Friday, March 6, 2009

Weekly blog:

We get next week off due to Spring Break, right?

So I’m actually going to write this on word first since Blogger is updating some things. Go figure – I’m never on here and the one time they are, they are updating.

I actually have something neat to talk about this week. I heard it on last weekend’s Sound Money show on NPR. Chris Farrell was talking about “Time Banking” (timebanking.org). I went to the site and copied and pasted its intro:

Time Banks Weave Community One Hour at a Time
For every hour you spend doing something for someone in your community, you earn one Time Dollar. Then you have a Time Dollar to spend on having someone do something for you. It's that simple. Yet it also has profound effects. Time Banks change neighborhoods and whole communities. Time Banking is a social change movement in 22 countries and six continents.
Sound Money shared an example of how in LA, a costume designer time banked hrs. by doing alterations for people, while someone returned what she needed, which was someone to go to her home and give her diabetic dog shots twice a day. She couldn’t afford the shots, so she trades her time or her “trade”/skill instead. What is neat is that people who are part of this all have to be in the same zip code. In this particular example, there were 75 people that you could bank time w/for different services, such as carpentry, roofing, cooking, etc.

This was shared on Sound Money because of the value it can bring to people, particularly in a downward economy. The guy who created it said “time is a variable that has value”. It is also being praised as a huge community bridge builder, as it makes people locally interdependent on each other – something that has been lost w/the information superhighway and globalization revolution.

I think it sounds pretty cool. And they don’t have one is Chaska yet. Any takers? ☺

1 comment:

Karen said...

What a cool concept!! It is a new twist to bartering. I often look at the barter section of Craigslist and wonder how people who have "this very particular thing/service" find people who need "this very particular thing/service" who also have "this very particular thing/service". Time-banking opens this up tremendously -- thanks for sharing!