Layout:
Home > Mid-Month Financial Checkup

Mid-Month Financial Checkup

January 16th, 2007 at 03:05 am

Okay. So yesterday was pay day in Tokyo. Strangely, people in Japan usually get paid once a month. Which means, people here really gotta manage their money well or else they'll be screwed for the month.

Through a casual conversation I found out that a few co-workers live dangerously from pay cheque to pay cheque.

One guy only had 1000 yen left (about $10) in his wallet and zero in his bank the day before pay day.

Scary. I don't think I could sleep. I guess security means a lot more to me than fun o entertainment.

Anyway, my mid-month update:

1. So far I am doing very well. I earned "Free Money" of $110 (see previous post if you are interested).

2. I've only managed to spend about $120 on groceries for two people for 15 days!

3. I did my finally calculations for December 2006, and I had about $400 USD in excess after I've already put away 40% of my monthly income!

I am in great shape this month, though, some expenses are about to come since I will be on a mini-vacation to southern Japan next week for 5 days.

Nevertheless, my rewards travel fund should suffice.

4 Responses to “Mid-Month Financial Checkup”

  1. sarah Says:
    1168916950

    I sympathsize I am only paid once a month for 9 months. I find it almost impossible to budget.

  2. Amber Says:
    1168916977

    Wow, I would be worried to death if I had $10 left. Way to go on you savings

  3. baselle Says:
    1168925628

    I sympathize too. In the very last academic job I held in North Carolina, I was paid once a month too! Ick.

  4. wintersweet Says:
    1169595588

    Monthly pay is pretty common in the US, if your job is salaried instead of paid by the hour. But yeah, I couldn't live like your coworker guy!

Leave a Reply

(Note: If you were logged in, we could automatically fill in these fields for you.)
*
Will not be published.
   

* Please spell out the number 4.  [ Why? ]

vB Code: You can use these tags: [b] [i] [u] [url] [email]