The good question, can saving money every month make you rich?
Saving money is an important part of our lives, especially in the financial situation we find ourselves in. With house prices rising and jobs paying less, the only way to continue to live well is to pay attention to your personal finances.
Can saving make you rich?
Many entrepreneurs advise people to invest their money instead of keeping it locked up in savings accounts.
By investing your savings, you can grow them rather than keeping them aside. However, investing is certainly not for everyone; there are many pitfalls and a lot of knowledge to know before you can make money from it.
So what should you do? Save or not save to get rich?
Well, that depends on what you mean by wealth. If you want to have a million in the bank, but you can’t make that much money in five years, then obviously saving won’t get you there, you have to invest.
On the other hand, if you want to save for a house, for your children’s college or for your retirement, you are on the right track.
Putting a little money into your piggy bank every month can really change your life and your bank account.
But how do you manage to save all that money every month? After all, we need it to live, don’t we?
Well, let’s face it, not all the expenses that drain our wallets are really necessary.
There are small mistakes that destroy our finances every week, but it is easy not to notice. Whether it’s too much ice cream, too many nights out or too much money spent on gas, there’s an easy way to find out how to fix it.
And do you know how much this ‘save money every month’ method will cost you? (Don’t worry, it’s only the cost of a pizza with toppings)
Saving money every month? Kakebo!
No, I have not just insulted your family.
Kakebo means ‘household book’ and is a Japanese method of managing household finances.
The concept was first developed by Japan’s first female journalist, Hani Motoko (1904).
Managing our personal finances does not have to be a pain in the neck, it can be quick and even fun with the right help.
This book can finally help you achieve your savings goals and you will be able to save enough for your next trip in just a few months!
So what exactly does Kakebo offer?
The Kakebo is a great investment for your wallet because you only have to buy it once and it will last you the whole year. Every day, you need to keep track of how much you spent that day and what you spent it on, and when you get home, you write it down in the Kakebo.
This process will help you in two ways:
- By writing it down, you will realise whether your spending was really necessary or not
- You will realise how much you spend each day
The graphics are beautiful and intuitive, without wasting your time.
The best way to save money quickly is not to spend it.
Kakebo is not only a great way for you to save money each month, it is also a great mini investment for the whole family. By paying the cost of a Poké, you will have an excellent financial aid that will last all year.
If you want to buy it, click here.
I recommend that you give it to your friends if they have told you that they want to save up for something; taking part in this ‘challenge’ together will help you both not to lose the motivation.
If you are responsible and consistent, I assure you that Kakebo will save you from bankruptcy. It will allow you to save more than you spend and pay off debt. Give it a try and let me know how it goes, I always love to read your results!
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