Bartering has been around literally forever or nearly so. In fact, bartering predates the use of formal currency as a measure of exchange for labor or goods.
What is bartering? Simply put, it’s the exchange of goods or services without the use or exchange of formal currency. You may, for example, barter with a friend to mow your lawn in exchange for babysitting her children for two hours. Or, in a more formal arrangement, you may barter with your landlord to do maintenance or repairs for other tenants in exchange for a reduction in rent. It remains a useful way to exchange goods or services without having to bring money into the equation.Now, bartering has a new twist. With the advent of the Internet, online barter sites are showing up everywhere. Some sites are local, while others have a reach that’s literally worldwide.
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