Let me guess. Somebody reached out to you and claimed that you can make a lot of money and even reach financial freedom with the Cash Tracking System. It sounded too good to be true and now you are here, wondering ‘’What is Cash Tracking System?’’
Luckily you’ve landed on the right place, because in this review I will tell you the truth about this program. Is it legit or is Cash Tracking System a scam that will just end up costing you money?
I came across this program by an email spammer and decided to take a closer look at it. What I found will surprise you. The Cash Tracking System isn’t what it seems at first. So if you’ve been thinking about joining, make sure to read this unbiased review in full.
Cash Tracking System Review – Overview
Product Name: Cash Tracking System
Product Type: Cash Gifting System
Price: $559.95 – $3,500 AND $34.95 for each month thereafter
Best For: No one!
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What is Cash Tracking System?
The Cash Tracking System claims to be the “most powerful cash-generating system on the internet” that will help you reach financial freedom.
They tell you how they can help you make money online, but the truth is that Cash Tracking System is an illegal cash gifting scheme.
I will go into more detail in a minute, but for now let me point some things out. First of all the owner is unknown. We don’t don’t know who is behind the system. This is a huge red flag because scam creators are afraid of being sued and therefore, do not reveal their real identity.
The landing page is full of hype videos that don’t give you a clear idea of what you will be doing to make the huge sums of money that they promise you. All they tell you is that you will be sending gifts to one another. It is the typical get-rich-quick scenario. The only way to get access to the sales page is by being invited by somebody who’s already inside the system.
As soon as I saw the sales page, I could tell that something was going on. Everything seemed so mysterious and my first thought was that Cash Tracking System is a scam. But I decided to not judge too quickly and did my own research. Here is what I found.
Other than that, if you by a chance managed to recruit someone, you can only get paid for the level you joined at. This means that even if your referrals joined at level 4 and you are at level 1, you will only get the commission for level 1.
The owners use this strategy to create a sense of urge in you. They tell you that the higher level you join at, the bigger commissions can you get. What they don’t tell you is that it is impossible to make money with Cash Tracking System. They are just taking advantage of people who just don’t know any better.
How Cash Tracking System Really Works?
As I already mentioned, the Cash Tracking System is a cash gifting scheme. This means that it is all about recruiting members who just pass the money between themselves. There is no product, only memberships.
This is called a pyramid scheme. Let me explain how it works.
The creator sets the website up and shares it with someone. He talks about the opportunities that the system can provide, but in order to get access to it, people have to pay a fee.
The fee goes directly to the creators pockets. After people sign up for the program, they find out that the ‘’opportunity’’ that the owner talked about is to recruit others into the same system.
So let’s say that one person buys the program and manages to get referrals. For each referral that he gets, he will receive money. After that those referrals start recruiting new members and the same pattern is repeated over and over again.
This is how a Cash Tracking System and a pyramid scheme work.
How much does Cash Tracking System cost?
Let me summarize exactly how much Cash Tracking System will cost you.
First you will have to pay $25 for the “Presentation Center website”. This is basically a one time, mandatory fee. Without it you will not be able to promote the Cash Tracking System.
After that there is a recurring subscription fee of $34.95 per month in order to keep the website that they give you.
This adds up to a total of $59.95 for your first month and then $34.95 every month after. However, that is not the end. You are now registered into the system. But in order to have the chance to make money with it, you will have to pay a “pledge payment” to the person who referred you.
The pledge payment varies from $500 to $3,500, depending on the level you choose. You may be thinking that you will join at the lowest level, but the creators are expert marketers and they know how to fool you into buying the highest level.
They use a scarcity trick to make you spend more and more money. The strategy creates a sense of urgency and a fear of missing out. They make it seem like it’s a cheap investment, but when you look at the bigger picture, you will see that you end up losing money instead of earning it.
After you pay the initial fee, you will find out that in order to get access to the big commissions that they promised you, you will have to upgrade.
You can only earn commissions for the level that you bought in the first place. This means that if you invest $500, you can’t earn more than $500 when you recruit someone. Even if that someone upgraded to the highest level for $3,500, you will only earn $500.
When people hear this, they naturally don’t want to leave money on the table so they rush into buying the highest level memberships. Note that there is no guarantee that you will be able to sell the system to somebody else. You are therefore not guaranteed to make any money at all.
