How does LETS work?

How does LETS work?...

LETS stands for Local Exchange Trading Scheme. Put simply it's a club to swap goods and service amongst the members. But they don't have to do direct two-way swaps as in ordinary barter, where trading can't occur unless two people happen to each have something the other wants. They can use a Community Currency (in Harrow it's called Harmonies) to acknowledge whatever goods or services they had received.

In a LETS, each person lists what they have to offer and what they need. These listings are entered into the Offers & Wants directory, now online, but it can be printed, from where the buyer contacts other members in order to trade. Another name for this process is "Mutual Credit".

One main advantage of LETS is that it helps people realise that they do have something to offer, so it encourages mutual support, rather than one-way volunteering. Whether they have skills or not, each member's time, energy, or resources will be of value to someone. Just a few examples are: shopping, cooking, cleaning, houseminding, transport, and lending home equipment, tools, or meeting space.

Start by asking yourself what you enjoy doing or look at the Directory to see what other members are already offering. You may also attend one of our regular Bring and Share parties - currently online zooms, or walks in the park. For forthcoming dates check your email or News & Events.

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