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Better Living > Frugal Living > Advice on February 07, 2012

Bartering for Goods and Services

bartering hand shakeBartering can be a great way to get the most out of things you own, make or services you can provide. Bartering also keeps the value of those goods and services in your local community. This is a guide about bartering for goods and services.
     

Solutions: Bartering for Goods and Services

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My Frugal Life: Bartering for Vegetables

A bucket of eggs and eggplant. I got an email the other day about a quote I had made on a magazine site. It referred to bartering. I never really thought about it as it had been posted a few years ago. My Frugal LifeNow thinking back I can say, without a doubt, our lives were blessed in many ways from bartering. We traded garden vegetables such as beans for corn from a nearby farm. We also got milk from their vat. (They are dairy farmers.) I loved helping milk the cows even with today's technology.

A lot of things I bartered with. Apple jelly became one of my biggest items. We got all kinds of things for a jar of apple jelly. Apple butter, pumpkins (which would never grow here), cherries, green apples for pies, chicken feed, hay, and smoked meats. We always had enough garden to go around to our family and also feed some elderly folks. Most people were interested in tomatoes and green beans from the garden.

We use to put up enough green beans to get us through the winter months. There being 7 of us we had to have a lot of beans. When one crop came in we pulled the beans and replanted them sometimes the very same day. We usually had 4 crops per season and two spots in the garden especially for the beans.

Tomatoes seemed to love our garden. We would get bushels and bushels of tomatoes and make them into tomato sauce or just can them for the winter.

Squash was also canned and put up for the winter. We have a recipe for a soup that calls for both yellow and zucchini squash so it was easy to make by just popping open a mixed can of squash. We had chickens also and they produced enough eggs for eating as well as trading. Eggplants were big too. Sometimes I'd make up eggplant Parmesan and freeze it so it could be quickly baked. Those were wonderful days. Good eating and healthy eating all in one.

The children have all left home and are on their own now. They still come by and grab a can of green beans or tomato sauce. Seems times were a little easier back then; and yes we do still garden. Bartering can really save you lots of money if you can find people to trade with. In today's economy a few dollars goes a long way when you learn you don't have to buy things you can barter with.

By Gem from VA

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Bartering Cleaning Services

I'm cleaning a club house for a fancy housing complex for just a little pay and full use of the amenities. This is saving a ton of money because this particular one I'm doing right now has swimming pool, pool table, movie theater room (that shows regular movies), tanning bed (which I don't use but could) and a full gym.

They are saving because I'm cleaning for a less amount than the going rate but I'm getting other stuff also. When we leave from this area (which will be soon to travel to the next job), I already have a new friend very excited to step in. She said she had never thought about doing this before. I plan to find another complex in the next place and do the same thing.

By Notwrong

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Bartering: The Wave of the Future

bartering hand shake Well, all the economists are talking about recession and I don't really know what that big fancy word means. I do know with rising gas prices and with rising food prices that times are hard for all of us. I do know being a fan of history that bartering is something we should all think of again. Back in the olden days, people did not have a bunch of cash and what little cash they had needed to go for food and other necessities and not for luxury items. Nowadays, we live in a disposable society where we throw away good useable items everyday. Even during the Great Depression, our ancestors knew that bartering was a way to survive with little or no cash.

I have been working on this idea for a couple of months. Bartering will be the wave of the future if our economy continues on it's downhill slide. Cash is something that right now is on the short side and anyone who can should consider bartering for the things that they need. So when you do your spring cleaning, instead of pricing everything for a garage sale, why not think about bartering some of your un-wanted items instead of selling everything!

What is Bartering? Well, call it swapping or trading or bartering, it is all the same thing. The idea is that no cash is spent on any item. It is like when we traded baseball cards, you have Mickey Mantle, and I need him so I trade you one of what I have that you need. You can trade clothes or household appliances or services or those extra zucchinis that you know will flood your garden this summer. Swap your handmade items for other handmade items and you will have a small start on Christmas without having to spend a dime of your hard-earned cash. Trade plants from your garden for other plants. Trade left over 2x4's from your last project for a basketball hoop for the kids. You just might be surprised at the deals that you can make.

The trick to bartering is knowing what you have and it's worth and knowing what you need and it's worth. Now that can take a little research but if you enter into bartering with a little knowledge, bartering can be fun. Admit it, when you get something for something you no longer need, it can be very satisfying. Check out E-bay and the Internet for going prices for your unwanted items, your local library will also have books on collectibles. Remember, you need to put a monetary value based on real value not sentimental value.

Back in the 1970's here in Colorado Springs, we use to have a program on the radio called "Swap Shop" where callers could call in and tell the DJ what they had to swap and what they would like to swap for. No selling was allowed, it was swaps only. If you had something you wanted to give away, you could list that too.

Now with Freecycle, we have the same (sort of) thing but why not start your own swap shop between you and your friends. You don't know how many times in the course of everyday conversations have I heard "I need a vacuum" or "I need some yarn" or "I need a certain book" and it was something I had just donated or given up on Freecycle.

Now you can swap between friends and family or you could start a bartering club. To do that you could ask all your friends and family to invite their friends and their family to join. Once you get the ball rolling, you will be amazed at how many people will want to join. This could easily be accomplished by one person posting everything up for swaps in an email once a week with the email address of the person swapping it and let anyone who wants to swap contact that person. But I would have a few rules, like absolutely no selling, only swapping and no fighting. I mean spirited debate on the worth of something is good but, since this is friends, family and colleagues, you would not want friendships to end or there to be strained relationships.

Another good tip would be to maybe list a monetary value that the person sets himself so that another person would know approximately what they would need to swap to gain what the other person has. If it is right up front then there can be no arguing. Get everyone together if you can and discuss what kind of rules you want to have and what you would not want people to swap like the rules for Freecycle. Generally, they don't allow giving away of guns or drugs or other illegal things. Elect someone to do the emails and have fun with this. Give your group a silly name and be light hearted about it.

If you decide to swap services like housecleaning and babysitting, make sure that you have an upfront monetary value for your service so that swapping can be fair and equal. Swapping services can be harder than swapping real goods so you want to make sure you really know what the going price is for your service.

Really, bartering is no harder than negotiating with someone at a yard sale for a better price. You put out there the price you would like to pay and hope they will come back with an offer somewhere in between. It is the same thing with bartering. I hope this helps you to make the most of your unwanted items and that you make some great deals and most of all I wish you fun!

By Debra Frick

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Barter When Possible

My husband and I save hundreds of dollars every year by bartering. We farm, and have quite a few wooded acres. Several years ago, a tornado came through and took out a lot of trees and more large limbs. Since then we have had someone cut and split the wood, and we get a part of it. We provide the wood, they provide the labor.

We do the same with hunting land. People hunt on our land and split the meat with us. In the past, I have also provided sewing in exchange for music lessons, and traded childcare with another mom.

By April from NW, MO

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Consider The Advantages Of Bartering

Always consider the advantages of informal "bartering". I have sung for my brunch at a local bistro, and played in exchange for use of an instrument or for a set of strings. A friend helped me paint my apartment in exchange for me acting as his unpaid research assistant. You get the idea.

On the one hand, it's just an exchange of favors among friends, and as such beneath any tax radar, and on the other, a real way of using your talents and resources to the best advantage. Physicians have been doing that for years, offering special rates among themselves to other members of the profession.
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