YouTube: https://youtube.com/watch?v=ExxkmJAa0DQ
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View count:150,737
Likes:5,035
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Duration:22:34
Uploaded:2019-09-10
Last sync:2024-09-06 05:45
Chelsea breaks down the hard truth about MLMs, and how they take over the lives of the people we love, hurting them financially (and making their social media presence really annoying in the process).

AARP study on MLMs: https://www.aarp.org/content/dam/aarp/aarp_foundation/2018/pdf/AARP%20Foundation%20MLM%20Research%20Study%20Report%2010.8.18.pdf

How MLMs target women: https://www.huffpost.com/entry/mlm-pyramid-scheme-target-women-financial-freedom_l_5d0bfd60e4b07ae90d9a6a9e

Consumer Awareness Institute on MLMs: https://www.thebalancesmb.com/the-likelihood-of-mlm-success-1794500

Anti-MLM subreddit: https://www.reddit.com/r/antiMLM/

Poonique: https://ellebeaublog.com/poonique/

FTC on MLMs: https://www.ftc.gov/sites/default/files/documents/public_comments/trade-regulation-rule-disclosure-requirements-and-prohibitions-concerning-business-opportunities-ftc.r511993-00017%C2%A0/00017-57317.pdf

MLM segment on John Oliver: https://www.youtube.com/watch?v=s6MwGeOm8iI

Watch more of The Financial Diet hosted by Chelsea Fagan here: https://www.youtube.com/playlist?list=PLD30V46E07RR99cC0gCjKUbt-BKoDUcnc

The Financial Diet site:
http://www.thefinancialdiet.com

Facebook: https://www.facebook.com/thefinancialdiet
Twitter: https://twitter.com/TFDiet
Instagram: https://www.instagram.com/thefinancialdiet/?hl=en
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