[Post 736] Moving To Your Own Place: Should You Rent, Or Are There Other Options? | Money Mind | Adulting

Summary

Moving to a place of your own: how to decide if you should rent, and are there other options?

[Post 735] Saving For Your 1st Home: What To Consider While Planning For Downpayment | Money Mind | Property

Summary

Buying a first property is the biggest investment for young adults. So what do you need to know about saving for the downpayment? And when it comes to renovation, how can you calculate how much to spend? 

[Post 734] We Discuss BTO: Is It Worth Waiting For Your BTO, And What If You Forfeit Your Flat? | Money Mind

Summary

Is it still worth waiting for your BTO, and what do you do if you break up before collecting your keys?

[Post 733] The heavy costs of raising a special needs child | Money Talks podcast

Summary

From tests to therapy, parents raising a child with special needs require additional resources and careful financial planning. How can they tap on available support?

 

In this week’s Money Talks, Frederic Maury, parent of a special needs child, shares his experiences and advice on how parents can effectively plan for their children’s future.

[Post 732] Gen Z internship race: Fear of missing out or path to success? | Work It podcast

Summary

There is a growing trend of university students juggling multiple internships, even taking time off school to get valuable experience and a foot in the door of industries. Undergraduates Syauqina Amalyn and Toh Yan Yun explain their hustle mentality. 

[Post 731] Why Japan's Gen Zs Are Struggling With Loneliness - And Yet, They Wouldn't Change A Thing

Summary

There’s a growing trend in Japan, solo katsu, where more young people in their 20s and 30s prefer doing things alone rather than with company. And their reasons? Experts suggested one of them could be the Japanese mentality of not wanting to bother anyone. 

[Post 730] Top Money Mistakes People Make In Their 20s, And How You Can Avoid Them | Money Mind | Adulting

Summary

What are the top spending and saving mistakes people make in their 20s – and what are some simple ways to avoid these pitfalls? 

[Post 729] US Fed Might Pull Off A "Soft Landing". Why Does It Matter For You & What Happens Next? | Money Mind

Summary

The US Federal Reserve’s anticipated rate cuts are raising hopes of a soft landing for the world’s biggest economy. So what is a soft landing, and how can you benefit from one? 

[Post 728] US Interest Rate Cuts Coming? How Borrowers and Savers Can Prepare | Money Mind | Interest Rates

Summary

With rate cuts expected from the US Federal Reserve, what are the savvy money moves for borrowers and savers? 

[Post 727] Deep-Fried Food: How Many Times Can We Reuse Our Cooking Oil? | Talking Point | Full Episode

Summary

Who doesn’t enjoy crispy, golden deep-fried foods? But have you ever looked at the pot of oil it has been cooked it and wondered when was the last time it was changed? Recently, a Talking Point viewer wrote in to us with exactly this concern! He’s worried about how often cooking oil is reused in food establishments here in Singapore.

Join host Diana Ser, as she investigates how often hawkers and home cooks are changing their deep-frying oil and if it is in fact safe to consume food cooked in this oil. So she sends reused oils for a lab test and confronts hawkers with the shocking results. Could it be potentially dangerous to try to replace oil in a fryer full of hot deep-frying oil and is there a way to tell that food has been fried in oil used one too many times? 

[Post 726] I Left Wall Street To Start A Coffee Business—Now It Brings In $3 Million A Year

Summary

Despite being a child of Kenyan coffee farmers, it took a trip to America, an MBA at Harvard and a short stint in investment banking for Margaret Nyamumbo, 36, to realize she could build a profitable coffee business while giving back to the sort of farms that raised her. In 2023, her business Kahawa 1893 sold more than $3 million worth of coffee.

[Post 725] Master Your Money: Practical Strategies To Grow Your Wealth

Summary

Are you stressed about money? Need to improve your budget? In our new online course, we'll teach you how to:

• Understand your own psychology and establish a healthy relationship with money

• Break bad financial habits, form good ones, and manage financial stress 

• Use simple techniques to boost your savings and get out of debt

• Save for retirement and grow your money by investing

• Create a long-term plan to achieve financial security and financial freedom, where you control your time

The course is hosted by CNBC Make It Money Editor and Certified Financial Planner Emmie Martin and features financial psychologist Brad T. Klontz, financial educator Yanely Espinal and certified financial planner Kamila Elliott as instructors.

Enroll in the course today and save 30% with the coupon code EARLYBIRD until September 2, 2024. Start your journey to financial freedom today! https://cnb.cx/3xJRE9Q

[Post 724] I Pay $2,100/Month To Live With 23 Roommates in NYC | Unlocked

Summary

Ishan Abeysekera, 33, wanted to make friends when he moved to New York City. His solution? Communal living in Brooklyn.

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.

[Post 723] How I Built A $200 Million/Year Restaurant Group

Summary

In 2007, Alex Smith was a recent college graduate who wanted to open an ice cream shop. This year, his restaurant group expects to bring in $200 million.

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.

[Post 722] I'm Much Happier Living in Iceland Than In The U.S.— Here's How Much it Costs

Summary

Jewells Chambers is a 38-year-old American expat who lives on $73,000/year in one of the world's most expensive countries. She's lived in Iceland for eight years and has no plans to move back to the U.S.

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.

[Post 721] Inside one of Singapore’s last kelongs

Summary

Mr Timothy Ng operates a kelong he bought 20 years ago. Today, it is one of Singapore's four remaining traditional kelongs. With the cost of continuous maintenance and a lack of profitability, the clock is ticking for these wooden fishing platforms. READ MORE: https://str.sg/iWwK

[Post 720] Smash hit 'Black Myth: Wukong' triggers buying spree for gaming components

Summary

From game consoles to processors, global hit video game Black Myth: Wukong has triggered a buying spree for more advanced computers and upgrades in China. While the boom plays into China’s desire to boost domestic consumption, as CNA's Lauren Ong finds out, it may even have a bearing on how China sees the gaming industry amid the ongoing tech war with the West.

