Fashion Idea needs to construct a greater trend future

Chris Halim and Raena Lim. (PHOTO: Style Theory)

Founded in 2016, Singaporean fashion rental platform Style Theory is one of Southeast Asia’s largest circular fashion platforms aiming to reshape women’s relationship with fashion. When Yahoo Life SEA met husband and wife team Chris Halim and Raena Lim, the driving force behind the brand, in their new showroom, Lim shared: “Personally, I feel very motivated to build a better fashion future. I think sustainability is a very big thing for our business and that’s also something that really appeals to me.”

The husband-and-wife team also admitted that starting the company was stressful at first, although they were used to each other’s working styles before Style Theory was born. “We have pretty clear boundaries at work and in personal life, so that helps,” Lim said.

However, the transition from employee to entrepreneur was a big leap. “It is a burden that we were previously employees of a company. Saturdays and Sundays are your own time, after work is like your own time. But when we became entrepreneurs, the two of us couldn’t walk together anymore, so it became a bit of an issue. We didn’t have any vacation for the first two years,” the co-founders shared.

Chris Halim and Raena Lim. (PHOTO: Style Theory)

As a rental platform for clothing and designer bags, the brand offers curated women’s pieces from its inventory on a monthly membership basis.

As stated on Style Theory’s website, hiring from the Circular Fashion platform for your next outfit means you no longer have to suffer from “worn-this-once” regrets or environmental guilt.

For most business owners, expanding during the COVID-19 pandemic is something that not many are interested in. For Style Theory, however, the brand had expanded the program to Hong Kong in the last year and has seen great success with its consumer base there. To quench our curiosity, we asked Halim why they chose Hong Kong for the latest expansion?

The story goes on

“For us, we saw that Singapore was a great success. It is the first market for our rental business and when we think about the next market we are trying to find similar and maybe even better markets than Singapore. In a way, if we look at Hong Kong, it’s a very similar market. People live in small houses, love fashion and live sustainability. These are great qualities to have in our business. Additionally, for our type of business, to a country or city where I would say the majority of women work, I think that usually suits us well too,” Halim said.

In 2022, Style Theory plans to expand its clothing rental business to Hong Kong and set up a warehouse there to facilitate and improve customer service for the brand.

Comparing Style Theory’s target markets, Lim shared that Hong Kong customers are trendier, while Singapore customers prefer casual looks and her Indonesian customers are more conservative in their style. “So if we source collections and stuff from the same designer, we might choose different things just for different markets.”

When it comes to designer bags, Lim found that high-end brands like Chanel and Louis Vuitton still have a strong following, while customers are more inclined to try indie brands when it comes to apparel. Lim, who hails from over 20 countries, shared that they’ve had inquiries from their members about certain indie brands like N12H, which are “really interesting moments where we see how different people’s perceptions of what they are.” choose between clothes and bags.”

Style Theory’s business model, supported by investors such as Softbank in both rental and resale businesses, has allowed the brand to excel not only in execution but also financially. “All of our inventory is provided by customers, so in that sense we are very well funded for our business. That will allow us to also be very, very lean and agile,” Lim added.

If you’re framing your New Year’s wardrobe by Marie Kondo and reducing your shopping intent, Style Theory 2022 could be the answer for you.

Landmark Victorian-Model Home Torn Down To Construct New Properties

ARLINGTON, VA – A large Victorian house on Washington Blvd., where the first chairman of the Arlington County Board once lived, was demolished earlier this month to make way for new homes to be built on the site.

The Fellows-McGrath House, built in 1889, was formerly the residence of Harry Andrew Fellows, who was Mayor of Falls Church and who became the first chairman of the newly formed Arlington County Board in 1932. The house, 6404 Washington Blvd., later became a bed and breakfast known as the Memory House.

With land large enough to build two new homes, the Fellows McGrath home buyer likely got a bargain when they paid just over $ 1 million for the home.

The land that is currently being assessed is set to become the site for two new homes. With Arlington being the hottest housing market in Northern Virginia, the new homes could easily sell for $ 2-3 million each.

Conservation Arlington is tracking demolition permits and by late September the group found that more than 15 other homes on individual lots in Arlington had sold for more than $ 1 million in 2021 and then demolished. However, the Fellows-McGrath House was on a double lot, as were several other homes in 2021 that sold for over $ 1 million.

Many Arlington residents and heritage officials had hoped the county would do more to save the Fellows McGrath House.

