A Simple Japanese Money Trick to Become 35% Richer

Тәжірибелік нұсқаулар және стиль

We all know how money has a magical ability to disappear overnight, right after payday. But it looks like the Japanese know the secret to make it stay in your wallet longer, and even multiply there. Today, their method of budgeting is growing popular all over the world.
A hundred years ago, Japan was a traditional agricultural country - nothing like how we know it now. How did it manage to become the most technology-savvy country, with a developed economy and one of the highest living standards? One of the reasons is the high financial competence of the Japanese themselves. They’re experts in personal finance. They use Kakeibo. So what is it?
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TIMESTAMPS:
Why listen to the Japanese? 0:29
What is Kakeibo? 1:05
Questions Kakeibo is based on 2:28
How to draw up a Kakeibo style budget 2:42
How can you spend less? 5:05
How to save even more 5:49
❗️ Why it's important to write by hand 7:44 ❗️
#savingmoney #Japan #brightside
Music by Epidemic Sound www.epidemicsound.com/
SUMMARY:
- Japanese are experts in personal finance. They use Kakeibo. Which means they don’t buy that third handbag in 2 months and manage to save up to 35% of their income.
- “Kakeibo” translates to “household account book.” It’s a notebook where you write down your income and expenses. Long before any financial apps or digital tables appeared, the Japanese had this system of writing up a budget.
- No apps, no technology, no tricky calculations. That’s the point: you rule out everything that’s not necessary and focus on your habits and decisions.
- Kakeibo appeared in 1904 and grew popular thanks to the first woman journalist in Japan - Hani Motoko, who sold it to a wide audience.
- To draw up a Kakeibo style budget, you’ll need 2 notebooks - a big and a small one. You’ll use the big one to write down your income, and plan expenses and savings.
- You’ll need to record all the money you get as income: advance payment, salary, debt return, money you get from selling a secondhand laptop, etc.
- You write down how much money you’d like to put in a money-box or a savings account. It’s important to decide this amount before you start planning your expenses.
- A monthly expenses plan. Here, you write down your common expenses: utility bills, apartment rent, mobile and internet bills.
- At the end of each month you’ll analyze if you’ve managed to follow the plan and save or spend extra money.
- Put all the returned debts to the money-box. In fact, it’s not an income. You just get back money that was taken away from you before. After all, you’ve managed to live without it all this time.
- Every time you buy something, round the sum up. Say, if you have a $74 bill, round it to a $100 and put the other $26 into the money-box. It's a great tool that'll allow you to save daily.
- Work out a system of penalties for yourself. You can “punish” yourself financially for bad habits like skipping the gym or having an argument with a partner or friend.
- Always make a shopping list before you go to the supermarket. This piece of advice is as old as the hills, but who actually follows it? Kakeibo fans do, and it works for them.
- The writing process activates the part of the brain that lets the information pass directly into memory.
- Writing makes the process personal. We internalize everything we write by hand; it becomes more important to us.
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Пікірлер: 1 400

  • @BRIGHTSIDEOFFICIAL
    @BRIGHTSIDEOFFICIAL5 жыл бұрын

    Hey there, BrightSiders! How much money did you manage to save last week?

  • @BRIGHTSIDEOFFICIAL

    @BRIGHTSIDEOFFICIAL

    5 жыл бұрын

    RedGaming Studio oh no! Why?

  • @petyahristova1872

    @petyahristova1872

    5 жыл бұрын

    The question should be "how much money did I spent?".😂😂😂

  • @criszavoianu8141

    @criszavoianu8141

    5 жыл бұрын

    Oh well like 15$

  • @tamle5493

    @tamle5493

    5 жыл бұрын

    All my money

  • @asa0046

    @asa0046

    5 жыл бұрын

    I saved 36k rupiahs then I found an additional 10k,so it's 46k

  • @zickarjay
    @zickarjay5 жыл бұрын

    Discipline is the key of saving.

  • @BRIGHTSIDEOFFICIAL

    @BRIGHTSIDEOFFICIAL

    5 жыл бұрын

    zickarjay Are you disciplined?

  • @jakobsebastianmaninang3228

    @jakobsebastianmaninang3228

    5 жыл бұрын

    Lol

  • @ivan4122

    @ivan4122

    5 жыл бұрын

    That's it, discipline.

  • @wasimjaffer6994

    @wasimjaffer6994

    4 жыл бұрын

    😂 😂

  • @dudirithwikreddy6563

    @dudirithwikreddy6563

    3 жыл бұрын

    @@BRIGHTSIDEOFFICIAL 🤣🤣🤣

  • @bmorezoo
    @bmorezoo5 жыл бұрын

    My wife is Japanese. Maybe she's practicing reverse kakeibo on my bank account. 🤔

  • @TimRoseOfficial

    @TimRoseOfficial

    5 жыл бұрын

    lol!

  • @9TailYugen

    @9TailYugen

    5 жыл бұрын

    Dam 😂

  • @lolaangel7242

    @lolaangel7242

    5 жыл бұрын

    lol

  • @jonplaud

    @jonplaud

    5 жыл бұрын

    Maybe she is Americanized. Gomen nasai.

  • @OurEarthIsFlat

    @OurEarthIsFlat

    5 жыл бұрын

    You have a Japanese wife ! I envy you .

