One town's experience with their time bank
Lathrup Village Time Bank
Good Morning America
Good Morning America reports on the expansion of time banks across America
The Power of Time | TEDxBunbury
Published on Apr 26, 2016
With a Masters degree in Social Change, Sash creates creative community centred projects that are designed to encourage lasting social change at a grass roots level.
What is a Time Bank?
Time banks operate by having members offer their services to other members, thereby earning Time Credits for themselves. Each hour doing something for others earns one hour of Time Credit. That credit can then be traded for any other service offered in the time bank network. On-line software keeps track of each member’s credit hours. Everyone gives and receives and things get done with no money exchanged. Our community grows kinder and relationships of trust emerge!
Benefits of the Muncie TimeBank, Inc.
We are not all on equal footing within our traditional money-based economy. By contrast, a time-based economy operates on the premise that effort directed towards helping others is equivalent across all people. Everyone has skills and abilities that can benefit someone else in the community. Whether those abilities involve tutoring, mowing, pet sitting or guitar lessons (to name a few of the hundreds of possibilities), they all count the same in the sharing system of Time Banks. All members embrace the goal of helping others, therefore all members benefit through a system that rightfully “pays back” all those who have “paid it forward.” Far from an economy of inequalities, the Muncie Time Bank reflects a world in which everyone receives the same respect and the community as a whole is stronger for it.
Want to join the Muncie Time Bank? Please click “Become a Member."