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kakeibo
[ kah-key-boh ]
noun
Japanese
- a system of maintaining one’s household budget based on a simple financial philosophy of spending and saving that is both mindful and purposeful:
Our accountant suggested that the principles of kakeibo might help us transition from a double-income to a single-income household.
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Word History and Origins
Origin of kakeibo1
Coined in 1904 by Japan's first female journalist, Motoko Hani (1873–1957), who published the plan in a magazine; from Japanese: literally, “household account book,” from ka “house, household” + kei “account, measure, plan” + bo “record book, register,” all from Middle Chinese; compare Chinese ᾱ “family, home,” ì “calculation, plan,” ù “exercise book, register”
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Example Sentences
Examples have not been reviewed.
Founders say one reason for their success is how Moneytree is based on the old Japanese idea of "kakeibo," a tabulated book housewives used before the arrival of computers to keep a daily record of household spending, which still resonates with Japanese.
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Each housewife scrupulously tracks her family’s spending in her kakeibo, or budget book.
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