Big Book of Income is an investment advice manual written by a guy named Zach Scheidt. The book promises to teach you how to make extra income in easy and effective ways.
Here’s our review.
What Is The Big Book Of Income?
The Big Book of Income is a financial information book written by Zach Scheidt. By reading the book, you can learn secrets like how to get an extra $7,000 per year from your Social Security benefits, earn 12 times higher interest from your bank, and earn 7% dividends on a gold investment.
Altogether, the Big Book of Income plans to teach you 47 income secrets “that the wealthy use to build their income and wealth automatically.”
The Big Book of Income is being marketed online using some sleazy marketing techniques. The website features a video-only landing page – which is always a red flag. The book also claims that there are only 450 copies available – despite the fact that it’s a digital eBook. Typically, when a company claims that only a certain number of copies are available, it means you’re dealing with a scam.
The book is priced at $4.95. You receive an immediate PDF copy of the book in your email. You also receive a signed copy of the book in your mailbox within a few days. If you don’t contact the company within 30 days to cancel your subscription, however, then you’re charged a non-refundable fee of $99.
Let’s take a closer look at what you’ll learn in Big Book of Income to help you decide whether it’s a legitimate opportunity or a scam.
What Will You Learn In The Big Book Of Income?
The Big Book of Income features 47 income-earning strategies overall. Without revealing complete details behind those strategies (and spoiling the book), we’ll tell you that they include all of the following:
- Squeeze an extra $7,000 per year from your Social Security benefits
- Upgrade your savings account and earn 12 times more interest using one simple trick
- Collect 7% dividends on a gold investment that has “paid like clockwork for over 10 years”
- Make $35 an hour walking on the beach
- How to earn $1700+ in “backdoor rental income”
- “A single word you can effectively put on your Social Security application to increase your benefits by as much as $570 per month”
- How to become a “digital landlord” based on “a law enacted during Eisenhower’s presidency
- How to legally beat the IRS and claim half of a year’s salary from the federal government when you retire
- “How to legally rob banks”
Ultimately, like other “get rich quick” advice guides on the internet, Big Book of Income wants to teach you a number of loopholes, strategies, and basic techniques you can use to supplement your income.
Who Is Zachary Scheidt?
Zachary Scheidt is described as a bestselling author on the Big Book of Income official website. That site also describes how Scheidt started his career “at a hedge fund in Atlanta”. At that job, Scheidt was very successful – but he claims he never felt good because he wanted to put his skills to work helping middle-class people instead of high net worth individuals.
Today, Scheidt is a married father of 7 dedicated to explaining moneymaking strategies to people over the internet. In addition to selling the Big Book of Income online, he’s listed as the editor for an email newsletter called the Lifetime Income Report.
Scheidt works for Agora Financial, a financial company dedicated to selling high-priced newsletters and financial tips online – including newsletters like the Lifetime Income Report.
Purchasing The Big Book Of Income
The Big Book of Income is frequently advertised as being “free”. However, it’s not really free. You need to subscribe to a pricey email newsletter to receive the report for free. You’ll also need to cancel that “trial” before a certain amount of time – or else your credit card will be automatically charged. It all feels a bit like a scam.
In any case, here’s how pricing breaks down:
Big Book of Income: $4.95 + $99 per year (for an annual subscription to the Lifetime Income Report)
You pay $4.95 today. Within a few days, you’ll receive a signed copy of the Big Book of Income in the mail. Immediately after your purchase, you’ll also receive an email with a PDF link to the book.
You’ll also be quietly subscribed to a 30 day trial of the Lifetime Income Report, a separate newsletter offered by Zachary Scheidt. If you don’t cancel that trial within the 30 day period, then your credit card will automatically be charged a non-refundable fee of $99. That $99 covers just 12 issues of the Lifetime Income Report – making it one of the most expensive newsletters you can buy today.
Ultimately, marketing strategies like this are very shady, and not typically used by legitimate companies. The fact that they lure you in with a fee of $5, and then quietly charge you a non-refundable fee of $100 if you forget to cancel, is a sign you’re dealing with a shady company.
The Big Book Of Income Conclusion
Ultimately, you can find plenty of get rich quick schemes available online today. Some of these techniques are legitimate – like loopholes you can use to maximize your tax refund. Others are legal, but unethical. Big Book of Income features a list of techniques, tips, and strategies you can use to supplement your income. Altogether, the package is priced at around $5. However, the package also includes a mandatory subscription to a $99 a year annual newsletter called the Lifetime Income Report. If you don’t cancel that subscription within the 30 day “trial” period, then your credit card will be charged a non-refundable fee of $99.
Ultimately, if you’re careful, you can get Big Book of Income for a nominal fee of $4.95. Just remember to cancel your subscription within the 30 day window to avoid being charged a non-refundable fee of $100.