BehindMLM first reviewed Financial savings Freeway again in 2012. We discovered a “membership” MLM firm promoting entry to reductions.
With nothing marketed or offered to retail prospects, we categorised Financial savings Freeway as a matrix-based pyramid scheme.
By 2016 Financial savings Freeway had lengthy since collapsed. This prompted proprietor Steve Gresham (proper) to reboot as My 1 Greenback Enterprise.
Similar enterprise mannequin (entry to reductions and pyramid recruitment), solely now membership began at $1 a month.
When My 1 Greenback Enterprise ran its course, Gresham rebooted once more as My 20 Greenback Journey Enterprise (~2019).
This time round the one financial savings have been travel-based. Entry membership was nonetheless $1 however was locked off from the journey reductions. Entry to these reductions value $20 or $100 a month.
Commissions have been nonetheless tied to recruitment, making My 20 Greenback Journey Enterprise one other pyramid scheme.
Each My 1 Greenback Enterprise and My 20 Greenback Journey Enterprise ran from the area “my1dollarbusiness.com”.
Right this moment that area redirects to “savingshighwayglobal.com”, the third reboot of the unique Financial savings Freeway pyramid scheme.
Steve Gresham remains to be working the present. In line with his FaceBook profile, Gresham is predicated out of Georgia within the US.
Financial savings Freeway International’s web site area was registered in September 2020, which implies My 20 Greenback Journey Enterprise was notably short-lived.
As of December 2023, SimilarWeb tracked ~141,000 month-to-month visits to Financial savings Freeway International’s web site. The overwhelming majority of these visits originated from the US (94%).
Learn on for a full overview of Financial savings Freeway International’s MLM alternative.
Financial savings Freeway International’s Merchandise
Financial savings Freeway International has no retailable services or products.
Associates are solely capable of market Financial savings Freeway International affiliate membership itself.
Financial savings Freeway International affiliate membership supplies entry to third-party vendor reductions and “advantages”.
Financial savings Freeway International’s Compensation Plan
Financial savings Freeway International associates pay membership charges.
- Gold – $20 a month or $240 yearly
- Platinum – $100 a month or $997 yearly
- Titanium – $199 a month or $1997 yearly
Commissions are paid when recruited associates do the identical.
Financial savings Freeway International Affiliate Ranks
There are eleven affiliate ranks inside Financial savings Freeway International’s compensation plan.
Together with their respective qualification standards, they’re as follows:
- Affiliate – enroll as a Financial savings Freeway International affiliate and keep updated with charges
- Guide – recruit two associates
- Supervisor – recruit three associates
- Director – recruit 5 associates
- Government – recruit ten associates
- Government Coach – recruit twelve associates and have a complete downline of at the very least 5 hundred associates
- Senior Government – recruit fifteen associates and have a complete downline of at the very least one thousand associates
- Vice President – recruit twenty associates and have a complete downline of at depart two thousand 5 hundred associates
- Senior Vice President – recruit twenty-five associates and have a complete downline of at the very least 5 thousand associates
- Ambassador – recruit thirty associates and have a complete downline of at the very least ten thousand associates
- Crowne Ambassador – recruit thirty-five associates and have a complete downline of at the very least twenty-five thousand associates
Be aware that recruited associates should be updated with membership charges to rely in direction of rank qualification.
Additionally notice that for Ambassador and Crowne Ambassador, not more than 50% of required downline associates can come from anybody recruitment leg
Preliminary Recruitment Commissions
Financial savings Freeway International pays recruitment commissions by way of a unilevel compensation construction.
A unilevel compensation construction locations an affiliate on the prime of a unilevel group, with each personally recruited affiliate positioned immediately underneath them (degree 1):
If any degree 1 associates recruit new associates, they’re positioned on degree 2 of the unique affiliate’s unilevel group.
If any degree 2 associates recruit new associates, they’re positioned on degree 3 and so forth and so forth down a theoretical infinite variety of ranges.
Financial savings Freeway International caps payable unilevel group ranges at ten, primarily based on rank:
- Consultants earn on two unilevel group ranges
- Managers earn on three unilevel group ranges
- Administrators earn on 5 unilevel group ranges
- Executives earn on all ten unilevel group ranges
Accounting for these degree restrictions, recruitment commissions are paid out primarily based on how a lot a recruited affiliate spends.
