Untold Chinese Money Secrets That Build Wealth

[@AliceCeeCPA]

Join my weekly newsletter! ❤ alicecee.beehiiv.com/ Other free resources How To Build A 6-Figure Coaching Business💸 thedigitaldemand.com/how-to-build-a-6-figure-coaching-business/ Ultimate KZbin Cheat Sheet 📸 thedigitaldemand.com/youtube-cheat-sheet/ Why Net Worth Skyrockets At 100k 🚀 networth.thealicecee.com/

[@HeartWritesINC]

Good elaboration on the frugality learned from parents… it wasn’t frugality by choice 👀 but good to exercise wisdom but not be cheap/ not treat yourself within your means.

[@MizMundoAdventures]

I'm African and had a very similar upbringing. My parents were strict and frugal and didn't want me to move out after college, so I took advantage of the situation. Saved all my money and invested in rental properties and other investments and they did too. Now we're all living on passive income and traveling the world 😊

[@SelinaKalimukwa]

Wow Congrats

[@Ji-Min-j7b]

My company paid a consultant to provide retirement classes when I was 24 and just started saving for retirement. The class was called "The Kids Table" and basically their advice was go with a target retirement fund that aligned with your 65th birthday. That was 20 years ago. It is the only thing I've ever invested in. How else can I grow my finance?

[@JefferyDuns]

target date funds made me a multimillionaire but i also watched them drop 40% in a very short time and take a long time to recover. my best suggestion is that you seek the guidance of a seasoned advisor to avoid mistakes

[@RobbieNixon-d1w]

When it comes to ‘’personal’’ finance/retirement planning, following the steps of a seasoned advisor did the trick for me in just 5 years. Helped turn my capital into a whooping 6 figure yearly returns. If you want to keep it very safe, then Vanguard TDF may be for you.

[@PatrickLloyd-]

@@RobbieNixon-d1w Who is this person guiding you and how can i reach he/she?

[@PatrickLloyd-]

thanks for the lead, curiously searched Sophia by her full name, easily spotted her consulting page and was able to schedule a call session, she seems highly professional from her resumé

[@PASCALDAB]

Managing money is different from accumulating wealth, and the lack of investment education in schools may explain why people struggle to maintain their financial gains. The examples you provided are relevant, and I personally benefited from the market crisis, as I embrace challenging times while others tend to avoid them. Well, at least my advisor does too, jokingly.

[@DonaldStokes-p]

investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@viviancarolgioao]

you are completely right, Advisors have information and paths that are not disclosed to the public.. I profited $560k in 2023 under the tutelage of my Fiduciary-counselor. Am I selling? Absolutely not.. I am going to sit back and observe how this all plays out.

[@Tonyrobs2]

@@viviancarolgioao I've been looking to get one, but have been kind of relaxed about it. Could you recommend your advis0r? I'll be happy to use some help

[@Tonyrobs2]

I just googled her and I'm really impressed with her credentials; I reached out to her since I need all the assistance I can get. I just scheduled a caII.

[@kortyEdna825]

I initially did the big ticket buy, 150k into SCHD, 75k TSLA, 25k VYM, 25K VUG, AMZN 25K. Now I'm dca buying roughly 2k every week of whatever is on sale, and looking to add more tech positions to my portfolio. I'm looking to hold long term 15 - 20 years, so hopefully my lump sum buy in doesn't bite me in the ass long term.

[@NoorJari406]

In the past month, my "unexciting" index funds provided me with over $6,000 in dividends, giving me the option to spend without selling shares. Currently, I've opted to reinvest the dividends to acquire additional index funds for future growth.

[@PatrickFitzgerald-cx6io]

I agree; I have approximately $1m in external retirement funds. I am debt free and have very little money in retirement funds compared to the total value of my portfolio over the past three years. To be honest, having a portfolio-advisor for investing is genius!

[@KaurKhangura]

I find your situation fascinating. Would you be willing to suggest a trusted advisor you've worked with?

[@KaurKhangura]

I copied her whole name and pasted it into my browser; her website appeared immediately, and her qualifications are excellent; thank you for sharing.

[@MeaganGood-yn9wp]

If you don't find a means of multiplying your money, you will wake up one day and realize that the money you thought you had, had been exhausted. Investment is a ladder to climb the financial wall.

[@ChigozieUdeh-lh4sp]

You are absolutely right 💯

[@ChigozieUdeh-lh4sp]

Investing in alternate income streams should be the top priority for everyone right now. especially given the global economic crisis we are currently experiencing. stocks, gold, silver, and virtual currencies are still attractive investments at the moment.

