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๐Ÿ‡น๐Ÿ‡ผ Taiwan /Economy & Trade

Japanese Pensioner's Savings Shrink Despite Diligent Efforts Amid Rising Costs

From Liberty Times · () Chinese

Translated from Chinese, summarized and contextualized by DistantNews.

At a glance

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  • A 75-year-old woman in Japan struggles to maintain her finances despite diligent saving due to rising prices and declining physical health.
  • She faces "saving fatigue" as her efforts to find cheaper goods become increasingly exhausting and less rewarding.
  • The situation highlights a growing social issue for the elderly in Japan, caught between inflation and the physical limitations of old age.

A 75-year-old woman living alone in Japan, identified as Kiko (pseudonym), finds her efforts to save money increasingly futile as rising prices and her own declining health erode her savings. Despite relying on a monthly pension of approximately 110,000 yen (about $700 USD), she has long practiced careful budgeting, comparing prices and shopping during sales.

However, the persistent increase in the cost of food and daily necessities has left her feeling powerless. Even with dedicated effort to find bargains, the final cost is significantly higher than before. This has led to a sense of "saving fatigue," where her diligent efforts feel meaningless.

"No matter how hard I try to go to cheaper supermarkets, I don't save much in the end. Trying so hard to save a few tens of yen suddenly feels empty," Kiko shared. Coupled with her diminishing physical strength, she has begun shopping at convenience stores closer to her home.

No matter how hard I try to go to cheaper supermarkets, I don't save much in the end. Trying so hard to save a few tens of yen suddenly feels empty.

โ€” Kiko (pseudonym)Describing her feelings of futility due to rising prices and diminishing returns on her saving efforts.

While the convenience stores offer a respite from carrying heavy bags over long distances, the cost is nearly double that of supermarkets. Kiko admits to initially adopting a mindset of "saving is meaningless anyway." Yet, watching her bank balance dwindle has become a heavy burden.

"Every time, I blame myself for spending too much, but I really don't have the energy to carry heavy bags up that slope to get home," she lamented. What was once a source of enjoyment, planning shopping routes and comparing deals, has become a painful routine driven by the desire to minimize physical exertion. This "saving fatigue" is becoming a significant social issue for the elderly in Japan's super-aged society, battling inflation and physical decline.

Every time, I blame myself for spending too much, but I really don't have the energy to carry heavy bags up that slope to get home.

โ€” Kiko (pseudonym)Explaining her shift to convenience store shopping despite the higher costs, due to physical limitations.
DistantNews Editorial

Originally published by Liberty Times in Chinese. Translated, summarized, and contextualized by our editorial team with added local perspective. Read our editorial standards.