Why Teaching English in Japan Can Bankrupt You

Video Description

Use the link "https://wise.com/invite/ecac/4c54c9" to sign up to Wise and convert up to 600 dollars to yen for free! Learn Japanese pitch-accent and pronunciation from my Patreon Series "Japanese Phonetics" https://www.patreon.com/dogen You can find Chris Broad’s book, “Abroad in Japan - Ten years in the Land of the Rising Sun” on Amazon: https://a.co/d/9w0WbD2?tag=dogen-20 (affiliate link) 00:00 Intro 01:59 Current average English teaching salaries 02:39 The negative effects of the weak yen 05:13 The declining population, stagnant wages, and rising costs 06:12 How over tourism is making everything more expensive 07:42 The difficulties of trying to pay U.S. debt in Japanese yen 08:35 How financial difficulties in Japan can compound with other issues 09:42 Practical advice introduction 10:16 General Advice 1: Build up a 3-6 month emergency fund 10:47 General Advice 2: Save 15% of your income each month 11:37 JET Advice 1: Lean on your predecessor and buy used 13:33 JET Advice 2: Don't over rely on conbini—buying food online in bulk 14:25 JET Advice 3: Make studying Japanese part of your daily routine 15:13 JET Advice 4: Strategic compromise 15:54 JET Advice 5: International transfers and Wise 18:19 JET Advice 6: Build your portfolio ft. Chris Broad 20:15 JET Advice 7: Be mindful of diminishing returns 21:27 Outro Dogen / Dōgen / Japanese / 日本語 / Why Teaching English in Japan Can Bankrupt You / How Japan Can Make You Poor / The Current Japanese Economy / The Weak Economy / The JET Program / Interac