Thursday, 30 May 2024

[Post 387] Gen Z Money Tips: Saving $10k Fast On A Graduate's Starting Salary | Money Mind | Savings





Summary

How do you save $10k quickly if you've just started working? One Gen Z shares his strategies. 

[Post 386] "Kids Are Too Expensive!” How Thailand Became One Of The World's Fastest Aging Countries | Insight





Summary

After Singapore, Thailand has the lowest fertility rate in Southeast Asia, making it one of the fastest aging countries in the world. The problem is, Thailand will grow old before it grows rich. 

An aging society is typically a predicament affecting developed nations. But Thailand is still developing. So, why is it facing a population crisis ahead of time? How did culture, religion, the economy, policies, and politics drive down the birthrate in the Land of Smiles? The Thai government is changing the laws to encourage more births. Can they reverse the slide? And, faced with a stagnating economy and competition from its younger neighbours, what does it mean for Thailand if it cannot rejuvenate its fertility rate?

Wednesday, 29 May 2024

[Post 385] Savings Account Interest Rates Going Down: Better Ways To Save? | Money Mind | Savings





Summary

Major banks are cutting rates on their flagship savings accounts, so what are the low risk, high yield alternatives for savvy savers?

Tuesday, 28 May 2024

[Post 384] Same Style For Less Money? Why Some Buyers Choose Dupe Products: Bargain Hunters | On The Red Dot




Summary

Dupes, or duplicates, have surged in popularity in recent years - offering budget-friendly options to high-end products. From designer fashion to make-up and tech, bargain hunters can find many products that are inspired by trendy branded originals. There are even dupes available for popular fast food items. How difficult is it to find good dupes, and how much can you really save from buying them?

Meet avid frozen food dupe hunter, Leslie Koh, relishes in finding “taste-alikes” for popular branded fast food and teaches you how to cook them to satisfy cravings at a fraction of the price. Next, Isyraf Rusydi, a business student who collects fragrances as a hobby, shows Host Andrea Chong where to buy popular expensive scents at a fraction of the costs. Then, Isabelle Rosta, who has a women’s lifestyle blog, shares her dupe fashion finds. She attempts to find Andrea a dupe of an outfit worn by a character in the series 'Emily In Paris,' which Andrea admires. Will she be successful in finding a budget-friendly option?

Monday, 27 May 2024

[Post 383] Why Malaysia’s Currency Has Been Falling: Can The Ringgit Recover? | Insight | Full Episode





Summary

In February this year, the Malaysian currency, the ringgit, suffered its steepest decline in 26 years. It briefly slipped past MYR 4.8 against the US dollar, its weakest since reaching an all-time low of 4.88 during the 1998 Asian Financial Crisis. 

This has caused a strain on the country’s key industries - from the airlines to manufacturing - due to higher fuel prices and cost of raw materials. It has shaken investor confidence and accelerated outward migration. 

Why has the ringgit lost so much of its value? Could the depreciating ringgit spell trouble for Prime Minister Anwar Ibrahim? As the government projects a recovery, is a turnaround in sight?

[Post 382] Hot Weather Makes You Less Productive: How To Keep Cool & Save On Energy Costs | Money Mind





Summary

Beating the heat with some cool tips and solutions while keeping energy bills down.

Sunday, 26 May 2024

[Post 381] Save Money On Your Home Renovation With DIY, Thrifting, Taobao: Bargain Hunters | On The Red Dot





Summary

Creating your dream home can be costly…but it doesn’t have to be. Host Das meets couples who have done more for less, as he picks tips on glamming up his future home. When Izwan and Nadirah were forced to move up the timeline on their home purchase, they were left with just $5,000 to renovate their 5-room flat. Das discovers how they turned their blank canvas into a modern masterpiece - and their limitation into a thriving business – by doing it themselves.

Myra, known to her friends at the “Taobao queen”, saved thousands on furniture by buying direct from manufacturers on China’s largest online marketplace, despite not being able to read a word of Chinese. She teaches Das how to navigate the platform, save costs on shipping and even snag free furniture customisation. You’d never guess that 80% of the furnishing in Renee and Leo’s home is second-hand. Das learns how to haggle for homeware and get furniture for free, and transforms a worn out chair into a new piece for his home.