sign Up for an Employee-Sponsored Retirement Plan. ...
- Invest as Much as You Can in an IRA. ...
- Look for Credit Cards With Investment Rewards. ...
- Put Extra Cash in Interest-Earning Accounts. ...
- Consider Long-Term Investments and Buy-and-Hold Stocks. ...
- Diversify. ...
- Invest in Real Estate.
What is the most needed nursing specialty?
What type of RN is most in demand? All RNs are in demand more than other occupations. The BLS projects 6% job growth for all RNs between 2021 and2031, compared to 5% job growth for all occupations. Some specialties that are in especially high demand are neonatal nursing, surgical nursing, and critical care nursing.
What is the lowest paid RN?
- South Dakota ($60,540)
- Alabama ($61,920)
- Mississippi ($63,130)
- Iowa ($64,990)
- Arkansas ($65,810)
Is being a nurse worth it financially?
Ability to set salary goals throughout your nursing career
Overall, RNs earn an average annual salary of $82,750, while the average annual salary breakdown for RNs in different careers stages are: 0-5 years experience: $65,000. 6-10 years experience: $77,000. 11-60 years experience: $85,000.
Can you be wealthy as a nurse?
Yes, many nurses can become millionaires by following some simple steps. For starters, nurses should strive to increase their income, manage their expenses, and save and invest some of their money. It's not easy (otherwise, everybody would be millionaires), but it's doable. What is this?
Are registered nurses happy?
Overall, 88.7% of RNs with patient care responsibilities indicated they were either extremely or moderately satisfied with their primary nursing position. 90.2% of RNs without patient care responsibilities expressed satisfaction with their primary nursing position.
What pays similar to a nurse?
- Physical therapy assistant. National average salary: $15.58 per hour. ...
- Medical assistant. National average salary: $15.64 per hour. ...
- Sonographer. National average salary: $17.87 per hour. ...
- Radiologic technologist. ...
- Grant writer. ...
- Social worker. ...
- Pharmacy technician. ...
- Phlebotomist.
What is gig nursing?
On-demand, per diem staffing models and travel nursing boomed, and the growing gig economy spurred another flexible staffing approach: gig nursing. Gig nurses work as contractors employed directly by the hospital, not through a nursing agency.
Do side hustles count as income?
If you made a net profit of $400 or more from your side hustle, you have to pay taxes on it, according to the IRS. “Any earned income is subject to taxes and when you work for yourself or are a 1099 worker, there are no taxes withheld so you will be responsible for saving for any taxes due,” O'Leary says.
How to make 150K a year?
- Chief executive officer (CEO) Salary range in the U.S.: $63,824 – $286,084 per year. ...
- Midwife. Salary range in the U.S.: $74,047 – $148,589 per year. ...
- Pediatrician. ...
- Data scientist. ...
- Physician. ...
- Corporate controller. ...
- In-house counsel. ...
- Technical program manager.
How to make 250k a year?
- Anesthesiologist.
- Cardiologist.
- Periodontist.
- Dentist.
- Physician.
- Certified nurse anesthetist.
- Vice president of information technology.
- Vice president of operations.