Money

  • Why are Japanese interest rates so low?
    August 26th, 2009By drifter
    Recently, during a lesson of mine, a Japanese student proudly informed the class that she has found a long-term savings plan at her bank that gave her over 1% interest! She was so happy at her apparent cleverness in beating the usually ridiculously low rates (typically somewhere in the neighborhood of about 0.5%). » Continue Reading
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  • Change We Can Believe In
    April 8th, 2009By bluestorm
    My first months in Tokyo were tough.  I left the States without much resembling a ‘plan’ for my life in Tokyo.  I made friends quickly, but making any kind of consistent money took considerably longer.  Yen was precious and I handled it carefully.  But the difference in the way money is » Continue Reading
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