Kakeibo: save hundreds of euros every month without any special effort or cancellation

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.

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There'sa Japanese art to everything, including how to save up for a house! It's called #kakeibo, and it's catching on for good reason: It claims to help people save more than one-third of their income— which could add up to a down payment on a house pretty quickly.⠀ ⠀ Pronounced kah- keh-boh (which means "household financial ledger"), the term and practice was invented in 1904 by Hani Motoko, purportedly Japan's first female journalist, to help manage household budgets. While the practice is common in Japan, the newly published English translation of the book "Kakeibo: The Japanese Art of Saving Money," by Fumiko Chiba, is currently selling like hotcakes here in the States.⠀ ⠀ Kakeibo promises to help those who follow it saves about 35% of their income every month. If you're interested in amassing this sizable chunk of change to buy a house (or, say, overhaul your kitchen), click the link in my bio to find out how kakeibo works, as well as how you can adopt these same habits in your own life.⠀ ⠀ ⠀ ⠀ #mortgageloans #mortgages #mortgage #realestate #realtor #realestateagent #firsttimehomebuyer #mortgageterms #mortgagetips #homeowner #homeownership #property #preapproved #lending #lender #financing #refinance #borrower #firsttimebuyer #forsale #homebuyer #househunting #renter #cleartoclose #settlement #settlementday #home #house #savemoney

A post shared by Sean Maloney (@mortgagemanmaloney) he Apr 4, 2018 at 10:22am PDT

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.