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Have you cut back on your spending as rising prices hit households in Japan?

25 Comments
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25 Comments
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No more trips for us.

9 ( +12 / -3 )

If anything the knowledge that my Yen will be worth less a year from now than they are today is encouraging me to spend more of them now.

-10 ( +1 / -11 )

It actually seems to be doing us some favors. Prices rising means people are buying less, and if people are buying less it means there is more discounted stuff at the end of each day (at supermarkets we frequent anyway). because of this our spending hasn’t noticeably increased.

7 ( +10 / -3 )

depends.

if we are talking about food people who wants to cope with recent situation of shrinking of products szie and rising prices literally for everything - they have better buy local food/say veggies fruits in you live in some rural area for example/ and avoid some costco shopping/as prices for many products there are insane high-you can see people pushing half empty carts and thinking what for they have paid 4.400jpy for one year memebsrhip since many goods can buy in say standard stores naerby and at same or even better prices/.

cook at home,reduce eating outside.still keep good balance of energy and vitamins.

as long as you are in Japan and not travelling abroad you dont feel these unpleasant changes since you are getting paid in jpy and you pay jpy for goods and services as well.story will be different if you will decide to travel say in Europe or USA and all will start with crazy high price for tickets,than shock when you will change your hard earned heavy taxed JPY into EURO or USD,than will go see local shops,see prices,real inflation than will start feel you will be happy back in Japan...so yes many people who could affod before to travel say to en masse visied places like Guam,Saipan or say Hawaii will not travel abroad as well and will prefer to stay in Japan-so another way how to save money during these days.

-3 ( +3 / -6 )

Food and drink consumption is the same, we are happy with our feeding habits as they are even red meat and veggies are getting more expensive. As for everything else, we just wont buy anything. We have been getting more and more frugal over the years anyway (our own choice), and the current situation is making us double down on that.

The whole world is in a ridiculous bubble and has been for decades. People just dont need the vast majority of crap they buy. At some point something has to give and prices will go deflationary. The companies that realise they will do better business by undercutting their competition will inevitably be the ones who survive, not the companies who insist on squeezing their customers.

9 ( +9 / -0 )

No I had already to cut back before that all started. But I have an idea what and whom to cut back if I am further pressed into the corner. And that for sure won’t be daily expenses.

2 ( +3 / -1 )

Yes, I am cutting back where I can and buying from the reduced price section.

I will continue to reduce my spending for as long as it takes!

5 ( +5 / -0 )

Yahoo auction is great if you can wait for the right deal. Got a ¥130,000. one year old, made in Japan Panasonic 8kg washing machine last week for ¥40,000. Still driving, for 8 years, my 1999 HONDA which I paid ¥350,000. for. I wonder if a better question would be “at what point in this crazy bankster scheme will you consider buying second hand products?”

5 ( +5 / -0 )

No cut backs for two reasons.....I lead a fairly frugal lifestyle and have an exceedingly generous trust fund. I have noticed prices for many items have risen much more than the governments "official" inflation numbers so I can imagine some people will be hurting.

-1 ( +3 / -4 )

Less Costco, more farmer's market. Might've become healthier actually.

5 ( +5 / -0 )

Less Costco, more farmer's market. Might've become healthier actually.

Except many so-called farmer's markets get their produce from the same places as the supermarkets.

1 ( +3 / -2 )

Yup. Not traveling, not shopping for goods I don't need, and have been buying food more at farmer's markets, and funnily enough, through Mercari from hobby farmers. Cuts out the middle-man completely. Japan wants to keep devaluing the yen to get tourist dollars while we all suffer, forget encouraging them and their calls for us to sacrifice more for the economy.

2 ( +4 / -2 )

If I see it I buy it I just throw it in the basket!!! Sorry my wages are good, my savings is solid, I have worked hard through college and now in the professional working world. I am not boasting to say I have made some good investments and with that good decisions. I wish all could do the same, its no credit its cash and carry!

-4 ( +2 / -6 )

Yup, cut back on entertainment a lot and will continue to from now on if things stay as is and get worse since it looks like energy companies will be allowed to increase prices as well as extra taxes

of course there are ways to do these things in the cheap

1 ( +1 / -0 )

Definitely no. I'm paid in USD so my spending on the local economy and on non-essential activities has increased significantly.

0 ( +3 / -3 )

What shocked me was the increase in price of a bento I like to eat by 100 yen. It is something that I can easily suck up but I certainly did more than a double take because I view Japan as inflation-free!

1 ( +1 / -0 )

My work's had a few good months coming out of Covid, so my willingness to spend has picked up. I would be in a bad way if our food bill had gone up with my income still in the doldrums. I'm sure that must have happened for others.

I normally try to live very frugally and like Fizzbit am a Yahoo Auctions junkie. I have lots of great toys, bikes, guitars, snowboards, home theater stuff, etc. but it's all off there.

2 ( +2 / -0 )

Sold the wife’s GLB for an actual profit.

she wanted an Nissan leaf instead.

Making our own bread, no more store bought as they raised prices 20 yen.

buy meat when it goes on sale.

glad I dumped all my crypto two weeks after peaked.

Mericari, or yahoo auctions is great to grab deals

1 ( +1 / -0 )

Kipling,in other words,you are a miser like scrooge,I give too others on a daily basis, something you should do with your trust fund Bar Humbug

0 ( +1 / -1 )

@Yrrai you are hilarious isn't wasn't I who called you ba Humbug? LOL

1 ( +1 / -0 )

We've stopped purchasing square watermelons...for now.

2 ( +2 / -0 )

No, because I've always tried to be frugal. I was never the one to buy square watermelons like garypen.

0 ( +0 / -0 )

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