Kakeibo - Deepstash

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Kakeibo

Kakeibo

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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MORE IDEAS FROM THE SAME ARTICLE

Before purchasing non-essential items ask yourself:

  • Leave the item for 24 hours. If you still want it and can afford it, then make the purchase.
  • Don’t let “blowout sales” tempt you. Ask yourself if you would buy the item if it were full price.
  • Check your bank balance first thing every morning. It will ensu...

The idea behind kakeibo is to help you understand the relationship with money by keeping a ledger with all incoming and outgoing transactions.

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