27: MLMs and Your Money
We're your hosts, Alyssa and Bridget. Welcome to the podcast, where we talk through our money trauma and create a better understanding of building a healthy relationship with finance. We've now launched our Patreon! Subscribe for bonus episodes and extra content from your hosts.
In today's episode, we discuss the following:
- What are MLMs, and what do they look like?
- Our experiences with MLMs
- Distribution structures (upline/downline)
- Their recruitment methods
- How much money do people actually make in MLMs?
- Red flags you’ll notice
- The cultish-ness about MLMs and the language they use
- What about financial MLMs?
- Management Expense Ratios (MER) and mutual funds
Resources mentioned:
Thank you for listening to today's episode! Join us next week for a new one. Until then, follow us on Instagram @mixedupmoney, @bridgiecasey and @moneyfeelspodcast, and we’ll see you next time!
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