I'm sure you've seen plenty of cash gifting programs and
wondered to yourself if there was money to be made with
such schemes and more importantly if gifting was legal. In
this article I will reveal the truth of cash gifting from
legality to profit potential.
The first point to address for those of you who are new to
this concept of cash gifting is exactly what the definition
and meaning of cash gifting.
Here's the scenario of most cash gifting programs: The
prospect sees an ad or hyped up website with photos or
video of big piles of cash. This is a physiological tactic
to make you hungry for the money you see them counting out.
Just because a person is opening envelopes with a lot of
money, doesn't mean that it's really from the cash gifting
program. A person can get a loan or use their money to make
such a video. When it comes to getting in your pocket some
people will do anything.
Next your inviter or the website itself will get you on a
hyped up conference call where everybody talks about what
big money they're making and how easy this is! It's funny
but the conference call conductor also talks about the
importance of giving. Not one person involved with gifting
programs cares about giving; it's really about greed and
receiving. This conference call is just another
psychological hook.
Before you're sucked into a cash gifting scheme consider
the fact that gifting is illegal! There have been people
who are forced to pay back the money to those who sent it
to them, and people have gone to jail for participating in
a gifting activity.
The gifting tax law was not designed for people to pass
money around. It's for this reason that gifting programs
restrict the promotion tactics of their
members/participants. If you are audited by the government
believe me you will be penalized or jailed.
The next question is if gifting has profit potential. There
are a few people to profit from cash gifting. There are
however many negative points to consider. The first
downside is convincing people that gifting is legal, the
second downside is that you are restricted when it comes to
how and where you promote and the third downside is the
fact that you may very well be forced to pay back monies
received, pay fines and possibly go to jail. Is the
activity of cash gifting really worth the risks involved?
I'll leave that decision up to you.
----------------------------------------------------
If you're looking for a legitimate way to make substantial
income check this out http://perpetualpipelinesystem.com/rb
More Articles http://reversefunnelopportunity.com
No comments:
Post a Comment