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Faith+Art+Love+Life
Amy Peterson

Time Dollars -- your time and talent is worth it!

Posted Monday, February 11, 2013, at 10:22 AM
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  • I've missed your blogs.

    This is an interesting concept - one that requires much thought, and of course, planning. I'm not sure my needle talents are anything others would find valuable, and then there's the quilt that took the better part of 5 years to make - while it's not for sale, how would one value those time-consuming projects.

    Also, who actually validates the hours one inputs into the software?

    Looking forward to hearing more.

    -- Posted by luvboji on Mon, Feb 11, 2013, at 8:43 PM
  • I contend that this would actually hinder peoples' ability to work together.

    -- Posted by Sony on Fri, Feb 15, 2013, at 8:51 AM
  • *or at least devolves into a monetary system when people figure out that everyone's time isn't exactly equal.

    -- Posted by Sony on Fri, Feb 15, 2013, at 8:52 AM
  • Sony - I just saw this. Everyone's hours must be counted equally in order for it to be considered nonmonetary compensation by the IRS. It can be considered tax-free services and assets and spending power in that way.

    Luvboji - anyone in the TimeBank could volunteer as an assistant coordinator and input hours on http://spencerokoboji.timebanks.org/

    That way there is some oversight rather than one person putting in hours AND both parties in an exchange -- or all of them in a complex exchange -- report so there is some accountability there.

    More soon!

    -- Posted by AmyPeterson on Mon, Sep 16, 2013, at 4:20 PM
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