Give & Take

Time Sharing of Skills (Time Banking)

Time sharing of skills, often called time banking, is a community-based system where people exchange services using time as the currency rather than money. One hour of service earns one time credit, regardless of the type of skill provided. These credits can then be used to receive services from other members.

OurHubs will be encourage members to join an established skills sharing group under the guidance of local hub facilitators.

1. Each member lists:

   • Skills they can offer.

   • Services they would like to receive.

   When a member provides a service, they earn time credits.

   Those credits are spent when receiving help from another member.

   It will be up to local hub members to form a time share circle and decide which system they want to adopt. Exchanges could involve:

   
   

   Gardening and home maintenance

   Tutoring and language lessons

   Computer and technology support

   Childcare or elder support

   Cooking and meal preparation

   Transport and errands

   Sewing, crafts, and repairs

   Baking Cakes. . .

   
   

Time sharing of skills using hours is an alternative exchange system that values everyone's contribution equally by measuring it in hours rather than money. There can be adjustments based on the skills involved. When supported by an organised platform and an engaged community, time banking can strengthen local resilience, encourage cooperation, and improve access to practical skills and services and reduce the need for money transactions, although both are possible in mutual agreements.

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