Tag Archive for services

Bartering to Save Money

Posted on March 18th, 2010
Originally posted by Renita Perrone

In tough economies such as we are currently experiencing, a good way to save some money is to barter for services. Many years ago, people bartered for services far more than we do. Remember when watching TV shows, like “Little House On the Prairie” where the town doctor was overrun with chickens because that is how people would pay him!

There are so many ways to barter. Maybe you don’t have what you consider to be a special skill. But we all have some abilities that others may want. Perhaps it is handyman work, cleaning houses, detailing cars, babysitting, bookkeeping, lawn care, etc. Or maybe you have a green thumb and love to garden.  Many people end up with more veggies than their family can use. Others would be thrilled to have home-grown produce!

Another idea is group bartering. Instead of trading child care with the same person each time, a group of moms got together and set up “barter bucks.” They each can start off with a certain number of “barter bucks” and determined a set value for childcare. When they needed childcare they would find someone else in the group that they could “pay” to watch their kids. But, if you ran out of barter bucks, that meant you weren’t doing your share and now couldn’t ask one of them to do childcare for you until you had earned barter bucks by watching someone else’s children. This type of system could easily be set up among a group of people with varying talents/skills.

There are many options for bartering. It’s all about thinking creatively, and being bold enough to ask someone if they would be willing to trade services. In some cases, you may be able to barter for the labor, but have to pay for materials. But keep in mind that labor often is the most expensive part of any bill.

Bartering is back!

Posted on February 23rd, 2010
Originally posted by Christina Wedberg

Throughout the history of mankind, when the availability of currency goes down, the practice of barter exchange goes up. Barter is a method of trade, where goods and services are exchanged, that are equal in value. Whether for work or for personal gain, anyone who has something of value to trade can be included in the bartering system.

Different kinds of barter groups are becoming more and more popular today. Some kinds act as intermediaries, like online barter clubs, which have developed a system of units of value that are equivalent to a monetary system. This system of units is known as trade dollars or barter dollars. Trade dollars can be accrued and redeemed for services offered through the barter club.

For others, barter occurs as a direct trade using similar goods in demand such as vacation houses or wedding services. Each person’s services can be mutually swapped for other services of equal value.


Bartering For Bridal Goods and Services

Bartering with local businesses has also seen a rise in the wedding market. People with professional skills or their own small businesses are targeting businesses in their area for wedding goods to barter. By planning wedding outside of the peak periods of May and June, potential barterers and vendors are more likely to trade because business may have slowed and there is extra inventory in stock. Also, getting married on a weekday rather than Friday, Saturday or Sunday will increase the chances of saving money.

Bartering Is Here To Stay

Overall, bartering has become an excellent way to exchange goods, services, and real estate in these days of low cash flow. People have begun to think out of the box in their endeavor to attain the things they need and want. The age old practice of bartering never really went away and as long as there are people with wants and needs, bartering in some form will continue indefinitely.

Don’t Go Bust, Barter

Posted on December 16th, 2009

Bartering is a system of trade that predates the use of money, whereby you trade your skills, services, or products for something you want from someone else.

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About 25 years ago, during a recession in the early 1980s, a lot of bartering clubs sprang up, so people who were out-of-work or having financial problems could increase the funds available to them. Once people joined the group, they could turn their skills, services or products into points; then others could employ them or purchase their products using the points they had accumulated in their own accounts. And if no one wanted to use one’s skills, services, or products, they would accumulate negative points up to a cap, until they found a way for others to want what they offered.  Through this system, these clubs sought to achieve a fair balance between what people were getting and giving.

Back then, I met several people at business and networking groups who had organized these systems, and for a small amount of real money, people could join. Though I didn’t join myself, since I didn’t need the extra cash at the time, I met a number of people who found these systems of great value, and also met several entrepreneurs who set them up. Later, as the economy recovered, interest in these clubs declined in membership and many closed down as people rejoined the mainstream economy.

This seems to be a good approach to renew today, whether you organize a bartering system or join one.

As an organizer, think of running a barter service as a new business, which can be very successful if you have the skills needed to run the business, such as a good head for figures, an attention to detail for everyday operations, and good communication, marketing, and sales skills to promote the service.  You will also need a minimal number of people with different skills in your local area, so members can offer a wide range of skills, products, and services for an exchange.

If you simply want to participate in bartering, you might do this directly by offering an exchange with your own contacts or try posting whatever you are offering on one of the social media sites like Linked In.  You can also tell people in your list of e-mail contacts what you are offering and what you want. Or join a bartering service to list your skills, services, and products and describe what you hope to gain in exchange.

To determine what to list, think about what you have done in the past and list what you can offer that might be of interest to someone else.  If you have a lot to offer, divide up your skills, services, or products by category and post them separately.

Barter Your Skills!!!!!


Posted on December 9th, 2009

This is probably one of the best ways of saving money. Everyone has their own strengths.

I had a small leak under my sink that decided to soak some things today. My husband was at work and the valve thing wasn’t doing much. I called my neighbor, who happens to be a plumber and he came and fixed it up for me. Don’t ask me what he did because I have no clue.

My husband is amazingly good at computers. He can fix anything. My neighbor has been having issues with his computer. My husband has offered to fix it before but I don’t think he wanted to bother us with it. So I told him he now has to bring it over to be fixed so I can pay him back. I don’t have a ton of money but we do have some knowlege. I have also traded photography services for things as that is my area (although that is another of my husband’s areas too. The man is good at everything, I swear)

So network and use your talents and you can get some things done.