Tag Archive for save money

Trading Tips

Suitable for Black Friday a few trading tips from the Barter Kings!

Antonio Palazzola’s Tips
1. Scan the trades. Keep an eye on [...] bartering sites for potential solid deals.
2. Always look over your shoulder. There are a lot of scammers out there. If something smells fishy, don’t go fishing.
3. Trading isn’t something you should just dive into. There are a lot of sharks out there that could take advantage of a novice. Start small either with lower cost items, or practice by trading with friends and using local papers.
4. You don’t have to be an appraiser, but you have to know your item. Your best strategy in a trade is your knowledge on the item. If you don’t know about it, don’t trade with it. If you know someone who appraises, bring them to your trade, if not, a smartphone works just as well. Just jump on eBay and you can get your answers. I use the site to check the prices that items are selling at. Retail and wholesale mean nothing in my world. I don’t deal with mall prices.
5. Always keep a good poker face. The less reaction you show in a trade, the more of a chance you have of gaining the upper hand and trading up.
6. Negotiating is learned through practice. Like anything else, the more you do it, the better you will be at it. Books like “The Art of Negotiation” help to get a good grasp on learning how to talk the talk.
7. Never bring cash to a trade.

Steve McHugh’s Tips
1. Decide if you are going to start a trade for a specific goal/item or just to see what you can accomplish. If you are just doing it to see what you can accomplish, than don’t put pressure on yourself and just have fun. You will be amazed at how far you can get.
2. The most popular and effective website is Craigslist. It just reaches more people than other sites. But you can use a search engine to find bartering websites for your location – a lot of these sites are great.
3. People always like to mention what their item sold for when it was brand new. Even if they got 50% off, they only mention what it was selling for at full retail price when it was new. You have to learn to address this issue quickly and effectively. If someone is willing to trade an item, they do not see a value in keeping it. You have to figure out that reason and justify the trade from there. Sometimes it is easy and sometimes not so easy.
4. If you want to take a trade string far, you can’t always worry about the exact value of an item. Trade value is way different than actual value. If I’m planning on making a trade string work, I like to start with items that people can’t shop a value for – unique items, rare items, or hard-to-get items. I want to trade to an item that I know could be hard to move because I can get it easier if the other trader has had a problem trading or selling the item. When I find the right person to trade it to and they can’t put an exact value on the item, it helps me make bigger value jumps and I can do less trades. But it is harder to do fast and takes patience.
5. When I post something for trade, I make sure to take good photos and be specific about details, but I leave out some information so that the person who is interested will call me. Then I can see where I can go with the trade.

Originally at http://www.aetv.com/barter-kings/trading-tips/

If you’ve never bartered, you’re missing out!

Originally at http://genxfinance.com/barterquest-how-to-barter-everything-you-need-without-spending-a-dollar/

If you’ve never bartered, you’re missing out. Bartering allows you to acquire goods and services without the exchange of money. Here’s how it works. You’re a writer in need of a good laptop. Instead of purchasing one new or secondhand, you find one through BarterQuest, a cashless trading site. You complete your profile, list what you “WANT”, and add writing to the list of services what you “HAVE”.

People with laptops that need writing done for their businesses, can contact you through the site and make an offer. Once you’ve found a suitable laptop, you can make a counteroffer and agree on what you would be willing to write in exchange for the electronic. The other member then agrees to your counteroffer and accepts it. You then make your exchange.

Verify Your Account for Added Security

Every member must go through the verification process before trading. This ensures that everyone on the site has good intentions and will follow through with their exchanges. The onetime fee for verification is $9.99 which is a small price to pay for years and years of bartering. To learn more about the verification process, refer to the BarterQuest FAQ page.

Benefits of Bartering

In addition to being a useful way to acquire goods and utilize services without earning and exchanging money, bartering also offers the following benefits:

1. Provides you with warm sense of community and purpose.
2. Gives you the satisfaction of knowing that useful items are not going to the dump and winding up in the landfill.
3. Offers you the opportunity to build your skill set.
4. Allows you to make use your talents and encourages you to pursue interests that you might not otherwise be able to afford.

Regular barterers agree that a cashless system of exchange is not only better but more enjoyable.

When Bartering Becomes Taxable

Bartering becomes taxable in areas of the United States and Canada if the goods and services that you receive are worth $100 or more. You can refer to IRS.gov for more information about reporting bartering as “income” on your taxes.

