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What is timebanking?

A timebank enables individuals to swap skills in their local community. It connects communities, develops relationships and empowers individuals. 

Timebanking is a way of spending time sharing a skill you have and earning time credits in return. These time credits can be spent on receiving help or skills from someone else. You could share your love of sewing or teach someone a few phases in Spanish or play an instrument for their enjoyment. In return, you could learn something new, get support with skills such as playing the guitar or bike maintenance or be introduced to a new sport.

By joining the timebank it turns strangers into friends. It is a simple concept that can have a huge impact on the community’s wellbeing. Local people can have a positive impact on your life, and you on theirs. You don’t need any set qualifications or skills to become a part of the timebank. Just a willingness to accept that you will help others and in return they will help you – it is a two-way process of giving and receiving time.

circular graphic of individuals exchanging time


Next page: Benefits of timebanking

 

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