Below is a video about time banks. In particular, it features the Onion River Exchange Time Bank in Vermont.
In a time bank, no money is exchanged. Members of a community support each other with the exchange of favors and services. but it’s not quite barter. It provides a way to keep goods and services flowing while building relationships beyond the usual business transactions.
Watch the video to get a better understanding of how a time bank works.
Check out Brandon Smith’s site on community and market alternatives at http://www.alt-market.com/
Have you participated in a time bank arrangement or other such alternatives? If you haven’t, would you? Why or why not? Leave a comment and share your experience with others.