Did you know that Abraham Lincoln was in debt in early 1840 and his solution to recovering from it was exactly when cutting down on many expenses he had. There are various stages to breaking down your finances when using a kakebo, and you chart your funds on a daily, weekly and monthly basis, with an annual overview and ‘time to reflect’ self-questionnaire after twelve months. With this invaluable guide you’ll interact with your spending every day for two years, and learn how to manage your personal budget. And you take some time to look at the spending as a whole and then have a think about how you feel about your spending.

At the start of each month simply decide how much you want to save and what you need to do to achieve your goal.She was a journalist in the early 1900’s who became interested in how women spent their household budget. At the end of the month, you review your progress to see whether you’ve stuck to your original targets. If you’ve ever saved for a House or a Wedding or something you really wanted you would know how it just become that bit easier to save. Kakebo is perfect for me as it is a recipe for decluttering the finances when applying minimalism (something I have been trying to master pre-2023 already). Plus, its simple yet inviting for-color graphics help you break down each expense and easily identify see where adjustments need to be made.

It then encourages you to look back on what you’ve spent and spend some time reflecting on how you feel about the expenditure. The review sections of the kakebo are also where you’ll find your motivating affirmations, and they’re pretty high brow. In a previous post I talked about how important knowing where your money has been going is to planning any sort of financial budget moving forward. Saving money with Kakebo isn’t about being stingy, it’s about working out what is most valuable for your well-being. This concept was dreamed up in 1904 by Hani Motoko, who is considered Japan's first female journalist.

If saving more is important to you, you’ll be able to see the areas of your budget that are stopping you from doing so.

Read more about the condition Very Good: A book that has been read and does not look new, but is in excellent condition.

By keeping close tabs on what youre spending, youll be able to identify the waste and see the most significant areas where adjustments can be made. For the answer to these questions and more, look no further than Kakebo - the budgeting journal used by millions every day in Japan to manage their household spending.