Showing posts with label Jack and the Beanstalk. Show all posts
Showing posts with label Jack and the Beanstalk. Show all posts

Monday, October 19, 2015

Trade your cow for these magic beans...

TRADE... Your cow for these magic beans, My kingdom for a horse, Anything for a golden touch.

Bartering has never gone away but today, money has become its most popular medium of change.

Money gives an exact measurement, 3 for a dollar, $2.399 for a gallon of gas, etc. The value is set.

However, a new day is dawning with the realization that perceived value of this for that is often in the eye of the beholder and cash is a finite commodity. Trading (and bartering for value) is perhaps the greatest way to create a win-win and save the bucks for something else.

In days past, commodities could be traded for services--a massage for a chicken, shoe my horse and I'll plow your field, Thanksgiving turkey for three haircuts, scratch my back and I'll scratch yours. I saw how well this can work by watching two of my children who barter whenever possible.

A winning 200-word essay for this charming two-centuries old New Hampshire Inn was a great barter opportunity. The owner decided to sell in the same manner she acquired the property 22 years earlier. At the cost of  $125 to enter the contest, you too could have been a winner at better than lottery odds. This is a legal contest of skill however--not a lottery--and comes with its own complications as you can see.

An Alabama couple offered their farm (sheep and goats included) for a winning essay and $1. A similar contest for a  Maryland home allowed the winner to acquire for $100 and a chocolate recipe. 

But say you don't want this valuable Inn for $125 and have something simpler in mind. There are web sites that specialize in this even beyond Craigslist and eBay.

A few years back 17-year-old Steven Oritz bartered a used cell phone a friend gave him for a 2000 Porsche Boxer S Convertible. It took him two years and 14 carefully planned trades but he did it by following the pattern of Canadian Kyle MacDonald.  Here's his story. 


 
In 2005 MacDonald began with a red paper clip and ended up with a two-story house. Wanna see how he did it? Click here.

 

WORSE BARTER OF ALL TIME? Without a doubt, Adam and Eve gave up Paradise for a bite of an apple.