Whichever way you look at it, life in Japan is expensive.
As well as Japan’s food, drink and fuel ranking among the world’s most expensive, compared to many western countries, land in particular is sold at a premium, meaning that accommodation can be costly, and even those with enough capital to consider purchasing a car often abandon the idea when they realise that they cannot afford to buy or rent the necessary parking space.
CNN’s “World’s Most Expensive Places to Live 2012” placed Tokyo and Osaka first and third, respectively, and thanks to the strong yen and weak dollar/euro/everything, coming to live in Japan has never been more financially challenging.
With this in mind, budgeting expert Yoko Hanawa at Yahoo! Japan shares some ways in which Japan’s businessmen and women tackle everyday life in this tough financial climate, and introduces a few ideas of her own that are worth paying attention to.
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