Today’s tip is in regard to a recent phenomenon taking hold again in our wonderful nation…Bartering.
I don’t know where the craze started to get big, but I imagine it started because of job losses and the economy slowing down. People need or want things and services, and bartering is a great way to get what you need or want without having the cash on hand. Craigslist is a great place to see modern day bartering in action. Here you can find computer “geeks” willing to fix your computer for other goods or services, or a hair stylist willing to cut/highlight/style etc. your hair for goods and services. I personally know of a hair stylist who trades her services for personal training sessions with a trainer. She wants to get in shape and the trainer needs a haircut…works out perfectly!
How to do it: Make a list of things you are competent at doing. Now, list yourself on websites like Craigslist, BarterQuest and U-Exchange. Hopefully, someone will look you up and have something you want in exchange for what you’re offering, or will be willing to buy something for you in exchange for your service.
Some precautions:
- Be sure to have an agreement in place before the trade begins, so everyone is clear on the terms and no one can back out on the deal. If you can get something in writing or an email, that is even better!
- If you see inappropriate behavior, report it. You could be saving someone else from a scam.
- Try to barter locally, if you can. It’s better for your local economy and people will think twice about committing fraud so close to home (we hope).
Good luck and happy bartering!