Bartering is a great way to stretch your dollars. You acquire the goods and services that you need to make your life easier which frees up your income for other things. Bartering also supports the local economy, allows people to showcase their skills and talents, and keeps goods from the garbage. It’s a win-win situation for all parties involved.

Benefits of Online Bartering

Let’s talk about barter. We all know the concept because we do it all the time. It’s in our genetic program (I believe) to trade and reciprocate. When we were little we swapped sandwiches for lunch, exchanged clothes or accessories, toys and so on. It’s a human instinct to negotiate, compare and trade. Done correctly, it’s a classic win-win situation: both parties gain a benefit.
Bartering is an old concept from the times when there was no currency. You might think now that we have money, things are much less complicated. But in fact they are not. Using money in situations you wouldn’t have to can be a waste. And why not gaining double benefits by finally getting rid of an unwanted item and receiving a needed one instead? By doing so you also contribute to a greener world by conserving resources (basically you recycle).
I’ve talked about bartering in general. Now, what are the concrete benefits of bartering online? Are there benefits at all? And how does that work anyway?
Let me tell you, there are numerous benefits. First of all, thanks to the internet as a driving force of globalization, we can reach people all over the globe – within seconds! This is a very interesting aspect when it comes to trading. The potential group of people you could trade with becomes almost infinitely large. You can basically reach millions of people in split seconds. This brings me to my next point: it’s efficient! There is no longer the need to reach out to people who might have what you want and who might possibly engage in a trade with you and meet them personally. Also, there is no reason to be embarrassed. Being part of a barter network means you’re among like-minded people. We understand people who don’t feel like asking the dentist whether they can pay with apples instead of cash.
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Another aspect that should be considered is the fact that people who join online trading communities come from different backgrounds and join the network for different reasons. This increases the chances for you to find a matching trading partner.
You can basically go online, register (which only takes a few seconds at http://www.barterquest.com) and your successful trade is only a couple of clicks away. You don’t need cash or a credit card, simply ship your item to your trading partner or perform the negotiated service (or provide your Real Estate). Speaking of goods, services and Real Estate: you can barter with all three categories, meaning BQ will let you trade the temporary use of your house with a car or the service of a nanny and so on (you get the idea).
So why don’t you become a member of the BarterQuest network today, make your lifestyle greener, save money and have fun? We’re looking forward to welcome you in our community! http://www.barterquest.com.

Karin

Why barter?

Originally on http://thriftyandgreen.com/content/saving-money-bartering

Few of us are immune to the pressures of living in these challenging socioeconomic times. However, we often perpetuate our struggles to save money by solving our day to day problems through spending. Often it is for the sake of convenience; time is another resource in short supply, so we pull out our wallets and spend. Bartering relies on a completely different type of currency – one of creativity, energy and time. In an ideal situation, everyone’s needs are met by exchanging goods and services of equal value. Not a dime need be spent. Since everyone has something to offer that someone else wants or needs, bartering is something anyone can do. I often exchange favors with my brother, which works well as we each have different skills to offer. Recently, I traded several haircuts for his willingness to deliver and install a dishwasher. We also occasionally need an hour or two of childcare, and enjoy spending time with each others’ kids. Win-win.

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How to Start Bartering

Make a list of skills you have to offer. Think about what you do at work (after all, if someone is paying you to do your job, your skills are worth something). Are you a quick typist and an expert at formatting documents? There is someone out there who could use help with updating a resume. Are you an accountant? Come tax season, everyone will want an hour of your time. Do you troubleshoot computer glitches? Your time is valuable to most of us year round. Now think of services you can offer that don’t require professional expertise. Could you house sit, pet sit, dog walk, de-clutter a closet or entire home, clean carpets or prepare meals? Could you offer storage in your garage or home, or a room or bed to a traveler? Are there things you love to do that you could teach someone else? Did you play basketball in high school and have time to coach your neighbor daughter once a week? Could you teach someone to play bridge or the cello? I bet your energy and time are more valuable to others than you realized. The next step is finding others to barter with. Spread the word among family, friends and neighbors. Use social media to seek out and organize a network of like minded people who want to share skills and time rather than spend money. Create an ad on Craigslist, and search the site for the people interested in exchanging services. Individuals and Business owners should check out bartering networks that have been created to help people and entrepreneurs trade services with each other and other businesses locally, nationally and internationally.

