The creation of the kakeibo (pronounced kah-keh-boh), which literally translates as ‘household finance ledger’, is credited to Hani Motoko, Japan’s first female journalist. It was her belief that financial stability is essential to happiness, and in 1904 she published her accounting book designed to help Japanese housewives manage their budgets. In Japanese culture women are usually solely responsible for money management, handling all the families financial affairs. Since it’s publication, the Kakeibo has become an essential part of everyday life in Japan and is fast catching on here in the Western world, here’s why….
It’s the most wonderful time of the year! A time to come together with family and friends, to celebrate and show our love, to share and feast, to dance, sing and be joyful. But it has also become a time of excessive consumption and mass overspending. I LOVE Christmas, truly, I’m still just like a kid, giddy and excitable and hopping up and down in anticipation from now until the day itself, (did I say now? Ok, so, actually I have been hopping up and down for weeks, waiting for it to be “acceptable” to show my colours…)
We had decided to have a pretty scant year this year, trying to save we thought it best to maybe not go abroad at all, but wanderlust got the better of us…”France? Just 2 weeks maybe? We could do it on the cheap…??” So how exactly do you spend a couple of glorious weeks away, particularly with a couple of tweenage consumers in tow, without breaking the bank?
How often do you find yourself reaching payday with nothing left, dipping into your overdraft or putting everyday items onto credit cards? Too often? Then it’s time to take control of your spending!