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How does LETS work?

LETS
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How does LETS work?

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LETS works a little like a baby-sitting club, where members earn credits by baby-sitting other people’s children, spending whenever they need child minding. Unlike a baby-sitting club, however, LETS extends the range of services to whatever is available locally. A successful LETSystem can provide members with food, clothing, housing, transport, health and legal services, repairs, equipment, business services, entertainment and much more, at a reduced or no cost in Federal dollars, through the operation of a community based credit economy. • It is available to anyone who is a member of the community and who joins a LETSystem. • Individuals and businesses can use it to advertise goods or locate what they want, either by telephone, mail or in person. • Information is updated regularly, added to or deleted at any time, and circulated regularly to members. • There are no limitations or obligations on use. LETS is its name and “lets” is its nature! Upon paying a small registration fee member

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