Japanese Wives Give Salarymen Reprieve With Allowance Gain
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Japanese women are giving their husbands a reprieve, allowing them larger monthly allowances to offset a sales-tax rise at the start of the financial year.
Spending money, often set by wives who control family budgets, rose 2.9 percent to 39,572 yen ($389) from last year, according to Shinsei Bank Ltd., a Tokyo-based lender whose data go back to 1979. Salarymen spent more on drinking sessions, spending 3,483 yen an average of 2.4 times a month.