$5K Formula System Review Uncovers?04 REASONS NOT TO ENGAGE Your Valuable Resources – Time & Money?

$5K Formula System Review Scam


This $5K Formula System Review has uncovered 04 reasons not to engage both your resources and time into the system if you really wish to make money online that will last long. Is The $5k Formula System A Scam?



Name Description
Product Price $39.99+UPSELLS
Product Owner Matthew Neers
Best For Those Interested In DFY Systems
Overall Score 3.5/10






Video Update:

I came across a piece of crucial evidence that this program is a scam only after publishing the above video:

To go straight to the point:











for 04 major reasons which have been discussed in great details in my complete review, hence the reason for my below average rating.

Continue reading to discover the reasons behind my rating.















1.1PROS Of The $5K Formula System✌


1✌ 30-Day Money Back Guarantee✌

While the majority of products on Clickbank offer a 60-day money back guarantee, The $5K Formula System grants only 30. I guess it’s sufficient to have a look around and decide whether it can meet your needs.


2✌ Matthew Neer Is A Real Person✌

Unlike the majority of other Clickbank products, where the real owners hide behind spokespersons and voice artists, Matthew Neer, the owner of the $5K Formula System, is proud to present himself as he really is.

This is absolutely reassuring.


3✌ Package Is Far Robust Than Most Clickbank Products✌

Here are the components of your $39.99 package:

  • A Quick Start Guide to provide details on how to insert and track links and other related data;
  • Information on different traffic sources, both free and paid. More details provided further down;
  • DFY campaigns comprising about 60 email swipes


The front end package is not that bad for the price.


4✌ Interesting Sources Of Free Traffic Observed✌

I came across certain sources of free traffic for the first time. I really don’t know how good they are, but definitely something worth commendable.

Some of the sources of free traffic include: Viral List Builders, Free Traffic Hangout, Viral Inbox First, Safe List Websites Online, List Joe, Viral URL, Bweeble, List Bonus, List Adventure, Adchiever, State Of The Art Mailer, The Lead Magnet, List Jumper, Viral Nugget, List Surfing, Marketing Checkpoint.

I will check some of these out to see how I can broaden the horizon of the sources of free traffic to my website. Perhaps you should do same.







1.2??This $5K Formula System Review Uncovers 04 Reasons Not To Engage Your Valuable Resources??




1 ?The Show About Withdrawing $5K From The Bank Proves Nothing!?


$5K Formula System Review Scam


When I watched Neer’s video, neatly documenting his journey to the bank, and the $5K he was able to withdraw, all of that was real, but seriously, here are some things you need to consider:


==> That Could Have Been Any Bank Transaction

Let me tell you what I did once, back in the days when I was working full time as a financial statement auditor.

I had made the same journey to the bank too, a few years back, where I was able to withdraw $6K (equivalence from converting our local currency to USD) cash from the bank, but the only difference from Neer’s visit, is that I didn’t record my special trip to the bank.

And what did I do to receive such a huge amount? I APPLIED FOR A BANK LOAN. That’s all I did. Had it been I had that initiative at that time to make a video off it, I would have certainly made millions of dollars already just by publishing that video alongside any product I’m promoting online.


==> The Absence Of A Specific Bank Transaction Description Details

I’ve worked with a lot of financial institutions in the past, so I’m familiar with the procedures implemented to make sure all operations are traced and properly documented.

A more compelling piece of evidence would have been Neer’s bank statement, showing clearly his name written on it, as well as that…




Trust me on this, the bank description will provide information as to the company that transferred the funds to his account, whether it’s an online transaction, etc etc. It would be so detail that there would be no room for any ambiguity.

But Neer does not have that information. All he said was that he was able to raise that sum within 7 days. Hmmmmm. How I wished it were that easy.

The problem here is not seeing the money, as Neer believes it’s the case. The main difficulty here is proving to his audience, that the $5K is coming from the system he is trying to sell to you, and Neer has not yet succeeded to prove that.

Am I saying Neer is lying? No. He could be lying or telling the truth.

