Kakeibo: A new, old-school way of budgeting
Currently “kakeibo” — pronounced kah-keh-boh — has captured America’s attention as a money-saving method.
Customary practices ancient and new in Japan continually influence America’s cultural trends. “Hara hachi bun me” is a Confucian philosophy of eating until 80 percent full. “The Life-Changing Magic of Tidying Up: The Japanese Art of Decluttering and Organizing” by Marie Kondo has motivated many to clean their homes. And, “ikigai” focuses on the reason for being — touted by some as the secret to a happy life.
Currently “kakeibo” — pronounced kah-keh-boh — has captured America’s attention as a money-saving method.
In November, Penguin Publishing Group released “Kakeibo: The Japanese Art of Saving Money” by Fumiko Chiba. The book was published and released a year earlier in Europe and t...