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Amanda Witman

For many of my neighbors and friends, as well as myself, the “economic downturn” has crunched budgets that were tight to begin with. There are empty storefronts. Lots of people are unemployed or under-employed. Many people have more time on their hands than they have money.  Taxes and fuel prices are rising, while wages stagnate.  It's hard for many families to make ends meet.  It's not just my community; it's happening all over the U.S. and in other areas of the world.

With the long-term value of the dollar uncertain and many people’s incomes shrinking relative to the cost of goods and services, alternative currency systems are being proposed in some areas. Some are even currently viable in certain communities. In Brattleboro, Vermont, where I live, there is still no alternative currency in use, although I am aware that certain community members have met over the years to see about getting one going.

Instead, just two years ago, the Time Trade (also known as “time banking”) came to our town, and although it is not a currency per se, it has been very successful in enabling people get for “free” what they would previously have paid for in cash. It has also fostered community among members, many of whom share concerns about the general health of our community and the erosion of social connection in recent years.

The basic premise of time banking, put forth by Edgar Cahn over twenty years ago, is simple: One hour of one person’s time is worth one hour of any other person’s time. Period. No matter what we do with that time, an hour is an hour.

Time Banking

For many of my neighbors and friends, as well as myself, the “economic downturn” has crunched budgets that were tight to begin with. There are empty storefronts. Lots of people are unemployed or under-employed. Many people have more time on their hands than they have money.  Taxes and fuel prices are rising, while wages stagnate.  It's hard for many families to make ends meet.  It's not just my community; it's happening all over the U.S. and in other areas of the world.

With the long-term value of the dollar uncertain and many people’s incomes shrinking relative to the cost of goods and services, alternative currency systems are being proposed in some areas. Some are even currently viable in certain communities. In Brattleboro, Vermont, where I live, there is still no alternative currency in use, although I am aware that certain community members have met over the years to see about getting one going.

Instead, just two years ago, the Time Trade (also known as “time banking”) came to our town, and although it is not a currency per se, it has been very successful in enabling people get for “free” what they would previously have paid for in cash. It has also fostered community among members, many of whom share concerns about the general health of our community and the erosion of social connection in recent years.

The basic premise of time banking, put forth by Edgar Cahn over twenty years ago, is simple: One hour of one person’s time is worth one hour of any other person’s time. Period. No matter what we do with that time, an hour is an hour.

Last year I was living with my children in a worn 1969 split-level ranch-style house on an acre, ten rural miles from the nearest town hub (technically a city, with a population of 12,000.)  This year we moved to a 1920s two-story Victorian on a tenth of an acre, right in the heart of that city.  I’d like to share how we made that decision and increased our resilience in the process.

Moving to Town

Last year I was living with my children in a worn 1969 split-level ranch-style house on an acre, ten rural miles from the nearest town hub (technically a city, with a population of 12,000.)  This year we moved to a 1920s two-story Victorian on a tenth of an acre, right in the heart of that city.  I’d like to share how we made that decision and increased our resilience in the process.

 

If you are short on time and want a quick list of tips, click here for Ten Free Things You Can Do Right Now. Otherwise, read on:

How to Prepare When Times Are Already Tight

Here at PeakProsperity.com, I manage correspondence and respond to most incoming email from users, among other things. We sometimes hear from people who complain that our site is not relevant to their situation because they have no extra funds to invest or put toward preparedness.

Let me be the first to say that there is something here at PeakProsperity.com for everyone, and there absolutely are meaningful ways to improve your situation and outlook even if you don’t have “extra money.” The good news is that there is still time, and with a little creativity and awareness, you can also be among those who feel more securely prepared for the very different future that we are facing.

Prepping on a Shoestring

 

If you are short on time and want a quick list of tips, click here for Ten Free Things You Can Do Right Now. Otherwise, read on:

How to Prepare When Times Are Already Tight

Here at PeakProsperity.com, I manage correspondence and respond to most incoming email from users, among other things. We sometimes hear from people who complain that our site is not relevant to their situation because they have no extra funds to invest or put toward preparedness.

Let me be the first to say that there is something here at PeakProsperity.com for everyone, and there absolutely are meaningful ways to improve your situation and outlook even if you don’t have “extra money.” The good news is that there is still time, and with a little creativity and awareness, you can also be among those who feel more securely prepared for the very different future that we are facing.

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