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By: David Nielsen 987
This is David Nielsen and Hello to everyone, I'd like to express my appreciation to you for your visit to my page. The purpose of creating this blog is to make a couple of points and illustrate what money gifting programs are about. What is the definition of Money Gifting Programs? What is the fundamental principle of Monetary Gifting? Are Money Gifting Programs a type of pyramid scam? * Lastly, is it legal to participate in cash gifting? These are fabulous questions to be asking, don't you agree. Let us look at the first one to start. What are all of these money gifting programs? Everybody gives gifts, since the days Jesus was here on earth, we have had that wonderful feeling you get when giving a gift. Business or Commercial activity is not included in private gifting. It's not Affiliate Marketing, Multi-Level Marketing or Network Marketing There are absolutely no transactions in Investment, Securities or Business involved. Money Gifting Programs are the simple concept that it is just another club to belong to. What is the theory surrounding Cash Gifting? When we want to be kind to someone we often privately give them a gift. This has been occurring for hundreds of years. Lots of people like to give there friends and families and people they care about money gifts. This practice is permitted by governments worldwide. Are you a naturally generous person, giving your family and friends thoughtful gifts, or do you readily offer your help to those in need? Gifting is part of everyday life in cultures all over the world The reasons they gift may be in order for an acquaintance to purchase a home, begin a company or anything at all. Gift-giving is quite common within the South American, Jewish and Asian cultural communities. Gifts can help better peoples lives. A terrific instance of personal gifting is a donation to Habitat for Humanity. By pitching in with materials, skills, labor, and time, people work together to build a home for a deserving family or individual. Whether it is with money or with hammers and nails, they all work together so that they can bless someone. Really neat! How does gift activity come about and work? One concept is most who gift follow a step by step plan in an orderly fashion. You are familiar with the saying, "As you give, so shall you receive." "You reap what you sow", is really true here. Have you begun to understand the money gifting programs yet? One of the best parts about giving a person a gift is that you will begin receiving gifts in return. Once The Laws of Attraction occur you are helpless. It is readily apparent that when we bless another it just opens the door for our own blessings. For those of you who have not read The Laws of Attraction by Michael J. Losier - I want to really encourage you to do so. The point is there are no people who have a better chance over new members in a money gifting program. Each person is equal to the next, see if you can find that where you work or anywhere else in fact. Money Gifting Program get bad rap as pyramid scheme. It's absolutely untrue - money gifting programs are not pyramid schemes! Pyramid schemes cannot be run by an individual, but only by a company or a business. Money Gifting Programs aren't businesses but privately run sharing groups. Sales quotas do not exist. There aren't any positions. There isn't a broad and growing base under a few people at the pinnacle. No question about it, everybody is equal. How often do you observe a person who begins at the bottom level in a business and winds up at the top position? I can say that I have not. Lastly, is it legal to gift money? In fact, organized giving has been practiced by individuals as well as church and civic groups for more than 300 years. Exchanging gifts is a legally supported act, supported by laws. Americans have the right to make money, pay their taxes, and give away their property. They just have to do it within the limits of the law. That is why we have the Preamble, the Constitution, and the Bill of Rights. They protect our right to manage our property as we see fit within reason. In America and Canada, the people have the right to manage their property as they see fit, as long as they do so within the law of the land. This concept makes the notion of private gifting possible. The U.S. The IRS Tax Code, Title 26, Sections 2501-2504 and 2511, contains the pertinent rules on gifting. The law allows any individual to gift as much as $11,000 per calendar year to another individual without incurring any tax liability because the tax on the gifted amount is considered to have been paid already. The gifts referred to here aren't considered as part of the receiver's gross income.
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Hopefully this has cleared up some things in regards to Money Gifting Programs. I realize the one I'm part of is seven years old. It is my opinion that Money Gifting Programs are appropriate for hards times only, and not to be exploited. You definitely won't be able to find a YouTube video of me opening presents. In my opinion these people are misusing the rights that they have. When a person cares about other people they enjoy helping those in need. In this case, a Money Gifting Program is right for you. You can look at my website at this location moneygiftingprograms.com
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