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money (Page 8)

“Why do I have to study English? I’m never going to use it… there’s no point,” whines at least one Japanese student in any given English class on a daily basis.

Now, thanks to one company’s clever new initiative, instead of the usual spiel about the benefits of English being an “international language,” teachers can tell their students that knuckling down and mastering the language could bag them 1 million yen.

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The Japanese love their insurance. According to the weekly tabloid Shukan Post, the average household in Japan pays 454,300 yen (approx. US$5,393) a year in life insurance premiums in an effort to feel safe and protect loved ones. Comprising just 2% of the global population, Japan pays 18% of the world’s total insurance premiums, this which works out to average insurance spending of US$3,500 per capita, the highest level in the world.
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Japanese Man Arrested for Using Novelty Cash, Clerk Tipped off by Laughing Yukichi

Japanese paper currency is printed with the faces of various prominent figures.  However, rather than past or present leaders, like many countries do, the yen banknotes are decorated with writers and a scientist.

For example, the 10,000 yen (US$124) bill has the likeness of Fukuzawa Yukichi, a highly influential writer during Japan’s transition from the feudal system to modern government.  He is also known to have never smiled in a photograph, which is why when one man attempted to spend a 1,000,000 yen (US$12,400) bill with a picture of a grinning Yukichi, the clerk’s suspicion was aroused.

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Elementary School Child’s Design Chosen For Japanese Commemorative Coin, “Unsophisticated” Drawing Shown No Mercy

Japan’s Ministry of Finance has just announced the chosen designs for coins commemorating the reconstruction efforts for the Great East Japan Earthquake that rocked the northern area of Tohoku on March 11, 2011. 

A premium gold coin with a face value of 10,000 yen (US $127) and a premium silver coin with a face value of 1,000 yen (US $12.75) are schedule to be produced in 2015.  Most are engraved with beautiful symbols of Japan, but does one of them look a little funny to you? Read More

Japanese Part-Time Jobs Bring in Cash Money! $12.50/hr for Entry-Level Convenience Store Clerk

Japan may hold the reputation as one of the most expensive countries in the world, but that doesn’t mean the majority of the population is struggling everyday just to scrape by. In fact, even part-timers can do pretty well for themselves thanks to the high wages offered for even some of the most basic jobs.

When I was in university, I supported myself by working part-time at a restaurant for 900 yen ($10.80) an hour which carried me through those four years just fine.

Wages seem to be even higher now, perhaps due to a recent scarcity of part-time labor, especially in Tokyo.

To give you a better idea of just how much Japan rewards its part-time employees, I’ve selected a few entry-level jobs from around Tokyo to share with you all. Be sure to let us know how the wages compare with your own country!

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