Everything You Need to Know About Cash Gifting Programs
What is Cash Gifting?
Cash Gifting is the act of giving another person a declared sum of cash as a gift and giving it freely without force or concern. It's called a cash gift because that's exactly what it is a gift of cash. Through the simple principle of helping your fellow man or woman through giving, members of cash gifting programs are immediately recognized and rewarded for their participation in the giving process.
Is Cash Gifting Legal?
According to United States IRS tax codes cash gifting is legal. The law states that individuals can give a gift to another individual of up to $11,000 each per calendar year without any tax liability to either the giver or receiver of the gift, because the tax on the gift has already been paid. For more information on IRS Tax Codes regarding cash gifts see: Title 26, Sections 2501-2504, 2511. and http://www.irs.gov/pub/irs-pdf/p950.pdf
Why Do People Join Cash Gifting Programs?
Cash Gifting programs account for nearly 60% of all money generated in the home-based business industry. It is the most powerful cash leveraging system for average every day people regardless of background or education, to go from rags to riches, often times, in less than 30 days. People are attracted to these types of programs because they are easy, hassle free, and they work! It's not a business or a job and requires minimal effort. Joining a cash gifting program involves:
* No products or inventory to keep track of
* No selling to friends and family
* No explaining or talking to anyone
* No monthly quotas to meet
* No up lines or down lines
* No convincing people to join
* No 3-way calls to advisers or sponsors
Many people use these programs to pay off debts, fund weddings, buy homes, pay tuition, start a business, to take multiple vacations throughout the year, to supplement income, and/or as a means to quitting their jobs. There are numerous reasons why people join cash gifting programs, but the number one reason is because its the quickest way to generate large sums of cash.
How Does Cash Gifting Work?
There are many different cash gifting programs most of which have a cheat proof system in place which automatically keeps track of all activity. Some systems are completely automated leaving nothing to chance. In most programs, you simply invite people to visit your website to learn more about the program. When a person is interested and decides to join they follow the instructions provided on the website and send their cash gift. This process is monitored and tracked by an advanced software application which prevents dishonesty or cheating. The person that joined the program through you, then does exactly what you did that is, begin inviting people to their website and those that are interested send their cash gift to join. There is no pyramid where only one person at the top is getting all of the gifts, cash gifting is not one of those ponzi scams. These programs are designed to help people reach their financial goals and make sure that everyone participating receives maximum results.
How Much Does it Cost to Join a Cash Gifting Program?
Most programs have different levels of membership to accommodate all budgets ranging from $500-$10,000. The important thing to remember when joining a program is that you are not buying a membership, so there is no cost. Your cash gift goes to the person that introduced you to the program which enables you to participate in the program to receive gifts too. Instead of seeing your gift as a cost to participate, remember the fact that your gift is actually helping someone achieve their goals while positioning yourself for others to help you in achieving your own goals.
Cash gifting programs are all based on universal laws such as the law of attraction, the law of giving, and the law of reaping and sowing. By participating in these programs people all over the world have set these laws in motion in their lives and are reaping the rewards.
How to Choose a Cash Gifting Program?
Finding a program that is right for you requires some research and some honest self evaluation. Some programs offer little to no support, advice, resources or tools to help members succeed. While others offer step by step instructions, guidance, websites, postcards, and more.
A person that is already Internet savvy, familiar with internet marketing, and knows how to set up websites can join and succeed in any cash gifting program. The person that is fairly new to the Internet with little to no knowledge of websites or marketing should join a program that offers an automated system with built in support, a website, and extensive resources such as The Overnight Cash System.
*Note, joining a program with too few resources and support will often cost you more money and time building websites, creating ads, calling into conference calls, making and answering calls etc. The person with a limited budget, limited time, and limited knowledge should join a program that provides everything, enabling you to focus solely on inviting people to your site.
Before Joining a Program Find Out If The Program Provides:
- Detailed Getting Started Instructions
- Support
- Website
- Marketing Materials
- Gift Tracking
- Prospect Tracking
- AutoResponders
- Team Messaging
Before Joining a Program Ask Yourself?
- Why am I interested in this particular program?
- Does this program meet my needs, is it the right program for me?
- Do I fully understand how this program works?
- Will I receive ongoing support?
- Am I skeptical? If so, why?
- What are the pros and cons of joining?
- What will I have to do in order to be successful with this program?
Respectfully Submitted,
Sabb, Frederick MySecretsForCash@Gmail.com http://www.MySecretsForCash.com
About the Author:I have invested 12 years of my life to learn and teach the right way to make money online. Within those 12 years I have spent thousands and learn proven methods to the internet industry. Now I have help countless and countless of successful people on the internet. Let me show you how with the exciting business I am presenting.
http://www.MySecretsForCash.com
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