Time banking is a system of exchange where people trade services using their labor-time as a unit of account. At BGS we use "Spinach" to refer to one unit (one hour) of labor-time.
The Bergen Green Time Bank is based on the values of reciprocity and the equality of human effort. By valuing everyone's time equally we seek to empower New Yorkers – in particular those marginalized by the traditional economy – to take a stake in a growing pool of collective wealth.
How it Works
For every hour a person spends helping someone else through our Offers and Needs Market, or volunteering with Bergen Green, they earn one Spinach. Whether receiving or giving your time, you can log an exchange using this form. To log an exchange you'll need:
email addresses of both parties to an exchange
the last four digits of the phone numbers of both parties of an exchange
You can view all transactions and balances on our public ledger. Your ID# is the last four digits of your phone number.
Easy Ways to Get Spinach
Just for posting an offer on our Offers and Needs Market we'll automatically credit you with 1 Spinach.
Anyone who needs Spinach but hasn't been able to offer their labor-time, can withdraw up to 5 Spinach from the Common Fund per month. You can email firstname.lastname@example.org to request Spinach from the common fund
Spinach can be used to...
Access services listed in the Offers and Needs Market
Access goods and services offered through the Bergen Green Space
Become a voting member of Bergen Green Space by putting 10 spinach/month into our common fund.