Everything You Need to Know About Bartering… Before It Is To Late
This is the most comprehensive book ever written on barter. A barter transaction has taken place when two people or companies swap items of equivalent value. When you are bartering you are trading your goods or services for someone else’s.Bartering can help you to free up cash and give you more financial freedom. If applied properly there is no limit to the success you can have with bartering. More
Described in its simplest form, a barter transaction has taken place when two people or companies swap items of equivalent value. When you are bartering you are trading your goods or services for someone else’s goods or services. The barter economy is one of the largest in the world and barter can make you financially independent and does it with little or no cash. Anyone can barter, in fact the greater a person’s wealth, the greater the probability that he or she uses barter to create and recreate wealth.
Traditionally, when we speak of money, it is “cash” that comes to mind. Cash is only one type of money. Something that we trade for something else may be seen as a type of money as well. There are many different forms of money, with their inherent strengths and weaknesses. Throughout this book, we will discuss barter in its various forms as well as coin and paper currency (cash), credit cards, etc. These are all forms of money.
Barter is an effective way to survive when cash is in short supply. In the past it was the way most people got what they needed. Imagine small village trading posts, where trappers trade in beaver pelts for dry goods and other essentials. In the 21st century is a parallel economy with a private currency. The Webster Dictionary of the English Language defines bartering as "trafficking or trading by exchanging one commodity for another (and not for money)." For many traditionally trained economists, barter is the world's oldest buying/selling tool. It is a complex and often limited way for a business to expand without the involvement of cash. You trade what you have for what you want. All these descriptions, excluding the one offered by the dictionary, have one thing in common- they recognize barter as a cashless form of money.
Barter may not be cash, but it is definitely a form of money. It is a tool like no other in that it enables people to match their abilities to their income source. It is a way of building income, including cash income, while preserving cash flow. According to Glyn Davies in his book, A History of Money from Ancient Times to the Present, money is “anything that is widely used for making payments, and accounting for debts and credits.” The type of money that is offered and accepted for payment most often - cash, coin, promissory notes, check, credit card, debit card, IOU, influence, goods and services i.e., barter - will in part depend on a number of factors. These factors include how widely the form of payment is used, how easily it can be transferred, how portable it is; the flexibility of its value in times of emergency or urgency and the consistency of its store of value. These variables are discussed in throughout this book.
Whether you choose do a little barter or use this book to build a huge reciprocal trade network, barter will serve to expand your ability to live life fully in ways you only dreamed possible. This book is designed to guide you, step by step, into the world of bartering. If applied properly there is no limit to the success you can achieve through bartering.
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