  • @otakuuu1710
    @otakuuu17105 жыл бұрын

    i believe spending to much money is based on your daily emotional and social influences. instead of thinking how to spend, think about how you feel and why you feel the need to spend. it helped me a lot.

  • @harshithaprao9545

    @harshithaprao9545

    5 жыл бұрын

    .

  • @adedotunkrypton1858

    @adedotunkrypton1858

    5 жыл бұрын

    Harshitha P Rao .

  • @OhAzanChannel

    @OhAzanChannel

    5 жыл бұрын

    Don't let emotion interfere. Last time when i let my emotion interfere, i spend all the money without my consciousness. Haha. Don't trust your emotions in this matter.

  • @kayceecali2679

    @kayceecali2679

    5 жыл бұрын

    Thanks for asking us this. I usually spend when I am disappointed 😞

  • @trinity6880

    @trinity6880

    3 жыл бұрын

    Ye

  • @BRIGHTSIDEOFFICIAL
    @BRIGHTSIDEOFFICIAL5 жыл бұрын

    TIMESTAMPS: Why listen to the Japanese? 0:29 What is Kakeibo? 1:05 Questions Kakeibo is based on 2:28 How to draw up a Kakeibo style budget 2:42 How can you spend less? 5:05 How to save even more 5:49 ❗️ Why it's important to write by hand 7:44 ❗️

  • @Melbournee

    @Melbournee

    5 жыл бұрын

    Thank you

  • @shalinisaraswat7487

    @shalinisaraswat7487

    5 жыл бұрын

    I was at exactly 0:29 when I was reading that 2nd line 😂🤭😯😵😮😧

  • @trinity6880

    @trinity6880

    3 жыл бұрын

    pin this please

  • @Techwem

    @Techwem

    3 жыл бұрын

    @@laalini1375 Get the Money manger App on your mobile. It will work

  • @yaelsteinberger2912
    @yaelsteinberger29125 жыл бұрын

    Lol. I use that method even without knowing it has a name. You know why? because it's LOGICAL!!!!!

  • @dgarcia3703

    @dgarcia3703

    4 жыл бұрын

    I couldn't agree more :)

  • @suriyaprakash8663

    @suriyaprakash8663

    4 жыл бұрын

    Its funny how japan label a normal practice and make it phenomenal kaizen and 5s also adds to the list

  • @DANICAOHSOREAL

    @DANICAOHSOREAL

    3 жыл бұрын

    Sadly not for everyone!! People knows of this and yet continues to spend helluva lot over their income AND continues to commmplaaaaain smh

  • @koshiwaza

    @koshiwaza

    3 жыл бұрын

    @@suriyaprakash8663 sure everyone knows it's logical but not everyone applies the logic into practice. that is why Japanese are famous on making names on every method which obviously has checklists. It is to easily understand what is needed without elaborating one by one. For sure macine shop in India knows 5S but you can't compare Indian machines shop to the cleanliness and orderliness of a Japanese machine shop. You know why? start making a checklist so you can see what's lacking, by then it'll become your habit

  • @trinity6880

    @trinity6880

    3 жыл бұрын

    fax

  • @starhairthetutor3765
    @starhairthetutor37654 жыл бұрын

    I saved quite a bit of money from stop wearing makeup. I hope this helps even one person! I have learned to accept myself as I am and not worry about what others think. Thanks for the video, as always, Brighside!

  • @J_young_824

    @J_young_824

    3 жыл бұрын

    Makeup can harm our skin. Iam guilty from spending too much money on cosmetics those amount of money i spent can buy skin care or maybe i can save 20% of that.

  • @lalahana111

    @lalahana111

    2 жыл бұрын

    Well i use more skin care products so I don’t need too much makeup HOWEVER i love makeup and love wearing it, unfortunately it’s expensive so makeup now its a like a hobby for “privileged” people Lol

  • @Rania-vh7wg

    @Rania-vh7wg

    2 жыл бұрын

    @@lalahana111 Honey if u stop refined sugar you’ll save money on both skincare and makeup. Your skin is the outside reflection health of your body from the inside❤️

  • @Yin641
    @Yin6414 жыл бұрын

    I practice this technique for little bit over a year. My debt is gone , saving account grow so much I need to transfer to a money market account to get more interests. I add 12% to my retirement fund. I manage not to spend very little amount of money at the mall and save it toward a trip to Japan. Beside , oversea shopping is much fun. You get to buy unique pieces of clothing that no one has. I am so adopted to this system now. Writing your budget is not a burden thing at all. It is a burden thing only when you spend like no tomorrow and you don't want to face the reality of overspend.

  • @ansignia
    @ansignia4 жыл бұрын

    6:54 - Bright Side: "Penalize self for arguing with partner." ... I hear: "Save more money by being single."

  • @user-sd9sn7wf3o

    @user-sd9sn7wf3o

    28 күн бұрын

    In theory : "Save more money by being single." In reality : You are lonely and spending money freely with no wife to manage your spending, and end up less saving

  • @swat19
    @swat195 жыл бұрын

    More important topic is what to do with the money that you save. thats what separates rich from poor

  • @kimwucheng6587
    @kimwucheng65873 жыл бұрын

    Financial planning and budgeting is 80% behaviour and 20% knowledge, it all depends on our attitude toward money. Like the video say it's important we have a budgeting plan or pattern, I have been using 50/30/20 for a few years now and it's helped me save a lot.

