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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.

• Can I live without this item?
• Based on my financial situation, can I afford it?
• Will I actually use it? Do I have space for it?
• How did I come across it in the first place? (Did I come across it after wandering into a gift shop out of boredom?)
• What is my emotional state in general today? (Calm? Stressed?)
• How do I feel about buying it? (Happy? Excited? Indifferent?)
• How long will this feeling last?

• It improve self-awareness.
• It allows you to understand and see things from a different point of view. 
• It allows you to respond, not react.
• It facilitates a deeper level of learning.
• It improves confidence.
• It makes you challenge your assumptions.

• STOP: Take a step back from life or a particular situation.
• LOOK: Identify and get perspective on what you notice and see.
• LISTEN: Listen to your inner guide, the innate wisdom that bubbles up when you give it time and space to emerge.
• ACT: Identify the steps you need to take moving forward to adjust, change or improve.

System 2 thinking informs how you focus on a particular task by using expert knowledge and focusing or applying conscious effort.

Consider driving to work and encountering an accident. This unexpected change demands you pay attention to your environment and monitor your behavior.

If you feel a gut reaction after meeting a hire, it's probably System 1 thinking.

But you can mitigate the risk of hiring the wrong person by engaging System 2 thinking. Check their references. Ask probing questions. Validate your gut reaction with other members of your team.

The trick is to be aware of switching from one system to the other. It’s useful to understand when you are thinking on autopilot, when you are paying attention and what's inside your mental toolbox.

You can’t change an emotion you don’t own.

Accept responsibility for its existence.  Because an external event always precedes your experience of an emotion, it’s easy to assume that the event caused it. But as long as you believe it was externally caused, you are going to be a victim to your emotions.

Emotions are the result of both what happens, and of the story you tell yourself about what happened.

• A victim story: it absolves you of your responsibility for what happened.
• A villain story: it exaggerates the faults of others and makes them responsible for what happened.
• A helpless story: it convinces you that any course of action is pointless.

• They have an easy time feeling good and recovering from adversity
• they have close, supportive social connections
• they believe that their presence in the world matters.

1. Purpose. Our purpose is a reflection of our core values, and we feel more purposeful at work when our everyday behaviors and decisions are aligned with those values.
2. Engagement. Prioritise some fun. Take ownership of decisions that affects you. Adopt a flow at work.
3. Resilience. The ability to handle, adapt to, and productively learn from setbacks, failures, and disappointments.
4. Kindness. Being kind at work involves treating others with dignity and respect, extending empathy and compassion, practicing gratitude, and constructively managing conflicts.

Emotions are powerful and managing it is tough at times. But by gaining control over them makes you mentally stronger.

You'll gain confidence in your ability to handle discomfort while also knowing that you can make healthy choices that shift your mood.

Emotion-related inputs from the body to the brain could have generated the first traces of consciousness in our early ancestors. Being able to feel pain gives a survival advantage to animals, as they could have withdrawn from dangers and rested to promote recovery when injured or ill.

The development of awareness of body-related harms might have ultimately paved the road for the emergence of more advanced forms of conscious thought and processes, such as language, thinking, and reasoning. 

Our bodies signal our internal states to us, but it also often externalizes them too. And being able to track others’ inner states and goals might be one of the more advantageous capabilities.

Humans and many animals are adept at reading each other’s intentions, feelings, and goals from their behavior such as facial and bodily expressions. This promotes social cohesion by exchanging emotions and other mental states and presents evolutionary advantages a purely private consciousness wouldn’t have.

Lucky people act on their intuitions across many areas of their lives.

Intuition is when your body and brain have detected a pattern before you have deliberately considered it.

You are more likely to be successful if you are optimistic about your opportunities.

When you think things will work out, you are more apt to persevere. You are also open to new opportunities.