[Actual status of household budget management] 79% of people answered that they have kept a household budget book. Approximately 90% of respondents felt “anxious about their household finances” in the future, with some complaining that “even though my income hasn’t gone up that much, prices and taxes are just going up.”
*SOKKIN Co., Ltd.*
Press release: September 20, 2024
*To those involved in the media*
[Actual status of household budget management] 79% of people answered that they have kept a household budget book. Approximately 90% of respondents felt “anxious about their household finances” in the future, with some complaining that “even though my income hasn’t gone up that much, prices and taxes are just going up.”
*～Conducted survey among 100 people over 20 years old～*
SOKKIN Co., Ltd. (Head office: 9th floor, AOIHOUSE SHINJUKU Building, 2-8-3 Shinjuku, Shinjuku-ku, Tokyo, President and CEO: Honma Ryohei) conducts its own questionnaire survey and operates a site that introduces a variety of information about credit cards and finance based on people’s actual experiences. In this article, we will introduce the results of a survey conducted in February 2024 regarding the actual usage of the new NISA.
Article URL
https://my-cardlife.com/base/?p=1865&preview=true
Survey summary
・79% of people have kept a household account book. 24% said they used to wear it ・The most commonly used tool for managing household finances is “smartphone or web household account book app.”
・The most popular household account book app used was “Money Forward ME” ・About 90% of people feel worried about their future household finances ・The most common reason for feeling worried about future household finances was “increase in prices.”
・The most common idea when using credit cards is “limiting the number of credit cards”
・About 80% of respondents said they use credit card points.
・The most common credit card limit was “less than 300,000 yen” and “500,000 to 1 million”.
Background of the investigation
Recently, an increasing number of households are concerned about making ends meet due to the effects of rising prices and tax increases. There are many households whose income has become unstable after the coronavirus pandemic, and many are reconsidering their spending and changing their mindset about saving and investing. Additionally, with the spread of cashless payments, methods of managing spending have changed significantly, and interest in household budget management is increasing.
With this background in mind, based on the results of an internet survey conducted in September 2024, we asked questions such as “Are you managing your household finances?”, “Tools you use to manage your household finances,” and “What household finances are you using?” “Bookkeeping app”, “Are you worried about managing your household finances?”, “What kind of anxiety do you have?”, “How often do you use credit card points?”, “Tips for using credit cards,” “Credit card limits.” We will tell you the amount. Survey details
“[Limited to ages 20 and over] Simple questionnaire on household budget management”
Investigate the actual state of household budget management. ・Survey date: September 13, 2024 to September 18, 2024
・Survey method: Internet survey using the panel of Crowdworks Co., Ltd. ・Target: People over 20 years old
・Number of samples collected: 100 votes
Survey results
■79% of people answered that they have kept a household account book. In response to the question “Q1. Do you keep a household account book?” *45% of the respondents answered “I have been keeping one for some time”*
This is the result. 10% of respondents said they had recently started wearing it, and 24% said they had used it before.*
It was found that a total of 79% of people have kept a household account book*.
In addition, in response to the question “Q1-2. Please tell me the reason for your answer above.”, the following responses were made.
* [I have been using it for a while (some excerpts below)] * ・* I’m on a tight income, so I keep a household account book to objectively find waste and save as much as possible. *
・My hobby is saving money, so I wanted to be able to see my income and expenses.
– It’s easy to understand how much money you’re spending on what, and you can see areas where you’re spending a lot of money unnecessarily, which will help you improve problems in your life.
* [I recently started wearing it (some excerpts below)] *
・I wanted to know how much my monthly expenses were.
・* To manage how much you are spending due to high prices. * ・I felt like I was wasting more money than I thought.
* [Previously attached (excerpt below)] *
・Even though I kept a household account book, I didn’t feel it was very effective.
・I used to manage it using Excel, but it became a pain to manage it. ・I had bought a household account book and kept it, but the amount kept increasing and I was having trouble getting rid of it. I thought that even if you don’t keep a household account book, you can just take the first amount you spend out of your paycheck.
* [I have never worn it (some excerpts below)] *
・Since I live alone, I can keep track of my expenses without having to keep a household account book.
・You can check your credit card usage history and bank account passbook history.
・It’s bulky to keep receipts every time you go shopping, and it’s a hassle to keep track of your household finances when you get home. ■The most commonly used tool for managing household finances is “smartphone or web household account book app.”
