Activity Lesson 1

As a young adult, just of out high school, I bartered with the owners of a massage school that I wanted to attend. I cleaned their home a couple times a week. I did this for a year and worked off the tuition for the school. It was definitely worth it because I learned a skill that has given me an occupation as well as opportunity to be the business owner of a massage studio. So the two items/services bartered were house cleaning and massage education. It was absolutely a fair exchange, great ROI and I didn’t incur any debt in the process :money_mouth_face:

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Last year I worked as a Wild Land Fire Fighter in Oregon. There are a lot of cigarette smokers (which I was as well, but I quit now), which we would trade cigarette for candy bar like Snickers and stuff. Fiat money was useless to us out in the forest but candy and smokes were like gold to us :wink: And it is still trading on out there till this day.

It was always interesting how some rare card were plentiful to certain people. Like that person attracted that card… Well that from magic the gathering. So @lauforeman I hear you

I am massage therapist who frequently trade my service to other professional such as hair stylist, accountant , or even with my colleague. I think it was fair trade when you knew their skill as good as yours. Another example my husband would trade his art work to other artists’ work. In this case, they might trade art work of the price are similar to each other.

I used to trade sandwiches at lunch. My mom made these beautiful, amazing sandwiches with whole grain bread and organic ingredients. I would trade them for the shitty chicken-on-white-bread served in the school cafeteria. My friends were always happy to trade with me, because I was obviously offering more value than I was receiving in return.

Well, to be honest I cannot remember any barter transaction that I did. I guess it is because we are too deep into the fiat money world :wink:

We trade a dozen of duck eggs for two gallons of milk. Its a pretty fair trade a dozen of duck eggs in our area goes for 6-8 usd and a gallon of milk can go from 2.5 - 3.5 per gallon.

A barter transaction I took part of recently was that I agreed to provide the service of driving my friend and I to a third friend’s house, while the second friend (who’s receiving the ride from me) bought me beer. I would say it was a fair exchange, because the beer more than paid for the gas money, but when you take into account car maintenance I think it evens out the price a little more.

When I was a kid we always exchanged certain type of sweets to other sweets. I remember exchanging with my friend a chewing gum for chocolate candies.
I think that was pretty fair exchange as I liked candies better and my friend preferred chewing gum - that was WIn-Win for both of us.

my first barter i can recall was at first school. Some boys had some toy gems and were playing a game where they were trading them. I remembered my mum had some gems so back at home i took the jewelry i considered to be trade-able gems and traded them happily at school the next day for plastic!
Mother was none too pleased!!!
It definitely was not any type of fair trade on my behalf!!!

I really can´t remember that much, but what I do remember is trading candy for toys with my brothers. I knew we made some fair exchange cause each of us gave it the value we wanted to and we had no regrets at all. Is funny to think how we still use the barter transaction without even notice it

Describe a barter transaction that you’ve been a part either as a child or adult.
List the two items in the barter transaction and, looking back, did you think it was a fair exchange and why?
My first memory would be baseball cards and marbles. Then a couple of years later I was into basketball cards as well. They were just even exchanges, totally fair in my opinion since we all got what we wanted.

I used to trade Pokémon cards when I was a child. I believe it was a fair trade as the Pokémon cards I wanted had an equal value to the cards I was trading. If it was a rarer card, I used to trade a few more cards for those ones. Both parties were happy with the trade.

The barter transaction I have been part of was trading brand new car speakers for a pair of air jordan’s. I think is was a fair trade because both items were around the same cost, although the speakers would generally last longer than a pair shoes you wear regularly.

as a kid we used to play with marbles, my grandfather worked near a cement factory where they have iron balls in a mill to crush the stones. I was very bad playing at marbles but because I had access to these steel balls I could swop them for a load of marbles any time I ran out…

I attended the local farmers market last year as a vendor. It was common place for vendors to barter their goods to other vendors in exchange for something they didn’t have themselves. A vendor who operated next to our tent often brought delicious home made bread loafs and we (my girlfriend and I) would trade our eggs for loaves of bread. The transaction was a fair exchange and both parties were always satisfied with bartering their goods.

As i child we used to trade Diddle-Mouse stuff. So you had a block of paper with a theme and could exchange one paper for another paper with an other theme. I don’t remember, how we set the exchange rate, but as of today I was happy to exchange it, so it seems as it was a fair exchange.

An exchange of 2 in-game assets: The item that I was trading for had a market value that is slightly higher than the item that I had. Since the person on the other end did not want to go through the hassle of having to sell his item and then purchase the item I had, he offered to make a deal where he would trade his item for mine even though mine had a lower value market-wise.

It’s not exactly a fair exchange in the sense that the items had different market values, about 10% different in pricing.

In Texas as a child bartering was called hustling. And I was poor at it many times I wanted money for candy on snack day. All the other kids get money for snack day. So I sold my toys. Very few people bought it and i lost them playing with them. My parents werent happy.

The first barter system i was involved as a kid was the exchange of snacks and candies or football stickers with my friends, and more recently for me it was in terms of a service provided(repaired a fridge) to someone and he provided me with another service (painted my house), basically we’ve exchanged two services that both of us were looking for and we didn’t have to use money to obtain both.