By Vincent Hicks, CPA

Q: Are there any simple budgeting tools that can have a big impact?

A: Yes– bartering!

Thanks to today’s technology, bartering has made a comeback through platforms like Buy Nothing and TrustedHousesitters. These services let you exchange goods or skills without spending money – helping you meet real needs while keeping expenses low.

Bartering can be a smart, flexible tool for anyone looking to save.

Here’s why it works:

• Cuts costs while still giving you access to valuable goods or services
• Connects you with your community through local exchanges
• Reduces waste and promotes reuse
• Offers real savings – like free pet care or travel lodging
• Makes budgeting more flexible, especially for families or small businesses

A quick word of caution:

• Always prioritize safety– use trusted platforms, communicate clearly, and check reviews

Bartering isn’t outdated– it’s a modern money-saving strategy with real benefits.

Any questions? I’d be happy to help.

I’m Vincent Hicks, CPA, based in Somerville with over 20 years of experience. Reach out at vhicksconnect@gmail.com or (859) 553-0788.

Disclaimer: This column provides general financial information and should not be considered legal, investment, or tax advice. Individual situations vary. Always consult a qualified professional for personalized guidance.