MyMoneyFish is a home-based business option which newly began on February 3, 2010. I wanted to provide you with my truthful review of the business, if you are investigating joining, in order that you may make a clued-up decision. I will divide my review down into 3 sections: Products, Cost and Compensation, Summary.

THE PRODUCTS: With My Money Fish, you have access to more than 3,000 advertising productivity tools - software and e-books - in your back office. All of the products are digital and could be downloaded to your computer. Moreover, a good aspect is that all these products come with Master Resell Rights which can provide you with an additional income stream. Some of the products incorporate an Autoresponder, website creation software, splash page software, several educational e-books, and more. While there are many programs that provide junk digital downloads, I think that MyMoneyFish separates themselves and actually provides value probably because of the volume provided. Numerous products are really good.

RATE & COMPENSATION: This is where MyMoneyFish separates themselves from several other identical home based business opportunities on the net. The cost is just $9.95 per month...extremely cheap. Generally these kinds of programs, in my opinion, are not worth the effort as I believe that you get what you pay for. The matrix makes this program special and more profitable than the others if you work the business. It's a 10×4 matrix. You have to employ 10 individuals into your team in order to be entitled to earn commissions. Once you do, you are eligible for life. Anyone you recruit more than the required 10 will spill down to assist fill up the matrices of your team. I never advise that anyone rely on spillover, but it is a very real possibility. The matrix is merely 4 levels deep which, in my book, allows you to have greater control of your income. Your commissions are residual at $2 for every person in your matrix, whether they are on your first level or your fourth level. This does not sound like large number but it really can add up quickly!

SUMMARY: The program is reasonably priced hence it has mass-appeal. In my point of view, it is worth the low-cost and can either be used as a secondary program to promote to your prospects who are on a budget or as a primary program to provide you with a residual income that could raise over time. You will need to promote yourself and your site in order to build your team. As long as you do this, MyMoneyFish could be a money making business for you. As with any residual income program, you cannot really stop marketing as individuals will leave the business. Work with your team personally to limit your attrition rate.

Therefore, to conclude, I believe that MyMoneyFish is not a scam but a legal home-based business that I know is paying out commissions on-time. The products are beneficial and can be resold for added income. The site is clean and simple to navigate, there are plenty of promotional tools and advertising ideas in the back office. The matrix is very easy and potentially productive. Just remember that advertising your business is always the key to success in network marketing, regardless of what business you are in.