The first year we lived here, Eric’s job was half-time, and we (Eric, me, Eli, new baby Simon) lived on 17,000 dollars a year. About half of that went to our mortgage, since we were trying to pay it down quickly. $3K of the remainder when to replacing the well lines, which exploded the first time it froze. It was very little exaggeration to say that we had no money. What we did have was time - despite the fact that I was pregnant or had a new baby, Eric was teaching only about half time, and I was home with the kids, claiming to work on my doctoral dissertation, but really not doing any such thing. From our efforts to substitute time for money came a whole lot of good things - first our gardens, then our small CSA, which made a big dent in our budget. And a whole lot of barter.
In those first few years, we bartered a number of things - babysitting for our kids, a time-shared vehicle with another family, vegetables and gardening help for help with other projects, eggs for firewood. I remember experiencing every transaction as a breath of air - here was something that I could not afford in dollars, but that I could fairly and honestly obtain for my family and offer something good in exchange - and know that although we couldn’t afford credit card fees and borrowing, we had a measure of credit that didn’t come with fees - the good credit and relationships that came with barter, and that meant that neighbors were willing to go out of their way for us, because they knew we’d do the same.
We have a bit more money now, but we still barter a lot - for example, I barter the use of our large pasture and day to day sheep tending work for lamb, help with fencing and wool. I have gladly bartered my books for other author’s books, and happily accept barter for participation in my classes (although many people still use paypal, since it can be hard to barter long distance). I still feel that sense of gratitude whenever I have a bartered relationship with someone - the idea that we could function out of the money economy is a great joy to me.
Which brings me to the marvellous Barbara Ehrenreich’s latest essay, which is just a delight - in it she properly takes aim at the idea that the newly unemployed should work full time at job hunting, and argues that this is keeping us artificially passive. She offers a list of useful things one could and should do with their time, now that they are unemployed, to which I’d like to suggest “get as far out of the money economy as possible.” Now this is not a magical panacea, and for households with a single earner, or multi-earner households where all earners are unemployed, at some point, someone is going to have to get a job if at all possible, even if it is a crappy one.
EDIT
http://www.energybulletin.net/node/48866