concept   budgeting
culture   South Korea
statement   Budgeting is a widely practiced and culturally important concept in South Korea, utilizing tools like kakeibo to promote social harmony and financial management.
3 similar statements
# Concept Culture Statement Freq.
1 budgeting South Korea It is common for households to use a kakeibo (budgeting journal) to manage finances. 1
2 government spending South Korea Government spending is often seen as a necessary tool for economic stimulus and social welfare, with less emphasis on minimizing deficits. 1
3 personal budgeting South Korea Emphasized as a way to maintain social harmony and avoid financial embarrassment 1