A practice that is not extinct at Melaleuca
When the housing bubble burst in 2008 and foreclosures skyrocketed almost exponentially, financial commentators across North America began suggesting that the “American dream” of home ownership had been little more than a dangerous illusion that led to a nationwide catastrophe.
All of that talk has convinced some to give up on that dream. After all, most folks today simply hop from mortgage to mortgage, never paying their 30-year loans off completely, and some have given up homeownership in favor of renting.
But the majority of Americans and Canadians still dream of the same achievement: having a place to call their own.
While the talking heads are discouraging people from paying off their home debts, Melaleuca is doing its best to help people reach their goals by promoting a culture of financial freedom.
“Since we opened our doors in 1985, we have been counseling our customers to live within their means, to save and invest wisely, and to get out of debt,” says Melaleuca CEO Frank L. VanderSloot. “The art of wealth building consists of two skills: offensive and defensive, the skill of earning money and the skill of not spending it…”