Saturday, September 06, 2014
Timebanking is a means of exchange used to organise people and organisations around a purpose, where time is the principal currency.
For every hour participants ‘deposit’ in a timebank, perhaps by giving practical help and support to others, they are able to ‘withdraw’ equivalent support in time when they themselves are in need. In each case the participant decides what they can offer.
It is a great, community-based, concept and Time2Give is making great progress.