Married Person's Average Allowance Lowest Since 2007: Survey (News)
Tokyo, May 1 (Jiji Press)—A survey by Meiji Yasuda Life Insurance Co. has found that the average monthly sum a married person can spend freely is ¥25,082, the lowest amount since the survey began in 2007.
The amount was ¥4,421 less than the ¥29,503 recorded in 2016, when the monthly allowance rose for the first time in six years, according to the Internet-based survey conducted for eight days through April 10.
A total of 1,080 married men and women in their twenties to fifties provided information on their monthly allowances.
The average allowance stood at ¥31,764 for men and ¥18,424 for women, more than ¥10,000 yen short of the amounts they wished, respectively.
"There is a large gap between hope and reality. Many people are tightening the purse strings though they don't want to," the major insurer said. "There is still a long way before personal consumption recovers."[Copyright The Jiji Press, Ltd.]