  • @jamespham1668

    @jamespham1668

    3 жыл бұрын

    Funny thing about money it doesn't stay.

  • @jacobaltman9923

    @jacobaltman9923

    3 жыл бұрын

    How do you budget using these pattern you mentioned?

  • @kimwucheng6587

    @kimwucheng6587

    3 жыл бұрын

    @@jacobaltman9923 its a 50% expenses, 30% investing and 20% savings. I try to spend less which has created more room for investing.

  • @hakimiachraf2233

    @hakimiachraf2233

    3 жыл бұрын

    My budgeting is bad, as I manage to save only 5% and no Investing because I earn less.

  • @liviohuber4326

    @liviohuber4326

    3 жыл бұрын

    @@kimwucheng6587 you have certainly done well for yourself, if I may ask what are you invested in. I manage to save just 10% monthly due to my families expenses.

  • @chandrasekhar-tb8ow
    @chandrasekhar-tb8ow3 жыл бұрын

    In India, You can easily find masters in saving money..Almost every house hold are expert at this art.🇮🇳🙏

  • @hotheadsniper

    @hotheadsniper

    3 жыл бұрын

    You are so right.I am from Nepal and have learned finacial budgeting from an indian housewife youtuber which is the most important life lesson that I have learned and now I know that it also has a name.

  • @KashmirSingh-fg1ie

    @KashmirSingh-fg1ie

    3 жыл бұрын

    Give credit where it is due , do not be rude .

  • @mdzaid5925

    @mdzaid5925

    2 жыл бұрын

    And then get bankrupt in our children's marriage.

  • @portmafiaexecutive4099

    @portmafiaexecutive4099

    2 жыл бұрын

    As a Myanmar i think it a scam i recommend not believing your own people because in Myanmar people scam too I am not rude but you can't turst anyone even your own people

  • @WealthpoolFinancialServices

    @WealthpoolFinancialServices

    2 жыл бұрын

    Indian housewives are best at the art of saving.. Need is to make them invest now

  • @Damremont18
    @Damremont185 жыл бұрын

    From Canada. Our household does something similar and has done so for years. I've never had a high paying job, and we have always lived within our means. Our home is fully paid for and we currently have a $500 surplus in our clothing budget, a growing savings and a largish travel account. You have to be disciplined. We are recently retired and live well, eat well, and are debt free.I personally don't understand financial incontinence.

  • @lrebsten7155

    @lrebsten7155

    4 жыл бұрын

    Damremont18 Did you do this before you married your spouse? Did your spouse do this before they married you? (Being financially responsible). Did you talk finances or know each other’s, “true spending habits and philosophies”? If you met eye to eye on finances BEFORE you were married, you two are great. MANY people find out AFTER they are married what a spendthrift their partner actually is. MANY marriages break up over finances - maybe even more than infidelity. And divorces kills people financially. Kudos to you both for having the same financial philosophies.

  • @aleenaprasannan2146

    @aleenaprasannan2146

    4 жыл бұрын

    @@lrebsten7155 I'm going to keep that point in mind. This sounds very significant

  • @georgevavoulis4758

    @georgevavoulis4758

    2 жыл бұрын

    Discipline is the key to everything . I do the money jar . Everytime I pay for groceries I place all the coins in their jars and buy only what I really need and on sale . I see so many people drive the latest cars wearing high fashion yet they NEVER invite me out for even a Timbits at Tim Hortons .because they're a paycheck from being BROKE .

  • @farrukh026

    @farrukh026

    Жыл бұрын

    Do you live in a small town?

  • @roselaro5982
    @roselaro59825 жыл бұрын

    Good heavens! I've seen Nobita's mom practising' kaikebo '....

  • @sthuthishetty1446

    @sthuthishetty1446

    5 жыл бұрын

    Even shinchan s

  • @ainajihanmuhammadnurulazmi1915

    @ainajihanmuhammadnurulazmi1915

    5 жыл бұрын

    Meee too! 😂

  • @kindnesshappiness9715

    @kindnesshappiness9715

    4 жыл бұрын

    😂😂😂😂

  • @dawnsison1066

    @dawnsison1066

    4 жыл бұрын

    Doraemon fan!. 🙋🇵🇭

  • @dhanyarajan5496

    @dhanyarajan5496

    4 жыл бұрын

    Yeah ..True ...

  • @InsuranceExplained
    @InsuranceExplained2 жыл бұрын

    2 key takeaways: 1) develop a high-income skill and keep providing service or create products 2) live below your means so you have savings to invest. Hope anyone reading this achieves financial freedom! 🎉

  • @manofculture-69

    @manofculture-69

    Жыл бұрын

    Hellos sir, Can you please elaborate more or give me some tips on how to develop a high income skills or how to create products?

