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:

• The Likelihood of MLM Success
• Vox Story
• The Dream podcast series
• LulaRich 

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!