'Kakeibo': The Japanese art of Saving Money
I tried 'kakeibo': The Japanese art of saving money. By Sarah Harvey 1/10/2020 In 2017, I decided to quit my job working for a London publisher and move to Japan. I enjoyed my work and had a great social life, but was craving something new and different. © Provided by CNBC After living in Tokyo for six months, I became fascinated by how small details, mindfulness, and incremental changes were given more emphasis in Japanese daily life . It was unlike anything I had ever experienced, and it encouraged me to slow down and make some lifestyle improvements — specifically, in my frivolous and impulsive spending habits. 'Kakeibo': The Japanese method of saving money Some people don't struggle with overspending and can live a satisfying life with just essentials. I was not one of those people. Instead, I had a habit of shopping when I felt bored, stressed, or unhappy about something. I also shopped when I was in a good or celebratory mood, with a te