RResidents in Japan

I’m thinking about opening a saving accaount, any advice?

Hey everyone!

So recently I’ve been tight on money due to a job change and moving from Hiroshima to Chiba. And I’ve been thinking I should have a saving account and have some money to avoid getting in a tough spot again.

Do you have any ideas or advice on the best way to go about it?

3 comments

  1. you can put money into bank account and spend less than you earn – you will be saving.

    if you mean a account with any kind of significant interest rates, those don’t exist in Japan.

  2. I highly doubt the 0.1% interest will help you if you spend more than you earn. Please take some time and consider checking the resources over at r/japanfinance
    Good luck

  3. Work on an emergency fund, about 3-6 months worth of your monthly bare minimum expenses (rent, utilities, food).

    Put it in a normal account, so you can access it any time.

    As for how you get there: spend less than you make, try to maximize your income, etc.

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