Time Banking is a way of trading skills in a community. It uses time, rather than money, as the measurement tool. Members of a Time Bank share their skills with other members within the community and are given time credits for the work they do. With the credits they gain, each member can ‘buy' someone else's time, and get the service they need.
Why join a timebank?
- Time Banking adds a richness to Time Bankers' lives. As a concept it brings ‘wealth', in the form of friendship, caring for one another, having our needs met from within our own community and getting help with things we can't do
- Skills that are often taken for granted are valued - especially non-market economy skills - like mothering, basic home help and caring, friendliness, listening.
What is Timebank?