time bank

All throughout 2010, Michigan Radio's Morning Edition host Christina Shockley asked people for their ideas on what we can all do to help our state. This year, she'll find out What's Working. Every week, we'll explore a new idea that's working to improve the state's economy and our lives. The series is called, "What's Working."

Today, we heard from Kim Hodge, Executive Director of MI Alliance of TimeBanks, about the rising popularity of time-banking in the state. So, maybe you're wondering just what time-banking is. The Alliance's website explains it like this:

At its most basic level, Time banking is simply about spending an hour doing something for somebody in your community. That hour goes into the Time Bank as a Time Dollar. Then you have a Time dollar to spend on having someone doing something for you. It’s a simple idea, but it has powerful ripple effects in building community connections.

Each Time Bank has a website where you list what you would like to do for other members. You look up Time Bank services online or call a community coordinator to do it for you. You earn Time Dollars after each service you perform and then you get to spend it on whatever you want from the listings.

With Time Banking, you will be working with a small group of committed individuals who are joined together for a common good. It connects you to the best in people because it creates a system that connects unmet needs with untapped resources. To see what happens each week when you are part of Time Bank is deeply fulfilling, especially if you are helping to make it run.