Arlington County approved approved land disruptive activity for the Fellows McGrath house in August and approved a demolition permit in September. The house was demolished on December 6th.

Arlington County approved land disruption activity permit for the Fellows McGrath house in August and approved a demolition permit in September. The house was demolished on December 6th. (Mark Hand / Patch)

“I wish the county were more willing to invest in saving historic homes as they have in the past,” said Charlie Clark, columnist for Falls Church News-Press, who also chairs the Arlington Historical SocietyThe Preservation Committee said in an email to Patch. “But elected officials still feel burned by what they ultimately saw as the lavish 2001 Reeves Farmhouse purchase.”

After purchasing the Reeves Farmhouse 20 years ago, Arlington officials could not find adequate use for it.

“While activists cannot completely override the laws of market supply and demand, conservationists, both county and volunteer workers such as the Arlington Historical Society and Arlington Preservation, can monitor developments and raise early warning signals when important property is threatened.” said Clark, whose new book “Lost Arlington County, “offers readers a glimpse of the businesses, homes, and amusements that have come and gone in Arlington as the county became a vibrant suburb of the country’s capital in the 1900s.

After eight months in the market, the Fellows-McGrath home was sold to FNM Investments LLC in February for $ 1,088,295, according to Arlington County’s real estate records.

Manassas’ agent Masum Kahn, who owns FNM Investments, bought the house building modern homes, Clark reported in a column for the Falls Church News-Press.

Demolish the house “would be a pityClark wrote.

“The green and red house (3,221 square feet, with built-in china cabinets) is not just a landmark, it was the home of the only man who was executive director for both Falls Church and Arlington County for 43 years,” he wrote.

Harry Andrew Fellows bought the house in 1900 with his wife Alice. Harry died in 1943 while Alice died in 1971 at the age of 105, according to Clark. The house was then bought by John and Marlys McGrath.

“Most builders (most Arlington people, in fact) aren’t that interested in history,” Clark said in his email to Patch. “So the trick is to network and find the right buyers and contractors, while maybe educating to change some minds along the way.”

Ford, battery provider to spend $11.Four billion to construct new U.S. vegetation

DETROIT – Ford engine and battery supplier SK Innovation plan to invest more than $ 11.4 billion in new U.S. facilities that will create nearly 11,000 jobs for the production of electric vehicles and batteries.

Ford is building as part of a joint venture with the South Korean company SK. two lithium-ion battery plants in central Kentucky called BlueOvalSK as well as a huge 3,600-acre campus in west Tennessee, the automaker said Monday night. The campus will include another battery plant built with SK, along with a supplier park, recycling center and a new F-series electric truck assembly plant, Ford CEO Jim Farley told CNBC.

The plans are the latest from Ford to increase the development and production of electric vehicles – including batteries – under Farley, who started running the automaker this week a year ago. They also support President Joe Biden’s call to put onshore supply chains in the midst of a company global shortage of semiconductor chips that has turned several industries, including the automotive industry, on their heads.

A battery manufacturing complex that US automaker Ford Motor Co and its South Korean battery partner SK Innovation plan to build in Kentucky and open in 2025 can be seen in an artist version that was released on September 27, 2021.

Ford Motor Co | Handout | via Reuters

The investment is part of Farley’s “Ford +” turnaround plan to make the automaker’s traditional operations more profitable and better position it for emerging sectors such as autonomous, electric and connected vehicles.

“This is the new Ford,” Farley told CNBC during a telephone interview. “It’s time. We’re shoveling in the ground, 11,000 new workers. … It’s a tremendous commitment to build these digital products.”

Ford doesn’t expect to borrow additional debt to fund the plans, Farley said. He said the steps will be funded from the company’s profits.

Read more about electric vehicles from CNBC Pro

The new investment comes in addition to the $ 30 billion The company previously said it would go into electric vehicles by 2025, approximately $ 7 billion of which had already been invested before February.

Production at the plants, apart from one of the battery plants in Kentucky, is slated to begin in 2025, the company said. According to Ford, the second battery plant in Kentucky will go online in 2026.

“Decisive moment”

The “new Ford” is a drastic pivot from Farley’s predecessor Jim Hackett, who had previously told the automaker saw “no advantage” in the production of your own battery cells. It comes as Ford’s Crosstown rival General Motors Spends $ 4.6 billion through a joint venture with LG Chem for battery production from 2023.

