Time banks are an amazing way for communities to share the things they love to do with each other using time instead of money as currency.
The concept is simple: 1. You spend 1 hour doing something for someone in your community and 2. You earn one “time dollar” that goes into the time bank. 3. You spend your time dollar having someone do something for you and then 4. Repeat!
The time bank movement is helping neighbors all over the country shift us away from economies based on consumption to economies based on relationships.
The Center for a New American Dream's Get2Gether Neighborhood Challenge encourages neighbors from all over the U.S. to start new ways of sharing to build and transform communities, and timebanks are the place to start.
On November 8, 2013, Center for a New American Dream and Etsy hosted noted authors, scholars, and environmental thought leaders Gus Speth and Juliet Schor for an evening of conversation that explored innovations in collaborative consumption and opportunities to define a new American Dream.