If I told you that you could make up to $5000 a day working just 30 minutes starting today, would you believe me?
That’s what the creator of Cash Formula wants you to believe. So is it real, or is Cash Formula a scam?
Don’t pull out your wallet! I’ve looked over all the materials you get with this system, and you need to read my thorough review below to see what you’d be getting yourself into. Let’s check it out!
What Is Cash Formula?
Cash Formula is a system to make money online that was created by a man named Michael Green. You can access it at www.CashFormula.co, and it sells for $37.
The sales video makes one thing very clear–you can make up to $5000 a day and $100,000 in 30 days. In fact, you’re told this over and over and over!
However, that is pretty much all you ever get to know about the Cash Formula.
There are no details about what the system deals with. Is it affiliate marketing? Selling products on eBay? Amazon? Blogging? Publishing eBooks? Cryptocurrency?
They just go on and on and on about how much money you can make with their totally done-for-you system.
You are told that this system is secret and was developed by a group of Ukrainian coders back in 2010. They kept it to themselves for years and then sold it to Michael Green’s company.
They give you a feeling that you are entering a secret society by telling you things like:
“The elite ecom gurus are deathly afraid of this video getting out”
“It’s already pissed off several very powerful ecom firms who found out about it”
“But I can’t let 152 people in. It’s just too risky to draw that much attention.”
“It makes being rich possible for anyone anywhere for the first time in history.”
“….this secret is like holding the Holy Grail.”
Then they show you an image that’s supposed to be Green’s bank balance from using this amazing Cash Formula system.
For those who are naive or inexperienced, this is supposed to be the icing on the cake to divert you from the fact that you don’t have any clue about what this system is!
You also hear a lot of testimonials from people saying that they’ve made hundreds of dollars just in the first hour or even 10 minutes of owning the Cash Formula system.
But taking a closer look at these testimonials shows that you can’t believe what’s being said.
I recognize some of the people as paid spokespeople that have given testimonials in the sales videos of other programs. They usually get hired from sites like Fiverr and are paid to read a script.
Here’s an example with the first picture being from Cash Formula and the second one from a program called eCom Cash Crusher, which I reviewed recently.
Here’s another spokesperson who has given testimonials for several MMO programs that I’ve reviewed:
When you are trying to sell something a product and give them no details about what it is, your potential customers need to trust in what you are telling them.
There’s absolutely no way that you can trust a company that has to pay people to say that they’ve made money using their system.
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You also need to feel as though you know something about the person selling it to you so that you can have a level of trust there also. But the picture of the man named Michael Green is just a stock photo.
Here’s the image that I found on freepik.com:
The man saying that he’s Michael Green in the sales video talks about how he’s got so much money now that he’s probably got more than he should have!
He’s got a big heart and feels a little bit of guilt. So that’s why he’s spent all this money and has paid people to do all the work for you. This system is completely done for you.
Since he wouldn’t be able to sleep at night if someone was losing money with his system, he’s only charging a one-time hosting fee of $37 for life.
He’s going to make you an eCom millionaire out of the goodness of his heart with hardly any effort on your part!
He says he’d be stupid to ask for $2,997, or $1,997, or even $997, yet he swears you can make up to $100,000 in 30 days or less–is any of this believable or make sense? No, absolutely not.
I know from experience with these kinds of sales videos that this is not a legitimate program and there is nothing in this system to justify the kinds of claims they’re making. However, I purchased the Cash Formula so that I can show you what is in it.
What Does Cash Formula Offer?
It turns out that the Cash Formula system is about making money with Amazon! Not only does it not have any secrets that came from Ukrainian coders, there is no information in this system that you can’t get online for free.
Not only that, but there is no done-for-you system where all the work has been done for you. There is absolutely no way that anyone is going to buy Cash Formula and start making money, much less $5,000 in the first day!
This system is nothing but a lot of general information packaged with a lot of affiliate links to other sites. These other sites are supposed to be the that you use to generate profits with Amazon. So when you sign up for them, you make the owner of Cash Formula commissions.
Here are the sites you are supposed to sign up for and the pricing for each:
~ SiteGround–This is where you’ll get your website from. What package should you choose? How many GB of web space do you need? How many visitors are you going to get each month?
No beginner is going to know the answer to those questions to choose a package. With prices from $3.95 a month to $11.95 a month, this one isn’t going to be a deal breaker for many people.
~ KWFinder–This is a keyword tool to help you find the best keywords to help drive traffic to your site. Considering the fact that beginners don’t know how to use SEO, Search Engine Optimization, to get visitors, they won’t know how much they’ll use this tool.
