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How to Avoid MLM Pyramid Schemes

MoneyWise

Christian talk radio with Rob West

November 11, 2019

How can you tell when a multi level marketing opportunity is legitimate and not just a scam to steal your money? Today on Money Wise, Rob West and Steve Moore discuss what you need to know on the subject. Next, Rob and Steve answer your questions at (800) 525-7000 and [email protected] about the following: -I am 70 years old and I am going to be selling my business for 300K. What should I do with this money? -My wife and I are looking at buying our first home. My wife is leaning towards getting a traditional loan. We are 100% debt free and I'd love to keep it that way. I am thinking that I should use my skills and build a home over the next 5-7 years. Advice? -My husband and I are thinking of taking out a life insurance policy on ourselves for our daughter who is dependent on us. Advice? Be sure to check out our new website at moneywise.org to connect with a MoneyWise Coach or access our books, videos, or any of our free helpful resources. You can also find us on Facebook. Thanks for your prayerful and financial support that helps keep MoneyWise on the air. And if you'd like to help, just go to the website and click the Donate tab at the top of the page.

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