All I’m saying is that Neer has not done a great job to prove the source of his income, and that, is food for thought for you. I should have done that when I received my bank loan. Anyone can do what he just did because it’s certainly not a big deal.


While Neer is trying hard to be honest, there are other products created by outright dishonest marketers, that you should avoid at all cost. Check out the list below:

Ecom Cash Crusher

30 Minute Money Method

Fast Cash App

Auto Chat Profits

Data Entry Direct

Club 365

List Of All Scams To Avoid









2 ?The Entire Product Is Just About A Sales Funnel!?

Making money online is not only about having a sales funnel or a Done For You System. See the various online business stages below, to identify at what stage you would need to start generating traffic, and hence the need for a funnel:

  • Identify your passion/Area of interest/Niche
  • Create a website
  • Identify problems in that niche and solve them
  • Write copy that sells;
  • Drive traffic to your site
  • Establish a reputation online;
  • Manage your audience.


The $5K Formula System is offering a solution only to the last phase above. They claim to have automated all other phases through a DFY SYSTEM.

This is actually what is trending on Clickbank today: a funnel that will start making you thousands of dollars on a daily basis. If you don’t yet have an online business, then there is no need for any funnel. This reminds me of a product that I reviewed recently, Traffic Multiplier. Similar content and promises of making a lot of money with traffic, ?without making it absolutely clear that you have to work insanely hard to get that traffic to start flowing.?


The money is not in those funnels, it’s rather found in the traffic you send to them. If you haven’t yet mastered the art of getting traffic to those sales funnels, then how will you make the money?

The whole idea of DFY is really enticing to newbies online, who are looking for the shortest possible means of making money online. And any products that promise these DFY sales funnels really sell like hot cake.

While you believe that you are actually creating a business online, at an affordable cost, with little or no effort, there are two long term major negative consequences:

  • Your DFY funnels are not SEO friendly, leading to the next consequence;
  • You don’t get to benefit from the most sustainable free traffic online that can sustain your business for decades to come; traffic from search engines such as Google, Bing, and Yahoo. What does this mean for you? You would have to continually pay for traffic to send to your sales funnels. What if you don’t have the budget? Then you are doomed with such a system.







3 ?The $5K Formula System Traffic Solution Is Wanting In Many Areas?

Traffic is the core of any business you wish to engage online, and any product promising you a DFY system, without providing exhaustive details as to how you will acquire traffic to visit these funnels, then know that you are dealing with a ”shiny object” that makes all the promises that will never deliver.


Talking about the traffic resources that The $5K Formula System has to offer, let’s check them out below:

==> Buy shoutouts from email lists;

==> Free Traffic: Viral List Builders, Free Traffic Hangout, Viral Inbox First, Safe List Websites Online, List Joe, Viral URL, Bweeble, List Bonus, List Adventure, Adchiever, State Of The Art Mailer, The Lead Magnet, List Jumper, Viral Nugget, List Surfing, Marketing Checkpoint.

==> Email Drops, which is all about buying Solo Ads;

==> Click Trades

==> Classified Traffic, which is traffic from Classified Ads.


Below are the areas in which The $5K Formula System is wanting:

a The Main Source Of Traffic Is Paid

Most of the solutions above are paid traffic. It means you have to prepare a heavy budget, besides the $39.99 you would be paying for Neer’s $5K Formula System if you really want to make that formula work for you.


b Free Traffic From Search Engines Have Been Completely Left Out

This could only mean one thing: be prepared to be in constant pursuit of traffic. There should come a stage in your online adventure, whereby taking a step back from your business would not affect your traffic in any way. This is what free traffic from search engines would guarantee you: stability.

But the free traffic solution that The $5K Formula System is offering will never give you that much-needed break.

Here is another thing that baffled me completely and left me perplexed, even as an experienced marketer. Are they seriously saying that you have to explore at least 17 different sources of free traffic? Is that not too much for the newbie?

The major sources of free traffic have not been treated by this formula, and newbies, out of frustration, would definitely resort to opting for the easiest way out, paying for traffic.







