Cash Gifting are You for Real?

Cash Gifting – Are you for real?

For most people, the concept of cash gifting seems too good to be true. In my opinion, cash gifting is too good and very true. People tend to automatically categorize this activity as a scam or a pyramid scheme at first glance. Upon further investigation it is easy to see that this system utilizes leverage through the “1 Up” system and is far from a pyramid. This activity has been around throughout history and was used by people in small communities to help each other out in certain aspects of life. All the people would come together as a community to build a house or other shelters. In return the same would occur for the families that helped. The concept has remained untouched, but the times and technologies have definitely changed.

In today’s times, most people are constantly struggling to make ends meet. The economy is changing; the prices for essential items such as gas, and food have been experienced record highs. Most people do not necessarily have the job security they once took for granted, and many large companies are not offering pension plans. The net effect is that people are starting to look for a second stream of income. There are various ways of acquiring wealth; some people have done it through real estate, businesses, and other techniques. This is where cash gifting comes into effect. Due to the lack of products, services, inventory, warehouses and sleazy sales tactics, this activity eliminates all the hassles and cuts right to the chase. Most people join MLM (direct selling) companies to make a lot of money and the product usually comes secondary. The great thing about cash gifting is that you don’t have to constantly chase your friends or family around with products that may not necessarily be useful. Don’t get me wrong, some MLM firms have great products, but a majority of people who join just want to become financially secure and are forced to act as if the products matter.

Cash gifting is a very powerful alternative that has been used to attain wealth. It is 100% legal because according to the Canadian and U.S. tax laws it states that one or more 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. These gifts are not included in the gross income of the recipient. Another great aspect of this activity is the amount of lives it is changing day by day. People can now live they lifestyle they truly strive for and don't have to be stuck in the 9 to 5 rat race. Who wouldn’t want cash delivered to their front door all the time? If you would like more information on this activity please visit my website at http://www.papertrail.tv or contact me at cashbears@gmail.com I urge everyone to do their research and feel comfortable about what they are about to pursue, because the grass is a lot greener on the other side.

About the Author:

I am a young business minded individual who likes to travel. I have lived in over 6 different countries and visited 25 others. I believe that people can achieve success, it all depends on their mind state and will power.

Article Source: ArticlesBase.com - Cash Gifting are You for Real?

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