Who does not like to reach the end of the month with extra money in your pocket? Because in these times of crisis when salaries are so low and rents so high, having a small amount with which to save money for future investments or simply for pamper yourself, It is something that not everyone can afford. And, far from it, it is guaranteed every month.
However, there are different methods that help keep track of the expenses that each person may have on a monthly basis and make the most of the income received. One of these techniques comes from the land of the rising sun and is more than a century old: the Kakebo. A word that in Japanese kanjis literally means ‘household finance book’.
The Kakebo was born in 1904 by the hand of Motoko Hani, the founder of the magazine ‘La compañera de la mujer’ and considered the first journalist Japanese female. The aim of this Eastern method was to control household finances and give women of the time more power over the money their husbands earned.
This technique to save is actually a simple account book in which to record monthly income and expenses. Kakebo is divided into quarters, weeks and days in which we will have to write down everything we do with our money.
The Kakebo divide the monthly expenses into four large blocks:
- Survival: food, rent, transportation and other fixed and essential amounts to live.
- Optional: are the expenses related to leisure that we could omit but that we still have every month. Here would enter the night outings, going to eat at restaurants, shopping for clothes, etc.
- Culture: visits to museums, concerts, cinema tickets and the costs of all monthly cultural activities.
- Extras: These are unforeseen expenses that can arise at any time, such as the repair of an appliance, a birthday, a traffic ticket, etc.
This Japanese technique invites us to accurately record any disbursements What do we do in each of these categories? Of course, we must point out even the smallest expense that we make on a daily basis, something that can sometimes be a nuisance. The most comfortable is to start with the fixed costs monthly and save all tickets to write them down at the end of the day.
The Kakebo It also invites us to establish a monthly financial goal, a change of habit with which we will improve on said goal and a prediction of the money we will save.
Thanks to this technique we will clearly see how much money do we spend on each thing, which will allow us to learn to recognize our expenses and reduce them significantly to save at the end of the month.