7 Key Questions to Curb Spending

The Kakeibo method encourages asking the following 7 key questions before making a purchase to promote mindful spending:

Can I live without this?

Can I afford it?

Will I actually use it?

Do I have space for it?

How did I come across it? (Did I actively look for it or was it impulsive?)

What is my emotional state right now? (Am I stressed, bored, or happy?)

How do I feel about buying it? (Will I regret it later?)

These questions help differentiate between needs vs wants, manage emotional triggers, and build conscious financial habits.