Today I will tell you the truth for the question, “Is The Free Money System a Scam or Legit?” This is a famous system by Walter Green that promises you to become a millionaire in the next 90 days if you buy and follow their teachings. I claim that he is just lying.
The Free Money System Review
Name: The Free Money System
Founders: Walter Green
Price: $200 – $10,000+
Field: Make Money Online -Programs
Overall Rank: 0 out of 100 (Check Out My #1 Recommendation. 98 out of 100)
What Is The Free Money System?
Maybe you remember our reviews about Financial Independence Academy or Copy My Commissions? Those were the websites that only purpose is to promote you the free money system by Walter Green. This system was also before called Millionaire Blueprint.
First, they give big promises how you will become a millionaire in 90 days. Then they show pictures of big mansions, sports cars, and luxury yachts. “You can achieve all that by working 1-2 hours per day for 90 days.” I don’t use bad words, but in this context, I almost would like to use. That kind of false promises just pisses me off.
Walter says that Free Money System is a binary trading system that has already made more than 150 millionaires and they have made in total hundreds of millions of dollars. He also tells that he was before broke but after he started using this system, he became a millionaire.
What Are Binary Options?
Binary options are one form of gambling. It’s not investing like some “binary option gurus” want to say. Gurus just say it because people want their system to look a bit better so people would buy it more easily.
In binary options, you basically make a bet about the value of the stock (or another asset). If you are wrong, you lose. If you are right, you win. Everything happens within a day so binary options are not long-term investing.
World’s most successful investor and #2 richest man in the world, Warren Buffet once said, “Don’t buy a stock if you are not planning to hold it for ten years.” That’s only a principle and doesn’t always need to be taken literally but it tells a good point: The world’s most successful investor says that long-term investing is more profitable than short-term investing. Many millionaires and successful investors don’t consider day trading as a serious form of investing. They consider it only as gambling.
Easy Money on Binary Options?
Some years ago there was a big boom of binary option programs. All of them promised to teach you the same thing: How to make big money with binary options in a short period of time. Do you know what?
I have never seen a binary option program that would be legit.
Those programs had incredible success stories how a stay-at-home mom made $876 per day or something similar. That intrigued many people to try them but people just lost their money instead of winning. Ah, but there were some people who made big money with these systems. They were the guys who had created these scams. They made money while innocent people invested in their programs.
Walter Green’s Free Money System has been around also for a few years already. Many reliable websites and business owners have unequivocally claimed that his system is clearly a scam. You can find tens or even hundreds of negative reviews about his program.
Always when some system tells that you could make easy money without putting any efforts, be aware. 95% of the time they are scams. I know that you can make $10,000 per month online because my friends are doing that right now. I am also on my way there because I am building my online business daily. But I never promise that it would happen without any work.
You can make millions of dollars of euros online but it will always require some sort of efforts. Usually, you will need to learn a few skills in the process and then use endless hours implementing those skills into action. Another option is, of course, to outsource everything but it requires lots of money and initial investments. And outsourcing will be risky if you don’t know what you are doing. First, I would recommend learning the skills to make a living online and then start outsourcing to make income automatic.
Is The Free Money System Free?
No, it’s not. On some websites where they are promoting the Free Money System, there may be a link “Try it for free for 90 days!” or something similar. I don’t understand how do they dare to say it because it’s not possible to try it for free.
Free Money System has 5 different pricing levels and the cheapest one is $200. Then their “most recommended for beginners” -package costs a few thousand dollars and the most expensive packages cost +$10,000. That’s insane. Think about the following:
An average Joe works for a year, saves some money and in the end, he has $12,000 in his bank account. Then he is desperate to escape the rat race quickly. He finds the Free Money System by Walter Green. He watches the impressive sales video where Walter explains how Joe can become a millionaire in the next 90 days.
Joe thinks that it’s much wiser to use this system and become a millionaire in 90 days than to work for 40 years. After buying Walter’s system he realizes that he just got scammed. Savings for a year are gone and he needs to start all over again. At least he has learned that he will never invest $10,000 (or even less) into a system that he doesn’t know beforehand.
If you would like to escape the rat race and to work freely whenever you want, I recommend heading to Wealthy Affiliate. They have a step by step system that teaches how you can create your own online business even without prior knowledge. And you don’t need to use your savings because it’s 100% free to use if you don’t want to invest any money. Try it if you don’t believe me!
Pros & Cons
Pros:
- Funny acting in their sales video
- Famous scam (not so easy to fall anymore)
Cons:
- False promises
- Expensive
- Does not provide value
- Lots of negative reviews about the system on the Internet
- Creates a hope of “push button riches”
Conclusion – Is The Free Money System a Scam or Legit?
Free Money System is a scam. I don’t know what has happened to their website because it seems that it always leads to “404 error” -page when I try to get into their page. Maybe police and authorities have finally taken it away from the Internet so people won’t fall anymore into Walter’s scam system.
As I mentioned before, you are able to make money online if you are willing to put efforts. I am making more and more money online every month. It has not happened easily but it really works. I can give you 10 interactive video lessons and 2 free websites so you can get started. I will also offer my 1-on-1 mentoring so I’ll share all my tips what I have learned over the years.
=> Put Your Credit Card Away! Start Making Money Online for FREE!
Have you tried the Free Money System or another program from binary options? What kind of experiences did you have?
Kudos Roopa!
That’s Kudos for uncovering another scam! sadly a lot of people are seduced by such scams either by a lack of knowledge (not know it is a scam) or by sheer desperation and a legitimate need to earn extra money (not millions per year (or day!) just extra income to pay the bills.
Such scams are so despicable praying on people and their need for a little extra money!
Hi Derek,
I agree with you.
A better option than running into scams would be to start building an online business in Wealthy Affiliate. It takes time and effort to make big money online but it’s worth it. Earning passive income online gives a great feeling because you know that whatever you would be doing, you will earn. Whether you sleeping, talking with your loved ones, laying on the beach etc.
But the interesting thing in the online business is that you first need to do the work. Then you’ll get paid. Some people want it vice versa but unfortunately it’s not possible that way 😉
-Roope
Hello,
You are doing a good job by exposing Internet scams so that people won’t fall into them anymore! The Truth is that this kind of scam always preys on people’s desire to be rich quickly without making any efforts in it. You’re right, all the images of luxury will impress but for how long? Fortunately there are many bad reviews on the Internet now so hopefully they will close the website! Peace!
Hi Angelce,
yeah, maybe they have already closed the website. At least I hope so. I do my job to reveal these scams so that people wouldn’t waste their money on those dishonest guys. After all, everyone will make their own decision what do they do with their money. I give my best advice and that’s what I can do 🙂
-Roope