Tag: money | RocketNews24

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Is 800 Million Yen Really Enough to Take a Bath In?

Mar 30, 2013 by Master Blaster
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Not too long ago, Mr. Sato was thumbing through a magazine when he came across an ad for something. On the page he could see a man sitting in a bath tub filled with cash. “Boy, he sure looks happy” Mr. Sato thought as he put down the magazine.

That image lingered in the back of his mind until the announcement of Loto 7’s biggest jackpot ever, 800 million yen (US$8.5M). Then it dawned on him. He could win the grand prize and realize his new dream of bathing in money.

“Winning the jackpot once should be no problem,” he thought to himself “but it’d be a little harder to win twice if I need that much to fill a tub.”

He had to be sure that 800 million yen was enough before he’d be foolish enough to play the lottery.

Mar 21, 2013 by Philip Kendall
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Ever the video game fans, we have to admit that there were a couple of gasps and squeals of delight this morning at the RocketNews24 office when we first caught sight of these The Legend of Zelda-themed banknotes designed by deviantART member Ash. With 1, 5, 10 and 20 rupee notes featuring characters from the series and printed in colours faithful to the game’s gem-shaped currency, we’re positively dying for Nintendo to adopt the idea and make these things official Club Nintendo freebies.

Jan 28, 2013 by Kay
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It’s an age-old question: Which is more important, love or money? There’s no right answer, and your feelings on the matter could very well change over the years. But really, you don’t want your life to be completely devoid of either, do you? Well, maybe if you’re exceedingly lucky, you have plenty of both and won’t ever have to think about choosing between the two (but I have the feeling that many of us aren’t that lucky). Sure, the Beatles can sing “All You Need Is Love” all they like and we can join along at the top of our voices, but can you really make a relationship, or even more complicated, a marriage work without money? Read More

Study English, Get $11,000! Softbank to Offer Employees Cash Bonuses Based on English Ability

Jan 14, 2013 by Michelle
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“Why do I have to study English? I’m never going to use it… there’s no point,” whines at least one Japanese student in any given English class on a daily basis.

Now, thanks to one company’s clever new initiative, instead of the usual spiel about the benefits of English being an “international language,” teachers can tell their students that knuckling down and mastering the language could bag them 1 million yen.

Jan 13, 2013 by Steven
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They say money can’t buy happiness, but it’s certainly enough to get a paraplegic beggar up and walking, according to these photos recently shared on Dao Ke Dao.

Dec 24, 2012 by John Stuart Translations
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The Japanese love their insurance. According to the weekly tabloid Shukan Post, the average household in Japan pays 454,300 yen (approx. US$5,393) a year in life insurance premiums in an effort to feel safe and protect loved ones. Comprising just 2% of the global population, Japan pays 18% of the world’s total insurance premiums, this which works out to average insurance spending of US$3,500 per capita, the highest level in the world.
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Chinese Man Accidentally Invents Cash Magnet, Tunes it up and Turns Pro

Nov 27, 2012 by Philip Kendall
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With the help of a powerful home-made magnet, a man in Nanjing, China, now spends his days collecting small change dropped in streets, rivers and drains, sometimes amassing enough to pay his daily living expenses.

After accidentally dropping one of his valuable farming tools into a nearby river, Aibao Cheng struck upon the idea of attaching a few magnets from a broken radio to a long pole and fishing around in the water. When he discovered that his quickly assembled device had picked up a small handful of coins after just a few minutes, he wondered what would happen with an even more powerful magnet…

Nov 4, 2012 by Master Blaster
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Japanese paper currency is printed with the faces of various prominent figures. However, rather than past or present leaders, like many countries do, the yen banknotes are decorated with writers and a scientist.

For example, the 10,000 yen (US$124) bill has the likeness of Fukuzawa Yukichi, a highly influential writer during Japan’s transition from the feudal system to modern government. He is also known to have never smiled in a photograph, which is why when one man attempted to spend a 1,000,000 yen (US$12,400) bill with a picture of a grinning Yukichi, the clerk’s suspicion was aroused.

Oct 25, 2012 by Master Blaster
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The above symbol (xiào) refers to the concept of “filial piety” which values the respect for one’s parents. It’s a Confucian concept that runs strong in Asian cultures, especially China, which says that it’s the child’s duty to honor the parents by taking care of them in old age and by conducting one’s self properly so as not to bring shame on them.

In China, it’s common practice for workers to send a part of their salary back to their parents who live elsewhere. Yet despite the country’s soaring economy many families are having trouble making ends meet, so one company decided to send money to their worker’s folks for them.

Oct 4, 2012 by Philip Kendall
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A woman in Ningbo, China, is claiming that she received a counterfeit bill among the cash she withdrew from a Chinese bank’s ATM.

After withdrawing 500 Yuan (around 80 US dollars) from the machine, Ms. Oh visited a pharmacy where she attempted to pay for a handful of items with one of the five 100 Yuan notes.

Although she had checked that the amount was there in full when it came out of the machine, Oh had not noticed the fake bill amongst the four other genuine 100 Yuan notes, and handed it over at the pharmacy without thinking anything of it.

Sep 28, 2012 by Philip Kendall
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Want to be the next political leader in Japan? We hope you’ve got deep pockets!

It was revealed by internet-condensing extraordinaire Naver this week that, in order to put themselves forward for election, aspiring political leaders much first make a mandatory deposit of six million yen (77,000 US dollars / 59,000 euros) into the legal system, making Japan the most expensive country in the world to announce one’s candidacy. Read More

Elementary School Child’s Design Chosen For Japanese Commemorative Coin, “Unsophisticated” Drawing Shown No Mercy

Sep 6, 2012 by Michelle
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Japan’s Ministry of Finance has just announced the chosen designs for coins commemorating the reconstruction efforts for the Great East Japan Earthquake that rocked the northern area of Tohoku on March 11, 2011.

A premium gold coin with a face value of 10,000 yen (US $127) and a premium silver coin with a face value of 1,000 yen (US $12.75) are schedule to be produced in 2015. Most are engraved with beautiful symbols of Japan, but does one of them look a little funny to you? Read More

Make Saving Fun With Adorable “Kitty Bank” (Live Cat Required)

Jun 30, 2012 by Steven
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Depositing your loose change into a piggy bank can be a fun way to practice frugality, but what if you don’t have a piggy bank to begin with?

Instead of going out and buying one (because that would be unnecessary spending!), why don’t you create your own kitty bank—all you need is a cardboard box, a pair of scissors and a cat!

Mar 14, 2012 by yoshio
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Japan may hold the reputation as one of the most expensive countries in the world, but that doesn’t mean the majority of the population is struggling everyday just to scrape by. In fact, even part-timers can do pretty well for themselves thanks to the high wages offered for even some of the most basic jobs.

When I was in university, I supported myself by working part-time at a restaurant for 900 yen ($10.80) an hour which carried me through those four years just fine.

Wages seem to be even higher now, perhaps due to a recent scarcity of part-time labor, especially in Tokyo.

To give you a better idea of just how much Japan rewards its part-time employees, I’ve selected a few entry-level jobs from around Tokyo to share with you all. Be sure to let us know how the wages compare with your own country!