My personal goal is when my mortgage is paid off by half - just 125K to go!
Posted By: dlc on 2006-09-07
In Reply to: At what age would most MTs like to cut back and just have a nice job and not worry about the money - MTPA
Then I will cut back to part time and let hubby carry me. :-) He makes lots more than I do now anyway.
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i specifically refinanced my mortgage because my lender transferred my mortgage to a company
that offshores. Ironically, my NEW mortgage co. just transferred me back to the same company that offshores. I can't win.
If you bought it new go for half of what you paid or it - sm
If you bought it used then try to get back what you paid for it unless it is not in good shape. If you don't remember what you paid for it, look it up on the internet what it sells for now so you can get an idea what the value is.
Just wait till you're 10+ years into it and getting paid half of that.
x
I'll bring the dip and the half and half ;)
For QA consulting I'm paid per hour; QA instructing (college) paid salary, QA editing paid per li
I am an IC and work for two different MTSOs as well as instruct at a business college.
You don't need a mortgage if you can't eat.
x
this is my goal too...
haven't reached it just yet, though.
what is the LPH goal they have for you?
x
Definitely have a goal! sm
I certainly want to be involved in high-level administration. I have arranged some interviews with several professionals to get more of a realistic scope of their positions so I can tailor my educational pathway accordingly.
Thank you so much for responding!
If you need a goal, then set your
own goal based upon what you are doing now. Stop comparing yourself to others. What if you found out the other gals are doing twice as much as you? Will you magically find a way to do twice as much as you are now, or will you feel worthless because you are only half as good an employee?
You SHOULD BE DOING your own personal best, always, no matter what everyone else is doing.
That is my mortgage payment alone - sm
Our expenses for the month are about 5-6K per month.
If only, if only...Our mortgage alone is 2650.
s
Knowing what my mortgage is....sm
truly keeps me motivated....the mortgage is HUGE....*bites nails*
*lol*
mortgage shopping
Hi, this board is so helpful regarding so many different things, I thought I'd ask about my current dilema. Just sold my home in SE New Mexico, moving to Albuquerque. Obviously a site built home is the easiest one to get a mortgage for at low interest rates (I have excellent credit), but because of the cost I'm also looking at manufactured/mobile homes on their own land and in a park. This is just for me and my dog, so I don't need anything large anyway. Does anyone have any advice regarding buying a modular/mobile home as I have never owned one before? Thank you for any thoughts you might have regarding this.
Put your name on the deed, just not the mortgage
talk to a good loan officer at a bank about the difference.
The ultimate goal
is accurate, timely reports to facilitate patient care, and whatever comes along to accomplish this will be used. We know it won't happen overnight, but , as we all know, new methods are being tried as we speak. Nothin' stays the same.
I sit a goal for myself, on 8 hours
I usually am hitting 3000 but that is both VR and straight. I do not want to work full time anymore so figured it would take about that a day in order to work just part like I want but still to get a decent salary.
My goal is $150/day, only type
I am a slow typer so I need all of the info that I can get about expanders/short cuts. I am only getting 7cpl and can type about 135 lph (slow I know). Anyway, I need to be making $150 a day at least. What do I need to do specifically to accomplish this in a 6 to 8 hour day? I have Instant Text.... Thanks
Info from 2 different mortgage officers.sm
I wasn't implying that you COULDN'T get approved, I was saying that your score would be higher with fewer open accounts, whether or not they were being used.
For most the mortgage/rent is the most expensive.
nm
About 50K in debt not counting mortgage. nm
x
Website address is for mortgage co?nm
x
The Mortgage-Lifter Tomato
A few years ago, I heard the story behind this great garden vegetable and did order some mortgage-lifter seeds from a catalog.
In the 1960s, a gentleman developed/raised mortgage-lifter tomatoes, selling them off for $1.00 each and sold enough to pay off his $6,000 mortgage. Thus, he named them mortgage-lifters.
Granted, it's too late in the year to start this enterprise now, but selling seedlings to gardeners is one way to earn some extra money.
