Okay fellow mylotters...

United States
February 13, 2009 2:30pm CST
How many of you have heard of Primerica, the MLM that brings people in to make money by counseling families and helping them with their financial stewardship skills? You have an upline, you are able to work your way up by helping others become financial counselors under you, and then they in term will help others. My wife calls that a "Ponzi scheme." Do you agree? What actually is a Ponzi scheme?
1 person likes this
1 response
• United States
13 Feb 09
I seriously considered working for Primerica a couple of years ago. It was going to take me getting all of my insurance and securities licenses before I could start making money. I wasn't passionate about it, so I didn't invest in it. Yes, you have to pay for all of your licenses and testing (which is not cheap) I'm glad I didn't go with Primerica because my wife and I are now stay at home parents because of this opportunity http://irish4evermore.myworldpower.com Regardless of what you do, be passionate about it and you'll do fine. BTW, they are a legit company and are in no way a Ponzi scheme (Pyramid Scheme)...
1 person likes this
• United States
13 Feb 09
We are in no position to pay for the licensing fees and everything. So I guess that disqualifies us right now. I am glad you did find something that worked for you. I do not see things as they are as where I want to be come 2014. So I would like to see something outside of what we are doing now happen. The biggest thing I loved about being part of Amway was the functions. I do love to travel, and do love to take overnight trips. I enjoyed my trips to Toledo, Ohio, to listen to different people who made it in the Amway business speak...I think Bo Short and Casey Combden were among my favourite speakers as well as Dex and Birdie Yager. But back to Primerica--I've heard alot about it. Several of our friends have taken part in that.