I made the single biggest purchase of my life last week. After fuel charges and 12 other airline taxes I spent $2,000 on a round-trip airline ticket from Tokyo to Chicago for the 2 weeks in August. Is it an outrageous price? You bet, but as I’ll try to justify to my readers (and myself), the ticket [...]
Tag Archives: spending
Why You Shouldn’t Save Money Like a Young Chinese Woman
by Austin on Jan, 21 2010 in Debt, Life Abroad, Savings
“[Chinese women] under 32 have an effective savings rate of zero.” This quote comes from an article from Financial Times (via Jezebel) highlighting the 21st century yue guang zu or “spend-all-your-salary clan” women of China. These twenty-something, working-class women are spending the bulk of their monthly paychecks on glamorous items like clothes, jewelry, expensive restaurants, [...]
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Hi, my name's Austin Morgan. I teach English in Japan and write about money for twenty-somethings. Feel free to contact me with any questions and I hope you enjoy the site!

