Bankruptcy Attempt By Mary Kay NSD Mia Mason Porter
Written by Frosty Rose
National sales director Mia Mason Porter is the stuff of Mary Kay legend. Debuting as an NSD in 2012, she became the younger half of the first African American mother-daughter NSD pair in company history. She has it all! The glitz. The glamour. And, per typical of the position, some pretty strong opinions that she likes to spew on social media. Let’s take this quote, for example:
Not bad advice, actually! So, I took it. Let’s DISCOVER what Mia’s all about, shall we? Surely, she can’t be one of the keypad GURUS that she calls out in this post. Right? I’ll let you decide.
I, for one, look up to people who are financially stable, especially when they’re offering advice on how to become so myself.
As an elite, top-of-the-top, NSD, surely Mia is financially stable? Nope!
A very quick Google search (followed by Tracy doing that thing she does) shows that she and her husband filed for bankruptcy in October 2019. (See the documents here!) Wait, bankruptcy? Rolling in all that cash as an NSD? And not even mommy’s NSD money could bail them out? *clutches pearls*
Per their bankruptcy filing, the Masons owed:
- $119,000 to the Georgia Department of Revenue
- $5,400 to the IRS
- Almost $39,000 in total credit card debt (that’s a lot of discontinued lipstick stockpiled!)
- Hospital bills of $208,000 (yikes!)
And this document gives us a behind-the-scenes look at the real earnings of a national sales director. In this case, she declared a net income from Mary Kay of $6,958 per month, or $83,496 per year!
Hold. The. Phone! So you’re telling me that not even NSDs are earning that elusive six-figure income?!? But… but… my recruiter told me that more women are earning six figures in network marketing (ahem… MLMs) than any other career in the US!! Surely, she couldn’t be lying?!? Somebody grab my smelling salts!
Let’s set that bombshell aside and discover something else about Mia to admire. Right? There must be some redeeming quality. When I’m deciding who to look up to, I highly value integrity and the ability to be honest in all circumstances. Mia has reached the summit of the mountain (er… pyramid) in Mary Kay, one of the most respected, honest companies on the planet earth. Surely, she’s a woman of integrity?
If you said no, you guessed right.
Per their bankruptcy filing, the Masons had no disposable income to pay their debts. Ok… sure… I half believe this because of the abysmal earnings we consistently see from the MK sales force. But the bankruptcy court dismissed their case (i.e. they still have to pay their debts) because they lied. The Masons claimed that they had negative monthly income… meaning that their monthly expenses were more than their monthly income, so they had no money at the end of the month to pay any debts. But the bankruptcy trustee found that Mia and her husband actually had $1,443/month of disposable income with which to pay debts.
How does that happen? Well it starts with the fact that Mia didn’t bother to report all of their income.
Back to fiscal responsibility. In April 2022, just two and a half years after this attempt to ditch out of their debts, the Masons bought a new home, a literal mansion, valued at $694,900. The mortgage they took out to buy the house? $719,916. Which essentially means that they had no down payment and rolled all costs into the loan.
But how could they qualify for a mortgage so high? They would have needed to show about $240,000 in income to qualify for a mortgage of this amount. So their income doubled (from the trustee’s calculation) in the less than three years since they filed for bankruptcy???
What I can’t figure out is if they were lying in the original bankruptcy filing (more than the courts already determined). Or if they were lying when they secured the mortgage.
Just like Mia says in the above Facebook post:
“SUCCESS LEAVES CLUES….so GET A CLUE.”
We got a clue, Mia, and it tells me to stay far far away from you!
‘Cause right now, you look “BBD”: BROKE-BUSTED-and DISGUSTED.