At a price range of $49 to $129 per month, you’re going to want to know how it will benefit you.
~ EasyAzon–This WordPress plugin allows you to get commissions from all Amazon online stores, not just Amazon.com, and it also helps you create affiliate links easier. The cost is a one time fee of $47.
~ JungleScout–This is an Amazon product research tool that analyzes and filters data in order to help you manage your product selection.
The cost runs from $39 to $99 per month, but you’re not going to get the kind of training you’ll need to utilize it without experience.
~ Quuu–This site will share your content with others who have signed up. Prices range from $40 to $500 per month, and you will not get targeted traffic. Here’s what they say about this program in the Cash Formula materials:
If you sign up for the programs they tell you to use with the most inexpensive packages, you will be paying $131.95 per month plus the $47 one time fee.
That will give you 1 WordPress website and Amazon tools that you’re not going to know what to do with.
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Now let’s get into the information you get with Cash Formula! It consists of a series of videos, 4 PDF guides, and a theme download. The videos are step by step to set up your website with the downloaded theme, but are general and slow and nearly a year old.
The 4 guides are general, contain much of the same information in each, and don’t have enough information for a beginner to take action and make money. Here are the 4 that you get:
Not only is all the information in these guides available online for free, but some of it is extremely outdated. For instance, in the Cash Formula Guide there is a chapter called “Embedding an Amazon aStore into a Facebook Page”.
Here’s the problem, Amazon discontinued the aStore program back in 2017!
The fact is that if you buy Cash Formula, you’re not buying a program that will meet any of the claims made in the sales video. You won’t be working just 30 minutes a day to make profits, and you won’t be making $5,000 a day!
The Upsells
There were 2 basic upsells with Cash Formula, and I didn’t buy either of them. The sales pitches were as uninformative as the first video, and I saw no value after buying a system that was already supposed to make me a millionaire! They are:
- Gold Package Upgrade, selling for $197–Of course, there was no information other than more paid testimonials and huge income claims.
- Gold Package Upgrade 50% Off
- Platinum Package Upgrade, selling for $297–You’re supposed to get unknown traffic methods that are being offered to only 7 people as it will hurt his profitability if more people know about it! It’s a no brainer to pass on all of these.
Red Flags and Concerns
Let’s do a recap of all the red flags and concerns that I have with Cash Formula:
~ Ridiculous Income Claims–It’s obvious that Cash Formula is being marketed to those who are inexperienced or naive because the income claims are pretty outrageous.
No one with any experience would believe that you can make thousands of dollars working 30 minutes a day starting from the first day!
~ Scammy Marketing–Developed by Ukrainian coders, eCom gurus are deathly afraid of this system, it’s too risky to draw attention to this system, and so many more examples of scam type marketing tactics.
~ Paid Testimonials–No legitimate program needs to hire spokespeople from Fiverr to say that they’ve made thousands with the program. In my opinion, it’s a deception, and it’s designed to convince newbies that the outrageous claims must be true.
~ No Done-For-You Site–With Cash Formula you are supposed to get a fully functional website with all the work done for you. None of the work is done for you, and you are starting totally from scratch to build a business with only general guidelines.
~ Working 30 Minutes a Day–You will never create a successful business working 30 minutes a day. It takes time and hard work, no matter what online business you’re starting. If anyone tells you differently, it’s a red flag!
~ Very Poor System Materials–There’s absolutely no reason to buy Cash Formula when you can get the information online for free. Amazon has extensive information available to ensure that you have everything you need to make money with them.
~ Undisclosed Costs–There are expenses when starting an online business, although they are much lower than almost any other business.
But when you buy a system for $37 that promises you a complete, done-for-you site, you don’t expect to be paying over $130 a month for the minimum requirements just to start up.
~ Affiliate Links–Michael Green says in the sales video that he doesn’t need your money and just has a big heart! However, the amount of affiliate links from the sites you are advised to sign up for will amount to very good monthly commissions! Nowhere do they disclose that these are affiliate links.
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Build Your Early Retirement Rating
Here at Build Your Early Retirement, we give Cash Formula our lowest rating of 1 out of 5. Is it a scam? There is absolutely nothing in this program that supports the claims that they make, so I feel it’s fair to categorize this program as a scam–which is something I rarely do!
Do you want the real scoop about how to make money online? Are you looking for a legitimate program that tells you the truth about the time and effort you need to put in and the results you can achieve? Then you need to look at my #1 rated program.
You can check out a video here that reviews my #1 recommendation:
Not only will you be able to see all the features they offer, but you’ll be able to create a totally free website, get real training, and have access to a wonderful community of online entrepreneurs–all with no credit card required!