[@ArshbyJushua]

Am looking for something to venture into on a short term basis, I really need to create an alternate source of income, what do you think I should do?

[@MeaganGood-yn9wp]

Cryptocurrency/stock investment, but you will need a professional guide on that.

[@MeaganGood-yn9wp]

Facebook 👇

[@tonysilke]

I love how you take your time to educate your viewers we all strive towards financial stability and a better Life. It is easy to achieve this through the right investment, by living frugally and budgeting. I'm glad I learnt early in life to work hard for financial freedom

[@PhilipDunk]

Even though I engage in investing, I feel disheartened by my lack of expertise in assessing the performance of individual companies and determining the optimal timing for stock purchases. The erosion of my financial reserves due to inflation adds to my concerns. At this point, I require precise market trajectory information, but I find myself unsure about the appropriate course of action.

[@Nernst96]

Considering the prevailing economic climate, I recommend seeking a mentor or a knowledgeable advisor who can provide guidance and support.

[@PatrickLloyd-]

I wholeheartedly concur, which is why I opt to entrust the day-to-day decision-making to an investing coach. With their specialized knowledge and extensive research, it is highly unlikely for them to underperform. Their expertise is centered around harnessing the asymmetrical potential of risks while also employing measures to safeguard against unfavorable outcomes. I have been collaborating with an investment coach for more than two years

[@PhilipDunk]

@@PatrickLloyd- Interesting, I could really use the expertise of this advisors, who's the person guiding you?

[@PatrickLloyd-]

Finding financial advisors like Sophie Lynn Carrabus who can assist you shape your portfolio would be a very creative option. There will be difficult times ahead, and prudent personal money management will be essential to navigating them.

[@Mitchell.Holland]

Watching in my 40s... And only just starting investing I feel so behind!

[@estevez1942]

Gotta start somewhere

[@So.ladylike]

Keep going mate I started at 41... was in 7K debt and living in my overdraft. I'm now debt free have a 15K emergency fund. 20K saving pot and just surpassed ~$100K. My portfolio is roughly half ETFs and half in individual stocks... I am almost 43 now!

[@Otis-the-III]

I lost a lot chasing individual stocks and I feel pretty silly for not understanding how investing works. I have a double major in economics but I’ve been trying to make sense of the market. Well done on profits!

[@JoeCoIIar]

You still have time , keep on dca into your asset of choice.

[@So.ladylike]

Great advice here. I've been in the market for 2 years (and I've done very well) but one rule I follow is that I don't put my money into anything I don't understand... By keeping it simple and leveraging guidance and strategies from a CFA my investments have potentially achieved higher returns. However on average, she takes an agreed %age of earnings, but using her system allows for a more hands-off approach. I conservatively follow *Lina Dineikiene's* recommendations and market entry and exit points, and tbh this makes it possible for me... I am convinced it's not just hard work but smart work:-)

[@cashflow68]

Everything you said was true. Im also an amercian born chinese born in the 1950's. The main thing that my parents taught me was also invest your money like real estate or stocks. Thats one of the ways to become financially free and wealthy. I also preached to my adult kids to invest and dont buy things that doesn't provide any financial value.

[@AliceCeeCPA]

Yes investing is a must! Thanks for watching and hope you're cash flow-ing! ❤

[@eChicken-k6d]

Today's kids are taught to buy experience s..... investment s are for Fools like Warren Buffett 😂😂😂😂😂

[@aprilstiek7430]

“How you do one thing is how you do everything.” Truth!

[@kaydens6964]

not really

[@AliceCeeCPA]

yes!

[@alanwong8307]

Spot on, many Chinese live in a communal system where adult kids don't leave the nest until they marry (allowing them to save for a down payment for their own home while they squat). Once they marry, it is the adult children who buys a home and invite their parents back in to live with them. The parents in turn sell their old house to fund retirement, but the adult children now pays the mortgage and groceries and the older parents are only dipping into their savings for special events & outings. This inter-dependency between the generations can become toxic, as Chinese parents are often entitled to being the "elder" and with it comes no boundaries due to the younger generation having to respect the older generation. It also creates resentment as adult kids feel the extra burden of being supplemental income/support for their aging parents, just because they feel obligated due to their parents raising them.

[@samlau7665]

big family tradition is dead. family is small. Single person family prevails in China. China is Japan 30 years ago. nothing is special for china or chinese people.