Farley said the investment should be further evidence that Ford, believed by many on Wall Street to be lagging behind in electric vehicles, is positioned as the leader in the segment. “I don’t know of any other company that has made this announcement. Why would you ever think that we are behind? We’re up front, ”said Farley.

Ford’s shares have more than doubled since Farley became the automaker’s CEO almost a year ago.

Approximately $ 5.6 billion of Ford’s investment in SK will go to a new campus called Blue Oval City in Stanton, Tennessee, and $ 5.8 billion for the two factories in Glendale, Kentucky. Ford will cover approximately $ 7 billion of the $ 11.4 billion, according to Lisa Drake, Ford’s chief operating officer for North America.

“This is a really crucial moment for us and our country today,” Drake told reporters during a phone call. “We announce the largest single investment in new manufacturing facilities in Ford’s 118-year history.”

The three new plants for BlueOvalSK will give Ford 129 gigawatt hours of US production capacity per year – enough to power 1 million electric vehicles annually, Ford Icials said. That’s more than half of the EV production capacity Ford is expected to have worldwide by 2030.

“This is truly an overwhelming project that underscores Ford’s ambition for the fast growing US electric vehicle industry,” said Yoosuk Kim, global marketing director for SK Innovation, during a call.

New F series is coming

Ford expects the new vehicle manufacturing facility in Tennessee to be carbon neutral once fully operational, including zero-waste processes through to landfill.

Farley said the plant will build new F-series electric pickups. He added that, unlike the pickups, the next generation pickups will be designed solely as electric vehicles upcoming F-150 Lightning which is based on the traditional internal combustion engine pickup.

Ford has started pre-production of its F-150 Lightning electric pickup truck at a new facility in Dearborn, Michigan.

Michael Wayland | CNBC

“We will build an all-electric, bottom-up, optimized product platform at this facility. It will be the largest facility in our company’s history,” said Farley. “We’re going to be building a lot of fantastic F-Series electric vehicles there. We’re not going to say exactly what type it is.”

Farley said that with this announcement, the company is “reinventing what a pickup truck would be,” including the pallet. Drake said Ford expects a third of the full-size pickups sold in the US will be fully electric by 2030.

Ford’s current F-Series includes the F-150 and larger versions of the full-size truck, as well as medium-duty trucks and chassis for commercial buyers.

Farley and Drake compared the importance of the new EV plants to the mass production of the Model T by company founder Henry Ford, which made vehicles more affordable and accessible to the general public.

Ford previously said it expects at least 40% of its global sales will be electric vehicles by the end of this decade. The goal was announced before the Biden administration set a goal last month for half of all new car sales should be electric vehicles by 2030, including plug-in hybrid models

In addition to manufacturing facilities, Ford plans to invest $ 525 million over the next five years, including $ 90 million in a pilot program in Texas to train skilled technicians to service electric vehicles.

“This is just the beginning of our drive to lead America in sustainable transportation for the next century,” said Drake. “This investment propels us forward to lead the electric revolution.”

The Mustang Mach-E is Ford’s first new fully electric vehicle with a $ 11 billion investment plan in electrified vehicles by 2022.

Michael Wayland | CNBC

These cash and investing suggestions may also help you construct a portfolio for all seasons

Don’t Miss Out On These Top Money And Investment Features:

Sign up here to get the best mutual funds and ETF stories from MarketWatch emailed to you weekly!

INVEST NEWS & TRENDS
Why a share buyback tax could actually boost stock prices

Companies often use capital to buy back overpriced stocks, which affects profits. Continue reading

How the new and higher taxes Biden and Congress are pushing would hurt stock investors and consumers

Corporations pass tax increases on to customers, while increases in capital gains tax penalize long-term shareholders. Continue reading

These stock trading signs can tell you when the market is overbought or oversold

RSI and MACD review given recent US market weakness. Continue reading

Put a “collar” around your stocks to protect yourself from a market correction

An option strategy that uses something called a collar can give you protection against loss for a small price. Continue reading

The most accurate stock market predictor was released this week. The next 10 years don’t look good

A Federal Reserve report showed that Americans have a high allocation to stocks, which is a contrary indicator that suggests poor returns are ahead. Continue reading

Market analysts cannot agree on where stocks go next. So check the data before buying or selling

Expectations and hunches do not belong in a wise investment strategy. Continue reading

In 2017 I wrote that US stocks were not overpriced. That’s still true.

