[Post 1108] Dignity In Death For Lonely Seniors Who Can't Afford Their Own Funerals | Extraordinary People

Summary

In 2012, Cheng Hong Welfare’s former chairperson Lim Chung Hang began to provide free funeral services to the needy, regardless of race and religion. Even after he has retired, he continues to care for his beneficiaries – despite being 85 years old himself.

[Post 1107] He Helps Elderly Hoarders Declutter, And Cares For Them For Life | Extraordinary People

Summary

When Steven was a financial advisor, out of the blue, he was approached by an elderly to help her declutter her home. 13 years on, he’s founded a charity called Helping Joy. His mission is to give lonely seniors clean homes to live in, for as long as they are alive. 

[Post 1106] China’s Middle Class Cuts Spending: Is Its Economy At Risk? | Asia's Changing Middle Class | Insight

Summary

With over 400 million, China’s middle class is larger than the population of the United States.This group is expected to drive consumption and economic growth. The Chinese middle class, however, have instead tightened their purse strings. Savings hover near record highs. In China, the luxury goods market saw a 20 percent drop in sales last year. It is the sharpest decline in 14 years and spending in this sector is expected to be muted in 2025.

As Chinese suppliers look to other markets to absorb their products, small businesses in Southeast Asia struggle to compete with deluge of low-priced Chinese exports. Spurring investment and consumption have been high on the government’s agenda, but a trade war with the US is escalating. What happens if the world’s largest middle class continues to scrimp and save?

[Post 623] Meet A Gen Z Electrician Working In A Hotel Staffed Fully By Women | Money Mind | Sri Lanka

Summary

Money Mind visits a workplace in Sri Lanka where the best man for the job is a woman. The Amba Yaalu Hotel in Kandalama is run by an all-woman team. And it's also helping to address one of the biggest problems facing young Sri Lankan women.

[Post 622] 5 Money-Losing Mistakes Young Investors Often Make (& How To Avoid Them) | Money Mind | Gen Z

Summary

5 investment mistakes that cost young adults thousands of dollars, and how to avoid them.

[Post 621] I Bought Abandoned Apartments For $50K – And Turned Them Into $220K/Year Short-Term Rentals

Summary

Sara McDaniel, a real estate investor and content creator, purchased an abandoned property with eight apartments in Minden, Louisiana in 2021. She paid about $50,000 for the property and spent about $730,000 on renovations. Today, the apartments are short-term rentals known as "The Villas at Spanish Court," bringing in around $220,000 in 2024.

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 620] I Moved To Paris After Going Bankrupt In The U.S. — I'm Much Happier Now

Summary

Jay Swanson, 39, faced mounting financial struggles that ultimately led him to declare bankruptcy in the U.S. Seeking a fresh start, he relocated to Paris, France, in 2017 - embracing a new chapter in his life.

This story is part of CNBC Make It's Millennial Money series, which details how people around the world earn, spend and save their money.