To better serve the community, we are in the process of developing a standalone website. The Time Exchange itself is still fully functional and operating and can be accessed through the links below. Please use these links to navigate to the Time Exchange's trading forums or to join. If you are disappointed that the website is so bland, log in or join below to help us change it!
Log in - Click here if you are already a member of the Chicago Time Exchange and would like to log in to participate in the online community.
Join - Click here if you are not currently a member, but would like to join the Chicago Time Exchange and start trading.
Click here to contact us
Who we are
The Chicago Time Exchange is a community of individuals who exchange services for services without the use of paper money.
How it works
The process of the Time Exchange is as follows:
- Bob posts an offer of a service he is able to provide on the CTX trading forum. Bob is good at baking bread, and posts that he can teach lessons on how to bake homemade bread.
- Susie wants to learn how to make bread, so she contacts Bob through the website and they organize a time and a place to meet, and Bob teaches Susie how to bake homemade bread for two hours.
- Bob has just earned 2 Time Dollars (one for each hour of his service) from Susie, who has paid Bob these Time Dollars.
- Later, Bob needs help moving out of his apartment into a new one. He posts a request on the CTX trading forum.
- Grant sees Bob's request and agrees to help Bob move. Bob spends his Time Dollars by giving them to Grant for helping him move.
Benefits of the Time Exchange
The benefits of participating in Time Exchanges are innumerable. Easiest to see, is the hundreds of dollars that Bob and Susie have saved in using the Exchange rather than paying for these services. Also invaluable is that the exchange and the act of trading brings neighbors together.
But beyond that, let's explore another situation that shows the benefits of the exchange in a different light:
A person needs someone to grocery shop for them, as they cannot easily leave their home due to some condition (e.g. age or another impairment), they only need to exchange hours to get the help. Without the exchange, they have two options: 1) Accept the help of someone who expects nothing in return, or 2) pay for an expensive home grocery service. The second option may not be possible, and the first creates a relationship where one person is a benevolent giver who doesn't need anything the elderly person has. While the helper has been very kind and doesn't expect anything in return, the elderly person has been relegated to a position of some indignity, being forced to ask for help, and seemingly having nothing to offer in return.
With the exchange, he or she could teach someone to sew, tell stories of their childhood, or tutor math (depending on their skill set), and then use the hours they've earned to pay for the services they need. In this respect, people who have needs that they may not otherwise be able to pay for with paper money, can have those needs fulfilled without having to become another's charity.
What is new?
Right now - on the CTX
Homemade bread! Baked just for you.
Need help in your backyard? There is a person who loves to garden and can help you!
Easy Yoga available.
Can't draw? Someone can teach you!
Members are looking for people to teach ukulele, pool, and sewing.
Vegetable gardening help.