Scoot over, Tupperware and Mary Kay.
There's a new home party-giver who wants a seat on your couch.
As Americans struggle to make ends meet, home gold-buying parties are becoming the latest fad across the South and Midwest.
"We are holding five or six parties a week," said Stacey Mikel, who operates FastCashGoldParties.com in Jupiter, Fla., with her husband, Paul, a pawnshop owner.
The company operates in eight states, but not yet Kentucky, she said. "We have had a few inquiries from Kentucky" and are eying the Bluegrass for future business.
"We are expanding because it's a very good business," Stacey Mikel said. "A lot of people want to get into it. It's kind of the new thing for women."
"They usually have the jewelry" unwanted gold jewelry that they want to turn into cash, Mikel said, although men are welcome at the parties, and so are other gold items besides jewelry.
FastCashGoldParties.com parties work a lot like Mary Kay or Tupperware parties. The host or hostess invites friends and neighbors to their home and provides refreshments. The company sends a buyer, and the host or hostess gets 10 percent of the total purchased by the company.
To read the complete article, visit www.kentucky.com.