Louth Time Bank.
A Transition Town Louth initiative.
Louth Time Bank.A Transition Town Louth initiative. |
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We have set up a Time Bank.
A what?
Well, it's a where people do things for each other and earn Time Credits instead of money. Do something for someone else for an hour and you earn a Time Credit. One hour is worth one Time Credit, no matter what the work. All time is valued equally no matter who you are and what you do. You spend your Time Credits by getting other folk to do things for you. No money is involved, just time, an exchange of skills, a strengthening of community, an increase in social capital.
The Time Bank records who has earned Time Credits, maintains a list of members with the skills they are willing to offer and the work that they might like others to do for them. The Time Bank puts people in touch with each other, matching people with particular needs with those who are offering appropritate skills, arranging opportunities for work to be fairly shared.
Time Banking is a very different way of running a part of our lives, away from the money economy. It takes a little while to understand how it all works and the opportunities it can offer so please take some time to read about the idea and how it has been operating in some of the hundred or more groups that have developed over the last ten years.
Time Banking UK is the national umbrella charity linking and supporting time banks across the country. We at Louth Time Bank will be using their national computer database to run our Time Bank. Start by exploring their Website
If you think Time Banking might be for you, whether to participate or even to help run the scheme, please get in touch by sending us an e-mail. We'll ask you what sort of skills you might be able to share, jobs you might be able to do and also what things you would be interested in getting help with. Then we'll try to match you up with people you can help or can help you, and we'll keep a record of all the work done and Time Credits earned and spent.
To contact Louth Time Bank, Send Mail
To get started straight away fill in this form and send it to Biff Vernon, Tithe farm, Church End, North Somercotes, Louth. LN11 7PZ
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FairShares, in Gloucester, is one of the longer established groups to run time banks. |
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The New Economics Foundation has had much to do with the development of time banks and have produced several downloadable documents. |
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The London Time Bank is the capital’s network of time banking people, groups and organisations. |
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The Time Bank Lincoln is our neighbouring Time Bank. |
