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Kakeibo translates as "household financial ledger" and is a simple approach to managing your finances.
For the past 116 years, kakeibo has been effective in helping people make smarter financial decisions.
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The idea behind kakeibo is to help you understand the relationship with money by keeping a ledger with all incoming and outgoing transactions.
The difference from other budgeting systems is that kakeibo emphasizes the importance of physically writing things down as a way to observe your spending habits.
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Before purchasing non-essential items ask yourself:
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"In fact, the confidence of the people is worth more than money." ~ Carter G. Woodson
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