I live in a rural area and do plant a small vegetable garden every year. I start tomatoes from seeds, and usually end up with more plants than I need. Most people I know do purchase seedlings; they don't start out with seeds. My son and I have decided that we will sell seedlings (more than just tomatoes) next spring at a weekly yard sale in our front yard.
Mortgage-Lifter story is here:
http://www.loe.org/shows/segments.htm?programID=05-P13-00038&segmentID=8
FOLLOWUP: We are now only $75.00 away from reaching our goal.
You generous donations are amazing and truly appreciated. Once the goal is reached, I will be walking into Walmart to speak to the store manager about getting a gift card to this family back east and know that the MTs children WILL have Christmas this year!
THANK YOU!
FOLLOWUP: We now only need $15.00 and we will have reached our goal
and I will be on my way to Walmart. You are all fantastic people to be so giving. I know that it's hard to scrape bucks together working in this industry and at this time of the year, so again THANK YOU for your emergency donations!
goal is 10,000 lines a week!... :) nm
x
Do you have a goal job you're shooting for? sm
I did not, so I figured the BS in HIM with the RHIA was my best bet, thinking I would be readily qualified for any job in HIM. Not quite true, but I never regretting spending the time, effort, and money on it to earn it. Had I KNOWN that I wanted to be coder, or a tumor registrar specifically, I probably would have opted for just their respective certifications, but I was young and not really sure where I wanted to end up. Interestingly, I found myself with a much harder job search than I'd been led to believe would be true. I couldn't get entry-level HIM jobs because I was perceived as 'overqualified' and offices felt I would quit and move on as soon as a better opportunity came along; but I couldn't get management-type jobs because my only experience was the clinicals I did during school--understandably so, I didn't want to manage when I didn't really know what i was doing! Your certification says "administrator" but your resume doesn't.
Best of luck to you, the education is never wasted. You'll get different opinions on certification, but your classroom learning and clinicals are well worth it.
My mortgage payment is nearly that much. Ten year loan.
Mortgage late payment question. sm
I have 18 months left on my 30 year mortgage, roughly 4K left. If I don't pay my February 1st payment until March 2nd, is it likely they will demand the whole 4K immediately? Just broke right now. 
ask the mortgage company to produce the note
Just heard about this tactic this week. Most mortgages have been sold and resold and if you ask them to produce the original note you signed on the mortgage most of the time they can't and it will buy you some time. Do a search on it.
I joined in the 70's because their goal then was professional wages.
it's 2008. they must not be very good at what they do. However, they do self promote extremely well.
Can deduct portion of mortgage, utilities.Equip
x
% of mortgage, water, electric, gas, trash pick-
x
This info would probably have helped reach your goal this morning! LOL Thanks! nm
n
Dishes once a week? My goal is to live life better than the day before.
Try to enrich my life, even if it's just a little extra prayer or a little thoughtful thing for someone who doesn't expect it. Everyday.
My goal is to eventually add commentary and humor/satire/etc...sm
I'm not talented in all those areas and hope to attract other MTs who are. There's no money in it at this point, unfortunately.
Jay
My goal every year is $52k, which I have done for the past 2 years working sm
for Keystrokes. I do radiology only, I should mention. I took the amount I wanted (actually needed) to make in a year, divided it by 52 weeks, divided it by 5 days, came up with $1000 per week or $200 per day. I divided that by 8 hours and by my report rate ($1.25). I know that I need to transcribe 20 reports per hour on average. I keep a tally. Some days, it takes me longer to do than others, but I sit down and do my 8 hours every single day. I use my Expander a LOT (literally for all but a few words). I am on one account, so I know those doctors inside and out. If I am short at the end of the week, I ask if there is work available on the weekend for me to do. The most I end up with 2 hours to make up what might have been short during the week.
At $40k, you would need to make $153.85 per day, or $19.23 per hour. At $0.07, you need to type 275 lines per hour, or 2200 for the day. This should be very easy to get with using an expander and sitting down with a set schedule.
It takes a while to get used to making sure you hit your internal quota every day. I have to think of it daily and make it up on Saturday or Sunday so that I never start a week behind my personal goal.
I also take an incentives that are handed out (for instance if they are asking for help in a backlog situation at increased rate) and work at least a partial shift on holidays. If I am ahead at the end of the week, I carry it to the next week and know that I have some lines in my internal quota bank.
