Welcome
L.E.T.S. (Local Exchange Trading System)
*** Christmas Gift Voucher for Membership Now Availabe ***
Current Members- Introduce a new member before the Feb meeting and get your 2009 membership FREE!! Yes, FREE Membership.
You can prepay your Gift Voucher and give a membership form with the voucher.
Are you interested in living for less?
Then RockyLETS may have the answer!
Getting help with the housework, your car tuned or other services listed in the trading sheet can be done without cash.
It may sound fantastic but it works!
So do you.
That is the basis of the system.
You get goods and services by providing other goods and services to members of the group.
What does it cost?
The answer is $12 per year to cover administration and postage. Your only responsibility is to reciprocate with someone in LETS.
A local currency called "ROCKS" is used
Can anyone use a LETSystem?
Yes. By becoming a member of a LETSystem you join a community based, no profit, not political group that exchanges goods and services between members
What is a LETSystem?
A LETSystem is a trading network supported by its own internal currency. It is self-regulating and allows its users to manage and issue their own 'money supply' within the boundaries of the network.
When did LETS start?
Michael Linton is the designer of the LETSystem. He emigrated from Britain to the west coast of Canada in the 1970's. In 1983 the first LETSystem in the world was implemented in the Comox Valley on Vancouver Island.
Do I have to earn before I can spend?
No, that's not necessary. All accounts begin at zero.
Can I split my charges and ask for part LETS units and part cash?
Of course, whatever makes sense for you. You may have cash costs to meet as part of the trade and you will usually want to recover those.
Why use a LETSystem when you have cash and credit?
For most of us, cash is hard-won and even harder to hold on to. It is in limited supply. But the internal currency of a LETSystem is never in short supply, since the LETSystem money is issued as and when it is required.
How can voluntary groups use LETSystem?
Because LETSystem money is easier to earn - it is also easier to give away. Voluntary associations which accept donations in local (LETSystem) money can use it to reward volunteers and to pay for essential services without using up their cash budget.
Want More info? Contact Angela at RockyLETS on 9592 2093
How to Complete your registration
- Firstly take your time. You may like to read our Trading Sheet to get some ideas on the services you would like to provide (offer) to fellow members of your LET System. It can be many or just one item or service, it doesn't matter because you can add or delete services at any time.
- Place these "offers" in the appropriate columns below. eg:
Skills Labours and Services gardening, typing, house cleaning etc Tools and facilities Use of drill, trailer, sewing machine etc Buy, Sell and Trade Ducks, pottery, plants, jams etc - Please ensure your annual household registration fee of $12 is paid. This fee is reduced by $1 per month after the 1st of January for memberships, until August, when a minimum fee of $5 applies for the remainder of the year. The registration form and payment can be mailed to PO Box 818, Rockingham, WA 6168