concept   debt
culture   Japan
statement   In Japan, there is a cultural emphasis on avoiding debt and relying on family support for financial discipline.
14 similar statements
# Concept Culture Statement Freq.
1 book borrowing Japan Less common due to cultural emphasis on purchasing and owning books 1
2 borrowing Japan Borrowing money is often discouraged as it can strain relationships and cause loss of face. 1
3 borrowing Japan Borrowing money from family or friends is more common than seeking loans from financial institutions 1
4 borrowing Japan Borrowing money for personal expenses is generally avoided, and saving money for purchases is considered more honorable. 1
5 debt Japan In these cultures, owing money to others is often seen as shameful and may bring loss of face to the debtor. 1
6 debt Japan Avoiding debt and maintaining financial discipline is culturally important 1
7 debt instrument Japan Less commonly used in everyday financial transactions, with a greater focus on savings and deposits in banks. 1
8 debt security Japan Less commonly used investment tool compared to other financial instruments, due to preference for alternative assets such as real estate 1
9 debt security Japan Less commonly used investment option compared to other financial instruments 1
10 debt security Japan Less commonly utilized as an investment vehicle compared to equity securities. 1
11 financial security Japan Preference for cash and conservative financial strategies 1
12 financial security Japan Emphasis on collective financial security through family support and generational wealth. 1
13 government debt Japan Holding government debt is considered a sign of patriotism and support for the country's development. 1
14 leverage Japan Emphasizes the importance of maintaining harmony and balance in relationships and business interactions. 1