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Reading LETS
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Your LOCAL COMMUNITY GROUP THAT EXCANGES GOODS AND SERVICES WITHOUT USING MONEY
What is LETS?
LETS: stands for Local Exchange Trading Scheme. There ara over 400 LETS schemes in the UK today. It`s a schame that allows local people to exchange goods and services with one another without using money. People come together to barter amongst themselves. Our currency is called Readies: as a rough guide 10 Readies is similar to one hour`s labour.
Everyone's time is equally appreciated.
How does it work?
The scheme is run by and for its members. Reading LETS issues a regularly updated directory of members` offers and request of skills, goods and services.
Members trade by mutual agreement. A rate in Readies is agreed together with any cash payment to cover materials. A member writes a `cheque` for goods and services received. The scheme`s accountant records transactions and publishes accounts of members` trading balances.
Who benefits from it?
Employed people wishing to develop their talents and help local trading.
People on low incomes needing acces to goods and services that they could otherwise not afford.
People who are unemployed wanting opportunities to use and develop skills.
Local organizations.
In fact, everyone!
Who can join?
LETS is open to all in the community - individuals, households, charities and businesses - all kinds of skills, goods and services are welcome and needed.
We cover the Reading area but we also have members further out. Check with us for details.
Do I have to earn before I spend?
No, you do not have to earn Readies before you can spend them - you are keeping this alternative economy healthy just by using the system. In fact, 30 Readies are credited to every new account that is opened - to help get you going.
How does it differ from the money system?
One fundamental difference in a LETS scheme is that no interest is charged for going into `debit` and no stigma is attached to it. In fact the system will not work unless some people do.
Making friends
LETS is an excellent way of meeting people and making friends. Share your interest and discover new ones.
Our regular social events are an opportunity to meet other members, see what they have to offer and what they need and are a chance to offer your services.
How do I join?
We hope this leaflet has answered some of your questions about LETS. There is a very small sterling membership fee. In return, you`ll receive the current Reading LETS directory of goods and services, a regular newsletter and your own LETS cheque book. Phone the contact number overleaf and we will send you an application form.
Some of the skills and services we exchange through Reading LETS:
Arts and Crafts
Babysitting
Computer Services
Cooking
DIY
Dressmaking, Sewing&Knitting
Dog Walking
Editing
Education,Tuition
Gardening, Plants&Produce
Goods, Tools&Equipment
Guided Walks
Health&Thearapies
Language Tuition
Labouring
Office Services
Sitting&Minding Services
Transport
Useful Neighbours
Contact no: Liz on 0118 9422437
E-mail: readies@hotmail.com
Web site:Click HERE
What is LETS?
LETS: stands for Local Exchange Trading Scheme. There ara over 400 LETS schemes in the UK today. It`s a schame that allows local people to exchange goods and services with one another without using money. People come together to barter amongst themselves. Our currency is called Readies: as a rough guide 10 Readies is similar to one hour`s labour.
Everyone's time is equally appreciated.
How does it work?
The scheme is run by and for its members. Reading LETS issues a regularly updated directory of members` offers and request of skills, goods and services.
Members trade by mutual agreement. A rate in Readies is agreed together with any cash payment to cover materials. A member writes a `cheque` for goods and services received. The scheme`s accountant records transactions and publishes accounts of members` trading balances.
Who benefits from it?
Employed people wishing to develop their talents and help local trading.
People on low incomes needing acces to goods and services that they could otherwise not afford.
People who are unemployed wanting opportunities to use and develop skills.
Local organizations.
In fact, everyone!
Who can join?
LETS is open to all in the community - individuals, households, charities and businesses - all kinds of skills, goods and services are welcome and needed.
We cover the Reading area but we also have members further out. Check with us for details.
Do I have to earn before I spend?
No, you do not have to earn Readies before you can spend them - you are keeping this alternative economy healthy just by using the system. In fact, 30 Readies are credited to every new account that is opened - to help get you going.
How does it differ from the money system?
One fundamental difference in a LETS scheme is that no interest is charged for going into `debit` and no stigma is attached to it. In fact the system will not work unless some people do.
Making friends
LETS is an excellent way of meeting people and making friends. Share your interest and discover new ones.
Our regular social events are an opportunity to meet other members, see what they have to offer and what they need and are a chance to offer your services.
How do I join?
We hope this leaflet has answered some of your questions about LETS. There is a very small sterling membership fee. In return, you`ll receive the current Reading LETS directory of goods and services, a regular newsletter and your own LETS cheque book. Phone the contact number overleaf and we will send you an application form.
Some of the skills and services we exchange through Reading LETS:
Arts and Crafts
Babysitting
Computer Services
Cooking
DIY
Dressmaking, Sewing&Knitting
Dog Walking
Editing
Education,Tuition
Gardening, Plants&Produce
Goods, Tools&Equipment
Guided Walks
Health&Thearapies
Language Tuition
Labouring
Office Services
Sitting&Minding Services
Transport
Useful Neighbours
Contact no: Liz on 0118 9422437
E-mail: readies@hotmail.com
Web site:Click HERE
The Utility Warehouse
02380 601407
07788 683077
Please Phone Mobile 1st
- Business is local to RG4
- Indicates business has a Community Club code for you to use to receive discounts, etc.
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