Check this out:
Although most people don’t know it, there is a billion dollar worldwide industry called the barter or “trade” industry.
And in this industry there are a bunch of barter e that act sort of as buying clubs — where thousands of different businesses join and do business with each other using not regular money but “trade” dollars. Trade dollars are currency — just like the dollar in your pocket is currency — but it can only be spent within that barter company.
It’s sort of like a big Monopoly game.
In Monopoly you have different bills ranging from $1 to $500. But those bills are only valuable in the game. Outside the game they are worthless. And the same goes with trade dollars. They can be used just like cash, but only with the businesses in the barter exchange.
Now, almost every single kind of business you can think of can be found in these exchanges — including bookkeepers, accountants and tax professionals. And a few years back I discovered a secret “loophole” in the barter industry that lets you buy any of the thousands of products and services — especially accounting and bookkeeping — sold on trade for as little as 20, 15 even 10 cents on the dollar of “real” money.
What most people in the trade industry don’t think about is trade dollars are not as easy to spend as regular dollars. And many businesses in barter end up accumulating thousands of trade dollars they are either too busy or too lazy to spend. Which means it is basically as worthless to them as Monopoly money.
Remember, it’s not like regular money you can spend anywhere. You can only spend trade dollars within the exchange.
And you can get tens of thousands of dollars worth of accounting and bookkeeping services for yourself and your business for mere pennies…simply contacting people with excess trade money, and offering to buy their “trade” dollars with regular dollars — and at a steep discount.
Let me give you a “real life” example.
Just last year I owed my accountant $3,000 for doing my taxes.
Since my accountant is in a barter exchange, I simply found someone with $3,000 in excess trade money and, in less than ten minutes, bought all $3,000 of their trade dollars for just $600 cash.
That’s a full $2,400 in savings.
I do this every single year. And save hundreds — if not thousands — of dollars.
And you can do the same thing.
Simply look at the list of accountants, bookkeepers, CPA’s and other tax professionals in the exchange (the big ones have dozens of these types of businesses), see what they charge, and then find another business in the same exchange with excess trade dollars and offer to buy their excess trade dollars for 20, 15, even as little as ten cents on the dollar.
In other words, if someone has $5,000 in excess trade, tell them you will buy it from them for $500 in real cash — or ten cents on the dollar.
Believe me, some companies have so much trade money they have no idea what to do with it. And they know it’s all but worthless if they can’t spend it all. Which is why many of them will almost always agree to sell their trade at a steep discount for real cash.
Pretty amazing, isn’t it?
If you spend a lot of money on accounting related services you will save a fortune with this secret — especially at tax time.