Can members be compensated for expenses?
Can LTB members be compensated for travel expenses and any materials they have had to purchase as a direct result of the trade?
The answer is Yes. Time Banking is all about sharing time and this is what you are banking i.e. TIME. Sometimes there maybe a monetary cost involved.
- Transportation - you are providing transport, perhaps to the airport, a medical appointment or grocery shopping. There will be a fuel expense.
- Baking / Cooking - you are baking / cooking for a member. There will be an ingredients expense.
- Massage - you are giving someone a massage. There may be expenses involved in oils etc.
For trades where there are expenses involved we encourage you to discuss and agree these with the member you are trading with, PRIOR to the trade happening.