A Feminine Philosophy on Money-Saving

A number of books are written on a number of subjects - most on money in one way or another. Understandable because that's one last thing one can't go without.

Now, here's a young woman who was once so sloppy with money and built a debt of two million yen from a loan shark and lost her job. This same young lady is lecturing nationwide telling how to save money. She has a few book on the subject to her credit - all selling very well, too.

A financial planner Yoko Hanawa, 38, is today well situated financially but once destroyed her financial life on account of habitual shopping. She contributed a cool essay on her philosophy of how to make and save money. 

A bit less newsworthy, but worthy your attention. Here it goes:

"Are you early birds or night owls? Which tends to make more money, would  you think? I often visit people on business and find early birds catching more worms, as they say. Able executives are said to settle most of their key assignments in the morning hours. The clearer the mind, the quicker the judgement.

"It' time for bargain sale. Are you tempted to rush to reduced price sales? Do bargain-sale fanatics save more money thanks to 'reduced prices'? The answer is all around you - those never missing a bargain sale are less likely to have enough money saved up. Why?

"Garments of your size and tastes 30% - 50% off in price are certainly a good buy but such is seldom the case. You are momentarily blinded by high percentages of discount price that you grab at things you never wear.

"Suppose you wear a 10,000-yen dress for 20 times, you expend 500 yen per wear; whereas you wear a dress you bought at a bargain sale 5 times only you expend 1000 yen per wear. Try your hastily bought articles by the number of 'wears' and how you end up."

A sharp feminine observation, indeed.

News Source: Nikkei Shimbun