Hundreds of timebank communities across the United States and the world are working together in helping each other navigate this collective experience of change and loss while also setting the stage for a new economic paradigm centered on meeting needs through community engagement and collaboration based on our shared strengths. We encourage you to virtually reach out to your timebank communities, families, and friends while lowering the curve through physical distancing.
Stay safe and well,
The TimeBanks USA family
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The Five Core Values of TimeBanking
Passionate about social justice, Edgar saw timebanking as a way to restore community, to recognize and reward civic engagement. In the decades that followed, he became its strong, persistent champion, promoting timebanking as a tool for creating a more just, more caring world. In 1995 he founded the Time Dollar Institute — now known as TimeBanks USA — to promote timebanking in the US and around the world.
In his book No More Throw-Away People, Edgar listed four core values for timebanking. He later added a fifth. These values have come to be widely shared, and many timebanks strive to follow them.
The 5 Core Values
Asset Every one of us has something of value to share with someone else.
Redefining Work There are some forms of work that money will not easily pay for, like building strong families, revitalizing neighborhoods, making democracy work, advancing social justice. Time credits were designed to reward, recognize and honor that work.
Reciprocity Helping that works as a two-way street empowers everyone involved – the receiver as well as the giver. The question: “How can I help you?” needs to change so we ask: “Will you help someone too?” Paying it forward ensures that, together, we help each other build the world we all will live in.
Social Networks Helping each other, we reweave communities of support, strength & trust. Community is built by sinking roots, building trust, creating networks. By using timebanking, we can strengthen and support these activities.
Respect Respect underlies freedom of speech, freedom of religion, and everything we value. Respect supplies the heart and soul of democracy. We strive to respect where people are in the moment, not where we hope they will be at some future point.
Reach out to us at TimeBanksUSA with any questions.
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