Saturday, 21 December 2024

[Post 923] I Earn $108K A Year & Make Nearly All My Own Clothes—I've Brought In $23K Selling Them Online


Summary

Brooklyn Karasack, 27, creates and sells outfits for music festivals as a side hustle in addition to her $108,000/year day-job as an internal audit consulting manager. Since 2021, she has brought in over $10,000 from her sales.

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, 20 December 2024

[Post 922] Inside South Korea’s 6-Hour Martial Law Chaos & President Yoon's "Political Suicide" | Insight


Summary

On the 3rd of December, South Korea was plunged into chaos. President Yoon Suk Yeol declared martial law in a shock move. Lawmakers scrambled to vote to lift the order, even as soldiers received instructions to stop them. In the end, South Korea was under martial law for six tense hours, before it was lifted. In the two weeks that followed, the country would struggle to deal with what happened. 

Why did President Yoon invoke martial law? Were there legitimate reasons, or was this an attempted power grab? Insight explores what led up to the fateful night of 3rd December, how it echoed South Korea’s troubled past, and what happened in the weeks that followed. 

[Post 921] I Launched A Business From My Living Room — Now It Brings In $9 Million A Year


Summary

Jenny Lei, 28, is the founder and CEO of Freja, a company that sells work totes, shoulder purses and travel accessories. The 4-year-old startup brought in more than $9 million in revenue over the last 12 months, including $2 million in profit. Here's how Lei built a trendsetting brand, despite her lack of experience in the industry.


Thursday, 19 December 2024

[Post 920] I Hang Out With A Passport Bro: How This Korean-American Man Found Love In Thailand


Summary

American digital nomad Paul Lee, 28, is part of a growing trend of young, conservative Western men who travel overseas to find love or “traditional wives”. After moving to Bangkok four years ago, dating has never been easier for this passport bro, who says Asian women are more feminine and family-oriented than their Western counterparts.  

Although some critics say these men are exploiting women from developing nations with their social and financial power, others like Lee argue these ladies are free to choose who they want to date. 


[Post 919] We Turned Leftover Restaurant Food Into A $162 Million/Year Business


Summary

Too Good To Go is on a mission to eliminate food waste on a global scale. Its app connects users to retailers selling surprise bags of leftover food at the end of the day. In 2023, the Danish company brought in about $162 million in revenue.

Wednesday, 18 December 2024

[Post 918] I’m Much Happier Living In Bali Than In The U.S. - Here’s How Much It Costs


Summary

Steven Guo, 24, relocated to Bali, Indonesia, from Southern California in 2024. He currently makes $254,000 a year running multiple e-commerce businesses that are on track to bring in a combined $1.7 million this year.

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 917]Malone Lam's alleged US$230m crypto scam | CNA Explains


Summary

Singaporean suspect Malone Lam shot to infamy after he was arrested for allegedly stealing US$230 million in cryptocurrency. The 20-year-old used the money for swanky cars, travel, luxury watches and parties at clubs. How did he pull off "one of the largest cryptocurrency thefts" from a private individual US history? Here's what we know. Read more: https://cna.asia/40MkBxK