Originally on: http://blog.dollardays.com/bartering-in-order-to-save-money/
In these difficult economic times, people are looking to save money in a variety of ways. One of the best ways to live frugally is to barter for goods and services whenever possible. Bartering is the act of exchanging goods and services without using money.
During the Great Depression in the 1930?s, bartering was common. Many people would pay their doctor’s bills with eggs and milk from the family chickens or cows. Other people paid their bills in produce. For a time, bartering fell out of popularity. However, the practice is making a comeback. How would you barter with someone for goods and services? For example, you may want to have your lawn cut, but you cannot cut it yourself. You may also not have the money to pay someone to cut it either. In such a case, you might think about trading services in exchange for having your lawn cut. Perhaps you would be willing to make and decorate a cake instead of paying money. In this case, the cake is what you are willing to barter.
If you have a tight-knit community or a support network of family and friends, you may not have any problem-finding people with whom to barter. In fact, you may have already been bartering and not actually known it! If you do not have a support network or if you do not live in a tight knit community, it may be more difficult to find people who are willing to barter with you. However, it can be done.
One of the best ways to find people willing to barter is to search online. There are actually many different bartering forums that exist in order to help introduce people to each other and to educate people about the practice. One such site is called SwapAce. Here, you can trade goods and services, learn more about bartering, and learn how to improve your negotiating skills. Another way to find people willing to barter with you is to advertise on Craigslist or other similar sites. If you own your own business and want to barter with other businesses for goods and services, you may want to join a group like ITEX. Bartering for services can actually help you to get your business up and running without using a lot of capital.
Of course, it is important to mention that you should take precautions and be careful when joining any online group or participating in a group online. Before joining the group, it is important to read over the rules and to obey them.
Although it may take you some time to find a person will to barter for goods and services, most people who barter say that the effort and time is well worth it. Take some time to look into bartering and join the ranks of those who enjoy living frugally.