Other Benefits of Bartering

Bartering depends on good will between parties. While you can spend your money anywhere and walk away, bartering requires voluntary cooperation. As you begin to trade your time for someone else’s, you will find yourself living a life of connections rather than a life you may think of as self-sufficient – using money to hire strangers to solve problems. You will find yourself thinking about how you can take care of others as much as you think about getting your needs met. Most people believe in returning kindness for kindness; it’s something we do, like returning a borrowed cookie sheet with a fresh batch of baking. Feeling helpful and appreciated are essential to our sense of well being and self-worth. By finding ways to help each other save money, we can create a healthier and caring society.

Think barter, grow richer!

Originally on http://kofiboahen.com/?p=41

Bartering is fast becoming an increasingly popular business growth strategy. The U.S. Department of Commerce estimates that 20% to 25% of world trade is now done in barter. Corporate barter is now a 20 billion dollar industry (corporate barter is only one type of barter). Everyone from business corporations on the New York Stock Exchange to small home – based businesses are jumping on the barter bandwagon.
Judging from all the emails I received from my previous barter article (if you missed it, you can read it on my blog, quantumprofits.blogspot.com). I intend to really delve into specific barter strategies that companies can easily replicate to lower their expenses and by default boost their profits. These strategies I will be discussing are highly valuable in the sense that they are very practical and more importantly if they are applied properly, companies can rake in millions of Cedis in profits depending on the size of the company’s operations.I have not only discussed the issues but I have included real – life cases of companies practising these barter strategies and profiting immensely from it. My idea is to show you that these strategies really work and that your company can and should also take advantage of these opportunities.

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1) Save cash on capital and operating expenditures
With the right barter system incorporated in your company’s marketing and procurement strategy, your company can save large sums of money. Once your company has clearly identified the capital items needed, be it computers or cars; the company can then contact a competent Barter consultant (BC) to help identify the appropriate swap partners and to ensure a smooth transfer. It usually becomes very necessary to use the services of a BC if the swap is not direct. The BC will usually introduce other parties into the transaction to ensure that the deal goes through smoothly. In the same vein, barter can be adopted in financing operating expenditures at huge discounts. Once the company identifies all key operating cost centres such as internet expenses, telephone charges, fuel charges etc. The company then works with the BC to identify companies who provide such services. The BC will then have the responsibility of ensuring that your company receives what it needs without necessarily paying cash. To do this, the BC will also have to satisfy the supplying company, sometimes this requires the introduction of a third party who wants your products and has what the supplying company needs. To illustrate, recently a client of mine (a major player in the media industry) financed large portions of its capital items including cars and computers and also key operating expenses such as yearly internet services as well as end of year employee gifts (flat screen TVs) through barter. The company thus saves millions of Ghana Cedis by adopting this system of business.

2) Vastly expand your available advertising budget without any cash
An international air courier company in competition with Federal Express hired a barter firm to help finance its entire advertising campaign. The barter firm secured the advertising for the company and paid not with cash but in air courier credits. The barter firm’s job in this case was to convert the credits into cash (only to new non – existing clients) for onward payment to the media house. In the end, the courier company enjoyed its advertising up front, kept its cash reserves intact and more importantly lots of the cash conversion barter sales (some of which were Fortune 400 companies) have continued to use the air courier on a full–cash–paying basis long after their barter credits were used up. So far, in the eight years since the original trade was done, nearly 24 million worth of resulting “cash continuation” business has occurred as a lucrative “by – product” of the initial one – time barter transaction.
Whiles this example is foreign, it is entirely practical in Ghana. For instance in the last couple of months, my company (QuantumProfits Consult) helped negotiate a barter advertising deal worth over GH 80,000 carried out by a major furniture outlet across different media without a cedi changing hands. Apart from the company enjoying increased business, brand awareness and recognition from the advertising campaign, it has also enjoyed lots of referral business from the customers who bought the bartered goods from us thus leading to huge residual benefits for the company.