Why the 10-year outlook is much more attractive for stocks than for bonds. Continue reading

If the stock market pulls back, keep buying – these five companies in particular

The mood has become too bearish. Look at stocks from Microsoft, ConocoPhillips, and Yum China. Continue reading

Buy the dip is a terrible stock market strategy – and these charts prove it

Market downturns, especially major downturns, are rare. Continue reading

Which asset is the perfect protection against inflation?

The answer depends on what exactly you mean by “inflation hedge”. Continue reading

That’s why this super successful growth investor no longer owns any Tesla shares

Dennis Lynch, Head of Counterpoint Global, Morgan Stanley Investment Management, points to the unified economy. Continue reading

Nancy Davis wants to be the “vanguard of convexity” when she launches a new low-cost fixed income ETF

Every week we bring you the latest news on exchange-traded funds, from new issues to inflows and performance. Continue reading

These stocks are in the bear market area, but Wall Street expects them to rise as much as 68%

More than 100 large-cap stocks are at least 20% below their 52-week highs. But analysts love Micron Technology, Activision Blizzard, and JD.com, among others. Continue reading

3 dividend-paying stocks that have been rated ‘A’ for security reasons

The last thing an investor wants is a company cutting its dividend. Continue reading

Engine # 1 says his new representation on the ExxonMobil board of directors has already scored a victory

Exxon has scaled back new long-term production targets, says Engine No. Continue reading

Solar power and water scarcity can determine our future, but that doesn’t make them good investments

Financial advisors provide tips on smart ESG investment strategies. Continue reading

3 Questions To Ask Your Financial Advisor If You Are Serious About Sustainable Investing

“If you just choose one fund by name, anyone can do it.” Continue reading

Closing Edge 95 construct for the Dev channel brings Home windows 11-style visuals and extra

Windows 11 style visuals in Edge Canary

Microsoft today released the final Edge 95 build for the Dev Channel which is making version 95.0.1020.0 available to users. The reason this is the final build for version 95 for the dev channel is because Edge is now following a shortened release schedule, with major version releases now happening every four weeks. This is the build that is now expected to transition to beta channel users as the company prepares to move to the next major release.

As for today’s build, there are a couple of major improvements. First of all, Edge now Windows 11-style design by default, with rounded corners and other updated design elements. In Windows 11, the browser also supports translucent items in the title bar and context menus. So far, these functions have been hidden under an experimental flag. It must be noted, however, that the new design is still in the works, so there may be rough edges and inconsistencies.

The second big improvement is in support for View recovery of PDFs on Edge. With this feature, users can pick up PDFs where they left them, which means that Edge now remembers the page number, zoom status and layout of the document, easily reads long PDF files and presents the reader in the browser as a useful alternative to others Apps. For those who need it, there is an option to disable the feature. The feature is shipped to all Edge 95 users.

Other enhancements made with today’s build include the ability to use a pen to annotate screenshots taken using the built-in web capture tool, support for opening local files in the iOS version of the browser, and adding some new administrative policies.

Here is the full list of new features:

  • Functions activated by default:
  • Administrative guidelines (note that documentation and administrative templates may not have been updated yet):
    • A policy has been added to control whether intranet file links are enabled, which controls whether File: URLs on intranet pages open File Explorer.
    • Support for Chromium Policy Enabled to control whether Cross Origin Web Assembly Module Sharing is enabled.
    • Chromium Policy Support Enabled to control whether the display capture permission policy is enabled.
  • Improved support for opening local files in the browser on iOS.

As usual, there are a number of bug fixes that make it into the browser. Here are the changes that will improve the reliability of the browser:

  • A crash when using the password generator has been fixed.
  • A crash when using the web widget has been fixed.
  • Fixed a crash when navigating an IE mode tab.
  • Fixed a crash when using tab groups.
  • A crash when interacting with info bars has been fixed.
  • Fixed a crash when closing an autofill popup.
  • Cell phone, mobile phone:
    • Fixed a crash on startup.
    • Fixed a crash when changing the device orientation.
    • A crash when logging into the browser has been fixed.
    • A crash on older iOS versions has been fixed.
  • Fixed an issue on Mac where checking for updates in Settings would sometimes crash Settings.
  • Fixed an issue where certain applications installed on the device would cause all tabs to crash as soon as they were opened.
  • A hang when opening Internet Explorer has been fixed.
  • Fixed getting stuck when closing the browser.

