Today is Day 4 of my V.E.D.A Challenge, where I’m posting a 2-3 minute video on the Turnoversbaby Youtube channel daily through the month of April.
The topic is BARTERING= trading and swapping products or services instead of using traditional currency. There are many benefits to bartering which can be a resourceful and eco-efficient practice. Upcycling clothing and household items, locally sourcing baked goods or art, growing your own products and trading with neighbors for other types of food- all of these are budget-friendly practices and can help to unify a community. The act of trading something or swapping services cuts out the middle man. Why pay cash or use a credit card when you can do an even exchange?
Bartering is fantastic at the business level, too, because it doesn’t hinder the cash flow. If there are products or services you have that another business needs, negotiate a deal so that both of you can benefit from a trade.
How can you incorporate this old-school style of commerce into your routine? Do you have a neighbor who sells eggs from her chicken farm ? Do you know someone who has a housecleaning service? What do YOU have to give or offer? Brainstorm and develop a few ways you can implement this approach.