The Basics of Bartering

Bartering is not anything new; people have done it for centuries. Simply put, the process of bartering involves exchanging something you own for something you need. In the best of circumstances, both parties are happy with the exchange and are likely to engage in the activity again. Given today's economic climate, this time honored transaction deserves a second look.

While everybody needs new clothes from time to time, that doesn't mean you have to run out and spend a fortune at some store. Instead, organize a neighborhood swap. Gather up all your clothes that are too big, too small, or that you never wear. Exchange some of your unwanted garments with those brought in by others who are participating in the swap. Any leftovers can be saved for the next swap, or donated to charity. The end result is you have clothing that is new to you, and it didn't cost a cent.

The same principle applies to DVDs, CDs, game software, and other entertainment items you have around the house. Get with a group of friends and allow everyone to exchange something they don't want for something they do. This time honored system works great and allows everybody to enjoy something different with no added cost.

Consider bartering services with neighbors and friends. For example, you may be lousy when it comes to making a birthday cake, but the neighbor two doors down is great at it. On the other hand, he or she hates to dust and vacuum, something you can do in your sleep. Offer to clean your neighbor's home in exchange for baking and decorating a cake for some upcoming special occasion. Everybody ends up happy with this deal.

No matter who you are, there is something you own or that you can do that will make life easier for someone else. At the same time, you can get something out of the deal that will make life better for you - all without anyone spending any money. Do some brainstorming today with friends, family, and the neighbors; you may be amazed at what comes out of those discussions.