Nibud: an independent foundation
Nibud (National Institute for Family Finance Information) is an independent foundation. The national government and the private financial sector (banks, insurance companies) finance more or less 30% of the projects. The rest is financed by the revenues of the Nibud products. Its goal is to promote a rational planning of family finances, these contributing substantially to family welfare in Nibuds opinion.
Pursuing its goal
Nibud pursues this goal by offering advice, information and education. Not only directly to all individuals and households but also indirectly through a wide range of professional intermediaries like public servants, teachers and consultants in the fields of mortgage, insurance, savings and loans.
Individuals and households are addressed through the mass media using free publicity and products concerning family budget subjects. Nibud supports the intermediaries by means of an annual budget handbook (including a large number of reference budgets) and software. Furthermore, Nibud offers instruction facilities for these professionals.
Schools
Special attention is given to the stimulation and supporting of budget education in schools, among other things by developing suitable software. Also Nibud is the main partner in a large scale bi-annual survey amongst youngsters.
Learning goals and competences
For years, Nibud has had money management methods for (young) adult education. Methods have also been developed in recent years for primary and secondary education and for those following vocational training. Nibud always works with educational professionals when developing new methods.
The various educational products and methods are based on learning goals and competences formulated by Nibud. Over the years, these have been constantly adjusted to keep pace with developments in society and in response to feedback from schools. These Nibud learning goals and competences have now been collected in a publication so that others can also use them.
Download: Nibud learning goals and competences for children and young people (PDF)
It is about keeping the balance
Nibud is not a consumers' organization. Its object is not how people spend their money or what they buy, nor their legal position as consumers. The object is the planning of their income and expenditure, and how to use the tools of financial management (such as estimating and bookkeeping, but also taking out loans, saving, insuring) to keep their –financial- lives in balance. And, of course, information about costs, subventions, taxes, benefits and allowances.
Nibud was founded in 1979. The office is based in Utrecht. Nibud employs a staff of 24.