  • @jya5467
    @jya54675 жыл бұрын

    I used to save money almost exactly like that. But then as I grew up I stopped the writing down part and after watching this I might start writing it down again. 👍👏🙂

  • @iloveyellow7214

    @iloveyellow7214

    5 жыл бұрын

    Theres apps tho from financial apps to journal apps its much more efficient cause i have my phone with me most ogmf the time. If you wanna list it down journal style thetes tons of apps for that

  • @BlueSpy14
    @BlueSpy144 жыл бұрын

    Put $1 in every time you complain about someone or something. I will try this

  • @CEETIZEN
    @CEETIZEN5 жыл бұрын

    Well I use few quotes by warren buffet and set it as my wallpaper On spending “if you buy things you don’t need . Soon you will have to sell thing you need” On saving “ do not save what is left after spending , but spend what is left after saving “

  • @CEETIZEN

    @CEETIZEN

    5 жыл бұрын

    So every time I check the time or just look at my phone I see the wallpaper

  • @pactumexcello9308

    @pactumexcello9308

    5 жыл бұрын

    even better; make money like Warren Buffet!

  • @J077535

    @J077535

    5 жыл бұрын

    This made my day. Thanks.

  • @sal_strazzullo

    @sal_strazzullo

    4 жыл бұрын

    Yesss I love these two amazing quotes too

  • @amandadobbs8609

    @amandadobbs8609

    4 жыл бұрын

    @Pactum Excello : How do you think Warren Buffet made all that money? He started with those principles, then kept leveling up from there.

  • @azrina1230
    @azrina12305 жыл бұрын

    My only problem now is, I have no income. Sad truth😞

  • @crisann2881

    @crisann2881

    5 жыл бұрын

    :) me to need to have income

  • @christopherd.j8385

    @christopherd.j8385

    5 жыл бұрын

    No problem this is Right time for you to make good money in future, think and learn to make money spent you time on researching on this, idea is money not the hard work are Passion

  • @Moss_piglets

    @Moss_piglets

    5 жыл бұрын

    You can sell on eBay or offer your skills to people

  • @josephmilanes

    @josephmilanes

    5 жыл бұрын

    Change your mindset first. Be grateful for everything you've got, that's the first thing. Then visualize abundance in your life now. Difficult but it's all in the mind.

  • @alexmollov6252

    @alexmollov6252

    4 жыл бұрын

    sell all the stuff you don`t need.

  • @IrajMatthee
    @IrajMatthee4 жыл бұрын

    Pen to paper has another advantage, computer hackers won't known your budgeting business 😉

  • @Gravyballs2011
    @Gravyballs20115 жыл бұрын

    Pay yourself first. Needs vs. wants What does it do, and why do I need it?

  • @obliquetortoise6980
    @obliquetortoise69804 жыл бұрын

    narrator: "no apps, no technology, no tricky calculations!" appstore: dare you oppose me mortal?!?

  • @JTStonne
    @JTStonne5 жыл бұрын

    Funny. I've been doing 90% of this for years not knowing it's a thing.

  • @abemartinez9623

    @abemartinez9623

    5 жыл бұрын

    Same lolol

  • @moneymotivationmadness3275

    @moneymotivationmadness3275

    5 жыл бұрын

    It's called a financial statement

  • @sayantanibhattacharjee.772

    @sayantanibhattacharjee.772

    5 жыл бұрын

    Areyou rich ?

  • @vannghog7087

    @vannghog7087

    5 жыл бұрын

    same too 😂

  • @vannghog7087

    @vannghog7087

    5 жыл бұрын

    Sayantani Bhattacharjee. haha good question.. for myself im not rich yet 😂 but i have to eat well and a bit of fun passions stuff to buy or to do

  • @Uneek1980
    @Uneek19805 жыл бұрын

    This was very helpful. Thank you!

  • @SRWill64
    @SRWill645 жыл бұрын

    They forget the fact that if you write it on a paper and do the 'old-school' way of recording, when the internet is down or you have a power outage or any other thing happens that keeps your technology from working, you have a hard copy in writing so you don't lose it and can access it any time. That's why I still keep a lot of things written down and keep a notebook at my computer.

  • @jasminemarseilles5070

    @jasminemarseilles5070

    5 жыл бұрын

    Every bit of this "Japanese" stuff are things my Grandma taught me. We're from Alabama. The old timers took all this for granted. I nearly face-palm hearing this "exotic" info.

  • @beccamecca7720

    @beccamecca7720

    4 жыл бұрын

    You can install financial app that can works offline

  • @Shrestha_Deepika
    @Shrestha_Deepika4 жыл бұрын

    Am I the only jobless who's watching this 😂

  • @MiamiHeat305

    @MiamiHeat305

    4 жыл бұрын

    Me lol

  • @nan123jishnu

    @nan123jishnu

    3 жыл бұрын

    Me too..

  • @creativecorner4715

    @creativecorner4715

    3 жыл бұрын

    College student doing this

  • @Medha_03

    @Medha_03

    3 жыл бұрын

    Me too

  • @Psimansingh

    @Psimansingh

    3 жыл бұрын

    Me too 😂

  • @Discoveringbandsbymichaelnagy
    @Discoveringbandsbymichaelnagy5 жыл бұрын

    The Japanese are very intelligent in the way the do things

  • @BRIGHTSIDEOFFICIAL

    @BRIGHTSIDEOFFICIAL

    5 жыл бұрын

    Artist & Band News by Michael Nagy how do you know?

  • @Varionixdafloof2345

    @Varionixdafloof2345

    5 жыл бұрын

    Not always. Especially in teenage years

  • @mamathagopinath710

    @mamathagopinath710

    5 жыл бұрын

    @@Varionixdafloof2345 zdg

  • @easylivingsherpa

    @easylivingsherpa

    5 жыл бұрын

    Wheres your proof

  • @yukitanuna6815

    @yukitanuna6815

    5 жыл бұрын

    so does other races aswell

  • @danjelhysenaj7795
    @danjelhysenaj77954 жыл бұрын

    I have practised this before showing this video and I didn't know that the name was kaikaibo :) Thank you as always you guys do a great content and enjoying your information and knowledge sharing!

