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kakeibo

[ kah-key-boh ]
/ kɑˈkeɪ boʊ /
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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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Origin of kakeibo

From Japanese; literally, “household account book,” coined by Japan's first female journalist, Motoko Hani (1873–1957), who published the plan in a magazine in 1904
Dictionary.com Unabridged Based on the Random House Unabridged Dictionary, © Random House, Inc. 2023
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