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Why You Shoud Avoid Cash Gifting

This is NOT How To Make Money

 

We have compiled a list of reasons why anyone who is trying to figure out how to make money should steer clear of cash gifting. While this list is not exhaustive, you get the picture.

1. Looks too much like the traditional pyramid/ponzi scheme.

2. You will be required to send a fairly large sum of money to complete strangers.

3. You will have a difficult time convincing other strangers to send money to a stranger (ie. YOU).

4. You almost never know who the administrator really is, meaning that they are trying to hide from you.  People usually hide when they have something to hide.

5. If you send or receive cash in an envelope to or from a different country, you might be flagged by customs or border security. (This HAS happened!)

6. You should be proud of what your are doing by making money, not taking money. Plus, you should never have to give someone money before you can make money.

7. Case law and statutes point to cash gifting being an illegal activity. The tax code has absolutely nothing to do with the legality of the structure of cash gifting.

8. Dealing with cash sent via courier is very time consuming, and severly handicaps your ability to truely make money.

9. Many cash gifting programs will lead you to believe that they will "close" your recruits for you and have them send you the money, when in reality you do all of the marketing, and they have the recruits send them the money.

10. Here's an oldie but goodie. If it looks too good to be true, it probably is.

 

While I could probably give you a hundred reasons why cash gifting is not how to make money, I promised that my list would not be exhaustive, so I will keep it short. I am sure that you get the picture.

Zero Cost. Zero Obligation.

SOSComplete!