Kakeibo: A Life-Changing Method for Saving Money - Deepstash
Kakeibo: A Life-Changing Method for Saving Money

Kakeibo: A Life-Changing Method for Saving Money

3 IDEAS

5.65K reads

Kakeibo: A Life-Changing Method for Saving Money

The Culture of Saving.

  • The original kakeibo books have fun illustrations featuring a 'savings pig' and an 'expenses wolf' that are battling each other throughout the month.
  • The hope, of course, is that the pig will beat the wolf every time.

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3.75K reads

4 important steps toward managing money.

This Japanese approach to managing household spending may be over 100 years old, but it's as relevant as ever.

  • Survival: necessary expenses such as accommodation, groceries, medical, etc.
  • - Culture: costs incurred by cultural activities, such as reading, films, theatre, music concerts, etc.
  • - Optional: things you don't need but choose to do, such as restaurants, shopping, having drinks with friends
  • - Extra: unanticipated expenses like birthday cards , repairs, replacements

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963 reads

Benefits of the kakeibo technique.

  • You don’t have to follow set budget percentages. How you spend your money is truly a reflection of your unique financial goals.
  • You don’t have to stress about organizing your spending into rigid budget categories. Kakeibo’s four categories are pretty broad, but they paint a good overall picture of where your money’s going.
  • Embracing mindfulness in your financial life through kakeibo can help you reduce your spending and save more.

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