TimeBanking Invests Your Talents In Your Community
Gifts and donations of money and goods can be a helpful thing in the community, assuming you have it to give, but it doesn’t fix everything. Signing over a check can provide a bit of capital to finish a project or boost a campaign, which is often needed, but just making a financial transaction doesn’t add the value that a real human-scale trade or interaction does. On the other hand, strictly donating time to a community or neighborly endeavor can help take care of some of the labor supply, but doesn’t go a long way toward paying anyone’s bills at the end of the day.
In communities, one of the truly valuable commodities that we have is our time, which may be worth $200 an hour for one skill, but only $20 an hour for another. We all have the same amount of time in the day, and we all have some of the same needs, ranging from a car mechanic to a health practitioner to a teacher to a babysitter, so if instead of dollars per hour, we start thinking in terms of hours of our time, then giving our talents one hour at a time (instead of charging money) can be an investment for the future (in terms of time, energy, and skills).
TimeBanks: Investing Your Talent is a Great Gift!
Being born with a talent is like receiving a great gift, but as they say, giving is better than receiving. Now there’s a way to have your gift and give it, too. Just put it in the bank — the TimeBank.
Promoting equality through inclusive exchanges of time and talents, TimeBanks provide investors with a means of investing in strong, resilient communities. Time and talents become a medium of exchange for turning community needs into perfect opportunities. It also renews emphasis on family traditions, sharing, and caring.
Have a Gift? Give it!
TimeBanking is a way of giving and receiving to build supportive networks and strong communities. One hour helping another earns one TimeBank Hour. TimeBanking builds on the principle of investing, or as TimeBanks calls it, the magic of “pay it forward,” with one good turn leading to another.
Here is how it works, according to TimeBanks.org:
I earn a time credit by doing something for you. It doesn’t matter what that “something” is. You turnaround and earn a time credit doing something for someone else in your TimeBank Community. For example, an hour of gardening equals an hour of child-care equals an hour of dentistry equals an hour of home repair equals an hour of teaching someone to play chess. The possibilities are endless.
Connecting Through TimeBanking!
It Has Health Benefits!
First published on ECOPRENEURIST: http://ecopreneurist.com/2014/12/01/timebanking-invests-your-talents-in-your-community/