[@monishasekar4716]

Same story in India too😢

[@gameplayer1980]

Summed it up nicely. Felt that when I was young. The obligation was already set in stone decades ahead.

[@AliceCeeCPA]

that's exactly how it is, thanks for the comment!

[@nguyenphuongchang3925]

So your point is you disagree with how the tradition is?

[@rwleung98]

I tried to pass along these Chinese traditions to my daughter and grandkids. These traditions made me rich and successful. I have enough money to last my 30 years in retirement. I am living off the interest, so the principle will be passed on to the next generation.

[@LYINKIN]

How did you do it? Please teach me.

[@rwleung98]

@LYINKIN I asked Jesus to come into my heart to be my Lord and Savior. The bible said I can do all things through Christ who strengthens me.

[@AliceCeeCPA]

That's awesome!

[@Ksante-s8m]

no one talk about secret books on nixorus, how much people live in trance lol

[@Shiibai]

they have one of the best book i ever read!

[@drakarionyt]

ty for share

[@stephanndon]

W

[@adamchan881]

I have 4 children and they still living with me. My elder son is now 26 years old and he makes more money than I do and the only bills he pays is the internet because he’s working from home. I hope and pray that he saves lots of money before he moves out and buy his own house.

[@AliceCeeCPA]

Thanks for sharing!

[@virsapiensfortisest922]

Your son is a selfish freeloader that should be helping you with the bills. 🤦🏼‍♀️

[@nguyenphuongchang3925]

@@adamchan881 I have the same situation like you and our love is unconditional

[@Paleface324]

I enjoy reading how people from other culture handle money. It's very enlightening.

[@AliceCeeCPA]

Thanks for watching, glad you enjoyed!

[@CarolineWamucii-gr3ym]

Thank you Alice for sharing. I especially paid attention to the point about parents being extra frugal for themselves so that they can give their children a better financial headstart.

[@AliceCeeCPA]

Yes thanks for watching!

[@lorena92966]

I really appreciate your start with other cultures and their saving rate. I did a study a couple years ago and it was fascinating. We can do so much better as Americans!

[@HDY0903]

Im indian born and raised in the UK. We do the same! I lived at home till 25. But i had 100k in savings and so did my wife. We bought a house in cash. Ever since we have just been saving and putting the money in an index fund. Current projected balance by age 50 is over £1,512,000. And then my 2 kids will also have a house each owned outright. Its easy, anyone can do it if you work, save, invest, and live below your means

[@seyibale]

Alice, I'm from Lagos Nigeria and I find your content quite relatable. Thank you so much!❤

[@lisagee-gray7681]

All of this is so true! I was shaking my head “yes” at everything especially the red envelope money. As kids I remember we would get the red envelope, peek inside and then immediately hand it to our parents to hold. Then the next day it was off to the bank to deposit it.

[@ednaanderson4837]

Excellent advice. My values are similar; work all the overtime hours and save, save, save. Thank you

[@MeadowBlake-x9r]

[@RussellGraham-pz4vw]

Please how ?

[@RussellGraham-pz4vw]

Am a born Christian and sometimes I feel so down 😭 of myself because of low finance but I still believe God😞

[@MeadowBlake-x9r]

$356K monthly is something you should feel differently about....

[@Alvarezdavid-z7e]

Lovely! I enjoyed it like I enjoy a $100k monthly around the turn!!!

[@RussellGraham-pz4vw]

Can I reach her? please share don't want to remain out of ignorance.

[@KishTalksCredit]

I think I maybe Chinese, LOL! Thank you for sharing these great savings tips!

[@KBWFreedomthrurealestate]

I really like this video! I also enjoy investing in multifamily real estate-it offers me so much freedom.

[@jenniferdavis2110]

Awesome.. TY so much .. I’m a Filipina living in NY and we have the same belief.. that’s funny!

[@muritalaakande69]

This is quite interesting, educative and informative. ❤❤❤Kudos

[@zozozozozo687]

I'm Chinese Chinese (grew up in China) & now working in London. While this video is inspirational, but its not a good benchmark for comparison. My parents always saved at least half of their income BUT told me quite frankly its not necessarily possible anymore for my generation. Our parents' generation profited from China's big economic growth. They started school around 1970s (China opening up), started working in 1990s (China's economic growth), and achieved significant wealth accumulation since 2000s (China joining WTO - unprecedented economic growth in history). Meanwhile, living cost in China was very very low. So please don't feel bad if you are not achieving over 40% of savings rate as a "Chinese" because: 1) living cost difference - someone from my parents' could save 80% of their income because they can make 100k GBP a year and only needed 20k to live in China for a whole year with a comfortable lifestyle and 2) selling off any apartment you bought in 2000s with 50k GBP can cash out 1-2 million in late 2010s, and this is what a lot of people did.