4 ?Neer’s $5k Formula System Is Not Free!!?


$5K Formula System Review Scam



I kinda get really confused when Neer advertises his system as free. Let me give you a couple reasons why opting for this product will cost you  a fortune in the long run:

  • The initial package is $39.99;
  • Buying shoutouts from peoples’ emails, and sending that traffic to your funnels, will definitely cost you more money;
  • Buying Solo Ads is an additional budget;
  • Interested in Classified Ads? Then get ready to pay even more.
  • Talk less of the upsells.


In fact, check out the image below for the aggressive upselling that is practiced here:


$5K Formula System Review Scam


So which aspect of Neer’s $5K Formula System is actually free? I don’t understand what he meant by this statement. What do you think about Neer’s statement? Please, let’s talk about this IN THE COMMENTS SECTION BELOW.









5 ?Bonus Finding Which Could Actually Prove That The $5K Formula System Is A Scam!!?

I’m actually very reluctant to bring up this point, but I believe it’s something worth drawing your attention to.

In the sales video for the $5K Formula System, Neer actually presented his email account having the following transactions. Take a look at the image below:


$5K Formula System Review Scam



You can see from the image above that all those messages which are supposed to represent payments received have actually been sent by Neer himself, to his own inbox. How do I know this?

There are times when I have to post some articles on Instagram, requiring that I upload my images to my mobile device, through my own inbox. What I do is that I simply go to my yahoo mail, and send a message to me including all relevant attachments.

When these messages land in my inbox, this is how they appear:


$5K Formula System Review Scam


Sorry I had to blur out certain parts of that image above. That’s my private inbox so I would only be sharing what is relevant to this post.

Look at both images above, it means I can just repeatedly send fake payment transactions to my own inbox, and use them to prove that a particular digital product is working?

What am I missing here? Please help me out the IN THE COMMENTS SECTION BELOW.

When you look at the ”From” column, it’s clearly showing ”me” meaning Neer sent those transactions to himself to use as proof. This is so wrong and pathetic.











Video Update:

I came across a piece of crucial evidence that this program is a scam only after publishing the above video:



To go straight to the point:






Nothing good comes online easy guys, and this DYS offered by Matthew Neer’s $5K Formula System, is most likely to make you start all over in the long run for one simple reason:

Sustainable traffic methods are not taught here

On a more serious note, you should be more ambitious when starting an online business. You should have long term objectives, like planning to retire from your creation, and let it continue to do the work in your absence.

Stay away from solutions that promise short term gratifications. Not only will you spend more time permanently running after paid ads and spending the little you have, but you also don’t have the possibility of retiring when you are supposed to.

Stay away from shiny objects and learn how to build an online business the right way. I’ve found a solution that will give you access to tons of free resources, including the 4 major ones I identified as 4 Gold Mines, all included in your membership dues at ABSOLUTELY ZERO UPSELLS!


⭐50 free websites and hosting (25 premium domains and 25 subdomains)

⭐Complete training resources/videos/live-classes/tutorials on how to set up your website and how to make money online

⭐A free keyword tool for SEO purposes

⭐A lucrative recurring affiliate commissions structure to take advantage of if you like.


There are over 15+ additional bonuses not mentioned here, including your private blog space right inside the members’ area, a community, direct access to the owners, private messaging features, 7 different sources of direct help, etc, etc too many to name them all here.

I hope you found my review informative. Don’t hesitate to leave a comment below if you need more clarifications with regards to the contents of my $5K Formula System Review.

✌✌Thanks for reading.✌✌




''Stunning Bell'' is a Digital Entrepreneur with 10 years of experience in the financial sector. She's now earning full-time online thanks to a world-class training platform she accidentally stumbled upon. Connect with her personally at Wealthy Affiliate, where, as an Affiliate Marketer of this university,she was able to make her first dollar online, which eventually transformed into a full-time income.??

The $5K Formula System

$39.99 + Upsells!

