Here is another option to help you stay within your budget, Time banks. Time banks are a unique as you can offer your services to people and get services without having to pay out your hard earned cash. They help stretch your dollar by using your time and skills, not your money.
Time banks are a network of people who exchange services, a modern day barter system only better. You have a service to donate to someone who needs it. In exchange you get time dollars that can be spent on a service or goods within the network.
For one hour of service, you get one time dollar. For example, if you drive Chris to the doctors you get one time dollar for every hour of time it takes. If later you want to learn Spanish you can use your time dollars to have Sam teach you Spanish. Time dollars can accumulate so if you perform 3 hours of service you get 3 time dollars. The time dollars are part of a network so your dollars can be spent for any service offered in the timebank.
Time banking was founded on five Core Values:
Time Trade Circle
Serves Greater Boston area
2 Corliss Place
Cambridge, MA 02139
Phone: 617-821-3755 (Membership Coordinator)
Email: cindy@timetradecircle.org (Membership Coordinator)
Valley Time Trade
Serves Pioneer Valley
PO Box 523
Northampton, MA 01061
Phone: 413-585-0373
Email: info@valleytimetrade.org
Cape Ann Time Bank
Serves Cape Ann area
Gloucester, MA 01966
Phone: 978-219-6776
Email: capeanntimebanks@gmail.com
To become a member
North Quabbin Time Bank
Serving Athol, Erving, New Salem, Orange, Petersham, Phillipston, Royalston, Warwick, and Wendell
Orange, MA
Phone: Orange: 978-895-5696 Wendell: 978-544-8270
Email: nqtimebank@gmail.com
Salem Timebank
Salem, Ma, 01970
Phone: 617-529-8573
Contact Form
Information About Starting Your own Time Bank
To help you and your community create a new TimeBank, TimeBanks USA made a list of the typical steps that new TimeBanks find helpful.
Fact Sheet last updated on: 10/24/2022
_______________________________________________________________________________________________________
Disclaimer: INDEX is pleased to provide you this information. Please note, this information is not comprehensive, nor is it intended to take the place of professional advice. We encourage you to check other resources of such information. No endorsement by the University of Massachusetts Chan Medical School, DisabilityInfo.org, INDEX, or affiliates, should be inferred. We reserve the right to remove, to modify, or to add any information at any time, for any reason, and without notice.