The Truth about Cash Gifting

by Shannon Bishop

Individuals and private groups have long embraced cash gifting programs as legitimate methods of revenue generation. There is absolutely nothing illegal about giving another person a gift. It is an expression of kindness. Individuals are allowed to share their wealth with families, friends and other people. Helping and blessing others is honorable and good.

Cash gifting is a private activity; it does not involve Network Marketing, MLM or any other type of business are commercial activity. Private cash gifting is exactly that: private. There are no companies, boards of directors, shareholders or principals. It is simply a matter of individuals helping other individuals. The underlying concept is that by people helping other people in an organized fashion, lives can be enhanced.

When you give to the United Way or the Salvation Army, your intentions are good. You want to share the fortune that you have amassed with someone less fortunate. The only difference here is that you know the name of the person who you’re gifting to. Charity is charity. And when you receive a gift from somebody who gives it with a willing heart, there can be nothing wrong with that.

Cash gifting is a private activity; it does not involve Network Marketing, MLM or any other type of business are commercial activity. Private cash gifting is exactly that: private. There are no companies, boards of directors, shareholders or principals. It is simply a matter of individuals helping other individuals. The underlying concept is that by people helping other people in an organized fashion, lives can be enhanced.

American and Canadian citizens have the constitutional right to give their property, cash and other assets to others. In the United States, gifting rules are defined in the IRS tax code, Title 26, Sections 2501 – 2502 and 2511. Look it up yourself if you have any doubts; it’s 100% legal.

Do not confuse cash gifting with pyramid schemes. Pyramid schemes never allow the person at the bottom to get to the top. A cash gifting program makes you a member of a team where everybody is working together for the mutual benefit of everybody else. There is no selling or solicitation. You do not have to pressure or force anybody into anything. You simply give from your heart to people that will likewise give back when they are able.

Do not confuse cash gifting with pyramid schemes. Pyramid schemes never allow the person at the bottom to get to the top. A cash gifting program makes you a member of a team where everybody is working together for the mutual benefit of everybody else. There is no selling or solicitation. You do not have to pressure or force anybody into anything. You simply give from your heart to people that will likewise give back when they are able.

Many cultures, especially Asian, Jewish and South American communities regularly give gifts to others within their culture so then they may start a business, buy a home or otherwise take care of themselves and their loved ones. Once the receivers of the gifts have solidified their own positions on the planet, it is then their turn to give back. One good modern example of private gifting is the organization Habitat for Humanity. From this case in point, it is easy to discern the various benefits that stem from cash gifting.

Individuals and private groups have long embraced cash gifting programs as legitimate methods of revenue generation. There is absolutely nothing illegal about giving another person a gift. It is an expression of kindness. Individuals are allowed to share their wealth with families, friends and other people. Helping and blessing others is honorable and good.

Marketing is getting the word out about your program. Marketing is collecting email address and sending you information or your training materials to your prospects. It works. Network marketing has been out since 1998. This way of life is going to continue with or without you. I’m not saying sign up with some average Joe and try to get rich. All I’m saying is join a program with a great support line and training at least 3-5 times a week. Training includes webinars; one on one’s about marketing.

Advertising techniques, posting techniques, and most of all what to say in your advertisements. Whenever joining a program, please do your homework and understand how the system works before you spend thousands on advertising. Focus on training, focus on marketing and advertising and most importantly, focus one branding yourself. It doesn’t matter what business you are joining. If you don’t know how to do the following things you will fail. Don’t be a part of the 97% that are failing. I want you to succeed.

http://www.richshannon.com

About the Author:

Leave a Reply