Time banking is based on the simple principle that for every hour of time a person contributes to help another, they receive the equivalent in time credits. These time credits are stored and then exchanged for services when needed from others. For example - if you help someone for an hour decorating their home, you can ‘buy’ an hour of someone helping you - let’s say - cutting your grass. It’s that simple - and it works for any service or talent you can offer!
At the moment there are nine established time banks and several others in development throughout Scotland. Time Banking Scotland aims to support existing time banks as well as assisting individuals, organisations and communities to set up and run their own time bank. If you would like to set up a time bank, join a time bank or would simply like more information about Time Banking Scotland, contact vds@vds.org.uk or text 'Timebanking' to 07786 200 350.
Published on 06/07/2010
Last modified on 23/12/2011
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