[Post 719] Orang Laut: The fast-disappearing sea nomads of Batam, Indonesia

Summary

For centuries, the seafaring nomads have roamed the Malacca Strait, spending virtually their entire lives on traditional boats. But pollution, rising waves and competition from more advanced fishermen have upended the lives of Orang Laut. Read their stories: https://cna.asia/3Z56BhF

[Post 718] How a Singapore egg farm keeps out bird flu

Summary

Here's an egg farm you can't visit - and that's because of the measures it takes to keep diseases like bird flu at bay. CNA gets rare access to Seng Choon Farm, one of Singapore's few egg farms, to see how it guards against diseases. Read more: https://cna.asia/4dUioDU

[Post 717] I've Donated Blood 348 Times: A Blood Donor's Mission To Save Lives | On The Red Dot - Secret Heroes

Summary

Lim Kim Koon has made it his life’s mission to donate blood every 28 days. He goes the extra mile with daily 10km runs and a clean diet to ensure good health for this meaningful act that has so far helped more than 600 patients. The cut-off age for blood donations is 70, and at 60, Lim is up against the ravages of time.

[Post 716] Are Tax Breaks And Subsidies Enough To Drive Change To Electric Vehicles In Indonesia? | Money Mind

Summary

Imagine filling up your car at just 10% of what you’d normally pay, saving on tax, and doing your part in tackling air pollution. These are some of the perks for electric vehicle owners in Indonesia. So why aren’t more people signing up?

[Post 715] Young, Educated & Job-hunting In Sri Lanka: Is Leaving Home The Only Solution? | Money Mind

Summary

The unemployment rate in Sri Lanka is under 5 percent – but in the 20-24 age group, one in five are unemployed. What is it like to be young, educated, and still looking for a full-time job that can cover your (rising) expenses and help you build a brighter future? We follow Gen Z Colombo resident Nadeesha as she takes on this challenge. 

[Post 714] 'They’re Not Filial': China's Eldercare Problem And Nursing Home Stigma | Insight | Full Episode

Summary

China is facing an aging population. Over the next decade, about 300 million people are set to retire. This is nearly equivalent to the size of the US population. 

As the silver tsunami buffets China, the country has started to tackle this issue, aiming to build basic elderly care systems in every province by 2025. Services will include material assistance, nursing, and caregiving. But in a country where filial piety is considered a core virtue, sending one’s parents to a care facility is a social stigma. There is an expectation that children should look after their parents, a view particularly held among the rural population. But in the face of economic headwinds, caring for the aged is becoming an increasing burden on China’s sandwich generation.  

How will China navigate this cultural shift around eldercare?

[Post 713] Key Changes Coming To Singapore REITs: Is It Time To Buy? | Money Mind | Singapore REITS

Summary

Despite being a popular choice among investors, REITs have taken a beating all year. So could three key changes in Singapore, and from outside Singapore, be a turning point?

[Post 712] Mpox: How dangerous is the new variant? | Expert Answers | CNA Explains

Summary

What is mpox? Do you need to get vaccinated for it? We asked for your questions on mpox and here are the answers from Dr Hsu Li Yang, an infectious diseases expert at the NUS Saw Swee Hock School of Public Health. 

[Post 711]The Singapore-Johor Causeway and the polluted waters around it

Summary

The Singapore-Johor Causeway is one of the world's busiest land crossings, with more than 300,000 people crossing the border daily. But fishermen who have cast their nets in the area for generations are lamenting poorer hauls these days, saying that pollution around the Causeway is depleting their catch. 

[Post 710] 8 places to explore the hidden side of Hong Kong: Island-hopping, a monastery and more

Summary

If you’re planning a trip to Hong Kong but want to escape the hustle and bustle of the city – or simply want to experience something beyond the usual tourist traps, shopping and eating, here are a few places to visit. (Video: Wallace Woon)

[Post 709] Glamping at Singapore’s Lazarus Island for a quick, relaxing break from the city

Summary

Looking for an island staycation near Singapore? Here’s what to expect from Into The Woods' boutique glamping experience. (Video: Wallace Woon)

[Post 708] How sustainable is it for Singapore hawkers to offer budget meals? | Deep Dive podcast

Summary

To help alleviate cost of living pressures, all coffee shops leased from the Housing and Development Board (HDB) will need to offer budget meal options by 2026. But how do such meals, which cost about S$3.50, affect incomes of hawkers?

Steven Chia and Crispina Robert speak to Dr Teo Kay Key, research fellow at IPS Social Lab, and Fabian Lim, co-owner of JOFA Meepok, JOFA Grill and JOFA-Oji Donburi.

[Post 707] What is it like to stay in Hoshinoya Tokyo, a luxury hotel inspired by a ryokan

Summary

Stripping away all the Western notions of luxury, what would a high-end hotel in modern Japan look like? The answer to that was Hoshinoya Tokyo, a Ryokan reimagined in the form of an urban, high rise building. But with all the elements of an authentic and traditional ryokan.  

[Post 706] China's "ghost" railway stations prompt questions about rapid expansion of high-speed network

Summary

China has the world’s most extensive high-speed railway network, and it is still rapidly expanding. But the system has come under scrutiny, with 26 decommissioned train stations scattered across the country. Observers point to over-investment, low passenger flow and remote locations as key reasons. CNA’s Tan Si Hui visits some of these so-called ‘ghost’ stations.