I know that the topic of this article relates to creating ways to make money using the following five steps. However, if you follow these five steps, there is not a doubt in my mind that you will get everything that you want out of life.

1. Your desire to make money must be strong. Desire is the intangible which motivate you to keep working in the face of obstacles. Thus if you have been unable to make money in the past, you must closely analyze your desire. Most likely it is currently not strong enough to accomplish whichever goals you had set forth in the past.

2. To overcome a lack of desire, you must first set goals which actually correlate with your desires. Not only do goals help to keep us motivate, they also direct which actions we take in order to achieve our desires. The more clearly that you are able to picture exactly what it is that you desire in your mind, the more accurately you are able to define your goals. You should always write your goals down on a paper so that you can reiterate them to yourself. A goal which is adequately stated should clearly identify what it is that you want in a coherent, positive, accurate, and excitable manner.

3. Unfortunately, we are not out of the woods once we establish our goals. Rather, it is important that we are convinced that we can actually attain these goals. Furthermore, we must realize that we are as deserving of success as anyone else on this planet. Although we may not have all of the answers where we stand right now, we must be confident that we will find the answers along the way. This is not only significant for determining ways to make money. Rather, it applies to all goals in life.

4. The main ingredient to success is a positive belief set. You may have the most brilliant dreams, a strong desire, and beaming goals, but if you have a negative attitude, they will all be neutralized. One of your most valuable assets in achieving ultimate success is a positive attitude.

5. Consistency over time. Yes, it is easy to start things. However, it is even easier to quit. You need consistency in order to stay on track. Have you ever performed a task so repetitively, that it become something that you could almost do in your sleep, and still get the best results? The reason why this happened, is because you became an expert due to high repetition. Just think about how difficult it was to drive when you had your learner’s permit compared to now. You can drive without thinking or anxiety because you have done it consistently over time.

Prior to getting ahead of yourself when scouting new ways to make money, examine what has been set in this five step process. Keep in mind that this same process can be applied to everything that you want to achieve in life.

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Every single cash gifting program which attempts to pass cash gifting off as an opportunity to make money uses the exact same logic to try and explain its legality. Cash gifting administrators point to the language of the United States IRS Tax Code, Title 26, Sections 2501-2504 and 2511, which states that:

An individual may give as a “cash gift” up to $12,000 USD total, to as many individuals as that individual desires within a calendar year. While these gifts are non-taxable, and need not be reported to the IRS, there are conditions. In order to be deemed non-taxable, the cash gift must be given without the expectation of receiving anything in return.”

Just think for a moment. If you were to send cash to a stranger, would you not expect something in return? You would at least expect to make your money back. No matter what anyone says, there is not one single person involved in a cash gifting program whose intent was to simply give a stranger a gift out of the kindness of their heart. It is clear that the IRS Tax Code, Title 26, Sections 2501-2504 and 2511 were not intended to exempt transfers made via cash programs from taxation. Therefore, anyone who is involved in a cash gifting program, and attempts to avoid taxation under the guise of the aforementioned Tax Code, will most likely be subjecting themselves to tax evasion charges. Furthermore, these sections of the IRS Tax Code merely determine whether a specific form of income is taxable or non-taxable, not the legality of a business or activity structure.

1) The Structure of Cash Gifting

Generally, cash gifting programs involve convincing others to become members of a scheme. To become a member, said individual must send a “gift” in cash to the person who recruited them, pay administrative fees, and submit some filled out documents. I have not yet seen a cash gifting program which offers a legitimate product or service. However, they attempt to contrast themselves with the well known, but illegal pyramid scheme with some formalistic artistry.

2) Traditional Cash Gifting Clubs (Pyramid Schemes)

Most people are familiar with the illegal pyramid scheme. This is a type of cash gifting which has existed for probably a century. Due to the fact that they are doomed to collapse, and people have to fail in order for them to exist, they have been made illegal in nearly every developed country in the entire world. There simply are not enough people in the world for such a scheme to continue as they are an infinite chain. They are regarded as pyramid schemes due to their endless geometric progression. Just like the type of cash gifting which we have been discussing, these pyramid schemes involve recruiting people to hand over cash to gain membership in a cash gifting club. Similar to the above scheme, pyramid schemes offer nothing of value, no service, and no product.

3) The Modern Day 1-UP Structure of Cash Gifting

This was perhaps the most common online cash gifting structure early on before internet cash gifting administrators became really creative. In order to avoid the appearance of being an illegal pyramid, the 1-UP Cash Gifting Structure creates a beginning and an end (ie. receiving line) for every cash gifting transaction. The structure of 1-Up Cash Gifting is fairly straight forward. For example, “Cash Gifter 1″ brings “Cash Gifter 2″ into their respective program. “Cash Gifter 2″ now brings “Cash Gifter 3″ into the program. However, “Cash Gifter 3″ must send their “cash gift” to “Cash Gifter 1″, as “Cash Gifter 2″ must pass up their first gift to the person who brought them into the program, hence the term, “1-Up Cash Gifting.” Thereafter, “Cash Gifter 2″ is free to collect “cash gifts” from future recruits, as “Cash Gifter 1″ is no longer in their receiving line. *For more details on the different types of cash gifting programs, please the website listed below.

Currently, there is nothing concrete stating that this new form of cash gifting is either legal, or illegal. I attribute this to its youth. With that being said, you cannot argue its resemblance to an illegal ponzi or pyramid scheme.

While the final decision is up to you, we recommend that you proceed with caution for a couple of reasons. The first reason is due to the fact that internet cash gifting is in such a gray area right now, you do not want to end up being the first defendant in State v. Your Name. Furthermore, if you decide to take your chances with cash gifting, other people will be very apprehensive not only to send untraceable cash to an absolute stranger (you), but will also have concerns of ending up being the named defendant in State v. Their Name. Hence, we conclude that if you are searching for how to make money, that you avoid cash gifting.

Do not fall for the Cash Gifting scam. To find out more regarding Cash Gifting and why it should be avoided, visit analogiclabs.com.