Sunday, 26 January 2025

[Post 997] Wealth Advisor's 20-Year Plan To Give His Kids A Financial Headstart | Money Mind | Wealth Planning


Summary

Strategies to give your children a financial headstart in life. 

[Post 566] Shanghai's Shrinking Expat Population: What Might This Mean For China? | CNA Correspondent





Summary

Being the gateway of China, Shanghai suffered during the Covid lockdowns. But it also benefited when the country pushed to re-engage with the world. As China offers longer visa-free entries to more countries, Shanghai’s attractions are filled with foreign tourists again. But the tourist numbers only tell half the story. 

Since the draconian Covid lockdowns, Shanghai has been fully open for business for more than two years now. But the chunk of the expat community it lost has never really returned. Are Shanghai’s heydays on the international stage as a cosmopolitan global hub behind it?

Thursday, 23 January 2025

[Post 565] How Talking Toes chief rakes in six-figure revenues from socks with cute puns, positive messages





Summary

Home-grown socks brand Talking Toes was once dead in the water. Its director Lucas Saw tells CNA TODAY how he revived the business by seeking to warm not just people's' feet, but their hearts as well.

Monday, 20 January 2025

[Post 564] Why Food Prices Are Still So High In The U.S.





Summary

As inflation cools considerably, prices for items like gasoline, used cars and energy have all declined accordingly. But food prices continue to outpace inflation, increasing by 28% since 2019. 86% of consumers reported feeling frustrated with rising grocery prices, and over a third said they have resorted to buying fewer items to save money. Despite campaigning on grocery prices, President-elect Trump also acknowledged it might be ‘hard’ to bring down grocery prices. So why are food prices still so high? And can anything be done to bring the cost down?

Sunday, 19 January 2025

[Post 563] I Started A Business With $400 — Now It Brings In $180K/Year





Summary

Sarah Cloes, 27, lives in San Marcos, California with her husband, Bret. In 2021 she founded Flora Flora Co., a brand that specializes in selling sustainably packaged shampoo and conditioner bars. In 2024, the business brought in about $180,000.

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.

Friday, 17 January 2025

[Post 562] How Shein And Temu Keep Prices Shockingly Low: Chinese Fast Fashion





Summary

Super affordable products have enabled the Chinese online shopping apps to dominate the US market - Shein, for example, surpassed Amazon in downloads to become the top shopping app in 2021. But just how do Shein and Temu keep their price tags so competitive? And do their low prices come at a cost? 

Thursday, 16 January 2025