And here are the fixes aimed at addressing the changed behavior:

  • Fixed an issue with certain Linux flavors where the browser would not open.
  • Fixed another issue where users would be logged out of the browser after refreshing the browser.
  • Fixed a problem where the video volume was sometimes set to max.
  • Fixed an issue where favorites could sometimes not be clicked.
  • Fixed an issue where importing certain data from other browsers would fail.
  • Fixed an issue where Travel Finder wasn’t showing when it should.
  • Fixed an issue where travel recommendations would not appear in places they should.
  • Fixed an issue where the Define card would sometimes not go away when it should.
  • Fixed an issue where certain banner UI could not interact or be closed.
  • Fixed an issue where the link to test the HTTP version of a webpage on the error page that appears when the HTTPS version of the page is not available does not actually attempt to navigate to the HTTP version of the website.
  • Fixed an issue where PDF titles were garbled as shown in the browser tab.
  • Fixed an issue where pinned websites would sometimes be resolved after refreshing the browser.
  • Fixed an issue with older versions of Windows where browser installation would fail.
  • Fixed an issue where free text annotations in PDFs would not work at the edges of the page.
  • Fixed an issue where download notifications would sometimes not appear in pop-up windows.
  • Fixed an issue where Jump List Actions are missing from PWAs or websites installed as apps on Windows 11.
  • Cell phone, mobile phone:
    • Fixed an issue where InPrivate sometimes couldn’t be used.
    • Fixed an issue where the login screen would get stuck while logging in to the browser.
    • Fixed an issue on Android where menus would sometimes not work when sharing another app with the browser.
    • Fixed an issue where passwords cannot be edited or deleted because nothing works on the Password Settings page.
    • Fixed an issue where rewards would not work.
    • Fixed an issue where the button to go to the Immersive Reader would sometimes not be visible when it should.
  • Developer:
    • Fixed an issue in WebView2 applications where certain resources were left out when the application was published (Issue 730, Edition 1061).
    • Fixed an issue creating WebView2 apps that contain XAML islands (Edition 1716).
  • The administrative policy to control whether Internet Explorer integration tests are allowed has been deprecated.

Finally, there are a number of known issues that users should be aware of that the company will always list on these release notes. Here is the full list:

  • YouTube users may experience playback errors with certain ad blocking extensions. As a workaround, temporarily disabling the extension should allow playback to continue. See this help article for more details.
  • Some users still experience an issue where all tabs and extensions immediately crash with a STATUS_INVALID_IMAGE_HASH error. The most common cause of this error is out of date security or antivirus software from a vendor such as Symantec. In these cases this will be resolved by updating this software.
  • Kaspersky Internet Suite users who have installed the associated extension may sometimes find that websites such as Gmail cannot be loaded. This error is due to the fact that the main Kaspersky software is out of date, so it is resolved by making sure that the latest version is installed.
  • Some users still see favorites being duplicated. This issue should be reduced now that automatic deduplication has been introduced in Insider channels, but we’re still running it in stable. We have also seen duplication occur when the manual deduplicator is run on multiple computers before one of the computers has a chance to fully sync its changes.
  • Some users see “jiggling” behavior when scrolling with trackpad gestures or touchscreens, with scrolling in one dimension also causing the page to scroll subtly back and forth in the other. Note that this only affects certain websites and appears to be worse on certain devices. This is most likely related to our ongoing work to bring scrolling back to Edge Legacy behavior. So, if this behavior is undesirable, you can turn it off temporarily by turning off the edge: // flags / # edge-experimental-scrolling flag.

As always with these builds, they will be released in stages. While not all users will see the update, it should be rolled out to all development channel users sooner rather than later. Additionally, with today’s build released, both the Dev and Canary versions are now on the same version.

The Mys Tyler App Helps You Get Outfit and Type Inspo From Ladies With a Related Construct, Then Store Their Appears to be like

Have you ever bought an item of clothing based on a photo of a model only to find that it just doesn’t fit you? It’s hard to guess whether something looks good on you or not based on how it looks on another body, especially if it’s shaped differently than yours. Mys Tyler – a new online shopping and body positivity app – wants to change that.

“Until now, women had to imagine what clothes would look like themselves only to try them on with a shockingly low success rate,” says founder and CEO Sarah Neill in a statement.

