Do you barter?

This was originally a  quicktip, but became a full blown post.

For many of people, the economy sucks. Do you know the difference between a recession and a depression? A recession is when your neighbor loses his job, a depression is when you lose yours. I’m not sure where that originated but Howie Carr at WKRO in Boston says it all the time.

If money is tight, have you considered bartering? I actually do a lot of bartering. As an accountant, I have a service people need and people have services and products that I need (remember all barter transactions should be counted as income for your business for tax purposes). You can offer to trade services with a business or with people in your community. I also trade books with people all over the country through PaperBackSwap and just this week I found a site called SwapTree which allows you to swap books, cd’s, movies and video games.

You might think you have nothing to barter, but you would be wrong. You can barter babysitting services, lawn care and repair services, cooking services, looking in on an elderly neighbor, music or singing lessons, gardening services, computer lessons, painting classes, and heavy tool loaning, just to name a few. You could also do any of these things to make a bit of extra money as well.  Consider making a flyer for your services and distributing it around your neighborhood. At the bottom of the flyer, put “willing to barter for the following services” and list what you need.

Craig’s list has barter listings and many freecycle groups will allow bartering requests in their cafe. Check with your freecycle group for rules.

Do you barter?