Too Damn Easy is the first program that taught me “cash gifting” and making it a business. But is it a legal business or a scam? I’ll tell you in this review.
The idea of cash gifting has been around for many years.
In it’s wake, but because of abuse and avoiding to pay taxes from the earnings on can make from it, rules that have been built around it which have given rise to programs like Too Damn Easy that take this concept to it’s fullest.
So is this way of making money a scam?
Theoretically no, but there’s no way I would ever recommend anyone go into it and the reasons are I believe the this approach to making money is a straight up pyramid/ponzi scheme.
Too Damn Easy explained:
This program takes the concept of cash gifting into overdrive basically.
You sign up for the program and can begin by “giving away” anywhere from $2,000-$18,000 (plus fees). This gives you access to a system that then teaches you to promote the business to others and have them sign up through you.
Signing up other people will then enable them to get into the company by “giving away” the same entrance costs I mentioned above, but this money will go to you (minus fees I believe). Every 5th sale you make goes to either the person who referred you OR Q, the creator of the program.
I buy into the program for $2,000. I then use the tactics provided to me and get another person into the program. They buy in for $2,000 and that money goes to me (in cash I think).
Is this even legal?
Technically there is nothing wrong with the concept of cash gifting. People do it all the time, but just don’t call it that. There are certain rules/regulations depending on where you live as to how much you can give before it becomes a problem (necessary to pay taxes).
To put it shortly, cash gifting must be done WITHOUT having any intent to receive it back from the person you are sending it to.
In other words, if I give person A $2,000, I must do so without expecting anything in return from that person. But this is where programs like Too Damn Easy try to find loopholes within this system and what it does in my opinion borders into the grey area of legality.
Personally, I do NOT want to involve myself in any of it and there’s really many reasons for that. When you try and turn this concept into a money making scheme, good luck pulling off the excuse that you’re not giving away cash without intent…
Why I can’t recommend this program:
1) The mystery person.
I have yet to see who Q is, what he looks like and have no way of seeing if he’s a credible guy. Right now all I have to go by is a he said/she said type review which are rarely accurate. So instead I have to go by what I see & my experience with making money online. In this case, what I have concluded (and this is my opinion) is that.
I simply cannot trust someone who doesn’t reveal themselves. The sale’s video is very well done: Just show people tons of money, have them salivating with the prospect of making it and BAM, you’ve got yourself tons of people just begging to take their cash.
It’s really a formula that keeps working again and again, but I never get into programs who don’t have credible people behind them. I can’t say whether or not Q really can be trusted, so when in doubt, I don’t take the risk. We’re talking about $1,000’s on the line.
Here is a screenshot of their pricing plans they call “tubes”:
2) I believe it’s a pyramid scheme.
There has been much speculation of the cash gifting programs and whether or not they really are legal. Cash gifting on it’s own is fine.
If I send someone a gift in cash, that’s OK. But when I send someone a gift in cash, with the anticipation that I will then repeat the same thing and have someone send ME a gift in cash, that eventually turns into a pyramid scheme.
Theoretically if someone does cash gifting through this program, it’s fine, because they’ll never receive the money from the person they send it to, BUT the intention of that someone isn’t just to give money away, it’s to get it back and then some from OTHER people through the same process and this is where the issue comes into play.
This is where the pyramid scheme argument comes into play. You’re paying into a program with the prospect of making money down the line, but there really is NO product involved and the price to enter the program is ridiculously high. Even if it was $1, I still wouldn’t approve to be honest.
Furthermore, there are actual bills and warning from government entities warning about these types of programs. See an example here. Forget speculation, this is government straight up saying it’s not legal.
3) The ponzi scheme argument can be made.
A ponzi scheme is a business model where people are paid through other people’s investments. But in the end, it’s basically a circulation of money from one person to the next, not an actual investment going around.
That is where cash gifting (in the scheme sense) and ponzi schemes are in my opinion synonymous. When you have a money making scheme where there is no value or real investment involved, it’s a real risk.
4) I don’t think it’s ethical.
Somewhere down the line, people who get into this program are going to get screwed and not make anything. It has to end eventually like all pyramid schemes. The only people who succeed are those who really do put in the work and/or get in when it’s early, but in either case, I don’t find this process of making money ethical.
Is it really OK with you to get someone into a program to fork over their money who then go on to do the same to others? You’re basically building a chain and the person/s who are on the last piece of the chain are the ones who “get’s stuck with the bill” which technically means they get screwed and don’t make any money. I’m not cool with making money through what I consider screwing over others.
- You might be able to make money.
- Potential pyramid/ponzi scheme argument present.
- VERY expensive to get started.
- No real info on Q.
- There are other cash gifting programs out there and I honestly think the same way about them as I do about this one. For example: Cash Club Fund, as well as 30 Day Success Formula and Cash Tracking System.
Final Rating: Too Damn Easy
1 out of 10 stars. No way I’m ever going to recommend this. If you’re looking for honest ways to make money online, see my #1 recommendation, Wealthy Affiliate.
My final thoughts:
I feel like in this business, I’m basically trying to pass of a “bill” to someone else who then tries to do the same and so on and so forth. If I can pass off the bill, I make money, if not, I’m stuck with it. Here’s an illustration of that:
- Person A gets paid (gifted = paid) by person B
- Person B gets paid by person C
- Person C gets paid by person D
- And so on and so forth. In fact let’s take this all the way to Person Z. Who pays him/her?
Well this is what inevitably happens in this business model. Eventually you out of people to get paid from and in this case Person Z gets stuck with the bill. I know it’s called gifting, but it does feel like a bill from my point of view and this is why I have an ethical dilemma in recommending this. I simply can’t do it…
And to those people who think I’m doubting it or “hating” on it, I do believe you can make money doing this and I did read the 25 page report Q set up all the way through. I still don’t want to be involved with this.
If you have a personal review/opinion about Too Damn Easy you’d like to share, I’d love to hear it!