Monday, 24 July 2023

[Post 260] Buying A Used Car In Singapore: What Should You Look Out For? | Talking Point | Full Episode


Summary

The value of Singapore’s booming used car industry is scheduled to grow over 20% by 2027. And with the amount of used cars sold almost tripling that of new cars registered in 2022, it’s not hard to see why.

But with recent news reports putting the used car industry in a bad light - Many are more suspicious about buying second-hand amidst the increasing number of complaints about the industry. Is it really as bad as it’s made out to be? Is a used car worth the trouble? 

Sunday, 23 July 2023

[Post 259] Singapore firms turn trash into profit in India's waste management sector


Summary

Singapore firms are looking to harvest growing opportunities in India's waste management sector, especially as the Asian country puts in motion efforts to go greener. This includes turning trash, like disposed electronic goods, into precious resources. 

[Post 258] Living On $43K A Year As A Professional Clown | Millennial Money


Summary

David Torres-Fuentes, 23, lives in Nashville, Tennessee with his wife Jacquelyn, and they earn around $43,000 a year. David and Jacquelyn book parties as professional clowns through their new business, Abrakadabra Events. They also each work day jobs to help fund their life and business.

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

Friday, 21 July 2023

[Post 257] How to earn $80,000, $90,000 and $100,000 in interest alone every year for retirement


Summary

An "interest-only" retirement plan can fund your retirement without draining your savings, but you will need to save a lot of money to make it possible. CNBC crunched the numbers, and we can tell you how much you need to save every month, broken down by age, to get $80,000, $90,000 and $100,000 every year in an interest-only retirement. Check out this video to learn how much you will need to turn that dream into a reality.

Thursday, 20 July 2023

[Post 256] Book Summary 5: DIE WITH ZERO By BILL PERKINS


Summary

The money you leave behind doesn’t really say a whole lot about the life you've led. So how can you spend your money to live a truly blessed life?

Tuesday, 18 July 2023

[Post 254] Why Citibank Branches Are Closing Around The World


Summary

After the company’s collapse during the 2008 recession, Citi’s stock has continuously struggled. Shares of the company saw more than a 30% drop over the last 5 years. In 2021, CEO Jane Fraser announced a bold shift in the company strategy, exiting 14 consumer markets outside of the U.S. and instead doubling down on wealth management. It’s a tactical move that several other major banks like Bank of America and Wells Fargo have adopted in recent years. So will Citi’s bet pay off and can the company return to its former glory?