I went for a networking dinner last night. After getting to know everyone at the dinner, I sat at a table, where this Malaysian lady, who is based overseas, and her hubby is an expatriate (English).
It was just SO entertaining listening to her talk. She loves to talk, she is very dressy and she's just so...entertaining.
She was sharing that during each trip back to Malaysia, she is just so busy going for events - launch of premium range products, premium clothes, etc. She holds a Platinum credit card thus, gets invited to these launches.
And she loves going to such launches. She gets to dress up, meet more people, and thus very very busy each time she's back!
She is also a Rotarian member and since everyone knows she has a generous heart, they asked her for donation - for a senior citizens trip to a local destination in Malaysia.
She was shocked! How come senior citizens have no money??? After working for so many years, shouldnt they have savings??? I chuckled a little at her gullibility and I was laughing out loud inside of me. I told her, she's fortunate that she's not in that position as she's married to an expatriate. And the reason why most senior citizens are broke is because they have poor financial management.
Statistics have shown that most people will use up their EPF savings in 3 years. Thus, it is very important to build a pipeline of passive income. And MLM is one of them.
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