What’s even worse is that there’s no money back guarantee, because your cash is directly paid to another member.
So Cash Tracking System will cost you a minimum of $559.95 and $34.95 each month thereafter. And if we take into account the scarcity tactic that i just talked about, it can end up costing you A LOT more.
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What I Like About Cash Tracking System?
There is absolutely nothing I like about this system. It is a pyramid scheme full of BS. There is no product involved. It’s all about recruiting people to the same crappy system and passing the money between the members.
Red Flags: Cash Tracking System Ugly Truths Revealed
As you can already see, I am not positive about this program at all. If you don’t believe me, take a look at the most common complaints that other members have.
They trick you into thinking that the system and the website will help you recruit more members
People are excited when joining the Cash Tracking System. The owners make such incredible claims that people just can’t wait to start making money. They think that the website they are given will do all the job for them, but after a while, they all agree that the website is useless.
Everyone is given the same website, so it’s extremely difficult to stand out from the crowd.
Very Few People Are Interested In Cash Tracking System
Most people join with the hope that they will earn back their initial investment by recruiting people, but unfortunately that is rarely the case. Everyone uses the same duplicated websites, so there is no way for you to stand out from the crowd.
The website that Cash Tracking System gives you is nothing more than a pitch to join the same program. After people buy the program, they realize that the only way to make money with this scheme is to recruit others.
The whole process is repeated over and over again. This is called a pyramid scheme and the only ones who make money from the Cash Tracking System are the ones that created it.
It’s A Pyramid Scheme
As I have already mentioned earlier, the Cash Tracking System is a pyramid scheme, meaning that there is no product involved, only memberships. You are actively spamming people and trying to get them to buy into the same crappy system that fooled you.
You Won’t Receive Any Gifts As They Claim
The only way you can join Cash Tracking System is through an invitation from a member. Your sponsor will ask you what level you want to get into and after that you will have to send him the money.
The money you send is described as a gift for giving you the ‘’opportunity’’ to join the system. They totally misrepresent what a gift means. A gift is something you give to someone, without expecting anything in return. But with Cash Tracking System, you expect to receive money after you give the system to someone.
What I am trying to say is that no one within the Cash Tracking System will give you a gift unless they themselves are in a position to receive a gift.
Is Cash Tracking System A Scam?
Yes, Cash Tracking System is a scam. Some people won’t call it a scam because theoretically there is a potential to make money with it and they do give you a website, but let me tell you why I think it is a scam.
Even though they make it seem like you can make money with their system, in reality there are only a few who manage to earn some dollars from it. Cash Tracking System is a pyramid scheme, meaning that the ones who created it will make the big money on the expense of the people who buy it.
You have to recruit people all the time and pay for the crappy website that they give you. The website is duplicated, meaning that everyone else is using the exact same one. What makes you different? The controversial rates are extremely low, so you can’t be profitable with Cash Tracking System.
They use the cash gifting model as a way to make the whole system look legal, but it is not. Cash gifting systems are not legal whatsoever.
A Better Alternative
The sad truth is that almost all programs that promise to help you make money online are scams. But the good news is that there are a few legitimate ones that can truly help you earn money.
Out of all legitimate programs that I have seen, the one that I recommend the most is Wealthy Affiliate.
Wealthy Affiliate is perfect for beginners with little or no experience in the make money online industry. It will teach you everything you need to know about affiliate marketing and what is the best way to make money from it.
Wealthy Affiliate provides you with training and all the tools necessary. There is a supportive community that will answer all questions you may have. All you have to do is to follow the training and be consistent.
I am not saying that it is going to be easy. The money won’t just fall from the sky, without you doing the work. What I can promise you is that the work you put in the beginning will be worth it in the long term. Most Wealthy Affiliate members start seeing results in the first 6 months.
So if you are tired of scams and are looking for a legitimate way of making money online, Wealthy Affiliate is the program for you.
Check out my FREE Make Money Online Guide for more information and great tips on how you can get started for free and have me as your personal coach.
Thanks for reading my Cash Tracking System review. I hope you now understand why I think it is a scam and why you should not get involved in it.
If you have any questions or thoughts about Cash Tracking System, please do not hesitate to leave me a comment below. I will be more than happy to answer you 🙂