Time Banking Networks Reimagine Exchange
Hour-for-hour service trading builds community while meeting needs.
Time banking systems are growing as communities create alternative exchange systems valuing everyone's time equally. Participants trade services hour-for-hour regardless of market wage rates.
All work is valued identically whether childcare, legal advice, home repairs, or cooking. This equality challenges market hierarchies while meeting diverse needs.
The system builds social capital alongside economic exchange. Participants develop relationships and community connections through service trading.
Time banking particularly helps people with skills but limited cash income. Retirees, students, and others can access services by contributing their own abilities.
Digital platforms facilitate matching and tracking. Technology makes coordination easy while maintaining the personal connections that make time banking meaningful.