Hi, I'm Sayu, a nurse who FIRE in Japan!
We publish our expenditures every month.
You can learn the actual situation of Lean FIRE in Japan.
I have only broken it down into 5 categories
Now let’s take a look at February expenses:
Total-947USD （Excludes investment costs)
In total, I spent 947USD (111,071JPY) during February
Including investments, the total is 1458USD (171,005JPY).
The average expenditure of a one-person household in Japan is 1283USD (150,506JPY) per month.
Ministry of Internal Affairs and Communications household survey, 2020https://www.stat.go.jp/data/kakei/2.html
341USD (40,000JPY) including eating out
I cook most of my own food, but I am not forcing myself to save money.
It is important to spend money on food for your health.
Housing -102USD (12,000JPY)
I own my house and have no mortgage. Property tax and repair costs are divided by 12 months.
Water, gas, and electricity total about 43USD (5,000JPY).
Tap water in Japan is clean, drinkable straight from the tap, and tasty.
Pension 136USD(16,000JPY) fixed amount regardless of income (exemptions are available for students and those with low income)
Health insurance 74USD(8,691JPY)
Resident tax 107USD(12,166JPY)
17USD(2,000JPY) Unlimited calls, 20 gigs.
Total for insurance, gasoline, maintenance, etc. No loan, parking fee, etc.
My hobbies such as playing musical instruments, reading books, bicycles, etc.
do not cost much money.
Therefore, my entertainment expenses are low.
This item includes stocks, mutual funds, RITE as well as personal investments (books and tuition).
I also have extra cash to invest.
I buy mutual funds of all world stocks using dollar cost averaging.
In Japan, there are NISA and iDeCo, which do not charge taxes on profits, and I use them (there is a cap on the amount that can be invested in a year).
When cash reaches about 2 years of living expenses, investments will be suspended.
This is because we now value our free time more than increasing our money.