SHARE – South Holland Actions Rewarding Everyone

What is timebanking?

Timebanking is a means of exchange used to organise people and organisations around a purpose, where time is the principal currency.  For every hour participants ‘deposit’ in a timebank, perhaps by giving practical help and support to others, they are able to ‘withdraw’ equivalent support in time when they themselves are in need. In each case the participant decides what they can offer. Everyone’s time is equal, so one hour of my time is equal to one hour of your time, irrespective of whatever we choose to exchange. Because timebanks are just systems of exchange, they can be used in an almost endless variety of settings.

Timebanking builds social networks of people who give and receive support from each other, enabling people from different backgrounds, who may not otherwise meet, to come together and form connections and friendships. Generating social capital in this way can be an important determinant of health, wellbeing and resilience, all of which can prevent needs arising. Examples include ensuring older people receive nutritional food and are able to eat regularly, and providing a ‘circle of support’ for young people in keeping them out of trouble.
In addition, this is a highly effective community development tool, empowering individuals and groups to bring about change, make choices and take control of their own lives and neighbourhoods.

SHARE – South Holland Actions Rewarding Everyone is getting established in Spalding, Holbeach and South Holland.

Find out more: SHARE timebanking

SHARE is looking for volunteers to help it get established and run effectively, find out more: Volunteering in Lincolnshire

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