The Kakebo is a traditional Japanese way of saving money every month.
According to the Japanese, the trick is not to spend less, or not at the beginning, but rather to be aware of how it is spent and why. By becoming aware of our spending, it will be easier subsequently to make some adjustments. And to achieve this, there is nothing better than writing everything down.
Many people don't pay attention to the prices of their purchases and are in addition rather impulsive in their spending. So they spend money every day for items that are useless.
So in Japan, to save money, you keep a household account book to manage your personal budget.
The Kakebo was invented in 1904 by journalist Motoko Hani and it is still used by many people who keep their accounts up to date. On the pages of this Kakebo is entered all the incomes and expenses of money. The main purpose of these transcripts is to make people think about their own consumption habits and improve their financial management by eliminating anything that is unnecessary.
How does it work:
At the beginning of each month you should write your initial budget and fixed expenses: Also write down the amount you would like to save at the end of the month and all your good intentions, eg Quitting smoking, finding a less expensive petrol station , enjoy small prices in supermarkets ... etc.
Then, each day you will write the expenses made and detailed
At the end of the month you will need to calculate the remaining balance of your Kakebo and learn a lesson from your monthly expenses. Take into account the actions taken. Have you achieved your goals. Could you have avoided some expenses? But most importantly, you can do better next month. The goal is not to become too frugal, but rather responsible.
For the Japanese, the Kakebo is not just household account book, it is a way of chasing stress and negativity from financial mismanagement.Keeping a similar diary developsself-discipline and self-knowledge. The tip to not falling into the trap is to write "manually" and "not numerically" the incomes and the expenses.
You will find Kakebo in some bookstores where you can find models to copy on the internet!