Well, not being one to knowingly break the law, I put in a call to my state’s District Attorney’s office and also to the FTC to ask if cash gifting was illegal. I posted my findings on my old blog and you can read about it here: “My Cash GiftingQuest for Answers: Illegal or Not?”

I stopped gifting for awhile last year because the program I chose changed and they began implementing large admin and monthly fees that I thought were excessive. I kept looking for something though and checked out a few MLM opportunities but I just can not go there again. I have a MLM blog as well, and posted about a new (at the time) company that pretty well sums up how I feel about MLM these days: MLM Work At Home

Basically I have spent thousands to be involved with so-called legitimate network marketing home based businesses – the ones that charge you to become a rep and then force you to buy $50 or $100 or more in products per month to “qualify” for your commissions, if you manage to sell anything.

I would always be very excited and optimistic at the beginning. I did what I was told to do and had some minor success but never the massive residual income that entices most to try it in the first place. But after my last try with ITV Ventures which went out of business just as I was starting to make money, I have said “NO MORE!”

That said, I know that there are many who do cash gifting and MLM, and I’m not saying there is anything wrong with that. It is just that mlm has not been a good fit for me. I have made money with cash gifting – I have lost it with MLM. Seems a simple conclusion to do what works for me and step away from what doesn’t.

I started a new $25 cash gifting program on Monday that is a feeder for their $500 – $3500 program. So far they have exceeded what they guaranteed for paid sign-ups. If all goes well I’ll be gifting at the $500 level in a few days, and will be sharing the program here. There are no fees involved and so far it’s the only program I’ve found without any.

That’s all for now.

_______ Update November 12, 2009

I have a link for the 5 day challenge to share now. Sign-in here to get all of the details:
Cash Gifting Program – 5 Day Challenge

Update Feb 2010 – no longer with this gifting program and do NOT recommend it!