Finance

Assumptions

• non-extreme philosophical aversion to the use of money: it is resisted but accepted.
• non-extreme practical aversion to securing money: people would rather not spend their time and energy getting it.

Income

Money coming in is highly preferred on an 'unconditional' basis (a.k.a. expectation-free sharing, non-reciprocal exchange, donation, gift, asynchronous flow, etc) such as:

• donations from occupants (personal savings, wages)
• donations from other humans (friends, family, crowd-funding anonymous BitCoins)
• donations from organizations (various funding)

Not on 'conditional' basis:

• exchange of material or labour
• shares in the building

As such, it is possible that the project will have limited and irregular financial resource.

Expenditure

Money is used to secure an outcome which can be approximately broken down to material costs and labor costs. These costs can be reduced or eliminated with sufficient time and energy from contributors which for philosophical reasons and practical limitations, it is generally a good thing. However, the time and energy of contributors also has practical limitations: sometimes whether to achieve something using finance or wuppnance will be in question. Example: We want a roof.

Since money is a scarce resource, matters involving it are non-trivial and using it requires some thought. Finding creative options and estimating relative benefit, financial cost and/or contributor resource as a general recommendation (see Social Architecture). Contributors could be trusted to spend money up to a certain level and have it easily reimbursed. (We should see how Niederkaufungen do this stuff)

Next steps

• How can we secure all capital expenditure?
  • Research funding.
• How can we minimize our operational expenditure?
• Set up bank account (See Legal)
• Breakdown of desired outcomes: How can they be achieved? What is the benefit? What are the costs in terms of money, time and energy?
• Decisions about big money: how, who? (See Social Architecture, Legal)