She was living in New York when she came up with the idea for Mys Tyler in 2014. Last year she quit her job and returned to Sydney to finally launch the app with the aim of helping women make informed shopping decisions and create an inclusive fashion community. The app has already been downloaded over 83,000 times in 100 countries.

It works by connecting users with women of similar size, fit, proportions, and overall appearance so that they can be inspired by the style and purchase the same flattering items for themselves.

A body quiz asks for personal details like height, age, typical dress and bra size, and even skin tone, and a fit algorithm uses the data to compare you to others who share your characteristics and physique.

You can then “follow” women whose style you like and enjoy a personalized feed of outfit suggestions from women who look like you. Use it for simple inspiration – “maybe I should try flowing dresses too” – or to buy the exact same piece thanks to a direct buy feature that connects you directly to stores and retailers.

You can also sign up as a contributor, post outfits with captions, part information and styling tips, and links to individual items that are still available online – and you can even earn commissions on your suggestions.

“There are millions of women around the world who look like you, love to shop, and know what clothes are best for your body,” says Neill. “We’ll help you find it.”

Research shows that 91 percent of women order the clothes online, are dissatisfied with the fit of their purchases and round Third of online purchases be returned (poor fit is the main culprit).

While Mys Tyler’s main concerns are body positivity, self-confidence, and inclusivity, it also helps the environment by minimizing the waste and carbon footprint that comes with all of these returns.

Mys Tyler is available on the Appstore and Google play.

mys-tyler.com

The place can you discover the cash to construct a secure, predictable retirement? | Enterprise

“You will likely be retired a lot longer than you think. A recent study suggests that 50% of those born now will live to be over 100 years old. ”- Lyle Boss

How long do you think you will live Do you think you’ll live until your late 70s? Are you confident that you will follow the path of your parents, who were in the mid to late 80s?

The average joint life expectancy (men and women together) is around 88 years for over 49% of the population. A whopping 20% ​​of Americans live to be 95!

Depending on your unique perspective, this is either good news or bad news. It is good because many people want to live as long as possible provided they are physically and mentally healthy. However, living long life can be bad news if you risk surviving your money in retirement.

It should also be noted that these numbers are average values. There are many exceptions to the rule, especially if you have excellent genes, have tried to stay fit and healthy, and managed stress properly. More and more people are hitting three-digit numbers, and you could very well be one of them.

Longevity is an option. Hence, creating a portfolio that will help you maintain your current standard of living in retirement over 30 years is a challenge. Having less money in retirement is a problem for retirees and early retirees. Almost all seniors know someone who beat the odds and lived longer than planned.

Many retirees and early retirees had someone in their own families who went through hardship and deprivation because they ran out of many at a time when they needed it most.

The logical solution to not having enough cash to retire is to start earlier and save more. However, this is not always easy. Many people barely get by and do not have a lot of free money to earn a retirement income. You could fall into this category and worry about running out of money to build a retirement account.

How do you find money to finance a retirement plan?

Developing a mindset about saving and planning income is valuable at any age.

Understandably, you may be on a tight budget due to your professional career. Or, you have family, medical, or debt problems that make saving difficult.

Fortunately, there are a few ways you can free up cash or find the money you never knew you would need to fund a retirement plan. Here are three things you can do right now to free up cash for retirement.

1. Debt rescheduling. Look at all of your debts, including student loans and consumer debt. Maybe you can negotiate lower interest rates or pay off debts more slowly. For example, instead of paying more than the minimum amount on a debt, take that money and put on something like a dividend life insurance policy, retirement plan (depending on age), or dividend stocks. If you pay off your debts TOO quickly, you lose the opportunity to multiply that money.

2. IRA or 401 (k). Use every advantage to contribute the maximum amount of money allowed. As you get older, start moving a higher percentage into assets that are less volatile, such as annuities. Ask your financial professional and tax advisor if you could transfer your 401 (k) funds to a self-directed IRA and purchase an income pension. Always keep this in mind with the bigger picture in mind, make sure you seek licensed and authorized professional consultants.

3. Live a simpler lifestyle. If your car, large appliances, and other important items last longer, they can cost you thousands of dollars to help finance your life after your career. Eat out less, never pay full retail, and look for every bargain you can find.

Regardless of your current financial situation, you can and should save money for a time when you are no longer receiving a paycheck. Starting early and being consistent, along with making small lifestyle changes, will help you avoid common mistakes and achieve a better lifestyle in retirement.

