Can you give me an example of a reputable MLM?

A couple of things I’ve noticed, and I’d like to comment on:
- First, thanks to JoeTaxpayer for the spreadsheet – I got a copy of that, and it’s nice. It’s also free. You can get it over here:
http://www.joetaxpayer.com/money-merge-account-links

- Second, I don’t think the MLM bashing is really necessary, nor does it lend credence to the rest of your comments. Likewise with the anti-religous references. It’s unnecessary alienation of people who would otherwise listen to the good advice you’re offering. There are a lot of reputable MLM companies and products, and a lot of good people working in them. Religion by itself is a great thing – but using it to deceive others is not. It’s like guns – guns don’t kill people, the bullets in them do. Don’t add noise to your message. If people ask you about MMA and UFirst, and the first thing you do is spout off about MLMs, then a lot of people are going to stop listening.

- Third, I also am looking for that ONE example of where an MMA will save someone money over a simple spreadsheet, like what JoeTaxpayer has offered for us. A lot of agents have passed through here – and NOBODY has the example?

- Fourth, every example with MMA that I’ve seen uses a HELOC – but what if (for whatever reason) you cannot get one? I know I’m splitting hairs here (because theoretically the HELOC adds nothing, so therefore its loss takes nothing away) but what is the agents’ response if you say, “Sorry, I can’t get a HELOC”?

- Fifth – does anybody have an example of an MMA analysis where it DOES NOT pay off the highest interest rate debt first? Mathematically, I would suspect that ALONE would totally mess up their claims of great savings. If MMA paid off a lower interest rate debt (let’s say it’s a credit card) first, then it would be mathematically easy to beat MMA with a simple spreadsheet.

“Interest cancellation” – MMA claims that by loading up the HELOC and running our paychecks through the HELOC, we reduce the balance so much that we save lots of money that way, and that alone is worth $3500. OK, so how much can we save? Well, let’s assume our mortgage rate is 6%. That means each month, we are charged 1/2% on our mortgage balance, the whole balance. But if we are using interest cancellation, the most that we can save is whatever our monthly salary is. So, if we bring home $5,000, the largest HELOC balance we can offset is $5,000. How much will that save? $5,000 times 1/2% is $25. That’s $25 per month or $300 per year. So MMA wants you to spend $3500 upfront to save $300 per year. Do you know how much interest you would save if you just put $3500 towards your 6% mortgage? OVER $4,000.

“Factorial math” – MMA claims no one except a computer can figure out the best possible way to pay all your bills and debts because of all the possible combinations. LIES. There is only one SIMPLE BEST way to pay off all your debts. You pay off the highest interest debt first and work your way down using a DEBT SNOWBALL. It only needs addition and subtraction.

You see, MMA or any spreadsheet for that matter, adds no value, none. Either provides a tracking tool where one can obsessively go each night to figure out if they are a day closer to their mortgage payoff, but that’s it. A child will grow no faster for the fact that her parents stand her against the side of a door every night and measure her height. You’re a busy professional? I hope it’s in the arts or literature, because if it’s in the scientific field, you just failed mathematics, third grade math at that. I assure you there is no engineer with a BSxx who will find value in this product, and in my dictionary of logical fallacies, this one is called “Ad Verecundiam”, the citing of some authority to ‘prove’ the truth or merit of that which is false.
By the way, Deb, how many have you sold, you speak like an agent, not a happy user.

Most of us are not nerds, want to have a life and want to save thousands in interest. Yes, anyone can do this on their own, but this is very very easy to use. I like having everything in one place….it is worth $3500.

Funny, you don’t see much negative commentary from those who are customers like myself. I know friends and family on it and they are all collectively thrilled with it….doctors, nurse administrators, engineers, etc. Once they are set up, they love all that it has to offer.

You have a classic confusion of the UFF program. The UFF software does not save you anything, it costs you. Paying $3500 for something that you can easily do yourself using less time with better results is a waste of money.

Robert also said:

“Whether it works for you is dependent upon your situation. Don’t believe the so called “experts” here. They don’t know the facts of your situation and are basing there “expert” advise on assumptions and you know the saying when one assumes.”

I have been searching for ONE situation where the United First Financial software actually saves enough to cover the high fee, UFF agents have yet to post ONE.