S4E4: MLMs and Pyramid Schemes: Paths to Wealth?

Update: 2022-08-28

Description

Season four is all about the various scams and frauds you need to be aware of while on your financial journey. In this season we will discuss scams, pyramid schemes, predatory practices and more. Today we’re talking about Multi-Level Marketing Companies and Pyramid Schemes and whether they're a path to wealth. Submit your question to be discussed on the podcast or a story of your experiences, here.

*Student Loan Update*

What is an MLM?

What is a Pyramid Scheme?

What are the differences between the two?

How do MLMs work?

Examples of MLMs

Who do MLMs target?

Are MLMs a way to become rich or wealthy?

Examples of Pyramid Schemes

What are the red flags?

Are MLMs (pyramid schemes pretending to be MLMs) worth it?

Comments

In Channel

Ep 58: Budgeting Wasn’t Optional

2023-06-0316:36

S6E6: Negotiating College Tuition and Costs with Dr. Wright-Hamor

2023-03-0401:02:33

S6E5: The 5 Money Languages

2023-02-1120:35

S6E4:5 Questions To Ask Your Partner

2023-01-2917:19

S6E3: How To Start Your Investing Journey With Andre Albritton

2023-01-2131:58

S6E1: 3 Goals For 2023

2023-01-2109:30

S6E2: Bridging The Gap Between Women and Crypto with Kendra Cole

2023-01-1436:14

S5E4: 5 Versions of You For 2023

2022-12-1013:42

S5E3: Time, Money and Emotional Management

2022-12-0301:05:43

S5E2: 4 Tips To Find Your Starting Point

2022-11-1227:31

S5E1: 4 Lessons In Moving Back Home

2022-11-0539:40

S4E8: Season Review

2022-10-2929:02

S4E7: Environments Shape Our Financial Perspective with Tremaine Wills

2022-10-0829:00