Here is a word to the wise. Before making any decisions about where and how to invest your retirement benefits, always consult a licensed and authorized professional.

Lyle Boss is a member of Syndicated Columnists, a national organization that advocates a fully transparent approach to money management. Contact him at 801-475-9400 or safemoneylyleboss.com.

Vivid Cash raises $73 million to construct a European monetary tremendous app – TechCrunch

German startup Living money has initiated a new Series B financing round of USD 73 million (EUR 60 million) led by Greenoaks, in which the existing investor Ribbit Capital also participates. As of today’s financing round, Vivid Money is valued at USD 436 million (EUR 360 million).

Vivid Money could be viewed as a Revolut competitor designed specifically for the Eurozone. Built on Solarisbank You can send, receive, spend, invest and save money in different ways for the banking infrastructure.

When you create an account, you will receive a German IBAN that begins with DE and a metal card. There are no card details on the card itself – everything is available in the app instead. As with other fintech startups, Vivid Money lets you control your card through the app – you can block and unblock it, add it to Google Pay and Apple Pay, etc.

After that, you can fund your account and hold dozens of different currencies. If you pay with your card abroad, a small surcharge will be added to the current exchange rate at the start. You should get a better exchange rate than a normal bank.

In addition to this fairly standard feature set, Vivid Money offers fractional stock trading. You can invest in stocks and ETFs and there is no commission. You can also buy, hold and share cryptocurrencies via the app. The startup has entered into a partnership with CM Equity AG for these functions.

The company also has one Cashback program and a premium subscription for € 9.90 per month. Paid users get higher limits on free cash withdrawals, the ability to create a virtual card, support for additional currencies, and better cashback rewards.

Finally, users can create sub-accounts called pockets. You can move money from one pocket to another and put other users in your pockets. Each bag has its own IBAN, which means that you can pay certain bills with a separate bag. You can also assign your card to a specific bag for upcoming purchases.

Vivid Money managed to add a ton of features in no time. It has a lot of money in its bank account now. Now let’s see if it can attract a significant user base to compete with other established European fintech players.

Neighborhood Youth Companies elevating cash to construct larger campus

ARDMORE, Okla. (KXII) – Southern Oklahoma Community Youth Services (formerly known as Community Children’s Shelter) launched a fundraiser on April 8th to raise funds for their new campus. The two largest services of the non-profit association offer children who have no home a place to sleep and eat, as well as psychosocial services.

General Manager Kaylyn Weldon Gary said the nonprofit needed more space because it had to turn away homeless children in the current building.

“That means we are going through a pretty difficult time raising these funds,” said Weldon Gary. “But we are very excited because the new campus will allow us to provide emergency shelter or residential emergency accommodation for up to 22 children. We are currently full at ten o’clock.”

Community youth welfare has looked after around 130 children each year for the past five years.

They hope to raise five hundred thousand dollars for the new building. You bought land behind the Hardy Murphy Coliseum in Ardmore and want to break new ground in the fall.

Donate to the capital fund here.

Copyright 2021 KXII. All rights reserved.

NFL participant LeSean McCoy desires to construct an actual property empire

LeSean McCoy (25) of the Buccaneers plays the ball during the regular season game between the Minnesota Vikings and the Tampa Bay Buccaneers on December 13, 2020 at Raymond James Stadium in Tampa, Florida.

Cliff Welch | Icon Sportswire | Getty Images

LeSean McCoy admitted that early in his career he had no idea how to handle finances. McCoy didn’t know how to make money on his big NFL paychecks, and saving up wasn’t an option either.

“Now that I’m in my twelfth year in the league and looking at all the investments I’ve made from good to bad, I’ve learned,” McCoy told CNBC.

It’s National Financial Literacy Month, and McCoy says he’s more motivated to “generate finance not just for myself but for my family as well.”

Months after his second Super Bowl ring when McCoy was on the Tampa Bay Buccaneers roster, the 32-year-old player takes advantage of off-season downtime to complete property developments. McCoy and his brother LeRon run a real estate company Vice capital. After McCoy’s game days are almost over, he is taking advantage of the real estate investment route to continue building wealth after the NFL.

“We’re still getting started, but that’s the main goal,” said LeSean. He added that another mission is to help NFL players “learn how to make other money than just play football”.

Use the opportunity zones

Vice Capital invests in distressed real estate in low-income communities and renovates buildings to create new residential units and commercial space.

