Fewer Westerners are working in major Chinese cities as high-paying jobs dry up amid slow economic growth, with living costs and China’s geopolitical tensions with the West also taking their toll. But some of those gaps are being filled by professionals from Southeast Asia, as foreign firms increasingly turn to local or regional talent. Census … Read more
Netflix’s “How To Get Rich Show” host and multi-millionaire author Ramit Sethi recently shared his outlook on how money is central to relationships and ways to avoid financial pitfalls when dating in an interview with British entrepreneur and investor Steven Bartlett on the latter’s “The Diary Of A CEO” YouTube podcast. The duo focused on … Read more
Michelle and Ryan, in their early 40s, have a net worth of $970,000 but need help with daily finances. They continue to dig into their savings for regular expenses despite Ryan earning $140,000 annually. The couple spends a lot on their three kids and avoids telling them they don’t have the money. “I don’t say, … Read more
Social Security rules like the Windfall Elimination Provision (WEP) and the Government Pension Offset (GPO) markedly reduce Social Security benefits for nearly three million US retirees receiving pension income. Under WEP, individuals receiving retirement or disability pension income from public employers that don’t withhold Social Security taxes from their salaries will see their Social Security … Read more
Over seven million Americans receive monthly supplemental security income (SSI) checks from the Social Security Administration (SSA) to cover household expenses. People with limited or no income/resources who are blind, aged 65 or above, or have a disability could be eligible for SSI benefits. Resources can mean vehicles or bank account balances, which shouldn’t be … Read more
For multi-millionaire and best-selling author Ramit Sethi, the moment he realised he didn’t have to work anymore was pivotal. At 42, Sethi’s investments were generating far more income than his expenses. In a recent YouTube video, the host of Netflix’s How To Get Rich explained how the FIRE (Financial Independence Retire Early) movement combines long-established … Read more
An August YouGov survey of over 1,500 US adults revealed that inflation and elevated prices were the most pressing issues for voters. Many were also concerned about the weakness in the US jobs markets and the overall economy. US Vice President Kamala Harris and former President Donald Trump are trying to win voters by focusing … Read more
“When I don’t have a scheduled appointment, I try not to eat out. If I have two appointments in a week, I see it as a red flag and adjust accordingly,” Choi says. Young Koreans are increasingly spending less on dining out. Photo: Shutterstock An increasing number of young Koreans like Choi are minimising their … Read more
In a letter obtained by Axios, sixteen Nobel Prize-winning economists have warned that the re-election of Donald Trump could reignite inflation due to his “fiscally irresponsible budgets.” The economists expressed deep concerns about the potential risks to the US economy should Trump win the November election. The Nobel laureates emphasised that although their views on … Read more
Retired high school teacher Anjali Teirra, aged 58, has lived in her three-bedroom house without homeowners insurance since 2019. She initially took out a policy for her home in the Tehachapi Mountains of southern California in late 2018, which cost her under $100 monthly in premiums. This was affordable and provided peace of mind, especially … Read more
