The type of exchange you use determines your financial success. Nothing else you do has a greater impact on your income. L. Ron Hubbard outlines the four types of exchange.

1. First consider a group which takes in money but does not deliver anything in exchange.

Examples of this first condition of exchange:

— You pay a $1,000 deposit for a new car. The dealer goes bankrupt. You get no car and no refund.

— A plumber loosens a pipe, shows you the "leak," tightens the fitting, makes noise, charges you $159.

— Someone in your office avoids doing work. Lots of excuses, lots of smoke screen, no work, full pay.

This first exchange condition is basically theft. The second exchange condition is cheating.

2. Second is the condition of partial exchange. The group ... Read more »