Cash Tracking System Scam Or Magic Money Maker – An Honest Review
So what the heck is the Cash Tracking System? (Click here for the other side of the story)
I get approached nearly every day about the latest and greatest money making opportunities to hit the market. It’s AMAZING how many shemes are out there. You really have to be careful about how where you invest your money and your time.
So I received a call from a gal that found me online. She was very nice, courteous and had impressive personal communication skills. She asked if I would agree to commit 1 hour of my time to look at a presentation. She was incredibly passionate about her program, (although a little secretive) so I figured… “what the heck”… I’ll check out the cash tracking system and see what it’s all about.
I’m writing this blog post so you can give yourself the quick details on this program without having to invest an entire hour of your time to get the information.
The first thing you’ll see in this presentation is an explanation of basic wealth creation principles. IE. Rich people invest in “ASSETS” that produce income. They also try to keep expenses from Liabilities low by eliminating stupid purchases like cars, boats and other stuff purchased with credit. It’s in this way that rich people are able to compound their results by reinvesting their cash flow into more income 
producing assets.
You’ll also be given a basic introduction to how rich people use leverage to create wealth.
If you’ve read “Rich Dad Poor Dad” by Robert Kyiosaki, you’ll learn nothing new from this part of the Cash Tracking System presentation.
It’s in the next part of the presentation where things REALLY took a turn for the worse. I’ve heard about “cash gifting” programs and have always wondered what they were. There has always been a bit of mystery for me with these programs as I never really understood what they entailed.
Now that I know… I want nothing to do with them.
Cash gifting is apparently where 1 person talks another person into “gifting” them large sums of money. Basically this means you take the money, put it in an envelope and mail it the guy or gal who talked you into doing this.
What do you get for the cash you “gifted”. Nothing. Absolutely nothing! Oh… wait… you do get something… the right to try to convince someone else to send you some cash in the mail.
This is what the cash tracking system is all about. You talk someone into sending you cash without giving them anything in return. As they are successful in doing the same thing… you make money as it works on a 1-up compensation plan.
ARE THEY LEGAL
Cash gifting programs are apparently legal because you can’t stop someone from giving a cash gift. But if there is 1 EXTREMELY important lesson I’ve learned over the years it’s this: What’s legal isn’t always what’s right and what’s right isn’t always what’s legal.
Just because it’s legal doesn’t mean it’s a good thing.
Now that I know what cash gifting is, after having watched the cash tracking program presentation – I can safely say that I don’t like em’!
Why?
2 reasons.
#1) I believe strongly that money should be a reward for value provided. Wealthy people, and I mean truly wealthy (both monetarily and spiritually wealthy) are committed to providing value to the world around them in exchange for the money they recieve from the market place. Talking a little old lady into sending you a $3,500 cash “gift” does not fit my description of “adding value”.
#2) People can get hurt here. When you talk someone into sending out a large chunk of cash without giving them anything in return… you’re asking for trouble. There will inevitably be people who aren’t able to convince others to send them the cash. What happens then? Innocent people get hurt.
They get left holding an empty bag. $500 – 3,500 out, nothing in and nothing to show. What a way to make a living.
Conclusion
Honestly my friend, you don’t need to watch an hour long presentation on the Cash Tracking system to know if it’s a scam or not.
If you like taking money from people without giving them anything in return. You may want to check it out.
If you like to build value in the world and offer goods, services, education in exchange for the money you receive… you may want to check out a legitimate business opportunity by heading over to www.CrazyCashSecrets.info.
Tagged with: cash gifting • cash tracking system • cash tracking system review • cash tracking system scam
Filed under: Company Reviews
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another really intelligent comment…
Hey Julie,
Would love to hear from you. You were new to the CTS System and said you would write back and let us know how it worked for you.
Your experience would be very relevant to the conversation.
Hoping to hear soon!
Paul
Wow Pete,
For someone trying to convince people that your program is legitimate, it sure doesn’t seem like you have much patience & understanding for other business opportunities.
You Are NOT even Remotley close with your comments!!