  • @magneticbella
    @magneticbella3 жыл бұрын

    Thanks for video!!!😊😊

  • @duchi882
    @duchi8825 жыл бұрын

    *Money is like magic* They just disappear

  • @TimRoseOfficial

    @TimRoseOfficial

    5 жыл бұрын

    True story!

  • @BRIGHTSIDEOFFICIAL

    @BRIGHTSIDEOFFICIAL

    5 жыл бұрын

    Duchi what’s your biggest purchase this month?

  • @LeighLeeChannel

    @LeighLeeChannel

    5 жыл бұрын

    Duchi this i agree. Why it’s so easy to spend even we know that’s so hard to earn...😭😭

  • @breezybreeze730

    @breezybreeze730

    5 жыл бұрын

    Duchi Lol! Cute

  • @meii-pn3qr

    @meii-pn3qr

    5 жыл бұрын

    robux

  • @rhaacke
    @rhaacke5 жыл бұрын

    The key to success is actually focusing on what you are doing instead of just drifting through life. Everything you do leaves your memory pretty quickly if you don't focus on it. Facing towards your goals and taking steps will almost always get you what you want.

  • @alexmollov6252

    @alexmollov6252

    4 жыл бұрын

    Amen to that!

  • @godmark9326
    @godmark93262 жыл бұрын

    Japanese way to save money 1.Write down all your income and expense in a book 2.Make a Income chart in which your write down all your incomes that day itself 3.Make a expense chart in which you write down all your expenses based on your preference so you don't need buy least preferred item 4.when someone returns your debt you must not spend that instead put that into piggy 5.Leftover money in pockets will be put into piggy 6.Penalties for your indiscipline eg: missing gym 7.Making a product list before you enter mall 8.If you wanna buy expensive items delay the purchase for 1month if you are still interested in buying that then purchase otherwise save that. 9.While buying expensive products add some extra amount as expense and put that extra money in piggy. 10.All coins into piggy 11.Divide your income to 4 parts leftover money in each part will be added to your piggy

  • @slowanddeliberate6893
    @slowanddeliberate68935 жыл бұрын

    I've already been using a similar method to budget my money. All you have to do find ways to spend as little money as possible, yet still live comfortably. Then, you leave the rest of your money in your bank account.

  • @arunimalamba8103
    @arunimalamba81033 жыл бұрын

    Just wanted to share, I use to write down all my notes again in college, this made me a topper and I still remember facts even after 25 years

  • @hyneephali131
    @hyneephali1315 жыл бұрын

    One of the Brightest videos this channel has ever posted.😎

  • @raghuramg8786
    @raghuramg87865 жыл бұрын

    Very thoughtful message.. thanks for sharing

  • @jamesstencil1916
    @jamesstencil19164 жыл бұрын

    Finally!! A super great video from this channel again. I have been watching for ever.. now it is here.. good work thank you😊

  • @mel816
    @mel8163 жыл бұрын

    It also helps that salaries in Japan are paid monthly (instead of weekly or twice monthly like in most other countries): you're really forced to plan and spend carefully to make your salary last till the following month😝

  • @purpneptune3298
    @purpneptune32985 жыл бұрын

    Thanks BRIGHT SIDE, this was a good one 👍👍👍

  • @jatindhingra3704
    @jatindhingra37043 жыл бұрын

    Thanks for making this video.

  • @ibrahimasow2848
    @ibrahimasow28485 жыл бұрын

    Thank you. Very helpful l. 👍🏾

  • @sanakiyamam1987
    @sanakiyamam19875 жыл бұрын

    instead of saving the money reinvest the money

  • @CheapSushi

    @CheapSushi

    4 жыл бұрын

    compounding interest

  • @thefun.tainment

    @thefun.tainment

    3 жыл бұрын

    To do that u need to have saved money

  • @exaucemayunga22

    @exaucemayunga22

    3 жыл бұрын

    @@thefun.tainment no you don't. You can immediately invest your money, even automatically

  • @thefun.tainment

    @thefun.tainment

    3 жыл бұрын

    @@exaucemayunga22 yup bro but u atleast gotta have some money beforehand that you will be investing

  • @olgasenamalyamungu1931
    @olgasenamalyamungu19314 жыл бұрын

    Thank you for the tips. Remember this: money seating in your account is for the bank to use! Do not live to save rather save with the intention to invest. Make money work for you not the other way around. No one has ever become wealthy by saving their entire life. Be an elite and build for generations.

  • @Shadday_Xo

    @Shadday_Xo

    4 жыл бұрын

    olga sena Malyamungu in japan, it’s very important to have a “bank statement”

  • @ginnyazcona8529

    @ginnyazcona8529

    2 жыл бұрын

    Fantastic. I agree!!!

  • @JR-_-2010
    @JR-_-20105 жыл бұрын

    This is great. Thanks for sharing.

