Well my Diamond did come back with a few responses

But i told him that i have bills to pay and I cant be losing money at the end of the month. Honestly i thought that i failed in the business till i found out home much money was made by tapes and seminars. I understand you have to spend money to make money and how to get 3000 dollars fast. I never seen any distributor make money unless they are on the stage speaking. I’ve started a few juice bars in town two years back….and spent some money but i’ve eventually gotten a profit after a few months. In VTL nobody ever seems to be in the profit and always in the negative.

So are you saying that they may have been receiving some kind of cash payment from the Company for every person in their downline that attended? Hmmm…that never occurred to me…do you know if this has actually ever happended before within other ExtLoans VTLs (best in long term)?

See my previous post for a lot of information!

There are people like us who are paying about $335/month who could go to $25,000/year. Yeah, the number of zeros is correct. That is why something must be done. You are right, most people cannot absorb that cost increase. I mean if your house is valued at $150,000 and your rate goes to $25,000/year you could buy a new house in a few years if everything else stayed the same. With the expected rates, property values will drop like a lead balloon. We just think Detroit has had problems. Stories and scenes like we see coming from Detroit are just the beginning.

Received the official offer letter today

A few (good) surprises:
1. The hiring VP called this morning and told DH to come and start on August 1 vs August 5. Reason? Because medical benefits would then start in 90 days, whereas if he started on August 5, medical wouldn’t start until 120 days out. So that was really nice of them, and bodes well for the future, I think.
2. Wages are paid out semi-monthly. Although I don’t know the exact dates, what that means is getting paid twice a month, versus every two weeks. You’d think that would be a bad thing, but instead, it works out so that the checks are only about $500 less a check than what we were getting before at the old place. This is really a huge relief. It means careful budgeting, but not so careful that a hiccup would turn into a major cough.
And what that really translates to, is building up our BEF quickly, then building up a stockpile of cash, and then once it reaches a certain amount (for example, equal to a debt) paying off the debt in 1 fell swoop.
I’m too gun-shy after this unemployment to just put money toward a debt without having it in the bank first…so I am hoping I can be mindful of the $, and not spend it wildly. If I see we are not being prudent, then I will just go back to normal debt snowball.