My Cash Solution

If you are someone who is entertaining the idea of joining a cash gifting program but are undecided about which one to join, you may first want to find out some distinct differences between the two systems out there that are fairly popular right now.  Generating cash is possible in either system, but knowing the differences between the two will lead you in making an informed decision on which one to join.

Brief History

Abundant Living System, “ALS” for short, launched in July 2008.  ALS has generated over $4,000,000 in cash gifts for its members.  When initially launched, the founders put thousands of dollars into advertising which contributed to the program’s extreme growth.  ALS is also popular for other reasons, which we will touch on later.

Magnetic Cash Gifting System, “MCGS” for short, also began July 2008.  MCGS is a branch off of the Rob Abrams Magnetic Gifting System.  Rob Abrams went on to create Global Gifting System and left the Magnetic Gifting to other founding members.  Although the new MCGS has a new URL, website, and back office, it still has kept the original name and many of the original members.  However, several other original members converted over to GGS with Abrams.

Inside Look

Abundant Living System

Abundant Living System has an attractive website which will equate to an abundance of new members.  They have the PIF “Pay it Forward” gift residual structure and the cash credit system.  ALS provides training, live help desk support for you and your prospects, follow up callback request service, and co-op marketing.  The entry levels to join are from $75 to $12,000, thereby accommodating the masses from the low budget individual to the deep pocket.

The Pay if Forward, or PIF gift residual cash structure of ALS works in a way that continues to benefit all members, even the ones who may not even be actively doing any marketing.  A PIF gift is sent to a random member of ALS every time a new person is sponsored into the program.  This means that if you are a member of ALS, you could receive anywhere from $10 to $2,000 unexpectedly just because you are that random member chosen to receive the PIF gift when someone new joins.  It does not even matter if that new member joined through your website or someone else.  The PIF gift is sent to a random member every time someone new joins ALS, despite who their sponsor is or where they live.

The cash credit is a nice feature of ALS too.  It allows someone to reach higher tiers without any further out of pocket expense.  So if you came into the program at the $500 entry level and later on wanted to upgrade to the $12,000 level, you could do that with the cash credit system and not spend a dime of your own!

Here is how the cash credit system works.  You decide to join Abundant Living System at the $500 entry level.  After you become qualified, and can receive gifts, any new person who joins your team at a higher entry level than you can be used as your cash credit.  This means that this person would be passed up to your inviter and the credit transferred to you for qualification at the higher level.  If your new person joined at the $3,500 entry level, then you would now be qualified at that level, too.  This is a great way to receive larger cash gifts without entering into the program at a high level.

Magnetic Cash Gifting System

The Magnetic Cash Gifting System prides itself on a couple main attractions to it’s program.  The first main attraction is the fact that there is no yearly admin fee to pay.  The second is how their website is setup.  It’s a no-hype website.  Their structure is a simple 1-up, meaning the first person to join your team is passed up to your inviter; you keep everyone thereafter.  MCGS also provides training, as well as access to a third party service who will market your website and get you at the top of the ranks in search engines.  The entry level amounts required to get started in the program range from $250 to $3,500.

The fact that the Magnetic Cash Gifting System has no yearly admin fee is a big attraction to their program.  It also makes the cash gifting activity more legit than ever before.  Cash gifting is the act of privately or publicly giving another person or entity a declared sum of cash, strictly as a gift – and giving it freely without coercion or consideration.  It is not a business transaction.  MCGS tends to think that if you get admin fees involved into the program then it becomes more like a business.  A business has to pay tax on income.  So if other cash gifting programs out there charge admin fees, they should also be paying taxes to the government on those fees.  The Magnetic Cash Gifting System has no such concerns because admin fees are not a part of the program.  Therefore, the Magnetic Cash Gifting Program will be around for years to come.

The website of MCGS is no-hype.  There are less flashy graphics and more text content for the reader.  After you have entered your name and phone number on the initial capture page, you then enter the actual content pages of the MCGS website.  This is where you learn about their program.  The look and feel of the site is very low key and professional.  Most other cash gifting websites have very hyped up content and flashy images.  MCGS feels that delivering good, accurate, and reliable content to the reader will lead to higher conversions into the program.  Readers who have seen all the hype on other sites may feel relieved to come across the MCGS site.  Simple, straight forward facts are much more valueable to a prospective joiner than flashy images and a sales pitch.  MCGS has this advantage over some of the other programs out there.

Conclusion

You have learned a few differences between two cash gifting programs.  Abundant Living System and Magnetic Cash Gifting System both offer unique features that differ from one another.  ALS has low entry levels, the Pay it Forward PIF structure, and the cash credit system.  MCGS has no admin fees, a no-hype website, and a 3rd party marketing firm to promote your website.

If you decide to get involved with cash gifting, you will need to decide which program is right for you.  You may like the cash credit system with ALS where you can qualify at higher levels without gifting any more cash.  You may, instead, be one who prefers to be as legit as possible, and go with MCGS with their no admin fee policy so you do not have to worry about the legalities of the program being a business or not.  Either program you choose can be a working mechanism for cash flow.  Your choice is soley dependent upon personal preference and which program has the features that are most important to you.

For more details, visit the following cash gifting websites below.

Abundant Living System
Magnetic Cash Gifting System

I hope this article has given you a little more insight into cash gifting and these two programs available to you.  If at anytime you want to request an article be written about another cash gifting program or financial topic, you may contact me at my blog’s “contact me” section.

To your financial success and happiness!
Michael Cain

MyCashSolution.com