Japan is one of the richest countries in the world. Well known as one of the world-leading inventors who has helped the world in the production of cars and many technologies.
You may know Japan to be one of the richest but you may not also know Japan was one of the poorest countries in the world after world war two. They were very highly indebted countries in the world.
This was what made a woman come up with this means of saving money in Japan to help household take charge of their finances especially housewives.
What is Kakeibo?
This is a 100-year-old practice. Part mindfulness, part budget, and part journaling, challenges adherents to take a close look at their budget to gain a better understanding of what is going on, what can be saved, and where things are going wrong. The entire practice is built off of a journaling concept but utilizes four pillars to help you organize your spending.
Is by writing or keeping a journal of your everyday expenses, and being able to take note of all your needs and wants.
It has become general and necessary in Japan after it was being approved by their President.
Today it could be said that it is one of the major reasons Japan is rich.
How can you also copy this and make a maximum benefit from this?
Get a small notebook and start writing your income and expenses and be tracking it often to know your needs and wants and know where to save, where to cut up spending and how to earn more.
Content created and supplied by: JBKfacts (via Opera News )
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