I host all 6 of my websites with this program, and you’re welcome to read my full review to see everything they offer. Once you see this legitimate program, you’ll see just how different they are from all the scams and poor quality systems there are out there!
Have you experienced Cash Formula or any other make-money-online program that you’d like to share with us? We’d love to hear about them or answer any questions you may have in the comments below!
Hello Janelle, thank you so much for saving my time and money. This program was recommended in one of the Facebook Group I’ve joined. I don’t feel right to join the program, thus searching for some online reviews. Do you know some tricks to spot online scam like this one? Or is it just safer to always find several reviews first? Thanks
You can find out a lot of tips to spot scams in my blog post Make Money Online Fast–Beware Of The Scams! It’s also a great idea to read reviews from sites that can provide thorough, reliable reviews.
Good luck and thank you for taking the time to share your thoughts!
Hello Janelle. Thank you for taking your time to expose another scam platform. The claims made by Cash Formula are just too terrific. Once I see a scam, I know and for sure you’ve got my support that Cash Formula is a Pure Scam. They have fakes testimonials from persons they hired. A real system won’t do that. We have seen several like this before and it will not be the last. Stock images…. This is just not good. Please keep exposing them and God bless you ma’am.
I’m so glad you found it helpful, and thank you for taking the time to share your thoughts!
Hi… This is the worst piece of crap I have ever seen all my life and years in search of Ways to make money online. From what I know, there are no secret ways to make money online, as a newbie, one cannot make such an amount of money in just one day (as a matter of fact, some pros do not make up to that amount of money a day!)… Everything about this system is lie A – Z!
You are exactly right, there are no secret ways to make money online–it takes time, commitment, and work. Unfortunately, newbies and those who are naive about online opportunities are the ones that programs like this target.
Thank you for taking the time to read my review!
Hello Janelle, from the start could see the very much unrealistic claim of making such a huge amount of money in a day and I was already eager to see its a scam business which is just as I expected it to be. One of these scam businesses comes with some really nice idea which would make anyone believe in it, and there I see the need to read reviews and make your personal research before going into any business. Thank you.
It’s so easy for someone to fall for the sales videos of programs like this, especially for those who are inexperienced with making money online. Reading reviews and finding out enough information to make a good buying decision is a very smart thing to do!
I had recently heard about Cash Formula but knew nothing about it. I am skeptical of get rich programs. You have confirmed this for me. I appreciated the review of the promotional videos. I also found that the information you are supposed to purchae along with the program itself very interesting. I don’t know that I would have registered for this program, but you have certainly helped me to make up mind. Thanks for your thorough, detail review of Cash Formula.
You’re so welcome!
Hi Janelle. I have seen a lot of people who have been trying to scam a lot of people lately and most of these happen on the freelance websites, people who are desperate to find a job will only be losing their hard earned money instead of making more.
Thank you for such an awesome post. I hope that many of the freelancers are aware enough so that they do not become a victim of such scams themselves.
I hope you have a good day.
Hopefully they’ll read reviews and get a perspective from those who are experienced affiliate marketers to make a better buying decision. Have a good day as well, and thanks for stopping by!
Thankfully I came across this review before I tool the decision to invest my money into this scamming program. I was introduced to it some days back and I decided to have a little research before I make my buying decision. I hate all these false claims programs. How on earth would anyone be making immediate profit in less than 24hours. Not to talk of the upsells that I hate so much. Also, the fake testimonial. Great review
Thank you, and I’m so glad you found the information helpful!
I don’t even know why I’m surprised at that claim of earn $5,000 per day. A lot of other questionable MMO products usually claim you can earn less than that, but $5,000 per day is just extremely unrealistic for a newbie to accomplish or even for the most experienced affiliate marketers.
Unrealistic claims like this are usually the first red flag that pops out with programs like this. Unfortunately, there are many people who believe that it’s possible and are willing to spend the money to make it happen.
Hopefully they’ll read reviews and get another perspective before buying!
I wish I had come across your site a few years back, such a robust site showing us the fraud and fake but also giving us new insight where we can turn anyone who would think that you get $5000 without selling your soul is a bit lost they might have more chance at the casino. I loved the blog on how to avoid a scam as well with quotes like this excellent work here. “Striving for success without hard work is like trying to harvest where you haven’t planted.” – David Bly
Many Blessings
That is one of my favorite quotes, and couldn’t be more true when trying to make money online! So many people don’t understand that you have to build an online business with a lot of effort and give it time to become profitable.
For those who do, there is the potential to make the money they’re hoping to!