Use the McCoy brothers Opportunity zones to develop some properties. The territories were created under the Federal Tax Cuts and Jobs Act of 2017 and offer developers tax incentives for capital gains. They are designed to direct investment in underdeveloped neighborhoods and help increase neighborhood values ​​without triggering rents that would drive residents out of the rebuilt communities.

LeSean’s brother told him about the zones in 2017. However, LeSean said he was skeptical when he learned that the laws were passed under the administration of President Donald Trump. “Who is this really for?” he asked his brother.

Before it became official, the legislation was supported by US Senators such as Sen. Cory Booker (D-NJ) and Sen. Tim Scott (R-SC). After examining the legislation and determining the tax exemptions, LeSean found it to be a “win-win” situation.

“On the flip side, as a humanitarian worker, you can influence certain communities in need of this change,” added LeRon. “These are usually inner-city areas.”

Former NBA player David Robinson also uses Opportunity zones for development.

The McCoy brothers own 60 properties, some of which are operated under Vice, including buildings in Hometown of Harrisburg, Pennsylvania and Philadelphia, where he played six seasons with the Eagles.

“We want to build this empire in real estate,” said LeSean.

LeSean McCoy and his family (Brother LeRon is right).

Source: EAG Sports Management

All about trust

LeRon played in the NFL for the 2005 season with the Arizona Cardinals. LeSean was playing 12 seasons, was selected to six Pro Bowls and was a member of the Kansas City Chiefs team that won Super Bowl LIV. According to LeSean, LeSean made $ 63 million in his career Spotrac.

LeSean asked his brother to help run Vice, which he launched in 2018, while maintaining his NFL career.

“The hard part for the players is trust,” said LeSean. “My brother is a guy I trust like no other, that’s probably why it works so well with real estate. He’s always teaching me.”

During Covid-19, LeSean trusted LeRon to handle the losses it had incurred as construction ceased and residents of the units were on eviction protection. LeRon didn’t release financial data to CNBC, but said Vice’s losses were less than $ 2 million.

“We’re brothers, but he would fire me,” joked LeRon. “The biggest loss I can see is not the dollars, but the opportunity.”

Prior to the pandemic, LeRon said Vice Capital was in negotiations to buy a property near La Salle University in Philadelphia’s Germantown neighborhood. The property’s value fell, but when Covid-19 drove property prices soaring, the owner took it off the market and quoted it at twice the previous price, leaving it out of Vice’s reach.

LeRon said the pandemic “weighed on things” as materials like wood soared and construction costs soared. “But I would also say it will increase the seller’s market,” he added. “Interest rates are cheap and everyone wants to buy.”

Here LeSean trusts his brother again. LeSean advocates selling some properties with high prices in a glowing real estate market. LeRon is against the idea.

“Sometimes we agree, sometimes we don’t,” added LeSean. “But the good thing about our bond is that I can trust him with business.”

However, the McCoy brothers cannot unload the Opportunity Zone properties. Investors receive tax breaks on their capital gains if they keep their money in a selected municipality for at least 10 years.

LeSean McCoy (25) walks the field during Tampa Bay Buccaneers Training Camp on September 3, 2020 at Raymond James Stadium in Tampa, Florida.

Cliff Welch | Icon Sportswire | Getty Images

What’s next on the field?

Though LeSean relies on his brother for business advice, he still has to choose his career as the 2021 season approaches. LeSean says he wants to play but wasn’t sure about a team’s interest.

“There are some teams that I probably won’t play for,” he said. “Hopefully other teams can come to an agreement on some things. That has to make sense.”

LeSean recapitulated its 2020 season and said it was “a great experience” playing with Bucs quarterback Tom Brady.

“All the trip to see him and play with him … I played him when I was playing in Philadelphia (Brady was with New England then). He was like a drill sergeant, and then I actually did Played with him, I could see He’s so intense and smart, “LeSean said. “I’ve never played with a quarterback like that where he’s 43. It was cool to see.”

With retirement near, LeSean said he has options and real estate is the main game. When asked about stocks or investments in Bitcoin, LeSean said he had tried the investments but was no longer interested.

“My thing is real estate,” said LeSean. “That’s something I understand. I don’t have to take someone else’s word for it and the ups and downs – it’s just a lot. With real estate, I can see what’s going on; I can see my money, touch it, and feel it it.”