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Trading places to save money, time or your sanity

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purplerain's picture
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Everybody has a skill or hobby or even just time they can trade. For instance, my friend hates shopping for clothes with company. I hate making potluck dinners but  I can't avoid handing a dish in for them when I'm asked. I take her kids on the days she needs me to let her go on a shopping spree midweek and she makes me a potluck dinner when I need one. No money changes hands and it works out evenly. You have a skill up your sleeve you can barter with and you'll find what it is when you think out of the box. What can you do or would you like to have another do for you?

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bringmeroses's picture
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Re: Trading places to save money, time or your sanity

I missed this post, purplerain. I'm sorry about that. The Bankrate newsletter has a tip of the month and there's a group that does this same thing on a larger scale. (That's what won last month.) Timebanks is a community wide effort.

What is Time Banking All About?

At its most basic level, Time banking is simply about spending an hour doing something for somebody in your community. That hour goes into the Time Bank as a Time Dollar. Then you have a Time dollar to spend on having someone doing something for you. It's a simple idea, but it has powerful ripple effects in building community connections.
Each Time Bank has a website where you list what you would like to do for other members. You look up Time Bank services online or call a community coordinator to do it for you. You earn Time Dollars after each service you perform and then you get to spend it on whatever you want from the listings.
With Time Banking, you will be working with a small group of committed individuals who are joined together for a common good. It connects you to the best in people because it creates a system that connects unmet needs with untapped resources. To see what happens each week when you are part of Time Bank is deeply fulfilling, especially if you are helping to make it run.

I think that's cool! The lady that won the Bankrate competition had got curtains hemmed.

"The town that I recently moved to has an organization called People's Service Exchange. The concept, created by Edgar Cahn is based on time dollars and involves using time to pay for services needed. Upon joining the group, I filled out forms indicating what services I could provide and services that I would be interested in receiving. I was also given 3 hours tostart out with. I recently redeemed an hour from my account which involved another member who hemmed a pair of curtains for me. She in turn has either banked an hour to redeem later or maybe she has already used it. There is absolutely no money exchanged and a variety of services available that would make your head spin. If your area does not have this type of organization, you may want to get involved in starting one and can find out more at www.timedollar.org"



When you have only two pennies left in the world, buy a loaf of bread with one, and a rose with the other.

billeater's picture
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Re: Trading places to save money, time or your sanity

Good find on timebanks!  Craigslist also has a barter section.   Go to http://craigslist.com/ , then find the nearest city to you, and click on that.  Under the "for sale" area is a "barter" link.

Saw things like "Your second car for a tile remodel" and "Trade Exterior Painting for Dental Work", etc.  Not quite as flexible as the timebank thought, but if you have a particular skill or item for trade you might get lucky and find a willing person to barter it into something you want.

I have a really nice old fish and ski boat that I need to trade for something.  Turns out I'm not a boat person.

cheapncheerful's picture
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Re: Trading places to save money, time or your sanity

Thanks for the links, guys! Craigslist is one place I never go to although I will check it out for that. Bartering is back in style. :)
 
I need to figure out what I can swop first. Don't suppose they would take a kid as a trade-in? LOL.



The only reason a great many American families don't own an elephant is that they have never been offered an elephant for a dollar down and easy weekly payments. - Mad Magazine.

Jewel's picture
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Re: Trading places to save money, time or your sanity

Our PTA has an informal version of this. Most use it in exchange for babysitting. It's enlightening what you find out about parents and the skills they have. You'd never know by looking at them. One lady makes the most beautiful jewelry and classes herself as a gift finder.

cookiefan's picture
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Re: Trading places to save money, time or your sanity

I can bake and would trade that for ironing. I can't stand that chore.



Without frugality none can be rich, and with it very few would be poor.
- Samuel Johnson

purplerain's picture
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Re: Trading places to save money, time or your sanity

billeater wrote:

I have a really nice old fish and ski boat that I need to trade for something.  Turns out I'm not a boat person.


You should hold on just a month or two more billeater until the sun starts shining more and the sailors start fishing again. My dad had a boat and sold it. Every time he saw the tarpaulins coming off  the boats at anchor and those sails being raised or lines being thrown over the side, he wanted to buy one again. Seeing others will whet their appetites.

pennywise's picture
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Re: Trading places to save money, time or your sanity

Thanks for the ideas, all. It feels like time's running backwards to the days when bartering was commonplace. We'll see this type of exchanging of  skills more over the year ahead the less money there is to spare.

purplerain's picture
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Re: Trading places to save money, time or your sanity

pennywise wrote:

Thanks for the ideas, all. It feels like time's running backwards to the days when bartering was commonplace. We'll see this type of exchanging of  skills more over the year ahead the less money there is to spare.

I think you're right, pennywise. It wasn't so many years ago the country went through the Great Depression. Try talking to older people that remember that and the war years. They soon tell you how they lived by trading this and that. I'm just hoping we don't have to go back to ration type supplies like powdered eggs.