Japanese for Money Plan
In the true spirit of a global economy, the Japanese are known for their
diligent accounting practices.
Few cultures can rival their ability to put away money for the future. The Japanese currently save more per household than any other country.
A part of their saving success is a good budget plan or money diary.
Called a Kakeibo, a Japanese family's money diary tracks where their income is being spent. It is a past record of expenses used to determine next year's future budget.
Kakeibo is an important tool used by many Japanese families to manage and increase savings.