Monthly money call

Participants: Nick, Tilmann, Janina
Faciliator: Nick
Date: 30th November 2019

We had the first of our new monthly money calls!

The idea is to distribute money from the “karrot account” which has been sat there for a while due to lack of a concept of how to share it.

We had a long-ish free-ranging discussion across a few main areas:

  1. high level meta concepts about money, value exchange logic, economics, etc
  2. our personal lives and finances
  3. practical ideas to put into practise right now!

The process was initiated by me because I am trying to create a life structure in which I can work on the projects I really want to, and cover the costs of my life. I am also very interested at the moment in these wider abstract questions, things like:

  • moving away from wage labour
  • money to support what it takes to be able to work on the project
  • money to use to get things which cannot be got for free

We thought about whether it should be just to cover costs of life, or also pay for things like travel costs for other people to come and join hackweeks, or to enable people to participate where money would be a problem otherwise. We are all very middle class and have had relatively comfortable/supported financial lives. We have all had savings, but generally they are going down now - so in some way our current lives are not sustainable.

I am interested in a way of society and work that is sustainable in some way, accepting that this might mean significant changes to keep costs low.

We wondered what it takes for people to join the money calls, and thought it should be fairly loose, but that participation in the weekly calls would be useful. It will probably primarily work because of the trust relationship between us, so should build that up with any people joining.

It’s also nice to be able to support projects like kanthaus that help the project a lot.

We agreed to transfer 70EUR to each of us this month, and reflect on how it felt in the next call. We don’t want to feel like we are working for the money, or to start spending more as a result of receiving some money.

We also agreed to write the minutes publicly for transparency about what we are doing and thinking!

Future monthly calls would be a lot shorter, skipping all the meta topics…

I didn’t take notes during the meeting to keep it free flowing, so these are maybe biased towards my personal thoughts, feel free to add any points I missed @tiltec / @djahnie.

Next call: 27th December 2019
Next faciliator: Janina

4 Likes

“EfA – Essen fuer Alle” works entirely on a voluntary basis.

Even so, EfA could not work so efficiently, collecting food and distributing it to people who need it, without your work on karrots.

EfA would agree and would be glad, if we can support your work on karrots e.g. by a monthly contribution.

3 Likes

It looks like you are pretty much looking for the “holy grail”
a lot of ppl would like to have

  • a sustainable income that let’s you do what you want without obligations
    or feeling bound to any expecation receiving money.

are the money calls open for everyone ?

are the money calls open for everyone ?

I think they are by default open to join for “Karrot contributors”, that usually means people who regularly join the weekly call or make/made other significant contributions. As we don’t have formal rules (yet), we can make exceptions, but I personally would ask less involved people to read the minutes instead.

Date: 2019-12-27 12:30 (UTC+1)
Facilitator: Janina
Participants: Nick, Tilmann, Janina

1. Last month review

write down some words about your financial situation and how you felt about karrot money in the last period

  • Since last month was the first payday meeting we wanted to find out how it feels to receive money from the Karrot fund.
    • Sadly we didn’t manage to actually transfer money. That makes it hard to say how it feels to get it…^^’

2. Up this month

write down what you expect to happen with regards to karrot money in the next period

  • Bruno and Sandro will come to Kanthaus in January to focus on Karrot. We want to offer them some refund for travel expenses.
    • The amount would be based on low budget traveling, not on the ticket price already paid.
  • We agreed on paying each of us 70€ again and Nick did a bank transfer of 280€ to Tilmann’s account immediately (70€ per month for Janina and Tilmann).
    • This means that next month we’ll be able to say how it felt to having received money from the Karrot fund. :slight_smile:

3. Discussion

  • More meta talks about the concept of money in general and how it relates to value and trust.

4. Next

Next meeting: 2020-01-31 12:30 (UTC+1)
Next facilitator: tba

Date: 2020-01-31 15:00 (UTC+1)
Facilitator: Tilmann
Participants: Nick, Tilmann, Janina

Notes

  • Janina likes the feeling of donating some money to Kanthaus, Tilmann agrees
  • We should ask Sandro again explicitly if he’d like some travel costs to be reimbursed.
  • Set aside money for foodsaving worldwide conference at foodsharing festival?
    • not yet, maybe apply for Engagement Global funding
  • Funding for foodsaving communities
    • what would they need money for? -> start research in community forum
    • make clear that we see it as redistribution, not as handing out our money -> we also seek donations!

Expenses

  • Nick’s travel cost for Hackweek: 33€
    • will be directly taken out of the cash machine by Nick
  • Kanthaus Hosting of Hackweek: 50€
    • via Tilmann and Janina, delay payout until next payday call to reduce bank transfer fees
  • Nick, Janina, Tilmann payout: each 70€
    • delay Janina and Tilmann until next payday call to reduce bank transfer fees
  • Domain costs for 2019: 73€
    • foodsaving.today: about 19€/year
    • karrot.world/foodsaving.world: about 27€/year each
    • will be directly taken out of the cash machine by Nick

Next

Next meeting: 2020-02-28 12:30 (UTC+1)
Next facilitator: tba