Let’s start with the question “What is LETS?”
LETS is an acronym for Local Exchange Trading System.
It’s a bartering system.
When I lived in Reading I had a big house that needed furniture. I had no transport. I would obtain furniture via freecycle and ask a guy on the local LETS group to collect it for me. I paid him petrol money (cash) and also tokens called “Readies”. Each area has it’s own name for the token.
‘Readies’ in Reading
‘Locks’ in Wakefield (because of the canal system)
‘Tones’ in Wellington/Taunton because of the river Tone.
These are the ones I know about because I’ve lived and been a member there.
Wellington LETS members are keen on the gardening work party. Probably because, being in the country, people have fairly large gardens. So once or twice a year they organise a day where other members come and weed or prune etc. There is usually a complimentary lunch thrown in, some chatting and community spirit.
The picture above was taken at a work party. Such fun on a glorious day.
The garden owner then pays the workers so many Tones per hour for their effort which is agreed between them.
Another things that LETS does is hold a market. Usually once a month. People bring produce they’ve grown or food they’s made and sell them for Tones (and sometimes cash). These are open to the public so the public just pay cash but regulars are encouraged to join. People might also have a table selling bric-a-brac.
People also barter their services. When I was in Reading I looked after a member’s son for a few hours and cut another member’s hair. I hosted the AGM barbecue and was paid in Readies for the hire of my home and garden.
So now I’m looking for people who are available to give lifts when I want to do errands etc.