Practical Steps for Kakeibo - Deepstash

Practical Steps for Kakeibo

1. Determine Regular Income and Expenses: Identify your regular sources of income and expenses.

2. Plan Monthly Expenses: Create a budget for daily needs, entertainment and savings.

3. Record Daily Expenses: Write down all your expenses to know your spending pattern.

4. Monthly Evaluation: Analyze and evaluate at the end of every month to find out which areas need improvement.

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wahyuas031

Founder of @kjusaja | @kripsaja | @kfruitaja @kawankerjaa | @kata.kawanku

This book discusses practical ways to record expenses and income, as well as reflect on spending habits to achieve financial balance.

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Make a Budget in 6 Simple Steps

  1. Gather every financial statement you can (bank statements, investment accounts, recent utility bills).
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  3. Create a list of monthly expenses.
  4. Break expenses into 2 categories: fixed and variable.

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Once you have an idea of what you spend in a month, you can begin to organize your recorded expenses into a workable budget . Your budget should outline how your expenses measure up to your income—so y...

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