'Time Banks' Are Trading Skills as Currency

In Louisville, Kentucky families are linking together to save thousands of dollars every year
3:00 | 01/15/14

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Transcript for 'Time Banks' Are Trading Skills as Currency
Hi this is world news -- on the headline -- in Louisville, Kentucky where people are doing something new it's called timing it. For example this chiropractor will he's seeing patients he's taking their time. And then he's turning -- using that time for something that he wants well guess what he likes cookies -- getting a lot of peace streets for his time but other people are doing things like. Gardening for example in turning around in getting a yoga class were talking to them here in Louisville, Kentucky but it's happening all over the country people gaining. Real money from their time and effort and doing real things that they would naturally already be doing and getting paid essentially with time to do it. For ABC news -- Yahoo! News I'm Rebecca Jarvis and you can follow me on Twitter at Rebecca Jarvis.

This transcript has been automatically generated and may not be 100% accurate.

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