Stories
Salary Not Lasting? Learn Japan's Kakeibo Method for Big Savings!
N
News18•23-09-2026, 13:21
Salary Not Lasting? Learn Japan's Kakeibo Method for Big Savings!
- •Does your salary disappear on EMIs and expenses? Learn the Japanese Kakeibo Method to save money effectively.
- •Economist Akash Jindal suggests deciding savings first, then budgeting expenses. Save 15,000 from a 50,000 salary, then manage with 35,000.
- •The Kakeibo method involves setting aside your planned savings immediately, then creating your monthly budget with the remaining amount.
- •Small purchases, dining out, and travel often derail budgets. Kakeibo helps you become aware of your spending, not just restrict it.
- •This method fosters financial discipline in families, helping them understand where money is spent and reduce unnecessary expenses.
Key Questions Answered
The core principle of the Kakeibo method is to decide and set aside your savings amount as soon as you earn your salary, rather than waiting to save whatever money is left at the end of the month.
If your monthly income is 50,000 rupees and you target a savings goal of 15,000 rupees, you immediately set that amount aside upon receiving your salary. You must then plan your entire household budget and monthly expenses within the remaining 35,000 rupees.
Yes, many Indian families already practice a similar concept by setting aside a portion of their earnings in advance, even if they do not recognize it by the Japanese name Kakeibo.
