How are you spending your free money?
The Yomiuri reports on a survey asking Japanese people what they will be buying with their 12,000 yen flat-sum cash benefits from the national government’
Following dining out, which accounted for 28 percent of responses, were “paying living expenses,” accounting for 22 percent, and “travel,” also picked by 22 percent.
Of the people who chose “dining out,” more than 50 percent said they intended to visit yakiniku or sushi restaurants. As for the preferred travel destination, hot springs, South Korea and Hokkaido were the top three answers, respectively. Of the 12 percent of people who picked “home electrical appliances” as the object of their planned spending, 23 percent said they would buy a flat-screen TV.
Fifty-four percent of the respondents said they wanted live it up such as by “ordering kalbi [choice beef cuts, at a yakiniku restaurant],” “drinking real beer instead of low-malt beer,” “letting children eat as much sushi as they like” and “buying a TV one size bigger than planned.”
If many people are actually spending it instead of putting it into savings accounts, I guess it might have some positive economic impact?
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