I tried 'Kakeibo': The Japanese art of saving money-and it completely changed how I spend my money
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.
SIMILAR ARTICLES & IDEAS:
# Writing every transaction down
# Using a spreadsheet to track your spending habits
# Loving credit cards
# Never thinking of purchases in terms of *present* value
# Studying computers (there are loads of unfilled computer jobs)
# Using tools that aggregate all of your accounts into one place.
Your net worth is more important than how much money you make. It’s amazing how many people don’t realize this simple truth. All that matters is how much you save out of your salary.
Pay yourself first is such simple advice, but so few people do this.
The best investment decision you can make is setting a high savings rate because it gives you a huge margin of safety in life.
The only way to get ahead financially is to stay behind your own earnings power.