In this week's episode of the Crushing Debt Podcast, I talk about Preparation.

Twice a year, my community has a garage sale. I find Garage Sales to be low-risk environments to practice your negotiation skills. This is the fourth time I've had the opportunity to practice something at my community's garage sale to help my negotiation skills.

If you want to listen to previous episodes on this topic:

• Episode 68 was about negotiation, specifically that you need to willing to walk away, and that there is value in selling something you no longer want and don't want to put back in the garage for the next sale.
• Episode 86 was about presentation, in other words the presentation of a specific good or service can help with sales.
• Episode 118 was about patience; how long should you wait to make the sale?

In this week's episode, preparation could be the difference between making the sale, making the sale at or near the price you want, or bringing the item to Goodwill and getting no value (other than a tax deduction) for it.

What do you like most about Garage Sales? What lessons do you take from them? Please let me know at [email protected] or www.YesnerLaw.com.