This is optimal finance daily episode 992 a different way to think about money

by J Money of Budgets are sexy.com

and I'm Dan, I'm your host and this is where I read to you from some of the very best personal finance

blogs on the planet. For now let's get right to the post and start optimizing your life. A Different way to think about money by J Money of Budgets Are Sexy.com

Two years ago my friend Pauline wrote an article for us on how to flip stuff like a pro.

It was a fascinating read and tips on how her boyfriend buys, sells, and trade stuff for

profit, and it was pretty crazy how far he went with it.

But there was one line in it that I've never forgotten.

Quote, cash is scarce. If I want to sell you something, I just need to find what you want to

get rid of and swap it with you. End quote. In other words, take the cash part out of the equation

and figure out how to give you something you really want in exchange for

something you don't, but that's more valuable. The Trade Up game, in a sense,

where both parties get what they want out of the transaction

and part ways happy. But what I love the most about this is that it works in the opposite

direction too. If there's something you really wanted to buy but don't have the money or

don't want to spend your money on it, can you figure out a different way to get it? And the

answer is yes, you can, all depending on how adventurous and patient you are and how badly you want it.

How you achieve this is by figuring out what the other person actually wants

since it's usually not just to have money.

In other words, what will they be doing with this money in exchange for the item you desire?

Let's take a cool old bill for sale, for example.

Jay Money, always on the hunt for awesome new coins and currency to add to his collection, sees an ad for a $500 bill and deeply

...