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Why and how to budget?
August 10, 2023

How do you make budgeting easy and fun? Here are some tips from people that were in a debt situation.

How to use our budget tool?

The best way is to take 5 minutes each day in the morning or evening to input your data for the day. This requires strong self discipline and motivation but best is to do it with FUN. Try it for one month…we are pretty sure your wallet will thank you!

How to install Temida Budget Tool on your smart device?

Learn how to install Temida Budget Tool on Android and iOS devices.

How to manage and keep motivation of good budget behavior over time?

Understand yourself & what motivates your behavior. What are the emotions I feel when I buy/have money? Is there another, different way to create such emotions for me?

20 ways to save costs

Monthly debt payments are the biggest money suck when it comes to saving. Debt robs you of your income! So, it’s about time you get rid of that debt. The fastest way to pay off debt is with the debt snowball method.

How to spend less on energy?

We’re always looking for tweaks to make in our budget to save extra money. You know—the kind that are actually easy to do and actually work. One of the easiest ways to save money is right there in your house.

What to check to better choose a loan?
August 3, 2023

We support you to keep a clear head in checking credit viability before choosing credit and before signing a contract. We are not a broker and can not advise on specific loans but support you to be more critical and to assess your real financial capacity.

How to avoid being in over-indebtness during loan lifetime?

Do not take a loan with too long a repayment period. Indeed, this way you can significantly reduce the amount of monthly installments, but it comes at a price. The longer you repay a loan, the more it will cost you.

Good debt vs bad debt

Good debt is defined by three factors: – The money is used to purchase something that is a necessary part of your life. – Repaying the debt does not blow up your budget. You can afford the monthly payments. – You have a plan to repay the money in a reasonable amount of time.

How to renegotiate your loans before you get in delay with financial institutions?

If you feel you will have problems repaying your loan, do not bury one’s head in the sand, start to renegotiate and we can help you.

If you get in delay on your loans what is happening and what can you do?

The financial institutions have different steps once you get in delay but very often they are open to negotiating and finding a solution.

How to plan and manage debt integrating them in the budget?

“The first step to regaining control of your finances and paying off your debts is to make a good budget.” Why? Because by putting your cash flow and monthly expenses in a budget network, you will be able to see more easily how much money you can free up to pay off your debts.

What are your consumer rights?

There are a few laws that guide your rights in the credit world. If you’re not in the legal profession, you probably won’t read the text of each of these laws. You should, at a minimum, be familiar with your rights.

Who are the different partners/players that can support you?

The main activities of the Commission for Consumer Protection are monitoring the market for dangerous goods, control of unfair commercial practices, elimination of unfair terms in the general terms of consumer contracts and remote sales.

How to tell to your kids?

Two discussions give parents the cold sweats. Telling your kids where babies come from, and telling your kids where debt comes from. Children will learn a lot about money from simply observing their parents.

How to handle stress possibly generated by financial situation?

Resolving financial problems tends to involve small steps that reap rewards over time. In the current economic climate, it’s unlikely your financial difficulties will disappear overnight. But that doesn’t mean you can’t take steps right away to ease your stress levels and find the energy and peace of mind to better deal with challenges in …

How to identify that your friend has a debt problem?

Several million people – up to 10% of the population – are reluctant to admit that they are having debt problems. As a result, we must call on friends and family members to do more to spot the tell-tale signs of money issues.

We advise on debt,
we don`t grant credits!