  • @neiltigas9633
    @neiltigas96335 жыл бұрын

    Thanks I really need it since August 5 is coming up start of school

  • @marleneperry6972
    @marleneperry69723 жыл бұрын

    I used to rewrite my notes down AFTER class, in my own way. It also helped me remember what was taught in class, what I need to go over again and I rewrote them in pen with additional notes on the side for reference...

  • @waynejohnson2894
    @waynejohnson28945 жыл бұрын

    Awesome video!!! I will use this.

  • @dilanikalansuriya3412
    @dilanikalansuriya34122 жыл бұрын

    Excellent..👌thanks

  • @littleladybirds
    @littleladybirds5 жыл бұрын

    I do it since jhs, i separated my monthly budget into weekly budget. Which make it easier to track how much i speed in a week. I also have 'NO SPEND DAY' one in a week, it effectively save mu daily budget, put it directly to the saving box 🤗😀. Very useful video tho 👍👍⭐

  • @user-hn9fv8jp9c

    @user-hn9fv8jp9c

    2 жыл бұрын

    Thanx👍🏻

  • @wickedcuriosity5921
    @wickedcuriosity59215 жыл бұрын

    I created an excel format more similar to kakeibo. As I'm pretty much comfortable using Excel, I prefer digital data record than conventional one. But the saving tips like penalising seems reasonable for me.

  • @riccarlflores6029
    @riccarlflores60294 жыл бұрын

    I like the information and look forward of applying it from now onwards!! It's not too late to start. Thanks for this!!

  • @harshalwankhade2833
    @harshalwankhade28335 жыл бұрын

    Thanks . Great video

  • @edge36811
    @edge368115 жыл бұрын

    Me: penalize myself for senseless spending Also Me: no money left to pay penalty🤦🏽‍♂️

  • @joniajohn4716

    @joniajohn4716

    4 жыл бұрын

    🤣🤣🤣🤣

  • @sharspearman3390
    @sharspearman33905 жыл бұрын

    I needed this video. Now I gotta commit to following the advice.

  • @zimbozinkorea
    @zimbozinkorea3 жыл бұрын

    very informative.

  • @AlexSuperTramp-
    @AlexSuperTramp-4 жыл бұрын

    In English we call this a "Budget"

  • @mionegranger9708
    @mionegranger97085 жыл бұрын

    Just like Mitsi does in Shinchan 🤔🤔🤔🤔 Shinchan is pretty informative

  • @gopikrishnanjayaraman1550

    @gopikrishnanjayaraman1550

    4 жыл бұрын

    Sankari Bardhan ஆனா, அவ சேல் னு பாத்துட்டா செலவு பண்ணிடுவா.. 😂😂😂

  • @bharnabhazarika7538

    @bharnabhazarika7538

    4 жыл бұрын

    And nobita's mom😀

  • @manhdoan2293
    @manhdoan22935 жыл бұрын

    It sounds amazing!

  • @nitishniju
    @nitishniju5 жыл бұрын

    This is really great and helpful

  • @DiamondNet2009
    @DiamondNet20095 жыл бұрын

    Thank you Bright Side for this useful information. I now have a kakeibo journal!

  • @shadzscape
    @shadzscape5 жыл бұрын

    All I learnt from this video was a new Japanese word! - *Kakeibo* 😎 . . . . Anyone else? 😋

  • @auni_cool

    @auni_cool

    3 жыл бұрын

    Only konichiwa and Ohayou

  • @anuragchandnani8037
    @anuragchandnani80374 жыл бұрын

    Awesome video

  • @studynami997
    @studynami9975 жыл бұрын

    Very helpful, thanks

  • @Emilio-wb7lu
    @Emilio-wb7lu5 жыл бұрын

    I save around 70% of salary, living in Norway :))

  • @devanshkhatavkar4591

    @devanshkhatavkar4591

    5 жыл бұрын

    Using kakeibo ?

  • @Emilio-wb7lu

    @Emilio-wb7lu

    5 жыл бұрын

    @@devanshkhatavkar4591 Chosing less, but quality products. Overall living minimalistic.

  • @Emilio-wb7lu

    @Emilio-wb7lu

    5 жыл бұрын

    @blue copper Fishing boat :)

  • @Lifewithoutborders24

    @Lifewithoutborders24

    4 жыл бұрын

    I normally save 67 per cent of my salary. I have now increased it to 83 per cent since I don't need to buy fuel in my car during this lockdown

  • @tomasgemes4349

    @tomasgemes4349

    3 жыл бұрын

    Have any investments yet? If you are not needing money try having one that will teach you or get you closer to something youd like to know, do, have, etc.

  • @namisayshi212
    @namisayshi2124 жыл бұрын

    The real trick to saving money is... *not wasting it on stuff you don't need*

  • @quents

    @quents

    4 жыл бұрын

    but i need an ipad pro! lolxxx

  • @KnowledgebringsWisdom
    @KnowledgebringsWisdom2 жыл бұрын

    Great Ideas 💡💡💡

  • @MsAndaction
    @MsAndaction4 жыл бұрын

    One of the reasons is they have a higher IQ and isn't fooled and tricked into being over consumers...making their own iPhone for 5 bucks while you bought yours for 900.00 🤷🏽‍♀️

  • @Ndasuunye

    @Ndasuunye

    4 жыл бұрын

    More like most of them play video games all day

  • @lizzyn.5286
    @lizzyn.52865 жыл бұрын

    I'm only 13 but...this'll work

  • @alexanderpatrick4866

    @alexanderpatrick4866

    5 жыл бұрын

    Good for you and good luck! Stick with it!

