Bartering to Save Money

We’ve heard of bartering but most people seem to feel uncomfortable trying it. I know it can be intimidating, but there’s a new book “The Art of Barter: How to Trade for Almost Anything” that gives you some tips.

Listen: Keep listening to what others need or want, say the authors Karen S. Hoffman and Shera D. Dalin. Take a chance and ask them if they might consider bartering.

Be Creative: Consider bartering tutoring, housecleaning, hair cutting and other skills. Don’t limit it to just objects.

Make a List: Write down potential barters and then you’ll be ready.

Be Proactive: See if you can create a babysitting co-op. Or you can organize a neighborhood barter party to help you and others save some money.

Persevere: Don’t give up if someone turns you down. Wait and try again, suggests the book.

Think Big: One couple discussed in the book bartered for their first home and offered to make the needed repairs in exchange for living in it rent-free. After six months, they saved enough money for a down payment!