Thursday, January 28, 2010

Bartering or how to exchange goods and services without cash



In our Buying your meat locally post I discussed how the Hubster barters his time and labor in exchange for free turkeys and low cost chickens.

Other ways we've bartered include:

- bartering our labor for free fruit. Our neighbor regularly brings us gleaned fruit and we dehydrate or can it and give a portion back to him. We barter our labor and the use of our equipment for fruit.

- bartering my labor and craft supplies for other handcrafted goods. I love to sew and regularly participate in craft swaps where I'll sew up toys or other items and barter them for the work of other women. I've received hot pads, tutus, felt toy food, doll clothes, doll blankets, embroidered bookmarks, crayon holders, tote bags, tie-dyed clothing, and all sorts of neat handcrafted items by bartering my handcrafted work.



- bartering food for food. We've bartered venison pasties (a meat pie) for locally produced maple syrup in the past.

- bartering labor for food. The Hubster regularly barters his labor for free range chicken eggs.


Bartering used to be a common method of exchange but over the years Americans have moved away from it and now most of us use a cash system exclusively.

So how do you get started in bartering?

For us the first step was to find other people who are interested in bartering. We just suggested the idea to some local folks who we thought would be receptive to the idea and we negotiated what both parties agreed was a good exchange.

When bartering with people you don't know it's helpful to know the fair market value of what you are offering and what you hope to receive. In the handcrafted goods swaps, for instance, we'll use online shopping sites like Etsy to determine what the value of our handcrafted goods are and then we put together offers that are in $20 packages. But beyond the fair market value of your goods you also have to factor in desirability. Just because your goods or services are valued at $20 doesn't mean that others need or want your goods or services.

You might also want to do an assessment of what you have to offer. What skills or abilities do you have that others might want or need?

Some commonly bartered skills include:

- bookkeeping
- tax preparation
- teaching a skill
- carpentry
- painting
- roofing and siding
- lawn care/ yard work
- plumbing
- sewing
- knitting
- photography
- hair cutting
- web design
- animal care
- general labor
- snow removal
- childcare
- cooking/baking
- housecleaning

And the list of goods to be bartered is nearly endless.

Some people like to put together a list of their skills and goods they wish to barter and assign a suggested value to them. This is something tangible they can give to someone else to start the negotiation process.


And how about you, dear readers? Do you regularly barter your goods and/or services? What are some of your most interesting barters?

4 comments:

  1. Hello. I'm The Missus that commented on the recipe you had for Muja..something! LOL. Anyway. I love lurking. Glad you're getting lots of visits. There's a 'weird'(?) commfort to lurking (not that I'm weird), so that is prob why many don't comment. Sorta like sitting down to talk shows or say...Pat Sajak. We just sit here with beverage and snack. Y'know. You're place is comforting. Just so you know.

    ReplyDelete
  2. That is so neat...I love the play food!
    I have done a bit of bartering my self (just with friends I know) babysitting for house cleanning.

    Peace and Joy,
    Georgiann

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  3. Due to our serious financial constraints we have gently delved into bartering. Mostly it's been for our business. We've done repair work and upgrades in our showroom/office for rent. That's been a Godsend. We're looking for opportunities to do more though!

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  4. Finally getting caught up on your posts after being too busy to read them daily (ugh!). Great post! I recently bartered w/ an artist friend who created a very nice silver and ceramic ring that just happened to be my size. I put together an assortment of homegrown organic garlic, homemade peach jam, frozen homemade pesto and the like in exchange for the ring. I think we both think we got the better end of the deal! ;)

    ReplyDelete

Moo said the mama reserves the right to remove any comment that we deem snarky, malicious, spammy or otherwise inappropriate. We have thick skin here in Mootown but want this blog to be a pleasant destination for all ages.

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A 40 something mama meandering through life with an eclectic 21 year old boy-man (the boy), an 8 year old girl (big girl) who is a ball of lightening, and a 4 year old girl (baby girl) who brightens our lives with her smiles. I'm grounded by my 40 something husband and partner (the hubster) whose quirky mannerisms brighten my days.

I've been a single mama, married mama, divorced mama, career mama, SAHM, and WAHM. There was a short time of my life when I wasn't a mama, but that was a LONG time ago!

I hold an AA, BS, and MA and most say I'm wasting them by devoting my intellectual capabilities and energy in the nurture of the wee ones that I've been entrusted to raise, but there is nothing else I'd rather be doing these days. :)

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