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Savings Potential in Rural Japan

 
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bish



Joined: 26 Feb 2008
Posts: 30

PostPosted: Mon Dec 15, 2008 4:56 pm    Post subject: Savings Potential in Rural Japan Reply with quote

I am thinking of coming over in March. It will be my first time in Japan but I have 2 years experience and a CELTA. I would prefer to live in a quiet place and save a bit of money but am wondering how possible this seems to people who understand the economic climate of Japan better than I do...

Let's say I was taking 250,000 a month and taking out around 65,000 for rent and bills then how much do you think would be possible to save?

What other big expenses per month could I expect to be paying out?
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Khyron



Joined: 10 Mar 2006
Posts: 291
Location: Tokyo Metro City

PostPosted: Mon Dec 15, 2008 5:16 pm    Post subject: Re: Savings Potential in Rural Japan Reply with quote

bish wrote:
I am thinking of coming over in March. It will be my first time in Japan but I have 2 years experience and a CELTA. I would prefer to live in a quiet place and save a bit of money but am wondering how possible this seems to people who understand the economic climate of Japan better than I do...

Let's say I was taking 250,000 a month and taking out around 65,000 for rent and bills then how much do you think would be possible to save?

What other big expenses per month could I expect to be paying out?
Please read the sickies, or even do a search for this info in these forums. This is information that is readily available, as your questions have been asked and countless times.

Also, how can anyone give you numbers for how much you might save when you've given no information about your lifestyle?
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Mon Dec 15, 2008 9:44 pm    Post subject: Reply with quote

The oldest sticky has your answer in FAQ 5, but as Khyron wrote, there is really no exact answer.

With average rent, average utilities, average food costs, average phone bills, and average insurance, you will pay an average of half a 250,000 yen/month salary in these basic necessities. Yes, I overemphasize the word average for many reasons, even in the country.

What you do with the other 125,000 per month is up to you. Figures I've been citing for the past ten years are that you could save/bank zero to one hundred percent of it, and that depending on your lifestyle, the "average person" could save/bank 50,000 to 90,000 per month.
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bish



Joined: 26 Feb 2008
Posts: 30

PostPosted: Mon Dec 15, 2008 10:13 pm    Post subject: Reply with quote

Thanks for the replies.

I would be planning on leading a quiet life in the first year and concentrating on learning the language and keeping myself fit etc. I don't drink on school nights (or at least only on occasion) and would be concentrating on doing my job as well as possible, doing as much work as possible.
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markle



Joined: 17 Jan 2003
Posts: 1316
Location: Out of Japan

PostPosted: Tue Dec 16, 2008 12:44 am    Post subject: Reply with quote

It's all about timeframe. If you're looking at a quick year, then you'll save little. However if you figure that you will only really start to save in the second year and could save enough for a small apartment within five then it will be much more realistic
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Glenski



Joined: 15 Jan 2003
Posts: 12844
Location: Hokkaido, JAPAN

PostPosted: Tue Dec 16, 2008 3:29 am    Post subject: Reply with quote

Your "school night" may be hard to manage. Some eikaiwas split your weekends into divided days, like Sunday and Tuesday.

One thing I forgot to mention was that if you get national health insurance, you pay only about 2500 yen/month the first year, but budget for things because it goes up tenfold after that.
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