[@mdeventchannel5483]

Wow 😲😲

[@royalpitamamma]

Apparently my son is frugal like a Chinese person. He always says because we had so little when he was small. I joke that he went through the Great Depression thrice even though he is only 15. We had rice and vegetables and eggs though. Honestly, he saves everything. Everytime I end up in a jam financially this 15 year old kid comes to save the day. It's embarrassing. That's why I am learning from you.

[@Bonitalife16]

This is so true and that is why I like Chinese people

[@jhunbn2296]

Im Filipino, 42, and still living with my Mom or our home. Even though I can afford to build my own house I see no reason to build it at this time. I keep investing and saving money instead. One day if I see the need to have my own house then maybe that's the time.

[@AliceCeeCPA]

Keep saving and investing!

[@MrRikkiRocket]

That was interesting. Thanks for sharing! With ❤ Rikki.

[@AliceCeeCPA]

Thanks Rikki!

[@TheZeyre]

Sounds a lot like Eastern European culture and any settlers who came to Canada… they lived though wars and the depression… total respect for this way of thinking!🎉🎉🎉🎉thx!

[@anthonynorris1016]

What a great foundation.

[@wildfoodietours]

Spoken like a true Chinese haha. I especially like points 1 and 2. Just doing that will get you far and set you up for a nice future.

[@kh884488]

Wow, great content! I think one important cultural difference between American culture and countries like Korea, Japan and China that inherit a lot of values from Confucianism is some assumptions about how society works. In American cultural values, we have this idea of "equality" -- people ARE equal in terms of their value as persons, but in terms of their genetics and what family they are born into -- two very important factors that are beyond everyone's control, life can be VERY unequal. In contrast, Confucianism does not assume equality. It places great emphasis on how one fits into the social hierarchy - it is clear that there is a hierarchy and that it is not an inherently bad thing. Because of this western and American background, we like to PRETEND that everyone is equal. Which is, of course, ridiculous. Just because the CEO says I can call him/her by his/her first name, does NOT mean we are equals. Similarly, because we like to pretend we are equals, it is hard for Americans to talk with each other about money. As a result, it is hard to learn from others and to improve one's lifestyle. It's kind of like trying to do well in a college class but without having access to a textbook or the course syllabus - success and failure oftentimes come from trial and error or through imitation rather than understanding. Thankfully, these days, social media and podcasts such as "The Money Guy" show and "The Ramsey Show" provide some forum where people can ask questions and get answers. Also, related to history, China, Korea and Japan have had very tumultuous histories in the 20th century and I'm sure many living parents and grandparents now have experienced some extreme hardships and have learned to exercise strong financial self-control. My wife grew up in the shadow of the "Great Leap Forward" in China and had to endure some food shortages that many Americans can't imagine.

[@flipoutnh]

I grew up very poor, and after decades of no longer being poor, I retain some of those frugal habits.

[@AliceCeeCPA]

Me too, lol!

[@yolenedolce9615]

Great video, thanks for sharing 👍

[@patrinajackson4533]

I like your Video Mrs. Alice I always been passionate about Asia culture enjoy the food 🍱 awesome ways Asia saved. And I have traveled to Korean.

[@AliceCeeCPA]

I have travelled to Korea before too! I like it there

[@nt6719]

Good video. While you gave some specific tips, I wish you would have given more. I think much of the savings difference comes from sharing the same house and utilities.

[@deepchill-s2c]

Good Job. Keep up the good work

[@AliceCeeCPA]

Thank you!

[@robertbalian9144]

My wife is Chinese and we have been married for 30 years. I believe all these items to my core. I joke with my wife while I may be caucasian I identify as Chinese. Lol. And yes, believing like this will make you wealthy.

[@brianaspinall1831]

I like that idea, my wife and I can do that when she starts working. The rest we can invest

[@pixmaxim]

very nice talk

[@bryan0359]

I'm glad I was introduced to forex trading and got the best teacher and mentor who helped me understand the financial market I'm grateful to Mrs Liam🙏

[@giselastefan2180]

I am from Miami United State🇺🇸, The difference Mrs Lucy Mary Liam makes in my life is second to none it's definitely a life changing kindness. I really appreciate her effort in my life.