In response to the question “Q2. What tools do you use to manage your household finances?” *The most common answer was “smartphone or web household account book app” with 28 votes, accounting for 42%* This is the result. The next most popular answer was “handwritten household account book” with 22 votes.
■The most commonly used household account book app is “Money Forward ME” When asked, “Q3. What kind of household account book app do you use?”, the most common answer was “Other.” The most commonly used app was “Money Forward ME,” followed by “LINE Household Accounting Book,” and “Zaim.”
■Approximately 90% of people feel worried about their future household finances In response to the question “Q4. What kind of household account book app do you use?”, 44% of the respondents answered “I feel very anxious” and “I feel somewhat anxious.” *
In total, approximately 90% of respondents felt anxious*.
* ■* The most common reason for feeling worried about future household finances was “rise in prices.”
In response to the question “Q5. Why do you feel worried about your household finances in the future?”* The most common reason was “rise in prices” with 76 votes*
This was followed by pension issues with 50 votes, followed by salary/income reduction with 46 votes.
In addition, in response to the question “Q5-2. Please tell me why you chose the answer to question 5,” the following comments were made.
* [Price increase (excerpts below)] *
・The most painful thing is that the cost of food has increased due to the rise in prices.
・I’m worried about whether I’ll be able to save money as prices rise year by year.
・* Even though my salary hasn’t increased much, prices are going up rapidly, and social insurance premiums are going up year by year, so I don’t have much money left in my pocket. *
* [Pension issues (excerpts below)] *
・I am worried about whether I will be able to live on my pension after retirement.
・Since I can’t work outside, I’m worried that I won’t be able to live on my old age pension alone.
・There was a time in the news that people needed 20 million yen for retirement, but if the recent rise in prices continues, I feel like I won’t have enough, so I don’t feel like I’ll be able to save any money.
* [Decrease in salary/annual income (excerpts below)] *
・* My future plans have gone completely awry because my income, which has decreased significantly due to the coronavirus pandemic, has not recovered as expected. *
・As my husband approaches retirement age, my income is expected to decrease significantly, and I am worried that my child’s education expenses and future medical expenses for my husband and wife will increase.
* [Increase in tax and social security burden (excerpts below)] * ・Decrease in savings due to increased burden of taxes, etc.
* [Increase in medical and nursing care costs (excerpts below)] * ・I am worried that my medical expenses will increase because I have a chronic disease.
・I don’t have much savings yet, so if I continue as is, I’ll be in trouble if I get sick in the future.
* [Others (excerpts below)] *
・There are concerns that once children reach junior high and high school, their expenses will increase significantly for attending cram schools and going to higher education. They also worry about whether they will be able to pay for university or vocational school tuition.
* [I don’t feel anxious (excerpt from sentence below)] *
・I’m trying to save money, so I’m not too worried.
■The most common idea when using credit cards is to limit the number of credit cards you use.
Regarding the question “Q6. Are there any things you do when using credit cards to manage your household finances?” *
The most popular answer was “Narrow down the number of credit cards” with 63 votes. *The next most popular option was 18 votes for “Check the preliminary figures.”
■Approximately 80% said they use credit card points
In response to the question “Q7. Do you use credit card points on a daily basis?”, 32% answered “I use them frequently” and 44% said “I feel a little worried.” *
In total, approximately 80% of people use points*.
■The most common credit card limit is “less than 300,000 yen” and “500,000 to 1 million yen”.
Regarding the question “Q8. What is the credit card limit?”* The most common answers were “less than 300,000* yen*” and “500,000-1,000,000* yen*”
” was 24%. *The next most common option was “300,000-500,000 yen” at 23%.
Through this survey
In this survey (targeting 100 people), approximately 90% of people felt anxious about managing their future household finances, and it was found that “increase in prices” was the biggest reason. We also found that various attempts are being made to save money, such as “limiting the number of credit cards” and “using credit card points.”
Live a smart and comfortable card life
▼Introducing a site that introduces various information about credit cards
my-cardlife
“my-cardlife” introduces great deals on everything from credit cards to credit card loans, while incorporating anecdotes from the author’s own personal experiences.
Company Profile
Company name: SOKKIN Co., Ltd.
Establishment date: April 7, 2021
Representative name: Ryohei Honma
Address: 16th floor, D Tower Nishi-Shinjuku, 6-11-3 Nishi-Shinjuku, Shinjuku-ku, Tokyo
Company website: https://sokkin.me