The Broken Promises of MLMs #254

There’s a massive difference between how something feels versus the actual reality. We’re talking about vibes as opposed to empirical evidence. And that’s why we’re happy to talk with Dr. Jean Twenge who is a professor of psychology over at San Diego State University. She has res ...  Show more

We’re kicking off the week by answering your listener questions! And if you have a question that you’d like for us to answer on the show, we’d love for you to submit your own via HowToMoney.com/ask , send us your voice memo. Regardless of how random or bizarre you might think it ...  Show more

Every year, thousands of Americans lose money participating in multi-level marketing (MLM). So, last year, when a new business idea that promised to correct MLM's sins bubbled up on Instagram and TikTok, a lot of people hopped off the MLM train, and onto this new one, lured by th ...  Show more

When it comes to MLMs (multi-level marketing) brands, Nicole is torn. She's heard some horror stories exposing an exploitative underbelly of MLMs, but she's also spoken firsthand to people who attribute all of their financial success and happiness to their work with MLMs. Today, ...  Show more

If it looks like an MLM and quacks like an MLM… is it an MLM? That's the big dilemma our community member needs help with this week. Her brother is obsessed with a “self-development program” that’s apparently changing his life (and draining his bank account). Now he’s trying to s ...  Show more

Multi-level marketing businesses like Mary Kay, HerbaLife, and Amway are so ubiquitous, it's almost hard to imagine where they started or how deep their influence goes. In this special episode of Scamfluencers, Sarah Hagi talks with Bridget Read about her new book, Little Bosses ...  Show more