Old-school savings are back in a big way. The recession has created a new generation of coupon clippers and deal hunters. But, it's not just about groceries and retail — even on big items, like home renovation. There's a trick to saving: try bartering.
I'll admit, the idea of bartering seemed a little beyond me — not just a retro throwback, but more like a nod to the real olden days. In actuality, bartering today is surprisingly sophisticated — and can get you a lot more than you might imagine. For instance, Camille Tominaro, whose vacation home needed a little renovation, used a little bartering innovation to get the job done. She posted her bartering proposal — a free vacation stay in her home, in exchange for the construction and improvements on the house — on Craigslist, and voila! Painters and carpenters responded to the add, did the work, and enjoyed their stay in the newly renovated house, as agreed upon.
Obviously, just as you would during a monetary transaction, be mindful of who you're trading with, look for references, and as a precaution, keep it local when you're trading services. So, what do you think? Would you try bartering as a saving solution?