Part - 8 Mastering Finances #shorts #youtubeshorts #motivation #youcandoit #success #quotes #money

Kakeibo is a Japanese budgeting method that promotes mindful spending and financial mindfulness. It involves keeping a detailed record of income, expenses, and savings in a traditional paper ledger. Users categorize expenses, reflect on their financial habits, and set goals to align spending with priorities. Kakeibo emphasizes simplicity, frugality, and conscious decision-making, encouraging individuals to question their purchases and cultivate a healthier relationship with money. By regularly tracking expenses and reflecting on financial behaviour, Kakeibo aims to foster financial discipline, reduce waste, and increase savings, ultimately leading to greater financial stability and peace of mind.