It's not uncommon to find at the end of the month that you've spent more than you expected, but you don't even know where the money went. Kakeibo will help you to keep a few more dinars in your bank account every month.
Kakeibo: The Japanese Art of Saving Money is a book that is absolutely insane world – which is not even unusual, because in it the readers find out, how to save as much money as possible.
The name is interesting, and the concept still more: a case of 100 Years of Bullet Journaling Combination and financial attention.
1. At the beginning of the month write down your fixed expenses and income. The difference will show you how much money you have available for the rest of the month.
2. Estimate the amount of money, which you want to save for the month, and put it aside immediately. This is a sum that you should forget about and not touch during your weekly expenses.
3. Divide the remaining money into four categories:
- survival (these are the most important things that are necessary for your existence)
- optional (things that are not necessary but can be bought)
- culture
- extra (things you didn't expect to buy).
4. Set realistic goals goals.
5. Make a pledge promises.
You should also ask yourself four questions each month:
- How much money do I have?
- How much money do I want to spend?
- How much am I actually spending?
- What improvements can I make?
BRB, I'm buying a financial journal.