Thursday, November 15, 2012

The Art of Barter - How to Trade for Almost Anything

For many people, finances are tight these days. In fact, that may be quite the understatement. People are having difficulties paying for things they want, and not only luxuries or non-essentials, but basics to survive. "The Art of Barter: How to Trade for Almost Anything" by Karen S. Hoffman and Shera D. Dalin offers a solution for many people's financial woes. No, the book does not share the secret of making a million dollars or become rich quick, but rather provides worksheets, checklists, real-world examples, and success stories regarding how you can create win-win barter opportunities to enjoy a better lifestyle with what you have.The book is easy to read and it's basically a handbook on how to barter. After a short introduction, the authors explain the benefits of barter and what it can do for you. The next chapter focuses on the bartering opportunities that may be lurking around your home. From there, the authors explain how to trade like a pro and then discuss trading
in the fast lane. (enrolling in a trade exchange)Chapter five discusses the upsides and downsides of barter. I'm glad they pointed out some of the downsides. The next chapter has information on topics such as vacation swaps, temporary homes, and swapping houses. I would caution anyone doing this to seek legal advice beyond the mention of taxes included in this book. Which brings me to chapter seven, barter, taxes and you. The authors provide a couple of pages, but depending on the amount and level of bartering you do, you may want to discuss this with a tax professional.Next come chapters on charity expanding with barter, barter for kids, (no, you won't be trading your kids off, even if you really want to, the chapter provides opportunities for kids to barter.) Next they discuss leveraging the power of barter and creating a new small business through barter, and then they follow with a chapter on barter as a career. They conclude with a chapter on barter for your health, and
then finally include a list of resources which contain a sample barter agreement and sample trade tracking worksheet.I think this is a good book to open people's eyes to the possibilities and opportunities that barter may provide. Many people do very well for themselves through trading for goods and services. "The Art of Barter" shows you how you can enter this area and succeed at trading for yourself. For those short on money, this book may be especially useful. If you want to learn more about barter and trading, this book is a great place to start.

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