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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 jiā “family, home,” jì “calculation, plan,” bù “exercise book, register”
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Example Sentences
Examples are provided to illustrate real-world usage of words in context. Any opinions expressed do not reflect the views of Dictionary.com.
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.
Read more on US News
Each housewife scrupulously tracks her family’s spending in her kakeibo, or budget book.
Read more on BusinessWeek
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