The Secret Money System is Michael Cheney’s training course for generating sales online. If you are looking for more information, you have come to the right spot. I will give you the facts I discovered researching the Secret Money System, so you will be more informed.
This method can be used from scratch, and it is the same method Michael Cheney says he used himself to make multiple millions of dollars. He claims it doesn’t require buying traffic, extensive training, or extra software. And it is a never before seen system that you just activate and go. Michael says, “Anyone can do it and you don’t need any special skills. Let’s find out.
- Name – The Secret Money System
- Website – https://secretmoneysystem.net/
- Price – $9.95 Plus upsells,
- Owners – Michael Cheney
- Quality – Fair
- Overall Rank – 5/10
- Refunds – 30 Day Refund
- Verdict – Legit, But Not My #1 Recommendation
The Secret Money System Overview
The Secret Money System has a bit of a familiar ring to it as I look over the Ad. At $9.95 it was already beginning to unfurl my red flag instincts. This is unfortunately labeled with a very cheap price tag, also known as a teaser rate or “Clickbait” to get you to click the link.
The Secret Money System Has Upsells
As soon as you click the checkout button for $9.95 you get hit with upsells.
Each upsell is better that the last and they are all claim to be absolutely necessary to have. Or they will increase the money you will make using them in addition to this system. That is the real trick they are using to make money. All the upsells are products they have created and are add on products that are just gimmicks to get you to spend more money. Sure, they may help to increase earnings, but you need to make some money first.The Secret Money system was created by Michael Cheney. He has a string of products he has sold online, and over the years they have made him a millionaire. He has quite a few testimonials of people who claim to have made money using this system, and claiming they did nothing and made money. That statement could be true, and I will tell you why a little later.
The Proof Of Earnings
Michael claims it makes him a lot of money. But, you can’t tell much from these simple tags, that look like they have been printed up!
$870.05 Per Day
I wonder why it is making him exactly $870.05 per day? That’s $26,101.50 every 30 days! And 313,218,000 a year! Why would anyone want to sell such a profitable system? I would say it’s hard to believe!
Testimonials of people who have made hundreds of dollars from Michael’s System. All of them are claiming they did nothing.
How The Secret Money System Works
The Secret Money System includes 3 steps:
Sounds pretty simple, right? Well, I have been doing this since 2015, and I know that there is no system available that is as easy as this. And I can tell you right now, if something as easy as this was available, who in there right mind would sell it for $9.95? Nobody!
Well, Michael isn’t actually giving his secret away in his $9.95 version, he is really just giving an over summary of the entire process of online marketing. He shows you a few different ways to do it, and explains what kind of mindset it takes to be successful.
In his $9.95 basic program, Michael makes his money from the upsells. Nobody likes upsells, but the people who buy them, pay the bills for the affiliates and the creator.
The Money System Upsells.
Each upsell claims to make you more money.
- The Big Money Accelerator – $97 – Video Training from 20 years of Michael Cheney’s experience in Internet Marketing.
- Colossal Commissions – $67 – Michael Cheney’s Commission making secrets
- Reseller Rights – $97 – Rights to the Secret Money System funnel, and 100% commissions.
If everything is supposed to be included for $9.95, why all the additional extras? Because $9.95 isn’t going to pay the bills. As I said, these upsells are the money makers! Both for the creator and for the affiliate marketers, who resell the product.
Affiliate Marketers Must Join
But, to be an affiliate marketer of the Secret Money System, you are obligated to purchase the Reseller Rights program, before you can qualify for commissions.
In his seminar , he offered the 10k per month Accelerator program to a limited amount of people who signed up that day. He claims he gave his profits to those people who signed up and they could make profits in as little as a few hours from his program. So, it’s my guess that the people who say they did nothing, are getting the money that Michael is sharing with them.
A Peek At The Upsells
The first upsell you get as soon as you click the buy button.
Since I want to just look over the $9.95 offer, I passed on the first upsell, and was immediately hit with the second upsell!
Again, I declined this offer as well and continued on. And again, another upsell.
And I declined this offer as well. I wanted to review the basic $9.95 offer without all the upsell distractions. And finally, after 3 upsells, I get to the training! If it is so good, why all the upsells?
