It’s easy to lose track of spending in today’s age of automated payment systems and apps like Venmo. While auto-pay takes the stress out of remembering bills, it can also lead to mindless spending. When we’re not intentional about spending, it’s hard to save money or prioritize funds for what matters most.
The Japanese practice ofhelps many people build more mindful money habits. The word translates literally to “household finance ledger” and helps you track expenses and achieve your financial goals more easily. It works by helping you realize how much money you actually have to spend and then categorizes your expenses into four easy buckets.
The result is a streamlined budget, ensuring you’re more mindful about spending and that you don’t waste money on things that don’t align with your goals and values.