Dr McNair shares his tips on how to save money in 2018
On 1 January 2018, research by Dr Simon McNair was featured in an article published by The Journal: Ireland on how a Japanese budgeting journal could help save money.
The article entitled “Could this Japanese budgeting journal help you save money in 2018?” discusses the Japanese art of Kakeibo, a basic form of budgeting that involves a budget journal and the need to think more mindfully about money.
Dr Simon McNair shared his tips, commenting:
When it comes to saving, the very first thing to focus on is that saving really means foregoing spending, right? So, one mantra I always tell people to focus on in relation to discretionary spending is “Do I *need* this or do I *want* this?” If it’s the latter, then that’s money that can be saved!