How it Works

 

How can you get what you want without spending a dime?

It’s simple – you can barter for something that you have for anything that you need – use your tax expertise to get that MP3 player, or trade in an old painting for piano lessons.  Moolahnaire is an online barter network for consumer and small businesses to help facilitate barter trades with the creation of our virtual trade currency called "Money on Tab". 

Why use "Money on TabTM"

"Money on Tab" trade currency eases: 1) barter restriction of finding the person who has what you want and want what you have, and 2) of matching deal with equal value to benefit both parties when bartering.  We believe your time is better spent on recreation than endless hours of searching on the internet for that perfect item to swap.  Here’s an example of how it works:

  • Sign up for free!
  • Post an offer for your service, say, tax consulting for 200 "Money on Tab"
  • Receive a bid from a buyer for your tax consulting service
  • Complete your service and  200 "Money on Tab" will be credited to your account
  • Go shopping and buy the MP3 player that you deserve!

Option 1:  Barter using "Money on Tab" – our Virtual Trade Currency

  • Sign up and establish an account for FREE.
  • You are ready to create your profile.  Post your items or services to sell under  “Offerings”.  Be sure to list your skills &/or credentials for service offerings.
  • You will have 100 ‘Money on Tab’ deposited into your account to get you started as a new member.  Earn a lot more ‘Money on Tab’ with our friends and family referral program where you receive 35 ‘Money on Tab’ for each referral -- So hurry and be a Moolahnaire!!
  • As a member, you can be both Seller and Buyer.
  • A Seller is when you are selling a product or providing a service to another member.  You earn "Money on Tab" when you sell an item or provide service.
  • A Buyer is when you are bidding/purchasing a product or service from another member.  You should have sufficient "Money on Tab" in your account to purchase a product or service.   ‘Money on Tab’ is deducted from your account when your purchase is completed.   
    • A cash transaction fee payable in U.S. Dollars is charged to the Buyer for each transaction. Our fee schedule is as follows:
  • We also offer an interest free revolving line of credit to help with purchases if you don’t have sufficient "Money on Tab" balance in your account at the time.  As a new member, you will receive a Credit Line of 100 "Money on Tab".  If you wish to increase the amount on your Credit Line, you will need to submit an application subject to our approval.
  • Always talk before selling or buying from another member.  We encourage members to exchange emails and agree on all terms to ensure that the transaction goes smoothly. 
  • At the end of a transaction, a Buyer can leave feedback on Seller by rating his/her performance.  Feedback will be posted on Seller’s profile.  
  • Transactions are recorded and maintained online detailing transactions, and current trade balance.  Moolahnaire acts a third-party record keeper, just like a bank or brokerage firm.
  • What is "Money on Tab" worth?   One "Money on Tab" = One U.S. Dollar
  • There is no expiration on your "Money on Tab". 

Benefits of barter using "Money on Tab"

For Professionals/Consumer

  • CONSERVE VALUABLE CASH.   Barter using "Money on Tab" for purchases and services to conserve your valuable cash to potentially help mitigate higher cost of living, lost wages, or simply supplement your income to deploy your cash towards savings or other needs.
  • TIME IS MONEY!   Provides flexibility to trade with many different members by using a cash equivalent trade currency as a method of payment.  You don’t have to spend hours on the internet to search for that perfect item with the same value to swap.
  • NETWORK.  It’s a great way to find new people to network and share interest.
  • RECYCLE.  An old item that you no longer need may be exchanged for something that you want (vs letting the item sit in your garage).

For Small Businesses

  • CONSERVE VALUABLE CASH. Acquire goods, services and assets without spending cash.
  • MOVE SURPLUS INVENTORY.  Excess inventory can be used to acquire goods or services for your company.
  • GENERATE NEW BUSINESS.  Provides another channel to generate sales and find new customer for your business.

Option 2:  Swap

If you are browsing for an item you need and come across a member with a want under his/her 'My Wish List' section that you can offer to exchange directly (a perfect match!!!), you can simply swap with that member.  Just send a quick email to that member under 'My Wish List' section to swap without using your "Money on Tab". It’s free, so be sure to list your wants under 'My Wish List’ section.