The Japanese word kakebo (pronounced ka-kay-bo) literally means "household accounts book". In Japan, everyone uses kakebo - even little children are given their own specially designed books. At home and in school they learn to record their income and expenses.
Our grandmothers used to keep records of household income and expenses in their own notebooks. These days, with credit cards and payments made by cellphone - and one-click online shopping - we've lost track of the money moving in and out of our wallets. Aurum Calculator is a useful and effective tool for keeping track of expenses and learning how to save.