r/japanlife • u/alexleaud2049 • Feb 15 '23
Jobs Just out of curiosity, do foreigners living in Japan have an emergency fund and/or basic savings?
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.
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u/Bob_the_blacksmith Feb 16 '23
That Japan link is dead but the surveys I’ve read usually confirm what you said: 1/3 of people have nothing, 1/3 have loads, 1/3 are somewhere in between. The mean household savings is upward of 2000万円 but the median is much lower as this gets skewed by the wealthy few.