3) Finance rapid growth without cash
Carnival Cruise Lines, a Florida based cruise line, which is now one of the largest cruise lines in the world started with a single ship and very little operating capital. The company through its barter agency traded empty cabins for radio, television and newspaper advertising in 100 cities over a ten-year period. The underlying philosophy was very sound. First, the cost of an empty cabin once the ship sails is minimal. Second, the passengers usually spend considerable cash in the bar, casino, gift shop and shore excursions, thus the net cost to the cruise line to fill an empty cabin was literally zero. Stated differently, they made massive profits off the bartered cabins being occupied instead of going out empty.
The strategy yielded huge dividends; they used the technique to become one of the largest cruise lines in the world and continuously advertised in 100 cities for more than 10 years without ever paying cash. More importantly the company generated over a $100,000,000 in revenue. The owner of the cruise line is now on the Forbes billionaire list. It all started with one thirty year old ship and heavy barter advertising.
This strategy is very practical for companies within the hospitality and airline industries which have very perishable services. With the right barter strategy in place, such companies can advertise very heavily to raise more revenue during the yuletide period as well as create a strong brand in the long term. For hotels in particular who usually shun advertising as a result of revenue difficulties, barter is a wonderful option. This is because, apart from the fact that they can now get the all the advertising they want without paying in cash, people who purchase the barter credits still have to buy food from the restaurant as well as pay for other services the hotel offers, hence generating more revenue for the hotel.

4) Continuously generate a steady stream of profit at far above close – out prices
A major Japanese auto manufacturer had 1,000 cars that were in the U.S. that they had been unable to sell. With the help of a barter agency, the company bartered the cars to radio and television stations in selected markets at full retail prices. The advertising credits was used to introduce a new sports car that become a runaway success but which the company could not afford to previously run advertisements for.
The bottom line, the cars were sold at full retail prices and millions were saved on the advertising schedule and the introduction of the new sports car became the basis of a blockbuster success for the auto manufacturer due to continuous brand awareness and visibility as a result to the advertising credits it acquired solely on trade.
This barter strategy is also very practical for manufacturing concerns as well as importing companies, who may usually have a need to move out old stock to make way for new stock or new models. Rather than sell at heavily discounted prices which can create holes in the company’s account statements and create problems with stockholders, barter may be a smarter option which allows the company to sell at fair prices without affecting the company’s brand as well.

5) Employee and stockholder benefits
Many companies issue employee and stockholder benefits in barter either for the company itself or for other bartered goods or services they have acquired. Christmas presents, sales bonuses, customer inducements can all be given without using cash. For instance, most of my clients do not use cash in buying Christmas presents for their staff. My outfit is very busy now bartering from flat screen TVs to hotel credits to be given to various employees for their wonderful service during the course of the year. Honestly, your company can and should be doing same.
Truth be told the barter strategy is no discriminator of businesses, as long as your company produces a product or a service that has value to a certain customer group, your company has what it takes to cash-in from incorporating barter in your marketing and procurement strategy.
After reading all these specific barter strategies and the accompanying examples, I’m sure you are wondering which strategy is right for your company. Well that’s the million dollar question. Finding out the best strategy for your company and implementing it properly could see your company slashing its cost down significantly and automatically improving profits. As I usually say, nothing substitutes for good professional advice. It is time to have a chat with a competent BC. The BC will help you find a good barter strategy as well as integrate it in your system with little difficulty so as not to completely upset your established organisational plan. Trust me, if you really want to get on the barter bandwagon, that’s the best advice you should heed to.

Yes, it is good to barter

Originally on http://www.barter-blog.com/

Karen Morath of FlyingSolo asks, “Is it good to barter?” and concludes that barter, or as she also calls it “contra deals”, isn’t worth the trouble. Here’s part of her reasoning:

But that’s nothing compared with having to tell your would-be accountant that he or she needs to work for three hours at their rate of $85 per hour as a trade for one hour of your time at $275 per hour.
I’d have to suggest that if you’re having a hard time convincing any customer, barter or cash, that your time is worth $275/hour perhaps it isn’t. On the other hand, if you’re selling out your time with none to spare at $275/hour cash, then she’s right – barter isn’t for you or at least not at the apparently undervalued price of $275/hour.

Barter is great for a number of reasons, including selling excess inventory (whether it’s a product or your own time and labor). If there is no excess inventory and for whatever reason you are satisfied charging a less than market clearing price, barter probably isn’t for you. On the other hand, if you can’t sell your time for $275/hr cash at least a good percentage of the time, barter isn’t the magic bullet that will allow you to get a more than market price. What it can do is create a win-win situation where another business that will need your product/service will get it from you rather than another similarly priced provider.

