Understanding Financial Dynamics in a Marriage: A Daily Reality

#shorts Understanding Financial Dynamics in a Marriage: A Daily Reality. Discover how navigating finances together can strengthen your relationship! By communicating openly about budgeting, expenses, and saving, couples can avoid common money pitfalls and build a brighter financial future. Learn tips on managing joint accounts, addressing debt, and setting financial goals. This insight is valuable for newlyweds and long-term partners alike. Strengthen your bond while mastering money matters! Don’t forget to watch till the end and subscribe for more relationship tips!

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Trading cryptocurrencies involves risks and may not be suitable for all investors. Please carefully consider your investment objectives and risk tolerance before trading. Remember, any form of offering does not guarantee returns on investment. Our content provides general market commentary and does not constitute investment advice. We do not accept liability for any losses incurred from reliance on our information. Your financial decisions are your responsibility.

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Multi Level Marketing (MLM) companies have been around for a long while now. Yet their controversy seems endless, with accusations of being pyramid schemes, or operating in a cult like fashion…

It’s time we dive into the MLM industry and find out exactly what is going on…

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Outro: My My Snake Eyes (Feat. Malena Stark) – The Darkness Of The Light

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These companies follow a Multi-Level Marketing model, that means they often do not sell their products/services via retailers, but through a workforce of people sometimes called their “distributors”. This strategy is also often labelled as Network Marketing.

Examples of these companies are: Herbalife, Amway, ACN, Younique, LuLaRoe, Arbonne, Beachbody, doTerra, Mary Kay, Nu Skin, etc.

Although it seems ordinary on the surface, many of these companies have received a great amount of backlash, with entire communities built to oppose these companies (often labelled as the anti-mlm community).

The question here is: why the backlash?

In this video we dive into the industry and the reasoning behind the backlash, as well as the shady practices some MLM companies use in order to keep their distributors inside the company.

Some of these practices include the selling of a “dream” and promises of high returns, wealth, residual income, or “financial freedom” if they join, whilst simultaneously promoting many self-help concepts.

We also take a look at what exactly a Pyramid Scheme is, how to spot one, and whether the accusations against network marketing companies are deserved.

The pursuit of wealth and financial freedom can often be consuming – the question is who out there is choosing to exploit these desires…

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🙏 Special thanks to everyone who agreed to be interviewed and helped me out for my research on this video.

Also big thank you to @rubensalsaa (on Instagram) for helping me sort through my research and the countless clips!

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All materials in these videos are used for educational purposes and fall within the guidelines of fair use. No copyright infringement is intended. If you are or represent the copyright owner of materials used in this video and have a problem with the use of said material, please contact me via my email in the “about” page on my channel.

SPONSORSHIP DISCLOSURE: This video was sponsored by Skillshare.

AFFILIATE DISCLOSURE: there may be a few links in this description that, at no cost to you, will earn me a commission if you choose to click them and make a purchase 🙂
Don’t worry – I only ever promote things that have genuinely helped me.

Copyright © James Jani 2020

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Prologue – 00:00
Part 1: The Pitch – 03:17
Part 2: The Opportunity – 6:20
Ad Break – 14:06
Part 3: The Industry – 15:49
Part 4: Pyramid Schemes & Cults – 18:36
Part 5: Unravelling the Truth – 22:37
End/Bloopers – 27:47

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⚠️ Disclaimer- This channel does not promote any illegal content, all content provided by this channel is meant for Education purposes only. The content provided in this video is for educational purposes only. The information is intended to enhance knowledge and understanding in the subject matter and should not be construed as professional advice. The views expressed are those of the author or creator and do not necessarily reflect the views of any organization or institution with which they are affiliated. No part of this material should be reproduced for commercial purposes without permission. While efforts are made to ensure the accuracy and reliability of the information, the author or creator make no guarantees regarding the completeness or correctness of the content. Users are encouraged to verify any information before applying it in real-world scenarios.

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This video was inspired by Morgan Housel’s amazing book “The Psychology of Money”

I hope this short video inspires you to put down your phone (and social media) for a few hours and go out and grab a copy of this book for yourself.

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What is The Psychology of Money about?

You may think of money as just numbers, spreadsheets, math or an equation that needs to be solved, but the real financial decisions are made away far from calculators, around dinner tables – with ego, pride, fear and personal history.

The true nature of money is the dance between the cold arithmetic of a spreadsheet and human nature.

When it comes to money we are complicated creatures and financial success is not so much about how much you know but how you behave.

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Mind Trap decks
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(05:56) Pessimism & Money
(07:40) Two Forgotten Elements (A story)
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(16:30) The Real Price
(19:13) Hedonic Treadmills (enough?)

🍿Here are some other videos from the channel you may be interested in watching…

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📽️Rich Dad Poor Dad | (Detailed Summary)

📽️The Laws of Human Nature (Detailed Summary)

📽️The Four Agreements (Detailed Summary)

📽️Limitless by Jim Kwik (Detailed Summary)

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Welcome back for another daily market update as always this will be a jam packed one!

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My name is Joe Brown, and I’m a former stock broker who spent years advising the top 1% on how to manage their wealth. After making enough money to leave the corporate world behind, I turned my attention to teaching regular people financial strategies that exist outside the mainstream – things you’ll never hear from your traditional fiancial advisor.

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