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The Japanese way of saving money — and it completely changed how I spend and save my money

Saving money is hard…

Naina Chaturvedi
5 min readOct 5, 2020
Pic by Sharon McCutcheon from Unsplash.com

Have you ever heard about minimalist living?

The Japanese are called “minimalist” because they are masters of minimal living, able to manage with less in all aspects of life, whether it’s de-cluttering personal belongings or professional junk or savvy seasonal cooking. They believe that tidiness in your finances is as important as tidiness in your office and home.

Saving money is an art. No matter how much you feel you’re scrimping, in the end, you’re always left with nothing more than a few dollars in your savings account. In my experience, a huge chunk of monthly income goes on rent, bills, travel costs, and groceries. Sometimes we spend a lot of money on unnecessary entertainment and things we don’t even need.

You are not alone in this chaos.

3 years back I was in the same mess. I wanted to improve my spending and saving abilities. Ever since, to sort out my finances I started using the Japanese way of spending and saving — which is known as kakeibo.

Kakeibo — A Japanese “budgeting journal” helps you to keep an eye on your incomings…

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Naina Chaturvedi
Naina Chaturvedi

Written by Naina Chaturvedi

🇺🇸,World Traveler, Sr. SDE, Researcher Cornell Uni, Women in Tech, Coursera Instructor ML & GCP, Trekker, IITB,Reader,I write for fun@AI & Python publications

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