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And then there are products, another complicating factor. If you seek to exchange your products for someone else’s services or your services for someone else’s products, should the product price be at retail or wholesale or cost?
This is a little tougher, but again no reason to avoid bartering altogether. Gnerally speaking, if one party wants to price at retail, both should probably price at retail. But there are certainly situations where that isn’t appropriate. If, for example, you are in the wholesale business and are bartering a large lot of fairly low unit cost items (say 1,000 boxes of candy that retail for $2) and trying to purchase something where you are the retail consumer (say a new car), it may be appropriate to barter on a wholesale-to-retail basis. The points to consider are each parties end use and each parties business model. In other words, will your barter counterpart eat 1,000 boxes of candy himself or will he distribute them one at a time to consumers as giveaways at his car lot. If you want to dump 5,000 boxes of candy that are a month from their sell-by date, you may even barter below cost. In that situation, any return will beat throwing them away, especially if your car dealer’s giveaway puts your name in front of the public, too.

Whether it’s a service or product, barter is more complex than simply calling a toll free number and giving them your credit card number. Indeed, that’s why most transactions aren’t barter. Currency is one of the great inventions of modern humans and a giant leap forward over having to barter in every single transaction. That’s one reason most barter experts recommend limiting barter to a fraction, usually around 10-20%, of total sales. Barter can’t and shouldn’t be expected to replace cash transactions, but it’s still a great way to turn excess inventory into cost savings. Handling the, relatively minor, complexities of pricing and negotiation and the somewhat more complicated problem of matching needs is just one way that the smarter business owner will compete with those who avoid barter. The question is whether the business owner who’s afraid or unwilling to compete in this playing field will do much better in others.

Tight Budget? Barter!

Originally on http://dangerouslee.biz/2011/12/12/tight-budget-barter/

As much as solo parents face emotional problems dealing with the absence of Dad (or Mom, if the solo parent is a widowed or custodial father), not all problems that challenge solo parents are of the interpersonal variety. Some are practical…like the shortage of funds that is frequently more severe in a one-parent family.

These days it seems that everyone is feeling the pinch…but, as usual, the problem tends to be more severe when there is only one wage-earner, and especially when she needs to also pay for child care while she’s out earning those precious dollars. But even if your kids are old enough that you don’t need daycare or after-school care for them, money is likely still an issue.

An old-fashioned approach to this problem still is very valid in today’s society: barter. And it solves not only financial issues but other issues as well, such as a shortage of time or talents.

Shortage of time? Yes. Suppose you feel you don’t have the time to clean the house thoroughly every week and work 9-to-5 and help the kids with their homework and cook nutritious meals and balance the checkbook and pay the bills and spend at least a little quality time with the kids…never even mind having some “me-time” just for yourself? What if you could get someone to clean the house for you? Or cook dinners? Again, money figures into the equation: Most any service is available for those well-heeled enough to pay for it, but you may not be related to Donald Trump or have access to Warren Buffet’s wallet.

You can barter for the services you need. Is there something you can do, create, or otherwise trade for the services of someone who can in return clean the house or make dinners for you? Now, of course it’s likely to take some of your time to perform the service you’re trading, but maybe that will take place at a more convenient time for you. Maybe it’s not that you lack time altogether to do the task you’re looking for help with. Maybe you just don’t have time to make dinner when you first get home from work, if the kids are little and you want them to be in bed early, but you have time later in the evening during which you could do some sewing on your machine for a friend in trade for her delivering prepared home-cooked dinners for you five days a week. Or maybe your workday ends at 3 PM and you could watch the kids after school for another friend, along with your own kids, in trade for her cleaning your house thoroughly on Saturdays while you go out grocery-shopping and doing errands.

Shortage of talents? Yes. Maybe your problem isn’t a shortage of time so much as a lack of skills at sewing the kids’ clothes, painting the house, grooming the dog, or doing some other task. Again, these are skills that can be hired if you have ample money at your disposal, but these days few of us do, especially solo parents. So rather than strain the budget, botch the job doing it yourself, or go without, see if you can barter.

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Finding a bartering partner

How do you find a bartering partner? Start with the people you know. Who among your friends or acquaintances can create or repair those clothes, clean your house, install that new garbage disposal, paint your living room, groom your dog, or perform whatever other task you need? Be ready with an offer of your own in return: What can you offer to make or do for this other person? Have several suggestions in mind in case the first one is rejected. The person you tap to barter with may be amenable to a bartering arrangement in principle but not in need of the first thing you suggest trading for. If Sonja is willing to clean out your garage but doesn’t want an apple cake every week for four weeks in return, what else can you offer her in trade? Can you tutor her son in math? Can you help her write her résumé if she’s seeking a better job?

