Time Banking is a community-based system where people exchange services using time as currency. Instead of using money, participants earn credits by providing help to others, which they can later spend to receive help in return. For example, if someone spends an hour tutoring a child, they earn one time credit, which they can use to receive an hour of gardening help from another member.
This system promotes social interaction and strengthens community ties, as it encourages people to share their skills and support one another. Time Banking can be beneficial for individuals and communities, fostering a sense of belonging and cooperation among participants.