Happy April my darlings its Melissa Davenport if you need leads for your business contact me ASAP http://inboundbusinessleads.clearlythebest.com, I have helped tons of people in all MLMs to acquire a system where they will never have to spend another red penny on leads.
GOD Bless…Live In Love
As usual you naysayers only tell half the story. Tabloid journalism at it’s finest. The Cash Tracking System is not for everyone it is for like minded people. No arms are twisted, no one holds a gun to anyone’s head, there is never any convincing or selling. People are free to make up their own minds about participation. They also need to take responsibilitiy for their own decisions. The CTS people seem genuinely interested in helping people find financial freedom. The website does the selling, the members don’t. Obviously you are plugging your own moneymaking system here but if you are going to badmouth another at least tell the whole story.
Offering value is great but let’s look at the facts here. Most people go into MLM for one reason and one reason only… to make money… period. In order to stay active people must buy the product or service usually on a monthly basis. That product or service is often times (not always) overpriced to allow for commissions. The networker then goes out and busts their behind to recruit, recruit, recruit to get a small percentage of the money spent. In 99% of the cases there has to be several hundred people (if not thousands) in their downline in order to make any decent money consistently (few people ever get there). With the Cash Tracking System (CTS) a person can realistically bring in THOUSANDS of dollars monthly after bringing two people. Personally I have been in this since 3/8/11. I came in at 500.00, upgraded to 1,500.00 got my first qualifier in early May at 1,500.00. Upgraded to 3,500 on 5/9/11, brought someone in for 6,500 and received 1,500.00 of that plus got qualified at 3,500.00. I then brought someone in for 3,500 and all of that came to me. I was taught to use the same exact marketing system as my inviter and it absolutely works!!!! I have been a supporter of MLM for over 13 years and after seeing CTS I wish I had found out about it 10 years ago!!!
Thank you for your comments Paul. I can appreciate a good discussion even if there are differing opinions.
Now I am a new member in the Cash Tracking System and would like to address the “risk” factor. Of course a person can pledge and potentially not get others to follow suit. The key difference with CTS is that people are highly encouraged UP FRONT before they get involved to have a budget set aside to do their initial marketing. I have told people that if they are not prepared for this then they should NOT do this program. I also would not encourage someone experiencing a financial hardship to take their last dollars to put into this program…. although I personally did this myself. My marketing system communicates with thousands of people throughout U.S. and Canada. I show people how to use the exact same system. Finding 2 to 3 people is virtually effortless!!! There are always going to be stories of people who did not like their inviter or who quit before they could receive their gift… I do my absolute best to ensure that anyone that I invite to this activity has a full and complete understanding of what is expected to succeed.- Please feel free to follow me on http://www.twitter.com/myturnkeypro
You say that the program looks good but 3,500 is a lot. Would you say it is a lot if someone was agreeing to send it to you? People are welcome to start at what ever level they’d like 500, 1,500, or 3,500, but keep in mind you can only receive what you are first willing to give. Sounds pretty fair to me. LeadNetPro sounds like a really good marketing system… if you decide to do CTS it is advised to use a marketing system to get the word out. My marketing system produces consistent results every time I use it. I started at the 500.00 dollar level and quickly discovered that most people start at 3,500… and occasionally 1,500. So I hope this was helpful http://www.myturnkeypro.com
well has it worked or not
i am looking into doing this and i see you started 8 months ago so tell me honestly have you made much money
wow! someone who really does give an honest opinion! shame there aren’t more like you online! never commented on a link before but u really seem ‘the real deal’! hope ur ok with me adding sig link-ur opinion appreciated, thanks
So giving some one something as a gift is wrong. Stop the presses cancle Christmas, Birthdays, Giving money to the poor to help them. It is better to give than receive and to show people that there is a way that we can help eachother in this world and not have an ounce of greed. So if people continue in their path of greed the only place they have left is in the corner with more stuff and people that have nothing cant be helped. So if your happy pointing your finger at the poor and someone who wants to give someone a chance in this world to not be covered in greed and self serving life, Eat from trash cans for a month and then ask for help. No one has ever knocked on my door and asked me if I needed something.
