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Toolkit

The Time Banks UK toolkit provides tried and tested resources developed by time bank practitioners throughout the UK.


Ten Steps to Creating Your Own Time Bank

Whether it's popping in to check on a neighbour or giving someone a lift to the shops - giving your time can provide the impetus for much more. By creating a local time bank with people living around you and measuring your contribution you can create a virtual domino effect whereby those you help will in turn pass this gift of time on.

Why do we need time banks? We want to live in places where we know our neighbours and can call on them when we need help. Money can't buy us that trust - but time banks can help provide support when we need it, and at the same time, help us to get to know our neighbours. Time banks make the real work of building communities and neighbourhoods count and by valuing the time everyone has to give, time banks make sure no-one's skills are wasted.

So here's a quick ten-step guide to creating a time bank of your own.

  1. Look around you - find a place where people are. It could be a school, hospital, housing estate, older people's centre. Anywhere which needs the active participation of the people who learn, live and work there to really thrive.
  2. Be creative - explore what people want doing and create a vision of where you want to get to together. It might be an after-school club or a community- clean up. Make sure you tap into people's priorities before you get going. Keep focussed, this way you will build on local enthusiasm and support - the most important ingredients.
  3. Make the right connections. Talk to potential partners and explore local initiatives - people who share your concerns will want to support the project with money or in kind by donating space, office equipment or volunteer support.
    To get started you need a co-ordinator, a phone line, basic office equipment and basic running costs (postage, heat and light etc) plus insurance to cover your members when they are earning their time credits. Make sure to add into the equation the time contribution local people will be making through the bank. Possible sources of funding include local health and regeneration initiatives as well as charitable trusts.
  4. Find a base where your co-ordinator can set up the time bank and install the Timekeeper software which matches people's needs and keeps track of their time (you can download this free from our software page).
    Create a tangible presence for the time bank and make it easy for people to see you and the difference you are making.
  5. Start small - Five or six people are enough to get going. These could be your friends, people from a local tenant's association, people you meet in the doctor's waiting room or parents and teachers from your local school. Show people what is achievable immediately by getting active - together, through a community clean-up or a garden tidy for elderly people. Working as a team is an ideal way for people to get to know and trust each other.
  6. Explore with members where their skills and talents lie - and also where they might need some help. Instead of remembering all the things people can't do be radical and ask people what they can do. Then help them to do it!
  7. Get active and involved by using the energy and talents they are offering immediately. Link them up with people who need their help. Support and train your members this way you share the knowledge that's needed with the people who know best.
    Use members ideas for new initiatives and get them to bring their family and friends along. Encourage them by offering them time credits for each new member they recruit to the time bank.
    Make sure your members are part of the day-to-day management and development of the time bank so that they can tell you what is going wrong and right - and help you fix it. Make sure members feel safe by taking up references and running regular training sessions.
  8. Make your time bank enterprising by getting local charities and businesses to sponsor you or donate unwanted goods (food, clothes, furniture) - anything you can re-cycle through the time bank.
  9. Measure the difference. What difference is your time bank making to the local community? The indicators you choose (levels of bullying, transfers off the estate or older people being admitted to hospital) is up to you, but the evidence is vital to demonstrate to your supporters that they can't afford to be without you.
    Get the message out there, show people what a radical difference you can make by involving everyone in the production of the things they need most - a helping hand, a listening ear, good friends and neighbours.
  10. Be part of the Time Banks UK Network and benefit from regular updates and training. Don't re-invent the wheel, join the network.


How a Time Bank Works

Time banks don't use real pounds and pence money. Instead they encourage people to make deposits and withdrawals of their time.

In a time bank, participants earn credits for helping each other - one hour of your time entitles you to an hour of someone else's time.

Credits are deposited centrally in a time bank and withdrawn when you need help yourself.

Help is exchanged through a broker who links people up and keeps a record of transactions through the Timekeeper software.

Unlike real money, anyone and everyone can earn time credits - no-one is excluded. Almost everybody - young or old - has something to offer, from making supportive phone calls to neighbours to running small errands. Most importantly, everyone's time is worth the same.

Government ministers have ruled that time credits - earned by helping out in your local community via a time bank - should be disregarded by the Benefits Agency (See Time Banks UK Newsletter, Issue June 2000 for full details of the ruling). This follows on from a decision in August 1999 that time credits are tax exempt.

Top Tips for Making it Happen

  • Involve participants in creating the vision and setting the goals.
  • Make the evaluation an ongoing process. Have a space for people to write up their feedback and suggestions. This could be a flip chart on the wall with the different topics, for example - Goals, What's happening, Achievements and Ideas for making the project even better.
  • Integrate the evaluation into regular group activities so that participants can feed into the evaluation process.
  • Use your experiences to inspire other time bankers by sharing what you have learnt through the Time Banks UK Network.


Presentation Materials

Time Banking PowerPoint presentation (174kb)

Time Banks UK display for events - just add your own photos and stories (40kb Word document)


Contact Us for More Advice

We provide:

  • information and advice
  • starter pack
  • training
  • annual conference
  • outreach
  • local marketing and promotions
  • national media coverage
  • national policy work

Email [email protected] for more details.

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