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Thank you for using NurseWallet!

We are here to help! Check out our FAQs that can help answer any questions you have. 
Need more help? Call us at +1(844) 286-0295 or email us at



What is NurseWallet? 

NurseWallet is the money app for nurses. In one app you can check how many shifts you need to hit a savings goal, invest your money, and mange your student loans. 

Why use NurseWallet? 

We put all of your money into a language that you understand... shifts. Understanding your money is no longer just for bankers and finance bros; it is for nurses. 


I don't know how to invest. 

Perfect... not a problem! NurseWallet does all the heavy lifting for you. We will tell you how to set up automatic transfers based on your shifts so you don't need to think about it ever again. 

Isn't it a bit early to invest? 

No. The earlier you invest the better. Even if you invest a small amount, you make more money by having it in the market sooner. 

What if I don't make enough money to invest? 

The good news is that you can invest any amount, no matter how small. We do the math for you, and with the rest of your game plan in place, you won't have to worry about not having enough for your investments. 

Is investing gambling? 

Investing for the long term is not gambling. Our investing tool will automatically balance your portfolio so you are set for the long term. 

Is 401k/403b related to investing? 

Your 401k/403b is one type of investment account. The biggest advantage to them is that employers can match how much you put into them. If you have one, we can help you handle it. If you do not, we're here to help you get started.


WTF is a 401k/403b? 

A 401k or 403B is a special investing account, one you can only access through your employer, that comes with incredible benefits.

  • What are the perks?
    You don’t pay taxes on what you put in (more money for you).

  • ​What are the restrictions?
    It is only accessible through your employer, and you can't take it out until you turn 59 1/2 years old. 

  • Why do I need to put money in my 401k/403B account?
    Putting a little in each month means you will have more saved and be more prepared for when you retire. 

What are the benefits?

The upside: HUGE.
You save a bunch on taxes and some employers will even match your contributions up to a certain amount (in other words, free money!). It’s one of the best ways to ensure you reach retirement with confidence -- no one wants to be old and poor AF.

What are the restrictions?

You have to make contributions directly from your paycheck and you can’t pull this money out until retirement. Money can be withdrawn from the 401k before 59 ½ years old but it will be subject to income tax penalties. Certain exemptions also exist.

How is this different to investing?

A 401K/403B is investing. It is just a special account with tax benefits and restrictions for when you can access the money. Since they are offered through your employer, we recommend taking advantage of them if you can. If you can’t, no big deal. Our investment recommendation has you covered.

Why do I have to contact HR?

The 401k/403b accounts are managed through employers, so we can't set you up (yet). 

If you have any questions, let us know. We are happy to help you out here.

When can I take out money from my retirement account?

59 ½ years old.

Stashing pre-tax cash in your 401k/403b allows it to grow tax-free until you take it out. After you become 59 ½ years old, you can take your money out without needing to pay an early withdrawal penalty.


What kind of things count as standing monthly costs?

Anything that you would think of as a "bill" each month, e.g., rent, cell phone, wifi, bus pass. This includes things that you know you are going to regularly spend on, like gas or Chipotle. 

Do I need to track every dollar I spend?

NO! If you pay all of your maintenance costs out of this account, then you will be able to easily see how much you spend on it each month. 

We will set you up with another account for your guilt-free spending. More on that later.


What is this money for? 

Whenever you need a little extra cash for when shit happens. Car breakdown, unexpected gifts, cover your rent when between jobs.

How is this different than investing?

The way we see it, saving is for when you need some cash unexpectedly. Investing is so future you can live a richer life than you do now.

Should I be saving more than this?

How much you save is entirely up to you! We think it's better to put extra money in your investing account or spend it guilt-free. But at the end of the day - play your game.


Why use a credit card?

  • Easy to track - all your spending is in one place on one card

  • Build credit - the more you spend and pay off in full --> the higher your credit score

  • Good credit scores are useful for mortgages, apartment applications

  • Get rewards - credit cards offer money back or discounts when you spend certain amounts or at certain stores

What is the difference between cash back and travel cards?

Cashback - Get money back when you spend. Usually around 1.5%.
Best for: People who want a couple extra $$ in the bank

Travel Cards - Get points that you can redeem for free flights, hotels, etc. Best for: People who want more rewards for “free” vacations.

The Bottom Line

  • You get the same $ value back from each reward

  • The card depends on your preference: cash vs discounted trips

Need more help? Call us at 1-844-286-0295 or email us at

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