I tried 'Kakeibo': The Japanese art of saving money-and it completely changed how I spend my money
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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.
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.
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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