Money Feels

27: MLMs and Your Money

June 01, 2023 Bridget Casey and Alyssa Davies Season 3 Episode 27
Money Feels
27: MLMs and Your Money
Show Notes

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!