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Wednesday, July 3, 2013

Japanese Salarymen's Allowances At A 30-Year Low

Above, a group of salarymen waiting for a train at Kyoto Station.  Photo by Armand Vaquer.

If you think your wife has you "by the cojones," Japanese salarymen husbands have it worse.

From News On Japan:
The average Japanese husband's monthly allowance slumped to the lowest level since 1982 at the start of the country's financial year as workers await the dividends promised by Abenomics. 
Salarymen's spending money, typically set by wives managing family budgets, was 38,457 yen, down 3 per cent from last year and less than half the 1990 peak, according to Shinsei Bank. 
It is easy to see why some Japanese men are delaying marriage in Japan. Who wants to have their hard-earned money turned over to their spouse and get only a small allowance?

Then again, I've heard that Japanese men are pretty helpless without a wife. (I don't know if that's true.)

To read the full article, go here.

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