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299: Trading Up: From $8.65 an Hour to Retired at 25, Plus the Next 10 Years

Remember the Red Paperclip Guy from a few years ago? In 2005, an out-of-work Kyle MacDonald started with a single red paperclip and traded his way up to a house in Kipling, Saskatchewan.

Remarkably, this barter adventure took only 14 trades and was completed in less than a year. Kyle started out small, each time seeking something “bigger and better” in exchange.

For example, his first trade was the red paperclip for a pen shaped like a fish. Then he traded the fish pen for a doorknob, and on and on up the ladder.

The story certainly has some feel-good elements to it, and after a while the…

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