Every month, he saved ten thousand yen out of his income for his daughter.

It will pay you to save a part of your salary each month.

And in the mean time, personal savings absolutely plummeted.

What we're seeing is an uptake in the savings rate.

Savings bonds.

They're savings bonds.

It's not just numbers on a piece of paper.

Save your dollars bills, yo!

Where maybe I saved 5, but someone else borrowed 5.

A 1 0 U.S. Savings Bond.

I don't dividend it out to the shareholders. I just keep that.

This is something I call the 50 20 paradox.

What's this building?

And because I care, I'm putting it all away for you. Just like storing nuts for the winter.

Until we get to this point right here, where everything starts blowing up.

He's given a control that allows him to adjust his savings rate.

So we're starting to pay for things with money that we have.

So this is a timely problem.

And what I'm going to talk about today is Save More Tomorrow.

I guess there's two things you could talk about.

Keep something for a rainy day.

But the remainder is savings.

It's not even sustainable economically.

And slowly, slowly we're bringing it up to a moderate savings rate.

She runs two of the lines, and has already saved enough money to put a down payment on her house.

In an emergency you can fall back on your savings.

Holding down the right flank of the OECD, all the way on the other side, is Greece.

In an emergency you can fall back on your savings.

There was nothing to buy, unless you wanted to buy some rivets. Right?

Because I kind of view that as a reference point.

Let me just put it into my mattress.

Well, think about smoking, for example.

I still have some money saved! I'm prepared for hard times.

If you want security in your old age, begin saving now.

You'd rent a smaller home.

living on 44 percent of the income.

But there's another group of people who were more than offsetting that by taking credit.

Now even after all of this granular level of control, do futureless language speakers seem to save more?

Put by money for the future.

Do you know what this was right here?

So you essentially have forced savings.

What about the remaining half of the people?

But either way I think you get the point.

It should be noted, of course, that the United States and the U.K. are the next in line.

Oh, layoffs, payroll reduction. That sort of thing. Hmm.