So giving some one something as a gift is wrong. Stop the presses cancle Christmas, Birthdays, Giving money to the poor to help them. It is better to give than receive and to show people that there is a way that we can help eachother in this world and not have an ounce of greed. So if people continue in their path of greed the only place they have left is in the corner with more stuff and people that have nothing cant be helped. So if your happy pointing your finger at the poor and someone who wants to give someone a chance in this world to not be covered in greed and self serving life, Eat from trash cans for a month and then ask for help. No one has ever knocked on my door and asked me if I needed something.
I suggest you read my updated review at http://paulhutchings.net/cash-tracking-system-review-dont-let-the-negative-comments-scam-you/
Hi Paul,
I just got a friendly sounding straight-to-voicemail message from some random marketer’s auto dialing scraper directing me to his landing page. The headline reads “Cash Tracking System …are you ready for Financial Freedom?”
I get that queasy feeling in my gut so I ask The Google [keyword: cash tracking system]. Guess who’s #1 on the page? That’s right, paulhutchings.net (SEO much?)
Thank you for making your quick, honest review available so I don’t have to wade through all the cash gifting hype. Imagine that–a “business” where you are given the “opportunity” to exchange Cold Hard Cash for… well, no value whatsoever.
I have found that just about every one of us, especially those who are the most broke[n], suffer in one form or another from greediness.The real definition of GREED is…G.ettingR.ewards byE.ngaging inE.mptyD.eeds…in other words, wanting to get something for nothing.What I see on your site, Paul is GRACE…G.ivingR.ewards inA.dvance of aC.onscientiousE.xchange…sowing bountifully before reaping the fruit of your labor (of love).The free content on your site graciously provides so much marketing inspiration, motivation and education. Thanks again.
Hey Collette,
ha ha.. really enjoyed your comment.
Not only did it make me laugh, it also educated me on some brilliant little acronyms that I absolutely love.
Hope to connect sometime soon.
Never give up on your dreams!
Paul
Hi, I just thought I would way in. I have been with the
Cash Tracking System for almost a year now. I can honestly
say that it has been the best financial decision I have
ever made.
In my very first 8 weeks, I received $24,500. Since then,
I have received a consistent $5,000-15,000 a week and I attribute
this primarily to an exclusive lead generation system that
I have developed for my team.
Not everyone who joins CTS has access to what they need to
truly be successful, but when you do, this program REALLY
works.
You can call me anytime if you have any questions about how
I am having success.
Thanks Paul for having this discussion, and I appreciate you
letting us share our views here.
Mark Ross
857-221-9130
markthehelper@gmail.com
Umm, look up Ponzi. Back in my youth it was called “airplane”.
You could also look up “social security” but then that’s another conversation.
These are both illegal and immoral. And people are getting busted and going to jail over it.
paul is a pretty good scam artist: CTS works great!
Hey Joe,
Thanks for the insult.
If you’ll click on the link at the top of this article… you’ll see that I’ve evolved somewhat in my opinion.
You said “CTS works pretty great”… that’s a pretty relative statement. Would love to see some stats on that.
Documentation and data beats opinion any day.
Cash gifting is ILLEGAL in all 50 states. Period. Consult your state’s attorney general’s office for more information.
Paul,
WOW…it seems like you shook the hornets nest!
It’s “amazing” to see how people justify their income in any way, shape, or form to appease themselves that’s it’s o.k. to do something you FEEL is right.
Last time I checked the news there’s a lot of people in prison for doing something they felt was right like the nut job in Norway.
What I mean by that is this…
I’ve been in the make money / business opportunity field for many years now and can tell you without a doubt in my mind “after” speaking with several top business law attorneys that cash gifting is LEGAL!
Wait…before all of you “cash gifters” jump for joy.
I stated cash gifting is legal and not what people do called “cash gifting”.
Here’s my $8,000.00 point. (FYI, that’s what I paid for consulting with one of the top 5 business law attorneys in the USA who is on a first-name basis with every DA’s office in the US!)
