El Dinero Report November 2020 | WEARESUMA

Kakeibo – The Japanese Budget Method Explained

Kakeibo – The Japanese Budget Method Explained

Ramen is a lifesaver! 🍜 Whether you’re on a budget or need a quick meal It’s perfect. You can put an egg, a little peanut butter, or a little bit of Valentina o Tapatío . 😋

But Ramen is not the only Japanese gift to your budget from Japan. This is a savings method called Kakeibo. Kakeibo is the Japanese word for “household financial ledger.” 📋

With Kakeibo you track your expenses each month. With this system you organize your spending across multiple categories in one physical book. Your tía may have run her household in her head, but in Kakeibo, you actively look at how you spend each month.

When you’re cooking arroz y habichuelas you don’t leave them without checking. 🍛 So why leave your money?!? Checking in on your spending never hurts and it can give your bank balance ese gran sabor.

What are your biggest budget tips? COMMENT below! 

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