Interrupter CheckmarkInterrupter IconFacebookGoogle PlusInstagramGroupRamsey SolutionsTwitterYouTubeExpand MenuStoreCloseSearchExpand MenuBackStoreSign in

Ask Dave

Watch For Scams

Medical transcription and medical billing are the two biggest pitches on the internet. Do your homework on it first, Dave says.

QUESTION: Charlotte has a day job as a commission-only loan officer. Her income has dropped to a third of what it was two years ago. She has taken a part-time serving job to supplement her income, but she doesn’t like it. She heard about medical transcription and thinks she’ll double her income, but Dave thinks otherwise.

ANSWER: Medical transcription and medical billing are the two biggest pitches on the Internet for starting your own business. Do a lot more investigating before you spend money on school to do this and make sure that you can get enough work for yourself. A lot of people have gotten certifications on this from the Internet and not found work afterward. Be very careful.