Is ShareTheCash.net A Scam?

There are many online opportunities that can be useful in making you money and help you find the financial freedom that so many seek. However, I would like to caution you that you should always approach the Internet and its world of opportunities just as cautiously as you would approach anything “in real life”. You would never walk into an office for a job interview and believe someone who told you that all you had to do was hit a few buttons and you would be paid hundreds of dollars daily. Why would you believe somebody in the exact same situation when it happens online? By keeping your common sense at the forefront and being an objective reader of opportunities, you can weed out the false claims and get down to what you came here for: putting your skills to use in making yourself some extra income!

ShareTheCash.net in Review:

The first thing you’ll notice upon arrival at ShareTheCash.net is that a YouTube video starts playing. It features a gentleman counting money from FedEx folders he’s received. By the end of the video he has gotten up to $16,500 of what he calls gift money. A brief overview of the front page appears to back this up by stating that whoever this man is, he has a “proven and totally hands-free automated turn-key system which can quickly and easily enable you to start receiving cash gifts” of $3500+. You’re prompted to put in your contact information in order to get to the next page.

Upon arrival, you are started on a tour of the site. It becomes apparent that what the ShareTheCash.net site is offering you is an opportunity to make money using The People’s Program which claims to be “the first residual hybrid gifting program of its kind.” The program features a cash flow structure that would appear to create a residual income in five ways:

1. Personal Enrollments: Basically, you pick one of ten levels to enroll in the program at. They start at $150 and go up to $10,000. When you recruit people who enroll using you as their Inviter, you receive your part of their cash gift.

2. Residual Cash Gifts: Say you recruit Dan, who buys in at the $500 level. $400 of Dan’s money gets sent to you, and $100 gets sent to whoever invited you.

3. Continuous Pass-Up Residual Cash Gifts: Dan recruits Anne. Anne buys in at the $1500 level. Bob is entitled to his 80%, which is $1,250, but since he is only enrolled at the $500 level, he only gets $400. The rest rolls up to you (or the next qualified person).

4. Upgrade Level Cash Gifts: These are from both your personal enrollments and your recruit’s personal enrollments. When members move up the chain and upgrade, you get extra money. Let’s say Dan also recruits Martha. Martha bought in at $500 so Dan got $400 and you got $100. Martha then upgrades to $1500 and pays in $1000 more to do this. Assuming that it’s an 80%/20% split (it appears to be different amongst the different levels), and that Dan upgraded to be on your level by this point, Dan then gets $800 more and you get $200.

5. 100% Cash Credit System: Use the example from part 3. Dan isn’t at a high enough level to receive the full benefit from bringing Anne in. The system still credits him with having brought in Anne at a higher level than he is and automatically upgrades him to the $1500 level that Anne joined at.

Basically, The People’s Program is stating on their page that the reason this works is that with the U.S. Tax Code, it is legal to gift up to $12,000 to an individual tax free. This allows money to be gifted around a community in such a way as to actually create income for users.

According to the ShareTheCash.net site, the absence of a product keeps it from being a company or pyramid scheme.

It should be noted, (and actually is noted on the website) that this should in no way be construed as tax advice and that you should always consult your tax advisor or CPA with questions about whether to pay taxes on your cash gifts.

ShareTheCash.net – Conclusion

As always, I highly recommend that you do your full research on this before attempting to make it work. I know that I personally didn’t really understand the website the first time I looked through it and had to go through again to fully understand everything and be sure that I was able to explain the five steps with examples. Be sure that you understand it before investing into it!

Are you a member of The People’s Program or ShareTheCash.net? We’d love to hear about your experiences! Please post a comment below!

Is Sharethecash.net a Scam?

When you go to sharethecash.net, it redirects you to a different site, mysite.thepeoplesprogram.com. The welcome message is pretty simple stating that The Peoples Program provides a simple and straightforward approach to generate cash from home using the power of the Internet.

This is reportedly done by teaching you strategies and techniques in internet marketing that put you in the driver’s seat to your financial freedom.

Let us go ahead and see what sharethecash.net has to offer.

What Is Cash Gifting?

Cash gifting is defined as giving money to other people. In this case, the money that you use to sign up will be split between 2 people, your sponsor, who gets roughly 80 percent, and his sponsor, who will receive a residual cash gift of 20 percent.

What Is Sharethecash.net All About?

The People’s Program would appear to be called the first residual, hybrid gifting program of its kind. To sum it all up, they have levels where you can join and you can invite people to join under your name. With the TPP “Lifetime Residual” cash flow structure, you are allowed to receive gifts from a variety of sources.

These sources include:

1. Your personal TPP enrollments; people you enroll into the program.
2. Residual cash gifts; extra cash from your enrollee’s enrollee.
3. Continuous pass up residual cash; when your enrollee’s enrollee joins at a higher level, your membership level may roll you up to the next qualified level.
4. Upgrade level cash gifts from your personal enrollments; when your enrollee decides to upgrade, you and your enroller will receive additional cash gifts.
5. 100% cash credit system; you receive full credit for bringing in a member at a higher level and the system automatically upgrades you to that level.

What Is Included in their Offer?

Once you join the site and pay your cash gifts, Sharethecash.net mentions that you will be given access to the best marketing tools and training available for Cash Gifting. This is what they expect you to use to gain an enrollee of your own and convert them into a member. Once they join, you and your sponsor will receive cash gifts.

Once you are in, you receive additional tools and are ready to receive money. The People’s Program promotes that you can receive thousands of dollars by simply driving sufficient, targeted, and qualified traffic to your site using the hands off automated system they provide. They also require that you focus on conversion, although they do not mention a quota.

How Much Does Sharethecash.net Charge?

There is an annual admin fee of $50 to join sharethecash.net.

Also, since you are “gifting” cash to your sponsor and his sponsor, the money you shell out will depend on the package you would like to buy into. The cheapest amount is $150 and it goes up all the way to $10,000.

Sharethecash.net in Review

Cash gifting is not a relatively new concept to the Internet, and as with any online home business endeavor, it is best to do your research and try to find out more information on a firsthand basis, about any website you are considering getting involved with and what they are really offering to you.

Are you a member of Sharethecash.net? We’d love to hear about your experiences with them. Post your comments below to let us know how it went…