I know this sounds weird, but it works for me. I have helped a few others to get to their goals as well, and this seems to work for them too.
I would also look for something that is more in the 0.08 to 0.09 per line range. Ask your lead for production tips. Ask other transcriptionists. It is very possible for us to make good money, we just have to focus on our goals.
I have a sales background, which involved sales quotas. This is easier as I am in control of my daily production, not on someone else's decisions.
Good luck!
lie detector tests too huh busy. just to see if everyone tells the truth about credentials and goal
I think they should check your medical and psychiatriac records too and see what type of medications you may be prescribed. Maybe they could interview your neighbors and family to see if you have a history or lying or fabricating, delusions of grandeur, bipolar or just plain character flaws. I have noted that on these boards sometimes people tend to fabricate. hahaha. bwaaaaaaahaaaaaaa
Check it all out before you can get a job working at home. I mean the pay is worth it to go through all the hoops and if you are exposed as a deviant too bad. No sense it taking ridiculous risks for .8 cents per line doiing medical transcription when you can ship it to India for way cheaper to all those good souls who don't have any vices.
if mt paid 9, editor paid 4 or 5...how can company charge 14 and make it..sm
I know the going rate in our area is 14 cents per line. As MTs most companies here pay us 8 or 9 cents a line. Now add in the Editor rate at 4 or 5 per line..you are paying OUT more than you can charge a line. How would companies stay in biz?
Unless all work is sent by the company overseas at pennies per line, this would not pay for a company.
just curious how this works out
But how much are the US EDs gonna be paid? Typically this work is paid at 2-3 cpl. nm
:+
You don't get paid an hourly rate you get paid by line - sm
so because of how you are paid (not an hourly rate) you don't get OT, especially if you are an IC.
I would move on. I think it is so unfair not to be paid for spaces! I think we should get paid
per keystroke, but that'll never happen. I just think that these national companies are going to keep finding ways to cheat us. I found a job working for a hospital as an employee, paid hourly plus incentive, and they let us expand everything! Somebody's gonna have to kill me to make me give up this job. I will never go back to the national's again.
I feel for you though. I know that for us MTs those good jobs are few and far between and some have little choice but to work for the nationals. I just happened to luck into the job I have now. I just applied at the right time.
Good luck to you whatever you decide.
If those companies paid a fair wage, and paid more
all came out equal, people wouldn't feel the need to try to make up the deficit by going for the good stuff. I actually prefer the harder, juicier reports. But I can't make a living doing only that, because the pay is not commensurate with the difficulty. So even though I prefer not to, sometimes I have to pick up some of the easier, more boring 'line-o-matic' reports just to make ends meet. Tell your MTSO to make it work their while, and MTs will stop taking all the easy work away that you obviously would prefer to keep for yourself.
You wont show UE being paid because it is employer paid -
the employee will never have to pay this.
What you "should" be paid and what you "are" paid
sadly are two very different things. Good luck on demanding more..because someone else will just come along and take it for what they offer and they know it. 
1 out of 2, 1/2 looks like one-half
what do you do in this situation?
I have it also and they don't have even half sm
when you are doing angios and MRIs.
Could you do half and half - QA/MT?
Some days I think I'd rather do QA - I have carpal tunnel and I could sit in my recliner and QA because I wouldn't have to be pushing a foot pedal all the time and could use hot keys, and it would be a change of pace. But then I have days at a time, if not weeks, where I have the worst dictators. I rarely have blanks, but I do have them, and I think no way do I want to be stuck listening to every horrible dictator, although my company pays by the hour and a good rate, so it would be nice not to have to worry about working 50+ hours/week so I can pay my bills because I don't have a consistent pay check to try to budget with.
Which half?
nm
they get half pay for retirement too!
Bus drivers are making $63,0000 and that is with no education. you can be a hs dropout or a foreigner. I hate NY and glad I left.
As an IC half-time I still use believe it or not...
I loved WP5.1 from the getgo....and still love it and all my private MDs are fine with it - they merely convert the floppy diskette over to whatever program they use. No complaints SO FAR and it's been TEN YEARS!!!! *lol*
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