  • @idontevenknowli

    @idontevenknowli

    3 жыл бұрын

    14

  • @carloruzedymlair2955
    @carloruzedymlair29554 жыл бұрын

    Informative

  • @marjanuraove2918
    @marjanuraove29183 жыл бұрын

    I’ve just watched the video! I want to adapt this idea 💡 for sure!!! Thank you 😊

  • @franciscaguevara1611
    @franciscaguevara16115 жыл бұрын

    I've been doing several things similar, I didn't know being organized was a thing...

  • @pratik.wankhede
    @pratik.wankhede5 жыл бұрын

    I was thinking that this is something new but dear I'm already have maintained an account book at home & I note down everything. Even when my bank charge me something, when I buy food, traveling exp, pharmacy, doctor, etc. My name is Pratik wankhede & I'm from India my age is 19. I've so big goals in my life.

  • @alexmollov6252

    @alexmollov6252

    4 жыл бұрын

    Bravo!

  • @drjyotimhatre-bhoir1447
    @drjyotimhatre-bhoir14473 жыл бұрын

    thnks for sharing information....

  • @madhussneha9155
    @madhussneha91553 жыл бұрын

    Thank you 🙏🏼❤️

  • @Jeepjones85
    @Jeepjones855 жыл бұрын

    So where can I BUY these Kakeibo money saving journals lol

  • @rubyredinfinite9949

    @rubyredinfinite9949

    5 жыл бұрын

    online, i have one. just google kakebo or kakeibo.

  • @Mia-gp6hz
    @Mia-gp6hz4 жыл бұрын

    I start doing this without knowing it was a concept half year before and managed to get rid of my debt. Now I want to have savings :)

  • @i.flextv1672
    @i.flextv16725 жыл бұрын

    Amazing 👍🏼

  • @kocengineering769
    @kocengineering7693 жыл бұрын

    Superb Kudos to u all

  • @najeebammarharb853
    @najeebammarharb8534 жыл бұрын

    Your video is very inspiring.... Let me add by saying that the best you can do to avoid squandering your salary is to invest 50% immediately you receive it but in order for you to achieve a %50% investment off your monthly income you need to cut down your monthly expenses to 30% allowing you to save the remain 20% in a savings account in case of any emergency....

  • @MBest-ty3zs

    @MBest-ty3zs

    4 жыл бұрын

    Building a portfolio of quality investments is one way to help you get ahead financially and achieve your long term goals.

  • @alicecarslaw564

    @alicecarslaw564

    4 жыл бұрын

    what can you consider as a good investment?

  • @najeebammarharb853

    @najeebammarharb853

    4 жыл бұрын

    *Alice* a good investment is one that gives you the highest possible return. Whether it's real estate, stocks, bonds or mutual funds, with some research and due diligence, you'll be able to find good investments in any asset class .

  • @Josep61

    @Josep61

    4 жыл бұрын

    Defining your risk tolerance and investment objective are two good ways to help decide what’s a good investment. For example, if you’re a high-risk investor you might be able to tolerate a variety of good investments, which might earn higher yields

  • @alicecarslaw564

    @alicecarslaw564

    4 жыл бұрын

    do you stock trade simon

  • @slentv3650
    @slentv36505 жыл бұрын

    I think I can be a millionaire by making and selling kakeibo journals in my country.... 🙈 Thanks for the business idea... I promise to save up

  • @tamasha4

    @tamasha4

    5 жыл бұрын

    Lol..

  • @alexmollov6252

    @alexmollov6252

    4 жыл бұрын

    Any update?

  • @sudheshsankarkk
    @sudheshsankarkk4 жыл бұрын

    Thank you thank you thank you for sharing 🙏🙏🙏

  • @MAVlogs505
    @MAVlogs5054 жыл бұрын

    Such a great information. I will try it

  • @kayali2646
    @kayali26465 жыл бұрын

    I just keep it simple and have 2 bank accounts. Account 1 with my minimum amount where all the money goes in and out daily and account 2 is where I put in money that goes above my minimum amount thats on my 1st account. Simples.......by the way I kind of just started that simple system of mine and it seems to be going well..... Just hoping it stays like that.

  • @georgesavage5752

    @georgesavage5752

    5 жыл бұрын

    Kay Ali think you mean maximum

  • @dinushanw77
    @dinushanw774 жыл бұрын

    Japan a country like no other 🇯🇵🙌🏻

  • @treasureislandofworld
    @treasureislandofworld4 жыл бұрын

    You have worked so hard to earn this videos ! Love the creativity and message !

  • @keepsmiling7642
    @keepsmiling76422 жыл бұрын

    Thank you so much bro for amazing idea. This helps a lot. I am starting this Kakeibo Journal right from today.

