Hello all,
A little background first:
I am 32 and live in Texas. I am married and have two young kids. My wife is a full time homemaker, at least for now until the kids start school (3-5 years from now). The only debt we have is a 60k home mortgage.
I have been running the numbers and I don't see how we can reach FI any time in the near future on my current income (at least 20 years). That being said, I have been looking for other ways to generate more income. On this subject, I wanted to know if anyone has had dealings with a multi level marketing company called Team National. The way I understand it, they are a membership company that provides discounts at many retailers (walmart, home depot, etc) through collective buying power and once you are a member you can sell the membership to other people and make money when they in turn sell memberships and so on. My wife and I are very skeptical about this business and can not decide if it is something that we should get involved in. The lifetime membership is $2,195. I have been given the sales pitch twice now, once about a year ago and then again last night (both from friends). The person who talked to me about it last night has integrity and is trustworthy, so I am less skeptical than I used to be about the whole deal. He is closing his mechanic shop and pursuing this full time as he has been successful in it.
Any advice would be appreciated.
Thanks