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life hacks

This 100-Year-Old Japanese Trick Will 100% Help You Save Money

Adulting 101
08 Mar 2018, 02:23 PM
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this 100-year-old japanese trick will 100% help you save money

Main image via Daily Express

In this day and age where living costs are on the rise, we’re all looking for ways to cut corners, and budgeting is a great way to map out your finances and identify where you’re spending money that can be saved. 

Kakeibo is a Japanese budgeting method which helps you divide your finances between four ‘pillars’ – survival (necessary costs like rent and groceries), optional (eating out, shopping etc.), cultural (entertainment costs like movie tickets) and extra (unexpected costs). 

this 100-year-old japanese trick will 100% help you save moneyImage via AccessJ

These four pillars help us plan our finances based on how much money we have, how much we’re spending, how we can improve on it, and how much we’d like to save. According to Japanese financial blogs, this technique can help people save as much as 35 per cent of household finances. 

Looks like we know what to do when we get our next allowance! 

via GIPHY

Article via HuffPost

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