The Sourcing Jar

A penny saved is two pennies earned.

Did ol' Ben Franklin say that? There was a time when a penny saved was a penny earned, but today, you can turn your penny into two pennies.

Have you ever heard of the tale about the grain of rice? 

Once there was a greedy king who didn't share the stores of rice with his people. One day soldiers with wagons were taking the rice collected from the fields to the storerooms. A bag had a hole, and a young girl saw it, then she followed the wagon and collected the rice that fell out of the bag into her skirt. She took the rice to the king. He was so happy that she gave back the rice that he granted her anything she wanted. She asked for a grain of rice, doubled each day for 30 days. He laughed and granted her the rice. She was wise, and pretty good at math (the king was a dolt and not so good at math).

Now you do the math.

First Day - 1
Second Day - 2
Third Day - 4
Fourth Day - 8
Fifth Day - 16
Sixth Day - 32
Seventh Day - 64
Eighth Day - 128
Ninth Day - 256
Tenth Day - 512

Are you getting the idea?

I thought so.


So what does this have to do with a penny, a sourcing jar, and FBA?

Save a jar of change. When it's full, take it to one of those coin drop machines (check your bank or credit union to see if they have one that is free of charge), and dump your change. Take the money and go sourcing. Buy products that you can double (or more) your money after fees, shipping and handling. Take the profits and and invest in more products. Rinse and repeat until you reach your goal, or your storehouse is full, and you're ready to take a payout to the personal checking account.

Cha-ching!