Quantcast

Time bank offers bargains in Montpelier - WCAX.COM Local Vermont News, Weather and Sports-

Time bank offers bargains in Montpelier

Posted: Updated:
Joan Black Joan Black

Time is money according to the old adage, and for the past four years, Central Vermonters have been able to trade it for goods and services. Now, that experiment is expanding.

Joan Black frequently deposits and withdraws time from the Onion River Exchange in Montpelier. For every hour she spends promoting the service at farmers' markets, she receives a credit, which she can trade for an hour of someone else's time.

Black enjoys a tidy home. She regularly trades her time for dusting, gardening, and shoveling in the winter - activities she now finds tough to do. "The time bank has changed my life," she said, "it has enabled me to maintain a standard of living that I once had when my health and wealth was in good shape."

Staff at the bank recently found her a haircut for one credit. Black even tipped the beautician in hours, handing over five of them so that the new user would have time to spend at a craft show. "I assured her it wouldn't happen every time," said Black with a laugh when questioned about the size of her generosity.

This October, the service merged with REACH - a similar style program aimed at helping senior citizens. Bank Outreach Coordinator Heather Kralik says the combined site boasts more than 700 customers swapping more than 450 hours a month. "There's the naturally curious but then there are people who just really need some help," she said when asked to describe their account holders.

Users can offer services, products, or learning experiences. Kralik says many choose to simply donate the hours they accrue, either to organizations or individuals in need. "It's kind of a clearinghouse for volunteerism," she said.

Fearn Lickfield is self-employed. She teaches to earn a living and offers wool spinning classes, ceremony organization and flower essences on the exchange. "I am thinking of ways of incorporating, to actually have my business being a member," she said.

Lickfield says she would like to offer guest instructors compensation through the time bank. She also hopes to allow students who are low on funds to pay in hours.

Lickfield says she has found a few trusted partners to trade with almost exclusively. She meets with a business consultant she met through the exchange regularly, and they've reached a pay agreement based partially on money and partially on time. "She's helping us get ourselves up on an accounting system right now which is something that I've avoided all my life," Lickfield said with a chuckle.

Those involved say the bank offers more than just a stockpile hours, it's also compounding interest, slowly tying the community closer together one favor at a time.

Last week, the bank ran a special Thanksgiving themed promotion. More than 600 hours changed hands, more than in a typical month. Staff say investments like that should pay major dividends in growing the time-exchange movement.

You can find more info on the exchange by visiting www.orexchange.org

  • Local NewsMore>>

  • 2 charged with skid-steer joyride on I-89

    2 charged with skid-steer joyride on I-89

    Monday, September 1 2014 10:15 PM EDT2014-09-02 02:15:25 GMT
    The theft of some construction vehicles caused chaos on the Interstate this weekend.
    The theft of some construction vehicles caused chaos on the Interstate this weekend.
  • Bike racers wrap up weekend events

    Bike racers wrap up weekend events

    Monday, September 1 2014 9:59 PM EDT2014-09-02 01:59:03 GMT
    The Green Mountain Stage Race took to the streets of Burlington Monday.
    The Green Mountain Stage Race took to the streets of Burlington Monday.
  • Allergy sufferers brave ragweed season

    Allergy sufferers brave ragweed season

    Monday, September 1 2014 7:08 PM EDT2014-09-01 23:08:26 GMT
    If you're sneezing, your nose is running and you're eyes are itchy once again this year -- you're not alone. Fall pollen counts are peaking in our region and proving tough for allergy sufferers looking to enjoy the outdoors.Despite a spate of heat and humidity, the signs of fall are undeniable. Cooler temperatures and color are on the way. And even though many think of spring as "allergy season" due to tree pollens, this time of year can be particularly tough for allergy sufferers, too -- bec...
    If you're sneezing, your nose is running and you're eyes are itchy once again this year -- you're not alone. Fall pollen counts are peaking in our region and proving tough for allergy sufferers looking to enjoy the outdoors.Despite a spate of heat and humidity, the signs of fall are undeniable. Cooler temperatures and color are on the way. And even though many think of spring as "allergy season" due to tree pollens, this time of year can be particularly tough for allergy sufferers, too -- bec...
  • Holiday drivers find lower prices at the pump

    Holiday drivers find lower prices at the pump

    Monday, September 1 2014 6:59 PM EDT2014-09-01 22:59:21 GMT
    Drivers this holiday weekend found lower gas prices at the pump.
    Drivers this holiday weekend found lower gas prices at the pump.
  • Sanders addresses Labor Day rally

    Sanders addresses Labor Day rally

    Monday, September 1 2014 6:51 PM EDT2014-09-01 22:51:52 GMT
    Community members gathered in Burlington's Battery Park Monday to celebrate Labor Day -- and hear from Senator Bernie Sanders.Union leaders addressed the importance of employees supporting one another. They also thanked the community for supporting Vermont's unions. Senator Sanders says the holiday is for working people to not only celebrate their gains, but to also address issues facing the working class."There's a lot of work in front of us if we're going to make sure that our kids and our ...
    Community members gathered in Burlington's Battery Park Monday to celebrate Labor Day -- and hear from Senator Bernie Sanders.Union leaders addressed the importance of employees supporting one another. They also thanked the community for supporting Vermont's unions. Senator Sanders says the holiday is for working people to not only celebrate their gains, but to also address issues facing the working class."There's a lot of work in front of us if we're going to make sure that our kids and our ...
  • Authorities seize animals from Santa's Land

    Authorities seize animals from Santa's Land

    Monday, September 1 2014 4:32 PM EDT2014-09-01 20:32:03 GMT
    The Windham County Sheriffs Department says it seized multiple animals from the theme park this weekend.
    The Windham County Sheriffs Department says it seized multiple animals from the theme park this weekend.
  • Body discovered in Massena

    Body discovered in Massena

    Monday, September 1 2014 4:02 PM EDT2014-09-01 20:02:43 GMT
    New York State Police are investigating an unidentified body found in Massena.
    New York State Police are investigating an unidentified body found in Massena.
  • Community remembers O'Hagan's presence at Sheffield Field Days

    Community remembers O'Hagan's presence at Sheffield Field Days

    Monday, September 1 2014 6:54 PM EDT2014-09-01 22:54:21 GMT

    Sheffield Field Days is a Labor Day tradition -- attended by hundreds. But each year the event reminds the community who is missing.

    Sheffield Field Days is a Labor Day tradition -- attended by hundreds. But each year the event reminds the community who is missing.

Powered by WorldNow
All content © Copyright 2000 - 2014 WorldNow and WCAX. All Rights Reserved. For more information on this site, please read our Privacy Policy and Terms of Service.