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Barter – Facing Economic Hard Times? Try Bartering

By: ebusinessmom Category: Save Money

 

Barter…How To Barter During Difficult Economic Times

Bartering Can Be Of Trementous Benefit To You…
 

Barter

Whether you are a business or family feeling the economic pinch, bartering can be of tremendous benefit to you. Bartering is definitely not new. This is something that was once a way of life centuries ago. So what is bartering? To barter is to trade items with others without paying any money…pretty much a fair trade. The article below from the AARP.org explains in further details what bartering is and how to go about doing so.

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Short on Cash? Try Bartering

If you don’t want to pay full price, negotiate and barter for what you want.

by: Jeff Yeager | from: AARP | December 8, 2009

In this tight economy, bartering is making a major comeback.

Bartering Web sites and online bartering clubs are popping up on the Internet like cheapskates showing up for triple-coupon day at the supermarket. Craigslist reports that classified ads for bartered items posted on the Web site are among the fastest-growing listings since the recession started.

By swapping goods and services instead of paying for them, more and more people are getting what they need without ever opening their wallets.

What’s more, trading web sites are evolving. Cropping up are several that specialize in specific types of items, such as used books (PaperBackSwap.com and BookMooch.com), clothing (Swapstyle.com and RehashClothes.com), and even children’s things (TotsSwapShop.com and Kizoodle.com).

And if you don’t have any unwanted stuff to swap, why not try trading your time? “Time banking” is increasingly popular online and in communities around the country. Time banks allow you to trade your time, whether you’re an experienced computer programmer or just someone willing to wash someone else’s car, for other services and goods you need. See TimeBanks.org and Favorpals.com for more information.

Bartering can be fun and save you a bundle. Here’s what you need to know before you start swapping:

Swap online: Search under “barter” on sites for services, products, and jobs—sites like Craigslist—and you’ll be surprised by all the swapping going on. Online bartering clubs, such as BarterBart.com and uSwapit.com, also facilitate trading. In many online clubs, you swap for “credits” or “trade dollars” as opposed to actual goods and services. This point system gives you the flexibility to redeem your credits when the desired merchandise or service becomes available. For example, a house painter might receive 500 trade dollars for 25 hours of his services. He then could exchange those trade dollars for a used washer and dryer offered by another club member.

Learn the ropes: If you’re not comfortable with cyber-swapping, old-fashioned face-to-face swap meets are great places to catch the bartering bug. Find a swap meet near you at ListingFleaMarket.com. Since admission to most swap meets is inexpensive or even free, going to them also makes for an affordable and entertaining family outing.

Barterers beware: Check merchandise carefully, and confirm services in writing before agreeing to a swap. If you’re dissatisfied, recourse could be difficult or even impossible.

Don’t come up empty-handed: Turn over merchandise after you have received the agreed-upon services, or swap goods or services simultaneously.

Be aware of taxes: The IRS generally requires barter transactions to be treated in the same way as cash exchanges for income tax purposes. The agency is becoming more interested in monitoring bartering transactions, particularly business-to-business exchanges and online bartering clubs. Exchanges of goods and services between individuals are subject to the same tax provisions, but it’s clear that many such transactions go unreported. Consult IRS Publication 525, and a qualified tax professional, to better understand the tax consequences of your specific bartering activities.

Reference: http://www.AARP.org

Following is a list barter websites:

1. You can trade, swap barter stuff at Whitewilly.com.

2. One of the best free bartering sites online: SwapTreasures.com.

3. Swap

Following are a few more barter websites:

BarterQuest.com

AARP.org/Savings-Challenge

You can also Barter in your local area:

Go to Local.com and search for barter services using the search box on the site.
www.local.com

I truly hope that this was helpful to you. If you have any questions, please feel free to click on the “Contact” tab above to ask your question. We will get back to you within 24-72 hours.

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You can start your own bartering business…check out the resources below for more information:

1.  Fun and Profits! Here’s How To Start Your Own Bartering Club.

 

2.  Click Here To Download WP-Barter…A WordPress Blog Barter

Plugin.  Just Add To Your Blog And Start Your Barter Business.

 

3.  Click Here To Start Your Own Bartering Business With This

Virtual Barter Software 

 

 

 

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12 Comments to “Barter – Facing Economic Hard Times? Try Bartering”


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  10. There are some interesting points in this article. Good article , thanks and I want more!

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  11. Barter411.com is for people who have chosen a more simple, independent, and sustainable lifestyle…because a growing number of people are coming to believe this is a better way of life.
    It is for people who want to get acquainted with others in their local area, form a social-networking community of common values, and share in the fruits of eachother’s vision, knowledge, and labors.

    11


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