Timebanking is a way of sharing skills and resources without using money. Timebanks use an alternative currency – time. Members of a timebank agree to exchange their time with each other on the basis that an hour of someone’s time is worth an hour of anyone else’s. It works.
No matter how many – or few – skills you think you have; or how much – or little – free time you have, timebanking works because it helps you use your time more effectively – doing the things you’re good at and enjoy and getting other people to help do the things you don’t.
To join Woking Timebank, please click on the 'Become a Member' link at the top of the page and complete the application form.
If you would like further information please call us on 01483 743851
Thank you and we look forward to hearing from you.
Time Banking UK is the national umbrella charity linking and supporting time banks across the country. We provide support, advice, guidance, resources and training to anyone interested in learning about timebanking, incorporating timebanking into their organisation or those who want to start up community time banks.
Timebanking UK supports all models of timebanking in all settings, with organisational timebanking becoming a big part of the sustainability plans of networks across the country.
Timebanking is witnessing extraordinary growth since the first time banks in the UK in 1998. Spread to over 40 nations and 6 continents, there is now over 26,000 people time banking in the UK alone who have generated over 1.3 million hours of support for each other. There are new time banks being set up every week. With the twin drivers of the public deficit crisis and the Coalition Government’s commitment to hand more power and responsibility to local communities and individuals, the political climate could not be more supportive of time banking.
We are a charity and company limited by guarantee.
Our head office is in Stroud, Gloucestershire where our core team work and liaise with time banks across the country.
Timebanking UK believes in a world in which people may have all they need for their own well being by contributing what they can to:
To do this we have three clear roles: HELPING, THINKING & DOING.
Supporting timebanking projects and our membership through advice, consultancy, training and technical support
Researching and evaluating timebanks projects, helping to shape the policy debate around coproduction and sytem change
Prototyping and piloting new models of timebanking and co-productions, such as the ‘Shares’ social marketplace.
We work primarily with organisations from the public and community sectors, in a consultancy and advisory capacity
Our training programmes cover a broad range of interests through from local community champions interested in timebanking to commissioners of public services.
Our software and support packages are open to everyone.
HOW DOES TIMEBANKING WORK?
1. People list the skills and experience which they can offer and those that they may need.
2. Everyone’s skills are valued equally - one hour always equals one time credit.
3. Everyone agrees to both give and to receive help, to earn and to spend their time credits.
4. A record is kept of all the time credits earned and spent, ideally on computer using the ‘Time Online’ system.
5. Everyone is encouraged to spend their time credits to allow others the chance to make a difference and feel needed.