The reason I asked this is because I’ve noticed that a lot of my foreign coworkers claim that they have next to zero savings and after years of working in Japan have nothing saved.
Lol. Of course it’s going to be yes or no. New eikaiwa staff in their 20s will probably have more no responses than older people working in IT, finance whatever.
Yep I do. It’s a big chunk of money. But the peace of mind is priceless as I work in a high stress industry and it’s very up and down (not IT or finance)
Trying to, always leaving just enough to book a last minute ticket plane back home for emergencies (even though the prices have gotten crazy)
Sounds like your coworkers need to learn how to budget
One of my associates retired penniless to the Philippines, another retired early with a million. Most people will be somewhere in between. Save now for the future, and if you have children, start saving yesterday for their college fund.
Yes
I was with Interac as an ALT. After the upfront expenses were done, I managed to save about 10万円 (around 900usd at the time) each month. I am general quite frugal though, especially when by myself, but I still feel like I went out quite a bit
Hell no. I was practically living paycheck to paycheck (sucked at budgeting and I had other things to pay for) and tbh, without my husband giving me half of the OHA we were getting (we never lived together) id probably alot more..
But that was back in 2017-2019, fast forward to today… still no, to be fair i dont work. But my husband does..
When I struggled with alcoholism, I had just enough for a ticket home. Speaking of, I should probably, like, double the money in that account now since prices shit themselves. I’m in a much better place now, thankfully.
Now, the better part of a decade in, I have a decent savings. I was able to take 1.5 months off work and not worry. I’m primarily saving for a house once I get PR.
Until I find a better job, saving is very tough right now.
Living in the countryside as an ALT, I went from spending it all every month and just barely scraping by, to pulling myself into proper spending mindset. I realized that I was squandering my money.
I still do everything I did from when I was netting zero to now I am saving 12~15万円 per month on an ALT salary (skiing almost every day and golfing every weekend). Bought some expensive things and also wedding and trips, but try to keep at least 200万 in the bank at all times.
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Lol. Of course it’s going to be yes or no. New eikaiwa staff in their 20s will probably have more no responses than older people working in IT, finance whatever.
Yep I do. It’s a big chunk of money. But the peace of mind is priceless as I work in a high stress industry and it’s very up and down (not IT or finance)
Trying to, always leaving just enough to book a last minute ticket plane back home for emergencies (even though the prices have gotten crazy)
Sounds like your coworkers need to learn how to budget
One of my associates retired penniless to the Philippines, another retired early with a million. Most people will be somewhere in between. Save now for the future, and if you have children, start saving yesterday for their college fund.
Yes
I was with Interac as an ALT. After the upfront expenses were done, I managed to save about 10万円 (around 900usd at the time) each month. I am general quite frugal though, especially when by myself, but I still feel like I went out quite a bit
Hell no. I was practically living paycheck to paycheck (sucked at budgeting and I had other things to pay for) and tbh, without my husband giving me half of the OHA we were getting (we never lived together) id probably alot more..
But that was back in 2017-2019, fast forward to today… still no, to be fair i dont work. But my husband does..
When I struggled with alcoholism, I had just enough for a ticket home. Speaking of, I should probably, like, double the money in that account now since prices shit themselves. I’m in a much better place now, thankfully.
Now, the better part of a decade in, I have a decent savings. I was able to take 1.5 months off work and not worry. I’m primarily saving for a house once I get PR.
Until I find a better job, saving is very tough right now.
Living in the countryside as an ALT, I went from spending it all every month and just barely scraping by, to pulling myself into proper spending mindset. I realized that I was squandering my money.
I still do everything I did from when I was netting zero to now I am saving 12~15万円 per month on an ALT salary (skiing almost every day and golfing every weekend). Bought some expensive things and also wedding and trips, but try to keep at least 200万 in the bank at all times.