[@emilymccord7063]

I invested $2,000 and the trade in one month making close to $20,000. I wonder where she got her analysis.

[@carlosalberto54754]

I'm from Brazil 🇧🇷 I and two other of my friends tried her immediately we testified her performing wonders.

[@alphonsodavies3596]

Her good strategies of making large amount weekly profits for her clients are totally outstanding. Investing my $1500 with doubt and withdrawing $12,300 with happiness. I ❤️ you Lucy.

[@donnadudley18]

Thanks to my co_worker who suggested Mr Lucy Mary Liam to me

[@petitemmanuel3199]

Beautiful message there Big Sis

[@AliceCeeCPA]

Thank you! ❤

[@phyllisburtonhearsawho]

I like this a lot, keep debt to a minimum. Cut expenses. Develop healthy habits like consistently saving money at regular intervals for investments to help you build wealth. If you work on this, your financial potential will grow exponentially. There are numerous opportunities to make money on the financial market. With the assistance of my financial advisor Susan Kay Mack , I was able to earn my first million dollars through passive investment in a variety of assets and right now my friend is on his way to a million too with her help. Goodluck!

[@AdamsFerguson]

Truly these are the best investment decision you can make both short term and long term for steady money flow. Kudos

[@GregMerchant]

recently started saving for retirement and I don't mind investing a substantial sum, i'd like to know your advisor ?

[@Lamarche1959]

Thanks. Looking forward to working with her.

[@phyllisburtonhearsawho]

Look her up, she’s not hard to find.

[@Clancysoucie]

​@@phyllisburtonhearsawhoshe really seems to knows her stuff. I also found her online page and read through her resume, educational background, qualifications and it was really impressive.

[@TracyKimMusic]

I thought this video would describe where to hide your money: in a coffee can in the back of the pantry, in the fridge or freezer, or in the fireplace that doesn't ever get used.

[@Zizo629]

Speed of construction in North America has a lot to do with the labor laws / union work / safety laws . High rises in nyc can go up lightening fast when managed correctly. I’m not knocking Chinese work ethic, I commend it. But I think it’s a broader conversation than just cultural work ethic.

[@sanjaypatelmd4669]

When I owned my business gross saving rate for me was 90% after tax money…. My father thought me that you decide how much money you want to save and then decide your budget.

[@AliceCeeCPA]

90% is a lot! Yes you decide how much you save, exactly :)

[@lin90210]

Unfortunately people had to go through poverty back then esting what they could forage. Still does hapoen today in rural China. Not everyone moved to the city.

[@supriyadave9518]

I am Indian and i can relate to this video ❤

[@ntokozisomkhwanazi6324]

Wish I had heard this earlier,especially saving at least 50% before I got married. Thank you for the information. From Swaziland

[@Wildbore48]

Is the 40% savings rate in China misleading? When I lived in China for 2.5 years, many Chinese I talked to confirmed the high savings rate, but it was mainly because there are so many informal workers and they don’t have much health or social security benefits. 17% in the US, but everyone covered by social security and Medicare makes up for some if that gap. They have to save in developing Asia just in case something catastrophic happens.

[@AliceCeeCPA]

that's a good point, I never actually lived there so you could be right :)

[@nickjee]

Election is one of those things that could really contribute to portfolio growth and vice versa. I've been going hard with my investments this year and have been able to build up to 180k, Are there tips I could apply to help me grow my portfolio even more during this election season?.

[@emilyclark-m2g]

If you are in cross roads or need sincere advice on the best moves to take now its best you seek an independent advisor who knows about the financial markets. It's better to hire a skilled financial planner especially if you're not one yourself. I hired one, after my retirement pension took a hit in April due to the crash.

[@nickjee]

How can I participate in this?... I sincerely aspire to establish a secure financial future and am eager to participate. Who is the driving force behind your success?

[@emilyclark-m2g]

My CFA ’Gabriel Alberto William a renowned figure in his line of work. I recommend researching his credentials further. he has many years of experience and is a valuable resource for anyone looking to navigate the financial market.

[@nickjee]

Thank you for putting this out, it has rekindled the fire to my goal

[@dr.baobao]

You aren't giving the whole story though. A skyscraper can go up in a month in China because safety regulations for both construction and workers is extremely weak. I absolutely wish things got fixed and built faster in North America but it is misleading to say that China is more efficient and can produce the same quality as North America with many many things. I lived in a China for a while and am married to a mainlander, so we do have that saving mindset, but ask any ML Chinese if they trust build quality or if a new building should be left to "air out" for weeks?

