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☆ I spent 18 months and $34,000 traveling the world but was burnt out and unhappy—this was my No. 1 mistake
▼ + stars: | 2024-05-07 | by ( Helen Zhao | ) www.cnbc.com time to read: +4 min

Looking to heal my burnout and find happiness beyond work, I spent a year and a half — and $34,000 — exploring South America and Asia. That's when I realized I'd made a huge mistake: I had changed my circumstances, but not my state of mind. But my burnout gave me the clarity I needed to slash my sabbatical bucket list in half, to focus on quality over quantity. I accepted that I'd continue traveling later if I wanted to, even if it meant less time to pursue professional goals. I gave up trying to work and make money while travelingIn my first few months traveling, I frequently stayed up late to formulate and pitch freelance story ideas.

Persons: I'd, Helen Zhao I, Chiang Mai Organizations: Starbucks Locations: South America, Asia, Patagonia, Thailand, Island, Korea, Japan, Tokyo, Pai , Thailand, Cartagena, Colombia

☆ A woman who quit her job to travel says she regrets not saving enough for a house or retirement
▼ + stars: | 2024-02-15 | by ( Marielle Descalsota | ) www.businessinsider.com time to read: +2 min

Helen Zhao quit her dream job and spent $34,000 of her life savings to travel. In a CNBC article, Zhao wrote that she wishes she had continued saving while traveling. AdvertisementA woman who quit her dream job to travel says she regrets not saving enough money for a house or retirement. In an article for CNBC, Helen Zhao wrote that she quit her dream job as a video producer at the news outlet in 2022, after working there for four years. Zhao wrote that she traveled to 18 countries in Asia and South America over the course of a year and a half, on a budget of $34,000.

Persons: Helen Zhao, Zhao, —, I'm Organizations: CNBC, Service, International Trade Administration Locations: Asia, South America, Los Angeles, Europe

☆ I quit my dream job at 32 and spent $34,000 to travel the world—here are my 4 biggest regrets
▼ + stars: | 2024-02-09 | by ( Helen Zhao | ) www.cnbc.com time to read: +4 min

I was 28 years old when I landed my dream video producer job at CNBC. After all, I'd spent most of my adult life focused on the future. So I quit my job at 32, bought a one-way ticket to Peru, and spent a year and a half — and $34,000 — exploring 18 countries across South America and Asia. I spent a lot of my life savings, delaying other goalsThe $34,000 I spent on my sabbatical was a significant portion of my life savings. Siem Reap, Cambodia Helen ZhaoI wish I'd continued investing throughout my travels, putting $200 each month into a large-cap index fund.

Persons: I'd, Helen Zhao, I'm, Roth, Cambodia Helen Zhao Organizations: CNBC, UCLA, Roth IRA Locations: Peru, South America, Asia, Rio De Janeiro, Buenos Aires, Argentina, Brazil, Rio, Bogotá, Colombia, Los Angeles, Siem Reap, Cambodia

☆ Chinese rush to buy Hong Kong insurance, dollars as confidence cracks, yuan weakens
▼ + stars: | 2023-07-06 | by ( ) www.reuters.com time to read: +5 min

SHANGHAI/HONG KONG, July 6 (Reuters) - Chinese investors are rushing offshore to make dollar deposits and buy Hong Kong insurance in a signal domestic confidence is languishing and that the ailing yuan faces more pressure. New premiums collected on Hong Kong insurance policies leapt a staggering 2,686% to $9.6 billion in the first quarter of 2023. "The burst of insurance buying in Hong Kong reflects a gloomy domestic outlook, and worries about an uncertain future." "Offshore demand for policies denominated in Hong Kong dollars is low – U.S. dollar-denominated policies are more prevalent, to provide access to global asset allocation," said Lawrence Lam, chief executive officer at Prudential Hong Kong. The wealth manager at Noah fears that a sustained rush into Hong Kong insurance risks inviting Beijing's policy tightening.

Persons: Helen Zhao, lurch, Noah Holdings, Lawrence Lam, Hao Hong, Tan Xiaofen, We've, Sami Abouzahr, Samuel Shen, Winni Zhou, Georgina Lee, Summer Zhen, Tom Westbrook, Kim Coghill Organizations: Hong, AIA, HK, Prudential, Manulife, Noah Holdings, Savings, Bank of China, U.S, Prudential Hong Kong, Investment, School of Economics, Management, Beihang University, HSBC, Thomson Locations: SHANGHAI, HONG KONG, Hong Kong, Macau, COVID, U.S, Beijing

Christopher Willard | Walt Disney Television | Getty ImagesOn the advantage of being an underdog: I grew my business in a man's world. There were no businesses in New York City, especially in real estate, that were owned by women. There weren't any women role models, and the men weren't very forthcoming [with advice]. When I was just starting out, I went to a community business event and none of the men would even talk to me. On why she likes to partner with women in business: Women are more willing to listen [than men], and they're not as cocky they'll be an instant success.

☆ Millennial in Atlanta quits $180,000 job, moves to Lisbon: 'You get a lot of bang for your buck here'
▼ + stars: | 2022-06-08 | by ( ) www.cnbc.com time to read: +8 min

Her job in Atlanta, Georgia, came with a lot of perks, but it also felt grueling. After traveling to about 40 countries, Wynter settled in Lisbon, Portugal, in mid-2020, to live "my most freeing life," she says. Sharolyn Wynter says she immediately fell in love with Lisbon her first time visiting the city on vacation in 2017. Living 'my most freeing life' in Lisbon"This is the moment in my life when I've made the least amount of money," Wynter says. The article "Millennial in Atlanta Quits $180,000 Job, Moves to Lisbon: ‘You Get a Lot of Bang for Your Buck Here’″ was originally published on Grow (CNBC + Acorns).

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