I am and will always be, truly grateful for articles like this! Saving people left and right from the ridiculous, predatory pop-up “cash machines.” Is Cash Formula a Scam? Heck yes, even the name screams scam if you are seasoned on what to look out for but, the truth is it takes a village to keep us all safe online.
Janelle, I applaud your in-depth research. Although, I don’t think there is anything funny about scammers, I do have a fondness for businesses like yours that can spot and call-out the hired fake testimonial givers as well as the fake owner & CEO stock pictures!
Thank you for the candid look at another so-called cash formula we all should steer clear of while we remain completely informed!
You are welcome–thank you for taking the time to read my review and share your thoughts!
You are like an internet Sleuth! I love that you uncovered the fake testimonial people and that Michael Green’s picture is just a stock photo. The people that end up buying into these types of get-rich-quick scams are often the type of people who don’t know how or don’t even think about checking around for evidence like you did. It’s really great that people like you take the time to uncover the secrets behind stuff like this.
I think that you are doing a great service to anyone who’s looking around for a way to make some extra cash and might have otherwise found themselves caught up in the Cash Formula spider web. Because it’s clear that at the end of the day, the only one who’s going to make a profit from this program is Michael Green himself if that’s even his real name.
An internet Sleuth–I like that, lol! I’m a huge promoter of starting an online business because there are so many benefits to it. But I also want to be sure that I’m educating people on the different scams and poor programs out there so they don’t fall victim to them and lose money. I was one who did exactly that years ago, so I want to do anything I can to help people make good decisions!
Thank you for the review of cash formula. I am so glad that people like you are out writing posts about these scams. People need to be informed when these types of scams come around so we do not wast our hard earned money on websites that offer the moon but do not have the training or even come close to getting you on the right track to making what they claim. Thank you again keep up the good work.
You’re welcome, and I’m glad you found the review helpful!
There really is a lot of ” BAD” programs out there. Thank you for sharing this review about Cash Formula . It really should be a must read for anyone considering buying this program. I would hope people will at least do some research before paying for a program such as Cash Formula and others like it. The facts you have shared are awesome!
Thank you so much, and I do hope people research before buying this program!
Making $5000 a day would sound convincing for a desperate person looking for means to make quick money but for a sceptical person like me, it’s too good to be true. This is certainly not something that I would want to give a try after reading your review. I’m not really a fan of programs with upsells and that alone is enough for me to ignore it. Sometimes, I wonder why people would create programs like this to rob people of their hard-earned money.
However, taking a look at your guide will be my next option and I guess I’ve nothing to lose since it’s free.
My guide will show you the steps I took to start making money online and the program where I learned everything and host all of my sites. Good luck, and let me know if there’s anything I can help you with!
This is the 3rd time already that I have heard about this program in the bad way, how come the program is still existed? It is clearly that someone using his name on someone’s face has no credibility. His platform is so so, you can pay the same money for many good platform out there. Hopefully this Cash Formula will shut down soon. In my opinion, these programs will not existed if we do our research before buying the bad program (scams). I wish easy money is real but in reality it is not, it is just the same analogy as you cannot build Rome in one day.
You’re exactly right! There is no easy money online and building a successful online business takes hard work and time. Research is the key to staying away from bad programs.
And yet another scam program. Im guessing there are thousands of them out there and Im grateful for all the reviews out there. The only way we are going to have a chance at getting rid of these scammers is by educating people and getting people to read these reviews.I think all of us need to do these reviews and get the scammers out of here and continue to promote only programs that are on top of the world.Thank you for taking the time to do the research and expose yet another scam.Dale
You’re welcome, and thank you for taking the time to read my review!
I most certainly won’t believe that I could make $5000 a day working for just 30 minutes. The scam formula is just another shady program leveraging on people’s misinformation and desperation to frisk them of their money. I do wonder how these people sleep at night after offering false hope and taking the little they have.
Thanks for this review, I hope people research before registering
Warm regards
Targeting naive and desperate people is the key to why this kind of scammy marketing works. Hopefully more people will do research to avoid scams and find legitimate programs!
HI Janelle, and thanks for highlighting yet another dodgy get rich quick program that is on the internet these days. I gues they make all of thier money by conning people into purchasing thier product, and for $37 not many people are going to complain too loudly when they are ripped off.
I guess it is the old adage that you get what you pay for and noone is going to give you anything for nothing. The online business can be extremely lucrative but nothing comes without hard work.
Thanks for the post
Paul
You’re exactly right! An online business takes hard work, time, and commitment, and there are no shortcuts or get-rich-quick schemes that are going to work.