The IRS code does state that you can give $13,000.00 in cash or gifts to another person that is considered tax deductible.
What you CAN’T do is profit from that gift in any way or be attached to a gain from giving that gift.
That’s 100% illegal and all you have to do is read about the fiasco with Hillary Clinton & Norman Hsu to understand the implications from giving a “gift” that you profit from in any way.
So all you cash gifters…sorry but please contact your closest DA’s office to find out more about what you’re in before you go spouting insults at someone whom seem to be level-headed and working an mlm business.
We may have our differences on the viability of network marketing but if you look at the TOP business successes you’ll see 5 of those companies are MLM based and traded on the stock market.
My 2 cents!
William,
Thanks so much for your comment.
I love hearing and learning from people who are educated on the topic and have learned from experts in the field as it seems you have done.
And… We may be in more agreement than you may think on the viability of network marketing. It sure has it’s flaws.
Best wishes!
Paul
Please! Another do gooder under the guise of justice. Irs Illeagal? Yes! People sticking their heads in the sand from fear, yes! If you really think about it Gifting is the kindest way to make an income. In a perfect world yes. But in a world of people who are trying to stop someone from making a living because they try to impose their opinions about its morality? I dont know you or have any clue to your ethical background. I am making a living doing this and everyone is told up front the risk. If you gave me 3500 dollars of your money and did not follow the simple plan to keep this going who’s fault is that? If you gave me 3500 wouldn’t you try your best to follow the plan? Just like in MLM’s the promises hardly ever work out but with gifting you have an investment in yourself.
If it’s factual that it’s illegal how come these people don’t quote any State or Fed. regulation numbers.If they really had our best intention instead of their own agenda,in mind,they would provide that.Wouldn’t they?
So is this legal or not? If you’re making a profit or expecting someone else to pay you in return, wouldn’t that be illegal?
Hi – I recently got involved with CTS and handed $6500 to my inviter, who happens to be a neighbor. I felt sick handing over that money, but decided I needed to give away this large amount of cash to movitvate me to get it back! I then spent another $1100 getting set up and paying $789 for 30,000 audio broadcasts to go out. Out of 18,000 that have already been broadcast, 36 people have contacted me for more information. They were all directed to my website to see what this is all about. Not one of them has been interested! Now I’m almost due to buy another $789 worth of leads and I’m wondering if I should hang in there and risk adding insult to injury or just cut my loses. I’m in a quandry….. My feelings right now are that you have to have a certain personality to pull this off. I’ve never been in any kind of sales, and don’t have the stomach for any strongarm tactics. Yes, I know that no one is holding a guy to anyone’s head (including mine) but I didn’t realize this would be so difficult to get people to even look at the website, let alone follow up in some way. My inviter more or less promised me that I would have at least one person who would join at the end of the first week, which would give me another $789 for the second week, plus a small profit to go towards my original investment. Do I think this works? Yes, I know it works if you hang in there and even better if you’ve done sales previously and know how to talk to people to get them more interested and motivated. I’ve been reading books and listening to tapes for two weeks. Maybe I just don’t have it in me…
I was looking into doing this Cash Tracking System. I’m really tired of trying to find a legitimate way of making on line. I’m working on doing affiliate marketing and I’m not having any luck whatsoever. Can you suggest any good affiliate marketing programs that can help me to get a little income coming in? Just to let you know, I’m involved with Six Figure Program, Prosper, IS WorldProfit, Inc and hosting a site with Brainhost. Yes, I have a clickbank account and I have tried about all the gurus out there. I stay up night after night til early morning working on-line reading, watching videos and listening to audio. I’m just not having any luck. Any advice? Thanks.
Simple question… where does the last dollar come from? With no product or service, then someone is giving up the last dollar, or in this case the last 500 dollars? Yes, I’m sure it is great, but who is the guy or gal left with the empty wallet, or worse the overdrawn bank account or maxed out credit card, who has no one send them $1500 (cause they didn’t just send off the $500, they also paid the $100 buy-in, and possible for envelopes and shipping)… so who is that? Is it me? Are you going to take me for all my money?