Bartering for Extra Income
February 24, 2009
When money is tight, swapping resources, or bartering, is a time-tested way to stay in control.

University of Illinois Extension consumer and family economics educator Kathy Sweedler says to start by making a list of your skills or things you might be able to trade.

Sweedler says that bartering helps us stretch our dollars. Family members, including those who don't have a paid job, can contribute to the family's resources by bartering.

The challenge is finding someone who needs your services and then setting the value of your service. Some communities have clearinghouses, civic groups, or publications to help.

Be creative. List your skills, talents and interests. Next, try to match your skills and talents to community needs, says Sweedler. Try making your first swap with a friend, neighbor, or relative to build your confidence.

Bartering is just one of the tips offered by U of I Extension to help families deal with times of economic crisis. For more information, google Getting Through Tough Times.