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Money Feels

27: MLMs and Your Money

Jun 1, 2023
56:52

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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