Money-Magnets.Net

Earlier this year while watching Billy Connolly’s to the ‘Edge of the World’ on television, the last part involved Billy hitching a ride on a truck down through the Yukon. On a rest stop there was film shot of the driver, Bill Rutherford the Fruit Man, walking around and picking up cans and bottles. Billy asked him why he was doing this and he answered that over the years he had paid for his truck many times over from recycling what others travellers had left behind. Or to put it another way he had used other people’s money to pay for his truck.

A few weeks later in a conversation over dinner the topic was “Is it possible to create a pot of money in today’s financial climate from nothing or from using someone else’s money or money that no-one else wants?” If you have a financial education or you are a sophisticated investor there are strategies to make money in any situation but what about the average person - is this possible?

The mission is to create five hundred dollars from other people’s money, or money that nobody wants. Then to continue to grow this money using strategies that are available to anyone without using any of my own money and also to do it in times that are achievable for the normal busy person. In short something that can be fitted into a pattern of life.

I do quite a lot of walking and pick up rubbish such as cans, bottles, cardboard cartons that have refund deposits on them. When I get home I put my collection into a box in the shed with the intention of taking them to recycling but never quite getting around to it. Back in June Karen saw how full the box was and asked if I was ever going to do something about it. Coming out of the recyclers a few days later the penny dropped – it was the beginning of the challenge. The idea of the challenge is to show what can be done and hopefully give you ideas, it doesn’t necessarily mean that you have to go out and pick up cans and bottles there are many other ways of doing it and this will help to get the ideas flowing.

The ute full of recyclable cans, bottle and cartons that are worth $58.