3 Step By Step Training Videos
- A Free Bonus Training – The Easiest Way To Make Money Ever Invented – This is an hour long sales pitch video for the real Secret Money System. Michael has a recorded seminar he calls “live,” that you are invited to the day after you buy this $9.95 program. His Secret Money Making System 10k a week Accelerator. It’s a repeat of this same video, with a link you can click on to join.
- Live training sessions – I wonder how many of these are recorded as well
- The Main System- 3 videos of about 45mins to 1 hour long.
Building An Email List
This training is a bit of an overview of having your own business and detailing an email list and landing page to sell your products. The whole training here is a simplified overview of Michael’s methods to sell products and get traffic to your landing page.
Yes, it is a description on how to do it, but it is to simplified, and not enough details to get it right. You will need some more training to get your business to the next level. That means you will be buying upsells, and you will have plenty of products hitting your email box.
And all this training seems to be just a precursor to the upsells, and a warm up for the big ticket, the 10k a week Accelerator.
As I said, It is possible, some really smart person, with a strong passion and drive, could take this information, and start his own business. But, it leaves a lot you have to learn on your own.
Michael Cheney’s 10K A Week Accelerator
The many testimonials that are claiming to be actually making money from the program by doing nothing? The twist is that Michael offered a version of his Secrete Money System in a live Seminar on January 25, ONE time only. He called it the 10K a week accelerator. Michael closed the doors after the seminar was over, claiming the ones who signed up were the last ones.
But the seminar date changes every day , and a new one is offered again. So much for ONE Time only?
I attended the seminar, but I did not join the 10K Accelerator. One reason was there were no refunds. And Michael never said how much it would cost to join the program. I have tried similar programs that did not offer refunds, and paid a lot of money for them. It turned out, the programs fell short of the promises, and I did not even come close to making any money.
Related: Is The Kibo Code A Scam
Paying Back $5,000 or $10,000 Is Tough With No Refunds
So, I can sleep well tonight, knowing I am not committed to a program that likely costs thousands of dollars. It made a lot of promises, and Michael claimed everything was done for you. The idea sounds good. However, it sounded like you are selling Michaels products with all the emails for marketing, and landing pages, and websites created for you. But, if you don’t like what you are doing, too bad, you are stuck for whatever the price would be. And, when they don’t tell you the cost, it’s expensive!!
I don’t like websites that are already created, because that usually means you don’t have any control over the functionality of the sites. And if it is all Michael’s products, everybody is competing against each other. It sounds like you are buying a job, but if it does make $10,000 per month in 90 days, it could be well worth it.
I want control of my own site and nobody can take that away from me. If you get shut out of the 10k program, your business is done, period. That is the chance you take buying into someone’s program.
- Cheap @$9.95
- Good Business Ideas
- Experienced Creator
- Mostly A Sales Pitch
- Has Upsells
- Sketchy Details
The Secret Money System Is LegitBut Not Recommended
The Secret Money System is just one big sales pitch. Everything in marketing that Michael talks about is hard to do yourself, but easy with his Secret Money System. The real system that Michael is selling is his 10k a week accelerator. And it really is a secret! He won’t tell you how much it cost, and tells you, there are no refunds. He does tell you that he does everything for you, the hard work is done. But, you will still have to put in some effort for your business to succeed.
The testimonials claim they did nothing to get their money, but you have to at least buy the program, and if it is the 10k Accelerator, you have to do some paperwork and then get accepted into the program. Apparently there are some qualifications that must be met.
To join the 10k Accelerator, you must apply and fill out a form. Then, you book an appointment by phone call. And they will call you. I have had phone calls from other offers before, and it works like this. They are professional sales people who call you, and they are trained to get your money into their pockets. They are very good at what they do.
10K Accelerator – NO Refunds
Anytime I hear “No Refunds” it is an automatic red flag for me. I have lost too much money to “No Refund” sales pitches. If they don’t stand behind their product, what’s going to happen when you need help. A lot of programs promise support, but when you pay for the program, the support is email and sometimes takes a week for a response.
For the best support I have ever experienced, try my #1 Recommendation. The tech support team usually gets back to you within minutes, even on the weekends, 24/7. You also have live chat to answer any questions. And it’s free to check them out.
Thanks for reading my review. If you have any questions or comments, please leave them below.
I am Chas, creator and founder of Help For Scams And Frauds. I started affiliate marketing and earning money online in 2015. And I can tell you, anyone can do this. But, in order to build a business the right way you must have the right training and avoid the get rich quick schemes.