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Thread: Money - How much is enough? Max

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    Default Money - How much is enough? Max

    So I guess this is a question that gets asked a lot (I've seen it at least a few times) and the answer is ESID, but I might be in the position where I'll need to figure out how much I need to keep of my savings soon.

    Can anyone give me estimates about how much I'd need until payday in the worst case scenario? Like living in a city, with key money, no subsidised apart, the BOE not agreeing to lend any money, needing a car (though perhaps it'd be less likely in a city), etc.
    Last edited by Kewne; December 21st, 2011 at 21:46.

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    Worst case scenario: ¥300,000
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    Billy Big Bollocks Ini's Avatar
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    Default Re: Money - How much is enough? Max

    I bought over 450000 but 300000 of that went on a car
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    Default Re: Money - How much is enough? Max

    Ouch, I didn't even think of a car and how expensive that it.

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    magic markers Gezora's Avatar
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    If you're a private and depending on your placement you could need up to 500,000 yen.
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    Lost in a Strange Land lilyanphino's Avatar
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    Default Re: Money - How much is enough? Max

    I brought about 200000 yen and had no problems, but my BOE didn't ask me for rent or anything until after my first payday. I also didn't start getting charged for utilities until after my first payday. I was pretty lucky with this though and I have heard of other people who had to pay for stuff immediately.

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    Default Re: Money - How much is enough? Max

    I appreciate these answers, but I don't like how they keep going up and up.

    Assuming that it's 500,000 yen, that'd be just over £4000 UK money. I'm suddenly glad I didn't do JET last year, before I saved up from my previous job.

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    Billy Big Bollocks Ini's Avatar
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    Default Re: Money - How much is enough? Max

    of course in those days you could ride the shink to osaka and back for 100yen and still have change left for a steak dinner at the 4 seasons. If you are buying a car and paying key money you could be hitting gez's 500000. Especially if its not a furnished apartment and you need to get washing machines and beds and jazz
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    Feckless Manchild Otaku word's Avatar
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    Default Re: Money - How much is enough? Max

    If you're pressed for $, you should find out if you REALLY need a car. If you're in any sort of city, it may be possible to live relatively comfortably without one. It might be unpleasant but doable if you end up being short on funds.
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    Billy Big Bollocks Ini's Avatar
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    Quote Originally Posted by word View Post
    It might be unpleasant but doable if you end up being short on funds.
    leave how miss_doitsu funded her education out of this
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    Senior Member Jojo's Avatar
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    Default Re: Money - How much is enough? Max

    i brought 400,000 and spent a bit more than half on a car..and that included paying for the apartment crap etc
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    Default Re: Money - How much is enough? Max

    The husband and I brought 250,000 and used it up rather quickly... also ended up taking some money out of our American bank account to help cover the costs of my car. The more you save up, the easier it is to settle in.

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    Does not approve HeartNana's Avatar
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    Default Re: Money - How much is enough? Max

    I brought 200,000ish, and ended up needing only about 130,000 till my first paycheck. And I was pretty much the opposite of somewho who was living conservatively, so yea...depends on what you have available to you when you first get here I guess.

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    Default Re: Money - How much is enough? Max

    Thanks all who answered. From the sound of it, it might be best to have about 500,000 earmarked for then in case of the worst situation, but not actually take all of it and try avoid costs where possible.

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    Default Re: Money - How much is enough? Max

    In my recent holiday experience, one of the best exchange rates I got was by withdrawing money from my ATM card at 7-11 in Japan. I plan on taking nothing and withdrawing money as I need it, unless I have a particularly rural placement, in which case I'd probably just do a big withdrawal at the Tokyo Orientation.

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    Senior Member Eudox's Avatar
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    Quote Originally Posted by Prospective View Post
    In my recent holiday experience, one of the best exchange rates I got was by withdrawing money from my ATM card at 7-11 in Japan. I plan on taking nothing and withdrawing money as I need it, unless I have a particularly rural placement, in which case I'd probably just do a big withdrawal at the Tokyo Orientation.
    I think you may have missed a point or three...

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    Senior Member Tyr's Avatar
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    Default Re: Money - How much is enough? Max

    that number is super worst case.
    I brought £2000ish and I was perfectly fine- didn't even have to get money out of the bank after my first payday as I still had plenty left.

  18. #18

    Default Re: Money - How much is enough? Max

    I brought £1000 on my first stint in 2003 and it was fine.

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    Default Re: Money - How much is enough? Max

    That's like a decade ago. With inflation that 1000 is like 1800 ~ 2500.

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    Senior Member Eudox's Avatar
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    Quote Originally Posted by Merkypie View Post
    That's like a decade ago. With inflation that 1000 is like 1800 ~ 2500.
    Ahaha exactly what I was thinking. But yeah, I'm reasonably inaka with low rent and no key money. I brought 100,000 yen with me (I'd already paid 150,000 for my car), and I had to borrow/use my credit card for another 70,000 or so.

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