If none of your friends or acquaintances is interested in bartering or is able to provide the specific service you need, enlarge your scope. Try advertising on CraigsList, on a community bulletin board (literal or online), using word of mouth (asking friends and acquaintances whom they know who might be able to provide the needed service), or you might even consider setting up a barter exchange organization in your community and becoming your own first client.

Too, if the service you want to have performed for you is something that might be performed by a business owned by a sole proprietor, try approaching the business owner with a bartering proposition. If a company is a Megacorp-type with a board of directors and stockholders (public or privately held), forget about it. But remember, some corporations and LLCs are simply legal protection sheltering a sole owner or, perhaps, a pair of partners or a mom-and-pop operation. So don’t let the fact that Pete’s Plumbing is owned by Plumbing Specialists, Inc. dissuade you from making your proposition to them. The sole stockowners in Plumbing Specialists, Inc. might be Pete and his partner or Pete and his wife…or just Pete himself.

In this tight economy, Pete’s Plumbing, Housepainters Deluxe, and various other service providers are likely struggling to make their own ends meet, and while they’d love a cash-paying customer, if you can provide a service (or item) in return for their services, and it’s one they want or need, they may be very happy to be able to get it without a cash outlay. Can you design or write advertising materials for them, clean their offices, write a commercial jingle, or provide any other service for their business (or possibly for their home), in return for their doing some work for you?

I have heard from more than one person whose father was a doctor in “the old days” and accepted chickens or slabs of bacon in payment for their fees. While it’s rare anymore to find a physician who’ll barter his or her professional service for other services, let alone for food, many other types of service providers may be agreeable to that kind of arrangement.

You never know till you try.

Bartering—it’s an idea from the past whose time has come again, and it can be a particular boon to the solo parent with just one household income and one set of skills (yours) in the home. Try it.

Revenue Down? Bartering Is on the Up!

Originally on: http://careertips.fullblog.com.ar/revenue-down-bartering-is-on-the-up.html

A drastic change in the economy calls for businesses to adapt in order to keep afloat, let alone make a profit. Redundancies, reducing overheads; you know the types of things! The great thing is, businesses can keep “open as usual” thanks to bartering. It’s nothing new, in fact, before a monetary value was put to note and coin, that’s how the world worked. So is it time for bartering to come back? It already is!

You wouldn’t know it, but bartering is big, on a world wide scale. There are barter networks full of thousands of businesses, all looking for the next good trade; but why!? Barter makes use of something that almost every business has; idle resources. If a business has idle resources, there is room to make or save money using bartering. By thinking outside of the box, businesses can start to get their revenue figures back on track. Idle resources could be anything; it really depends on the business. A web design firm may be paying staff 8 hours a day, but only have enough work for 6 hours a day. A camping wholesaler may have gone a bit crazy with the whole “economies of scale” approach and been left with 1,000 extra sleeping bags; items they might never sell! Using the barter system, they could do a two way exchange and swap goods/services they don’t need, for ones they do. Sounds simple? Not always!

Barter networks are great things. One of the main problems with the barter system is a business may find another business offering what they want, but the feeling is not mutual. The transaction will never happen without a facilitator.
Most barter networks have something called “trade dollars” and this is what helps them become the facilitator. So if a business charges $50 per hour for their time and barters 10 hours services, they are gifted 500 in trade dollars. They then use those trade dollars to purchase goods/services in the barter network that they require. A lot of businesses barter their goods/services out at a lower rate, to ensure they are running at full capacity. They pick up extra business (possibly even long term clients), but this has no direct affect on the consumers that pay the sticky prices they offer on a day to day basis.

Business is changing. Cash sales might be down for the majority, but this can be easily compensated by getting involved with bartering and making use of those idle resources!

Bartering in order to save money

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.

Part Three: A New Experience For Your Child: Going To Kindergarten!

The time flew by: it seems like yesterday that your kid learnt hot to walk and now you have to watch him go to kindergarten for the first time. Many things will change again: your child will change. You have to learn to let go and also become familiar with the new situation.

It’s about time again to get new things for your child; like a backpack, lunchbox and their first bike. But all of there things are only odds and ends compared to the experience you and your child will gain.

Recognize and appreciate the kindergarten milestone. Kindergarten may symbolize the ending of your child’s complete dependence on you, but also marks an important beginning. It’s a very exciting time in your child’s life and also for you. After years of cutback you finally have time for yourself again.

See how BarterQuest can help you through this next stage of your life.

See what BarterQuest has to offer for this occasion:

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