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How Street Banking can save the World

August 12, 2010

What is Street Banking?

Street Banking is a community project designed to bring neighbourhoods closer together and make the world a little bit nicer. 🙂

This is what it looks like in drawing, or conceptually if you like…

Simply put, Streetbank is a site that helps you share and borrow things from your neighbours. Creators Ryan, Nick and Sam say that communities that help each other are closer, nicer, and friendlier to live in. Streetbank can help make your neighbourhood a nicer place.

It also makes sense economically. If there are 100 houses on your road and each of them uses a ladder maybe once a year to clean the guttering, they probably don’t all need their own ladder. One ladder shared between everyone should be enough. This short video from Sam explains their philosophy.

More importantly, Street Banking helps to reduce the culture of consumerism and encourages the basic human value of sharing. In Singapore, even if you stay 1m away from your neighbor (if you live in HDB apartments), I doubt that you often share anything more than salt, sugar or eggs! More often than not, household items that are “shared” come in the form of discarded furniture being left in the void decks and then retrieved/”stolen” by some one else who needs it!

Household items left in HDB void decks

So what say you Singapore? Instead of doing such ugly things, perhaps round up the items you don’t want, either donate them to The Salvation Army, call-up a Karang Guni man (Rag & Bone man), or join Streetbank to share your items!

I’ve already signed up for an account, and you should to! I look forward to Street Banking covering more ground in Singapore! This is such a cool idea and I wonder why no one here thought about it before!! Join & enjoy! 🙂 Oh and thanks Chris for posting this up!

You may also join Streetbank’s Facebook page here and follow them on Twitter here!


One Comment leave one →
  1. June 26, 2013 12:41 pm

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