Local currencies
What is a local currency? It is money issues and managed by a local organisation. Government may insist on some invlovement as it isn’t a way to avoid GST however essentially it is money organised by the community it serves.
Category: Blog
Timebanking
Timebanking is a unique system where time, rather than money, is the currency. In a timebank, members exchange skills, services, and goods within their community, valuing everyone’s time equally. There are currently 30 timebanks operating in New Zealand, each fostering
Collaboration versus competition
Competition makes enemies In a competitive environment, people are often pitted against one another, each striving to come out on top. This constant battle for superiority creates an atmosphere of distrust and animosity, where individuals view others as obstacles rather
Savings Pools
Intention of Savings Pools Savings pools are designed with the intention of empowering individuals and communities by creating a supportive financial network. Unlike traditional banking systems, savings pools are rooted in mutual trust and cooperation, allowing members to manage their