- recruitment of a Gold tier affiliate pays $10 on degree 1 (personally recruited associates), $2 on degree 2 and $1 on ranges 3 to 10
- recruitment of a Platinum tier affiliate pays $50 on degree 1, $10 on degree 2 and $5 on ranges 3 to 10
- recruitment of a Titanium tier affiliate pays $100 on degree 1, $20 on degree 2 and $10 on ranges 3 to 10
Month-to-month Recruitment Commissions
Financial savings Freeway International associates earn 20% of month-to-month membership charges paid by personally recruited associates.
Not that residual recruitment commissions are paid from the second month of membership.
Residual Month-to-month Recruitment Commissions
Financial savings Freeway International pays month-to-month residual recruitment commissions by way of a 3×12 matrix.
A 3×12 matrix locations an affiliate on the prime of a matrix, with three positions immediately underneath them:
These three positions type the primary degree of the matrix. The second degree of the matrix is generated by splitting these first three positions into one other three positions every (9 positions).
ranges three to 12 of the matrix are generated in the identical method, with every new degree of the matrix housing thrice as many positions because the earlier degree.
Positions within the matrix are stuffed by way of direct and oblique recruitment of Financial savings Freeway International associates.
Residual month-to-month recruitment commissions are paid as 5% of membership charges paid by associates recruited into the matrix.
- Consultants and Managers earn on as much as ten matrix ranges
- Administrators earn on as much as eleven matrix ranges
- Executives and better earn on all twelve obtainable matrix ranges
Be aware that residual month-to-month recruitment commissions are paid from the second month of membership.
Residual Month-to-month Recruitment Fee Match
Financial savings Freeway International pays a match on residual month-to-month recruitment commissions earned by personally recruited associates.
- Administrators earn a 5% match
- Executives and better earn a ten% match
Life-style Bonus
Government Coach and better ranked Financial savings Freeway International associates obtain a month-to-month Life-style Bonus:
- Government Trainers obtain $200 a month
- Senior Executives obtain $500 a month
- Vice Presidents obtain $1000 a month
- Senior Vice Presidents obtain $2000 a month
- Ambassadors obtain a Breitling watch upon preliminary qualification after which $5000 a month
- Crowne Ambassadors obtain $10,000 a month
Kickback Commissions
Financial savings Freeway International shares commissions earned from third-party distributors.
These commissions are generated when associates work together with distributors and make a purchase order.
Past paying out an undisclosed proportion of kickback commissions by way of the ten-level unilevel group, no additional particular are offered.
Becoming a member of Financial savings Freeway International
Financial savings Freeway International affiliate membership is both billed month-to-month or yearly.
- Gold – $20 a month or $240 yearly
- Platinum – $100 a month or $997 yearly
- Titanium – $199 a month or $1997 yearly
Financial savings Freeway International Conclusion
After the failed “My $x enterprise” reboots, Financial savings Freeway International is a return to the unique Financial savings Freeway.
The first variations are the ranks, rank bonuses and residual preliminary recruitment commissions. Aside from that Financial savings Freeway International is identical pyramid scheme with the identical regulatory compliance issues.
The FTC has made it clear that MLM firms not promoting services to retail prospects are working as pyramid schemes.
Along with having no retail prospects, Financial savings Freeway International makes it clear its membership tiers are “pay to play”.
“Pay to play” is one other indicator of an MLM pyramid scheme.
Financial savings Freeway’s “no refunds” refund coverage might also be an extra violation of the FTC Act:
Refunds will not be provided for consecutive memberships beginning in month two and ongoing. There are not any refunds for Annual Memberships.
As with all MLM pyramid schemes, as soon as affiliate recruitment dries up so too will commissions.
It will see newly recruited Financial savings Freeway International associates cease paying month-to-month charges. This in flip means these above them cease getting paid.
As soon as sufficient associates cease paying month-to-month charges, an irreversible collapse is triggered.
This has occurred thrice now, with every reboot casting apart victims of the earlier pyramid scheme.
Math ensures that when a pyramid scheme collapses, nearly all of contributors lose cash.