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Waltham Forest Local Exchange and Trading Scheme (LETS) is a way for any local person to trade goods and services without using cash. 'Payment' is in the local currency known as 'Beams'. Say, for example, you have joined LETS and have decorating skills. Another member has seen your entry in the LETS Directory and phones you to request some decorating. If you are able to oblige, you agree a sum of Beams for the job. When you have finished, you will receive your 'Beams' cheque and are now free to spend that cheque on any goods or services offered in the Directory.

"Beam" is the name given to the currency used by WFLETS. Established for over 10 years, WFLETS is buzzing with around 100 members all busily exchanging goods and services - but not cash!

Because its a community-run scheme, the services that the members offer are very varied, ranging from painting, gardening, computing, translation, reflexology or walking the dog! In fact the services are as varied as the members themselves, who are united in their desire to do some good in the community and make the most of their own skills.

"Everyone has something to offer, and everyone can benefit even if you haven't got much money, you can do something for other people and get something in return".