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St. Pete Timebank

The Five Core Values of Timebanking


Edgar Cahn, the founder of TimeBanks USA, created The Five Core Values of TimeBanking. It starts with the premise that all human beings have value to contribute; everyone has something they can share. People come together with Timebanking to increase our individual and community well-being. Members of St Pete TimeBank strive to follow these values, creating a community of trust.

  • Assets: Everyone can contribute to the community. We all have skills that are valued by others, even if they may seem insignificant to ourselves.
  • Redefining Work: There are some forms of work that money will not easily pay for, like passing down knowledge, giving a ride to the grocery store or pharmacy, honoring our seniors, and revitalizing neighborhoods. Time credits were designed to recognize and honor that work.
  • Reciprocity: Helping is a two-way street that empowers everyone involved – the receiver as well as the giver.
 By opening your heart to receive, you're allowing others the pleasure of giving. Paying it forward ensures that, together, we help each other build the world we all want to live in.
  • Community: Community is built by helping each other and building trust with informal support systems. By using Timebanking, we can strengthen and support these activities. We're better together.
  • Respect: Respect underlies everything we value. Respect supplies the heart and soul of democracy. We strive to respect where people are, at the moment, not where we hope they will be at some future point.

Our TimeBank community builds a sense of trust, because participants know that everyone has agreed to the Five Core Values. Edgar Cahn designed Timebanking to be different from money by focusing on our value as human beings and connecting us through the relationships we create through giving and receiving.

Each one of us has the ability to create the change we want to see!


~Beth, your Timebank Scribe