If you read the headline and think: “What the f*** is Kakeibo?!”
Then go and read Part One first. It has been amazing how big of an impact it has done to my finances that I started to take note of every cent. Even though there is a big difference in living in Asia, and couch surfing in Denmark. I’m still convinced that this single habit is the best to stay on top of your finances.
The Categories
To summarize. I have four categories that give to my expenses.
- Essentials
- Optional/Wants
- Unforeseen
- Investing
The Spending
In April I had the following spending in the four categories:
Category 1 = 1.552 DKK (231 $)
Category 2 = 899 DKK (134 $)
Category 3 = 450 DKK (67 $)
Category 4 = 0 DKK
Total spending = 2.901 DKK (432 $)
The Averages
Average amount pr. transaction = 161 DKK (24 $)
Average amount pr. day = 96.7 DKK (14 $)
Average transaction/day = 0,6
The Comparison
| Cat | April 2020 | March 2020 | % Improv. |
| 1 | 5.713 | 1.552 | 268 |
| 2 | 7.889 | 899 | 778 |
| 3 | 558 | 450 | 24 |
| 4 | 0 | 0 | 0 |
| Averages | April 2020 | March 2020 | % Improv. |
| Amount pr. trans | 186 | 161 | 16 |
| Amount pr. day | 456 | 97 | 370 |
| Transactions/day | 2,45 | 0,6 | 308 |
Couch Surfing and Cooking
It seems like it is way cheaper to cook for people to borrow their couch. That is what I have been doing the last month. Visiting family and friends in every corner of the country, and just showing up with a bag of food (and beer) and do some cooking.
Category 2 is the one that I would like to keep as low as possible. Preferably 0. But a 778 % improvement is a quantum leap!
And a 370 % improvement on my “Amount pr. day” isn’t that shabby either.
Tomorrow I will do 13 days of sailing in Denmark with two of my friends. And I think that will have an impact on this project.
Blog Sponsor
A fellow danish money blogger is this post sponsor. His name is John, and he writes in danish about hands-on money-saving tips and other money/finance related stuff at vilebo.dk