[p2p-research] "Time dollars" to finance a wedding, and "Time banks" across the US

[Michel Bauwens]

Dear Maria,

can we still expect your article on homeschooling as a commons economy?

Michel

On Sat, Jun 26, 2010 at 6:14 PM, Maria Droujkova <droujkova at gmail.com>wrote:

> http://www.chicoer.com/news/national/ci_15217732
>
> Quote: "LLENTOWN, Pa.—No money? No problem! Pay with time, instead.
>
> That's what Maria Villacreses did when the economy put a hitch in her
> wedding plans: She used "time dollars" on everything from a wedding-day
> makeover to an elaborate seven-layer cake.
>
> In a modern twist on the ancient practice of barter, people like
> Villacreses are joining time banks to help them get the things they need or
> want without having to spend cash.
>
> In a time bank, members get credit for services they provide to other
> members, from cooking to housekeeping to car rides to home repair. For each
> hour of work, one time dollar is deposited into a member's account, good for
> services offered by other members.
>
> Scores of time banks are being started in hard-hit communities around the
> nation—and thousands of devotees are helping each other survive tough
> financial times.
>
> "Even though we were planning to do something small and simple, it takes a
> lot of money, time and effort. Through time banking, I got a lot of help,"
> said Villacreses, who belongs to Community Exchange, a 10-year-old time bank
> in Allentown, where 500 members offer everything from electrical work to tai
> chi."
>
>
> Cheers,
> Maria Droujkova
> http://www.naturalmath.com
>
> Make math your own, to make your own math.
>
>
>
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>
>


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