Overall Performance


24 thoughts on “$5K Formula System Review Uncovers?04 REASONS NOT TO ENGAGE Your Valuable Resources – Time & Money?”

  1. I recently came across the 5K formula system and have to say at a glance it looked attractive. However, after reading your article I have been completely turned off by them!There are a lot of scams out there. Mostly in the make money online niche online. When they have to flash their money they are just playing on the emotional reaction that they get from people. Basically, I made all this money and didn’t have to work.9 times out of 10 they will just change their name as more and more people catch onto their scam.  Thanks for exposing them!

  2. hi,

    there is lot of information added in yr website from making money online ,affliate programme i like yr affiliate programme information hopefully i will join one of yr system for money making online i would need your help to startup as i have extra time to make money after my job

    1. Great Raju.

      Whatever you need help with, don’t hesitate to reach out to me. I would be glad to help in any way I can.

      But to continue to have 1-on-1 access to me at any time, and especially in a more professional milieu where your questions would be more private, I would be more preferable to JOIN ME ON THE OTHER SIDE HERE.

      Thanks for your comment.

  3. I really have a problem with these opportunities that make these silly claims.  I mean I know it would be great to make some of the money that is made on all these claims.I just wish some of these people who are having no problem taking peoples money would come to our side of the world and see what kind of money they could make as a legit marketer.Thank you for taking the time to write a great review.  Also just wanted to agree with you that Wealthy Affiliate is one of the absolute best opportunities out there.Dale

    1. Thanks, Dale for emphasizing my recommendation.

      Some people no longer have consciences, so don’t even bother wishing they could get into your shoes because you would worry in vain.

      I appreciate your comment, Dale. Thank you very much.

  4. Thanks for sharing some valuable insights on The $5K Formula System, Alieh. You’ve uncovered another “shiny object” that, while not exactly a scam, is definitely not the answer to anyone’s online success for all the reasons you point out. It’s curious why someone who actually puts their own name on something doesn’t want to bother to make the product and process as good as possible. But then I think these programs are truly only about making the promoter some quick cash before they move on to create the next “get rich quick” scheme. They prey on those who are most desperate, and one has to wonder how they live with themselves. I’m sure your review will help many see the light and avoid The $5K Formula System. Keep up the good work!

    1. Exactly, Cheri.

      And the most disturbing part is the additional piece of information I uncovered after publishing my review. It seems Neer was sending messages to his own inbox to make it look like he was receiving regular payments.

      Hmmmmm. I don’t know what to make of this, but this product is one to be avoided at all cost.

      Thank you very much for your comment, Cheri. Much appreciated.

  5. Not another Matthew Neer’s product. Income League, SpeedWealth System and Operation 10K are all Matthew’s creations. l am disgusted with all the hyped up advertisement and the automated things “Done For You” system. 

    These programs are the same, they lure you into their sale funnel with low-cost frontend product, and immediately a pop up appears asking you to buy their upsell products in order to accelerate your income. I hate hidden upsells which is unethical in conducting business.

    Even though Mathew Neer is renown and successful does not make this one a success for everybody.

    Thanks for the heads up and good review. 

    1. Thanks for your comment, Denis.

      This is the first time I’m coming across one of Matthew Neer’s products, and I was not really impressed. I will keep an eye on the others.

      Plus I’ve realized recently that one and the same marketers are remaking old products into something completely new. Now that I’ve had the privilege to review this product, if I come across anything similar it would be easy to spot it out.

      I’ve already done so for a couple scam remakes, and I hope Neer does not fall into this category.

      Thank you for calling my attention to the others. Much appreciated.

  6. Thanks for taking out time to write a review so detailed about the 5k formula systems, personally I am always weary of programs promising big bucks from the outset,  there is absolutly no easy money online the hard work must be done. Based on your review, the program seems fair enough but it’s not something I would like to get involved in.

    Thanks for the quality review, keep it up.

  7. The 5k formular system could be a scam. If it promises to offer a quick money within a very short period of time without much work. As for me my only recommendation for online business is wealthy affiliates program. I don’t trust most of the online business out there because most of them are all scams.