  • @stablestoic1491
    @stablestoic14915 жыл бұрын

    A great video. I currently save approximately 45% of my monthly income, maybe less in the winter with heating my place. I live alone currently. Its easier to save when you have more assets than liabilities. Assets are things passively putting money in your pocket. Liabilities are things passively taking money from your pocket. Live close enough to your source of income and groceries etc so that you don't need a vehicle. Maybe public transportation is ok. Owning a vehicle takes money from your pocket. Once your able to save 10-20Gs, put it down on a house. A very small house. Your mortgage likely will be the same or less than renting. When its paid off, take another 10 Gs and buy another tiny cottage/house. Rent out the first one. The first one becomes an asset. Money in your pocket. Keep doing this. In a decade or 2 you won't necessarily need to work a 9-5 anymore. (Though I would). There are multi unit houses. Live in one while you rent out the others. Now, what I say next may offend some. That's not my intention. But it needs to be said. Its directed mostly at men, though it can apply to some women also. Stay single. As long as possible. In the current social climate, having a G/F or being in a marriage contract can potentially be a financially hazardous liability. The statistics speak for themselves. The laws are balanced heavily in a womans favor these days in divorse court. Even in common law cohabitation. Talk about liability. I'm not saying don't get married. I'm saying for the love of God think twice. Use the correct head guys. Things get even more expensive with the potential of children, also a liability. I know I was one to my parents. Even your dear old parents will be a liability one day most likely for most of us. Just plan ahead. Many do not. Consider MGTOW. I hope this helps somebody out there.

  • @wendykwok

    @wendykwok

    5 жыл бұрын

    Stable Stoic thats wt asian have been doin, keep buying house but now house or flat is getting so expensive its so hard to save up for the initial downpayment like 40% of the house price...

  • @NicoLopezExaltado
    @NicoLopezExaltado5 жыл бұрын

    Been in Japan for 2 years but I never would have known this without this vid. Thanks Bright Side!

  • @ishanvipurwar1171
    @ishanvipurwar11712 жыл бұрын

    This is the best video I have come across. It's better to focus on our needs instead of focusing on wants as wants are endless and thinking about the planet we should stop wasting our resources.

  • @OnochieAfigbo
    @OnochieAfigbo5 жыл бұрын

    I'll try it. Thanks!

  • @akhibrandrb8893
    @akhibrandrb88935 жыл бұрын

    I’ve been doing this myself long time ago loool 😂😂😂

  • @RaviNagendraT
    @RaviNagendraT5 жыл бұрын

    Mine is simple 1. Expenses 2. Financial protection- insurance 3. Investments- mutual funds 4. Savings 5. Entertainment Peace ✌️

  • @angelicaxavier5053

    @angelicaxavier5053

    5 жыл бұрын

    That's awesome! How much is your budget for entertainment, if I may ask? Cause I always feel some sort of guilt if I spend in entertainment.

  • @wendykwok

    @wendykwok

    5 жыл бұрын

    Angelica Xavier then don’t entertain lol, if u do that u will realise how much u can save?

  • @RaviNagendraT

    @RaviNagendraT

    5 жыл бұрын

    @@angelicaxavier5053 I can tell the percentages 1. Expenses - 50% (Loans + monthly & annual bills) 2. Financial protection- 5% insurance 3. Investments- 20% (Long, mid & debt funds) 4. Savings - 15% 5. Entertainment - 10% Life is short. I don't want to be rich but wanted to secure my future.

  • @sarahhona5752
    @sarahhona57525 жыл бұрын

    WOW THIS IS NICE 😮💯

  • @mojosgoat
    @mojosgoat5 жыл бұрын

    Nice one bro

  • @purpleclover8366
    @purpleclover83665 жыл бұрын

    I've been doing this for years. It's just common sense

  • @hawk6143

    @hawk6143

    5 жыл бұрын

    But if we are taught way eatlier it will be better

  • @MementoMori1001

    @MementoMori1001

    5 жыл бұрын

    common sense isn't that common these days

  • @triciahall3213
    @triciahall3213 Жыл бұрын

    Now is the moment to diversify your income. The finest choice someone can make is passive income. I made the finest decision ever by investing in cryptocurrencies. Diversifying your sources of income is the only thing that can truly ensure financial security.

  • @triciahall3213

    @triciahall3213

    Жыл бұрын

    I would recommend you get started with a professional broker that will trade for you while you get the profit

  • @triciahall3213

    @triciahall3213

    Жыл бұрын

    I would recommend my current broker Jessica Marie Gibbs financials. She is currently earning a lot of profit for me and het services are top notch

  • @triciahall3213

    @triciahall3213

    Жыл бұрын

    You don't have to be shocked, Jessica Marie Gibbs has helped so many newbies become millionaires through crypto trading

  • @marieyuhasz7087

    @marieyuhasz7087

    Жыл бұрын

    Jessica has changed my financial status for the best. All thanks to my sister who introduced her to me.

  • @triciahall3213

    @triciahall3213

    Жыл бұрын

    @Elizabeth Deere You can connect to her on *wa sapp..*

  • @elizabethajalo879
    @elizabethajalo8793 жыл бұрын

    I'm passionate about learning After effects, I love the graphic in your video. Please help me with links on how you integrated all that

  • @ARPorganics
    @ARPorganics4 жыл бұрын

    Wow this video just showed up on my feed at the right time! I'm going to give it a try.

  • @prakashghimire1623
    @prakashghimire16235 жыл бұрын

    Wow i am so happy brightside is best

  • @theworldthroughmymind5772
    @theworldthroughmymind57725 жыл бұрын

    Apparently Prime Minister of Japan Abe, is not practicing this at all.

  • @vitojosie

    @vitojosie

    4 жыл бұрын

    How come they have been the world biggest creditor for 28 years then?

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