What is Cash Tracking System? Should you join this business opportunity?
Cash Tracking System, or Financial Freedom, is a multi-level marketing business based on a gifting system.
You sign-up, subscribe, buy a package, and then you can start building your team and promoting the company.
While watching the sales videos, it became rather clear to me what the whole product is about.
Hint: The videos don’t explain much. Instead, they promise that you’ll join the top earners in the online business world.
Fishy?
The concept of cash-gifting is not new in the online world.
To be frank, it is a well-known internet scam.
But lets take a closer look at Cash Tracking System.
Cash Tracking System Review:
Product Name: Cash Tracking System
Product Type: Cash-Gifting Scheme
Price: $39/month plus 4 pledge levels ranging from $500 to $3,500.
Best For: Nobody in my opinion.
Rating: 0/100
Summary: Cash Tracking System is a cash-gifting scheme built on hype and fails to deliver financial results, proper training and support to build an online business.
Recommended: No
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What is Cash Tracking System?
Cash Tracking System is based on a cash-gifting idea, where each member gifts the member above them a “Cash-Pledge”.
Once you create an account and the pledge has been paid, the idea is to find people who want to pledge you cash-gifts.
There are four levels (as well as other hidden fees)
- $500
- $1000
- $2000
- $3500
The scheme works like this; one person joins the program and pledges cash to the member who recruited them.
Then that person recruits more people, and those people pledge cash, and percent of the cash moves up the ladder.
As a member of Cash Tracking System you will have to not only hand over a cash-pledge, but also pay a $39 monthly fee!
The minimum you can pledge is $500 – and that secures a place in the business for you.
Members are given a website they can use to advertise the opportunity and earn more pledges from new members.
The website is basically a clone of their official site – and to put it bluntly – it looks terrible.
The amount you pledge to the system unlocks the amount others can pledge to you.
For example, if you pledge $500 that means you can only earn from people who pledge $500.
If you pledge $1,000 you can receive $500 and $1,000 pledges, and so on.
That’s the meat of the system and how members earn money!
Sounds like a scam? Now you’re catching on…
Cash Tracking System Complaints:
You don’t need to look far to find someone complaining about this system.
The most common customer complaints regarding this product are related to traffic.
And I’m not surprised.
Nearly all complaints mention it is difficult to send traffic to the site and make it convert.
The problem is obvious; the site is a clone and there’s no room to publish keyword-targeted articles.
The best way to make money online, from a website, is to write keyword targeted articles and lead the traffic to an affiliate offer.
If you can’t write articles, acquiring traffic will be very difficult. If that’s you, we have an awesome source for that too.
There’s another problem with Cash Tracking Sites as well – they’re clones.
Duplicate websites don’t rank well in search engine results.
The only way to send traffic to these sites is via word of mouth or buy traffic.
And traffic can be quite expensive – and it might not even convert – so its a gamble!
In short, to make any progress with this system you’ll not only need to pledge cash but also buy traffic.
Something tells me most people don’t have thousands of dollars to throw away on traffic campaigns and questionable opportunities.
You want the best information when it comes to building free/organic traffic?
Check out our free guide book…
Basically, with Cash Tracking System everything is working against you.
Wouldn’t it be easier to follow the rules?
Cash Tracking System Pros:
It looks like the company has been around since 2009 and they do host regular Q&A sessions.
So at least the team is still active and the company hasn’t completely died yet.
But something tells me more members leave than remain, it seems like a lot of people are going through the doors and out the other end.
I wasn’t able to find any solid information on refund policies, I believe there are none, so be careful.
What I Didn’t Like:
There’s a lot… really!
But we’ll mention the main points here.
For starters, its pretty expensive.
Cash pledge + Registration Fee + Subscription + Up-sells!
It can come to over $1,000 just to make an account.
And that doesn’t guarantee anything!
If you want to make any of it back you need to start promoting the business like crazy!
You’ll probably take your website link to Facebook and message all your friends, only to have them block and report you, inevitably leading to a entire account ban.
Then you’ll use the rest of your savings on paid traffic, only to watch as none of it converts.
So you’re left with less friends, no cash, and nothing to show for it.
It might sound like an exaggeration, but it happens.
These product has far too many red-flags!
Here are a few:
- No Information in the Sales Videos
- Vague Promises of Wealth
- High Cost
- The Entire Cash-Gifting Concept
- Crappy Clone Websites
- Hidden Fees
In short, I suggest you keep your distance from Cash Tracking System!
Our Conclusion on Cash Tracking System:
To summarize, Cash Tracking System is a cash-gifting scheme that is built on way too much hype and fails to deliver.
Now you know what is Cash Tracking System and you can evade it.
It is difficult for beginners to make any sort of cash with the opportunity and its like fighting an up-hill battle against search engines.
Making a legitimate website and a legitimate business is not that difficult.
Want to learn how to do that?
Start with our free training!
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And you can feel free to promote your legitimate business anywhere without worrying about being flagged as a spammer.
Avoid all cash-gifting schemes as they have all been proven to be scams, similar to pyramid schemes, only with a different name.
Learn how to spot scams and you’ll be able to filter out all the junk and only focus on products that benefit you.