[@cashflow68]

@@dr.baobao I agree. The regulations are less restrictive, material and workmanship are lower.

[@mdeventchannel5483]

Huh???

[@AliceCeeCPA]

yes I forgot to talk about that, very important!

[@milanassimova6678]

I agree fast doesn’t mean always a good quality. We know how people feel when they see some products made in China

[@markbrown5117]

How do you feel about giving gifts over the Christmas Holidays?

[@cashflow68]

@@markbrown5117 I prefer to give a share of stock to both of my grandchildren. Yes, it’s not exactly exciting but I tell & show them they are a tiny owner if the company.

[@AliceCeeCPA]

We do this mostly just for the kids!

[@7SideWays]

Saving 50% when you're young is really high. The military, on base, no car? Yes, did that. At home? Sure. An AT savings rate of 20% is really good on your own, right? Thank you!

[@AliceCeeCPA]

20% is excellent :)

[@ToyaEd.]

Amen 😢😢😢❤❤❤❤😊😊 I would love when you pray for me, going through a rough time at work, and life is heavy on me

[@waterfall6042]

I can do 28%

[@dealman3312]

It’s not far off from how western cultures were not long ago. More similarity than differences. I knew some people who would relish the toilet only ever 4 uses to save water. A bit outlandish

[@aqt12761]

Saving for the future great... but, I know many Asian that don't know when the future have arrived.....lol

[@rzeukzab6258]

ALICE guO😊

[@nickpiuspius]

Praise to God Almighty!!!!'m favoured, $140k every 3weeks! | can now give back to the locals in my community and also support God's work and the church. God bless America🇺🇸❤️❤️❤️❤️❤️

[@Cynthiabekon]

I believe when God blessess it exceeds beyond my expectation. I know my Father in heaven is a generous father who provides the needs of his children感

[@McCarthy8]

I'm 37 and have been looking for ways to be successful, please how??

[@nickpiuspius]

You can message her here 👇👇

[@nickpiuspius]

She will definitely guide you

[@LeroyZane]

Good information thanks

[@Mycescos]

Yeah the Chinese built skyscrapers in a month because they cut corners. Let’s not forget these buildings also collapse in record time.

[@randy74989]

If you have a 401k or 403b available to you where you work, then the minimum investment should be around 10% plus the company match. Then every time you get a raise increase the 10% by 1% and pretty soon you shall be saving a ton of money for retirement.

[@mariaciupac3522]

Exact Same we do in the Russian and Eastern European cultures. Must be the communist countries mentality. Which is great and very helpful mentality and our future.

[@PRAKASH-cm1vo]

Hello sweety You are speaking like Beijing - Mumbai superfast express !!! So it is hard to understand. Anyway good job! Here is a new subscriber from India! NAMASTE 🙏

[@evsamui2633]

Let's not forget China has Credit Score System. Slippery slope.

[@josh3221ify]

I can singlehanddely build a skyscraper using styrofoam in 3 days, Americans can learn a thing or 2 from me about efficiency

[@dfinma]

Sis, you're smart and cute and you don't need a fake face -- eyelashes, eyebrows, makeup, hair color. Don't fall for the bullsh1t beauty standards.

[@tashidelek18]

You mean “red packet” money.

[@frotribe4329]

Hongbao 🧧

[@lizvandermerwe8716]

Medical Aid takes a chunk of my funds.

[@Topblogger7]

Do you know Chinese? Someone told me it's the toughest language of universe

[@walterpeebles295]

people use to save in usa; after nixon took the country off the gold standard which resulted in the arab embargo of oil; then the resulting inflation and continued deficit printing it no longer made any sense to try and save. Prices for everything have risen so much that is why the country will become insolvent along with the so called middle class. Most americans are not ready to live in a house with 25 other people like many asian families do. China is highly indebted at the provincial level and their youths highly unemployed and the ccp spies on its citizens it restricts free speech and internet access and still sends students in the US and other countries. I doubt that the money saved is any solace for lack of freedom.

[@andrea9797mdd]

It's red packet, not pocket... In Mandarin: hong bao In Hokkien: ang pow

[@mikel9366]

Lai see in Cantonese

[@woohoosocal3489]

Zero red tape that why thing get build faster. No need for building inspectors and environmental impact guidelines.

[@evangelon2]

Buy real estate… 😂

[@TXT-vg6yi]

How to be a cheapskate like Chinese 😂