So the question on everyone's mind is can you make money with cash gifting and is it legal? The answers to both of these questions is a little gray.
First lets touch on what cash gifting really is. Cash gifting is the process in which one person will send a gift of pure cash to another person with absolutely no products to show for it.
Once you give this donation to your upline sponser, you are eligible to recieve "gifts" yourself. The question to ask yourself here is does this sound legit to you and does it fit within your moral compass.
The next question is usually which are the good companies and this is an easy one to answer. Any business that will be here one month and gone the next is not a reputable company. We see this a lot in cash gifting, mainly due to the regulations we will talk about next.
IRS law on cash gifting are very strict and they continually update them in an attempt to stop people from getting scammed.
The business itself works the way a lot of other companies do, they drive traffic to a website. Only on that website you won't see a person's smiling face, you will see hands and money.
It makes sense why they would not want to show their face, its just astounding that they can get people to actually send them money in the mail without knowing anything about them.
Are there some people who have been able to make some money doing this? I am sure there are, but you the consumer should be asking "Do I want to be one of them?
I strongly urge the readers of this to find a more legitimate way to make money online. The internet is teeming with good opportunities. FInd the one that is best for you! - 15485
First lets touch on what cash gifting really is. Cash gifting is the process in which one person will send a gift of pure cash to another person with absolutely no products to show for it.
Once you give this donation to your upline sponser, you are eligible to recieve "gifts" yourself. The question to ask yourself here is does this sound legit to you and does it fit within your moral compass.
The next question is usually which are the good companies and this is an easy one to answer. Any business that will be here one month and gone the next is not a reputable company. We see this a lot in cash gifting, mainly due to the regulations we will talk about next.
IRS law on cash gifting are very strict and they continually update them in an attempt to stop people from getting scammed.
The business itself works the way a lot of other companies do, they drive traffic to a website. Only on that website you won't see a person's smiling face, you will see hands and money.
It makes sense why they would not want to show their face, its just astounding that they can get people to actually send them money in the mail without knowing anything about them.
Are there some people who have been able to make some money doing this? I am sure there are, but you the consumer should be asking "Do I want to be one of them?
I strongly urge the readers of this to find a more legitimate way to make money online. The internet is teeming with good opportunities. FInd the one that is best for you! - 15485
About the Author:
Mathew S. Robar is a Top Online Marketer, a Top Internet Mentor and helps anyone Find the Right Job Online.