Thanks for taking to the time to read this what is Cash Tracking System review!
Leave a comment if you have experience with this product or similar opportunities!
Cash Tracking System
$39/month.
Pros
- The Company Has Been Active Since 2009 and Hosts Regular Webinars
Cons
- Very Expensive to Start. You Need to Pay a Minimum of $1,000 to Start.
- Not Transparent. Hard to Figure Out What the Product is About.
- Cash Gifting Scheme. Not Recommended.
Thank You for an Honest Review. There are a lot of people who are making money from scamming people, without a care of who is on the other side. Everyone has worked hard for their money and to be ripped off it’s so sad. Thank you for caring and sharing.
Brenda | Replace Your 8 to 5
Thanks for your feedback and solid advise on Cash Tracking System. Best
Hm, I see. Thank you for warning people about this ridiculous scheme. I was contemplating signing up at cash tracking system but opted to do some research beforehand. Your article helped me in deciding to stay far away from this money grabbing “service”.
Keep up the good articles, I will definitely return to your site to learn more about passive income – achieving monthly passive income is a long-term goal for me!
Awesome Linus, thanks for your feedback on Cash Tracking System. We’ve got everything you need to create real and long term online success through our Free Internet Marketing eCourse.
Best,
Todd
I had heard about this cash tracking system (multi level marketing) since 2014. My friend tried this and she could not recruit people and lost money. She was pretty disappointed about the whole situation. I don’t like cash tracking system. So this page is very helpful and will remind people be careful. Thank you so much for this information.
Hi Nanshilar,
Thanks for your feedback and personal story about Cash Tracking System. Much appreciated.
Interesting! I’ve not heard of cash tracking system, so I really appreciate the review. It amazes me that people actually get into this kind of scheme.
I wonder what the appeal is for this kind of system. Is it just the financial draw? I guess I don’t understand the purpose behind this system. Why would someone want to be part of this? What attracts them to a system like this?
Hi Teresa, thanks for your feedback on our review. With all of these types of programs it’s about promises of easy money.
Time and time again people buy into what the want to hear instead of doing a bit of research and realizing that it takes hard work to make money online. More so in the initial stages, but it’s totally worth it.
Hi Tim! I have heard of this cash tracking system from an ad and I was really interested about it as seemed like a good way of earning some extra cash!
After reading your review on cash tracking system, I think I will give it a miss. Like you said, it costs so much money to start, and furthermore, nothing is promised!
For now, I will go to the free training course that you have suggested and see how it goes from there.
Thanks for your review and I found it really helpful!
Awesome Fernglow, thanks for your feedback on cash tracking system. I think you’ll get a great head start with our Internet Marketing Training course as well as our free Targeted Traffic eBook.
You can use the eBook as a guide to targeting traffic and ranking quickly in Google.
Thanks,
Todd
Hey Tim,
Thanks for the specifics on this cash tracking system scam. If I was a bit newer to the website creator/publisher scene I might be tempted to buy into something like this. I’ll definitely be on the lookout from now on.
I notice that your link takes a person to the Wealthy Affiliate program. When I was first looking at making money online I thought they might be a scam too.
However, their representatives were very real and down to earth, saying that it is going to take some time and a lot of hard work to make it work in the online world. How different that is from what these scammers offer: fast cash with little to no effort.
Thanks again for the information!
-Chadimus
Hi Chadimus,
Thanks for your feedback on Cash Tracking System as well as internet marketing programs.
You are absolutely right, there is so many programs that are scams or offer little value.
I went through the same process over 3 years ago and entered into the Wealthy Affiliate training program.
As soon as I watched some classes, checkout the Live Weekly Webinars and felt the community support, I know WA was nothing but value.
I’m actually a life time member because of their continued training and support along with Site Rubix’s tools are critical to make my online business tick.
All for $1/day, it’s brilliant.
Thanks,
Todd
In this article on the cash tracking system, you really went into great detail on what your experience was like and what to look out for. Very impressive!
I’m one of those people that constantly looks for things that might be a scam, since there’s no shortage of them on the web. And although you’ve pointed out that this cash tracking system isn’t a scam, to me it seems like one.
There is no shortages of scams online. I notice you advocate for Wealthy Affiliate and I think that’s a great thing.
Matter of fact, WA was really the only platform for wealth building that seemed legitimate enough to try.
On a side note, I checked out the Resources link and liked how you listed the top places to look for free images. I was researching free images two nights ago and thanks to checking out your article I now have a couple of more sites to put on the list!
Thanks again, you site is a great source of information.
Thanks Mike for your feedback on Cash Tracking System as well as this website.
I’ve tried to create all the resources one will need when they start working online.
Creating an online business can be a challenge if you don’t have the right tools and resources.
Thanks,
Todd
Wow, a lot of good information here on Cash Tracking System.
I don’t think this is the type of online business that would work for me.
In general, I don’t think much of mlm’s or pyramid systems because they offer little value and you never make any money with them.
Really solid review and I signed up for your free targeted traffic ebook. So far I’m learning a ton and it is like a guide to publishing and ranking content.
Thanks so much.
Awesome Gerry, thanks for the feedback on our eBook as well as our Cash Tracking System review.
Much appreciated!