With summer bonus season now upon us – padded by an extra 40,000 yen in tax cuts this year – I thought it might be interesting to see what those of us who work for Japan-based companies are planning to do with their glittering stash of yennies.
[Edit: title should read 2024-25! Getting ahead of myself]
With Famichiki now at 230 yen the cost of living squeeze shows no sign of letting up, and the weak yen makes investing in foreign stocks less appealing.
On the other hand some people may be enjoying pay rises (an average of 5% in this year’s shunto) and planning to stay the course in terms of their long-term investment plans.
Others might be planning to flash the cash – if you have any consumer products you want to buy in the near future, it seems the cost is only going up, so why not get them now?
Vote below…
by Bob_the_blacksmith