Was browsing around the personal finance sites out there the other day and came across this sad story detailing the financial woes of Mrs. Sato (the average Japanese housewife) at Thicken My Wallet. Hope it doesn’t remind you of someone you know…
Mari Sato has nodded off on the train again. It’s been happening a lot lately, the result of sleepless nights worrying about a money crisis. Like most Japanese wives, Mrs. Sato is the family’s money manager, therefore it’s up to her to resolve this financial problem. So she lies awake at nights trying to figure out how.
To put it bluntly, Mrs. Sato needs cash — a lot of it, and soon. Her daughter, Sumiko, will likely be admitted into a prestigious university. That would ensure a good career with an excellent salary. But the Satos will have to pay an annual tuition fee of $8,500….
1 response so far ↓
steve // March 26, 2008 at 11:25 pm |
Seems to me the kids need to find themselves part-time jobs to help out.
At least Mrs. Sato was smart enough to avoid Forex trading like some many other unfortunate Japanese housewives.