  8. Thanks for making this review about 5k formula, although this site isn’t a scam site it doesn’t have what it takes to  generate large income for it’s users they tend to have lots for false claim and lots of fake testimonials which to me is major turnoff. In my opinion this site isn’t recommendable to make money online.

  9. Hey StunningBell ,

    I have seen all your content and video and i think this it is really great for any online marketer  . I am an online marketer . I will follow all your information ,I want to build a good future on the marketing line . Without any investment ,  is it possible to achieve by me ? I will share this information with my friends who are interested in marketing . Thanks for sharing it with us .

    1. Thanks for your comment, Hasan.

      I’m glad you found my review useful.

      However, any marketer that tells you that you would be making money online with zero investment is certainly out to mislead you. What responsible marketers do is that they prepare a separate package that you can access free of charge without providing your credit card details, to allow you to have greater insights into what it takes to succeed online.

      You would also be provided with a minimum of information to get you started with an online business of your choice, but the free package will not enable you to spread your wings online.

      And if you become interested, you can upgrade any time you want. This is the strategy Wealthy Affiliate has implemented, and the results are amazing.

      I’ve not yet come across an opportunity with zero investment yet. Scammers will say it’s free, but then you pay something just to access the system, and as soon as you are in, you get bombarded with tons of upsells.

  10. Md moinul Islam


    Thanks for sharing this helpful guideline of writing about this topic.This topic is very important for the people whose haven’t no work.There are dozens of ways to earn money Online making $5/hr doing menial tasks or $2/hr filling out serveys,but don’t you want more than that? There are some questions front of us.These are given below: 1.What makes  skills valuable enough to makes us money? 2.How to choose a skill to earn money Online? 3.How develop our money making skill?I want to earn real money online working from home like $25/hr,$50/hr and over $100/hr then I will have to take smarter approach.valuable skills helps us earn more and make it easier to find work Online.                   

    1. That’s right Islam.

      It’s always a better approach to take the time and learn new skills, that would help us in many other works of life, not just making money online, and doing it the right way is all that matters.

      You rightly said this article is relevant for the newbies online. It’s always important to point out to them how the entire process works so that they would be able to decide for themselves which path to follow.

      Thank you very much for your comment, much appreciated.

  11. Good afternoon Stunning Bell,

    Reading your post I was somehow confused.

    The statements lots of money just like that, no work needed sounded really nice but I do know it does not exist in this world

     I am told about free Traffic, that is something all website owners would like. Then it turns out you have to pay for it.

    The statement of something being free when you definitely end up paying for it is very misleading. This whole system is presented as being easy and very positive but at a closer look, no proof can be found that it really fulfills the promise.

    I understand now that $5K Formula System of Mathew Neers is a disappointment. Thank you for this information.

    Regards, Taetske

    1. What an excellent summary of a 2500-word blog post.

      Thank you very much for making it specifically clear in very simple language, your comment will help those who are reluctant to take the time to read the entire review.

      Thanks a lot for sharing your thoughts.

  12. Thanks for your review of the $5K formula system traffic solution! Much grateful! I’ve also come across similar websites that promised a specific formula for driving traffic amazingly but to no avail. I got scammed like that a couple of years ago in the name of buying 5000 real and targeted visitors only for me to discover that the traffic delivered was nothing but robots.

    As you mentioned in your review, traffic is the core of any online business one may think of venturing into. And following packages like this leads to frustrations and loss of so much money. I’m of the opinion that the $5k formula system is not ideal to be followed for leaving out all the major sources of generating traffic. Thanks for the awesome review!

    Israel Olatunji

    1. Sorry to hear about your past experience with scammers, Israel.

      Well, The $5K Formula System is proposing solutions where you can find free traffic, meaning that you would have to be the one to figure out which method works for you best. That’s a ton of work!

      And the worse part, nothing is mentioned about getting traffic from search engines, and that’s unfortunately where a significant portion of the entire internet’s traffic is.

      I appreciate your comment. Thank you very much for stopping by.

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