Monday 29 July 2024

[Post 416] Gen Z In China: Can This Online Gaming Influencer Become An Entrepreneur In 6 Months? | Money Mind





Summary

What's your next career step when you're already a successful online gamer earning up to US$7000 a month at the age of 21? For one Gen Z in the southern Chinese city of Shenzhen, the goal is to be the boss of her own business. Will she be able to pull it off in the six months she has given herself? 

Friday 26 July 2024

[Post 415] I Left The U.S. For Thailand — Look Inside My $544/Month Apartment





Summary

Paul Lee, 28, moved to Bangkok, Thailand from NYC three years ago. He lives in a 650-square-foot one-bedroom apartment in the Thonglor neighborhood, which Paul says is "the SoHo of Bangkok." The apartment came furnished, and Paul has access to amenities, including a pool and a gym.

Unlocked is a home tour series focused on how much people across the globe spend on their housing, what they get for the money and what they had to sacrifice to make it happen.

Tuesday 23 July 2024

[Post 414] Why We Left China With Our 13-year-old, And Risked Our Lives To Get To The US Illegally





Summary

Dad, Mum, and 13-year-old Lucy departed Chengdu, China with hopes of illegally entering the United States. They are part of a growing trend called ‘zou xian’ or ‘Walk The Line’ in Chinese internet slang, referring to those who take long and arduous detours to America. Their journey across the continent started in Ecuador, spanning 7 countries and 6,000km.

Monday 22 July 2024

Wednesday 17 July 2024

[Post 411] How I Make $400K A Year Working At TikTok





Summary

Sora Lee didn't plan on going into tech after college. Here's what she's learned working at Netflix, Meta and TikTok, and how much money she's made.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

Monday 15 July 2024

[Post 410] Malaysia’s Brain Drain, The Ringgit, Inflation - Plus An Upside For Expats





Summary

For Malaysian Mohd Hafizie Shamsuddin, choosing to work in Singapore allows him to earn up to 4 times the amount of ringgit as opposed to what he’d earn in Malaysia due to the falling Malaysian currency.

How does the depreciation of ringgit accelerate brain drain in Malaysia? For expatriates, why is Malaysia more attractive? 

Sunday 14 July 2024

[Post 409] How To Choose The Right Insurance For You | Money Mind | Financial Planning




Summary

Having sufficient insurance is a key part of individual financial planning. So what are the key questions you need to ask yourself about which insurance is right for you, at different stages of your life?

Saturday 13 July 2024

[Post 408] Hong Kong In The Greater Bay Area: Can Pearl Of The Orient Regain Its Shine? | Insight





Summary

Slowing growth, weak investor confidence and brain drain - Hong Kong, the Pearl of the Orient, may be losing its lustre. Could its future lie in the Greater Bay Area, an economic integration project joining the Special Administrative Region to Guangdong and Macau? 

Over the next decade, greater transport, administrative and economic links will tie Hong Kong inextricably to Southern China. But will Hong Kong find opportunity or obsolescence in the Greater Bay Area? And with around two decades till the end of "One Country Two Systems" in 2047, is the Greater Bay Area a way to assimilate Hong Kong with the Mainland?

[Post 406] Which Magnificent 7 Tech Stocks Are Worth Buying? | Money Mind | Tech Stocks





Summary

They’re the tech stocks moving markets – so are the Magnificent 7 a must-buy? 

Wednesday 10 July 2024

[Post 405] Why A $100,000 Salary Can’t Buy The American Dream





Summary

More than half (52%) of Americans say they would need at least $100,000 a year to be financially comfortable, according to the August 2023 CNBC Your Money Survey. It’s becoming increasingly more difficult to achieve the American Dream, especially as younger generations are beginning their adulthood with thousands of dollars in student loans. Watch the video above to learn more about how much it costs to achieve the American Dream.

Thursday 4 July 2024

[Post 404] My Korean Restaurant Brings In $1.8 Million A Year – Here's What It Costs To Run





Summary

At 27, Ji Hye Kim quit her long-time job at a medical administration company to become a cheese monger at Zingerman's Deli in Ann Arbor, MI. Eight years later, she opened her own Korean restaurant: Miss Kim. Ji Hye is now a James Beard Award semifinalist. In 2023, her restaurant brought in $1.8 million in sales. Ji Hye passes much of that revenue on to her staff, paying them $12-$15/hour and sharing the restaurant's profits with them.

This is an installment of CNBC Make It's Millennial Money series, which profiles people across the globe and details how they earn, spend and save their money.

Tuesday 2 July 2024

[Post 403] I Bought An Ice Cream Shop — Now It Brings In $1.2 Million A Year





Summary

Shawn Allard, 27, quit his job as a dental consultant and decided to buy two Arizona ice cream shops called Novel Ice Cream. In 2023, the business brought in $1.2 million in sales.