CBX Daily 3/7/2025

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CultureBanx Team
March 07, 2025

Today, working in the office could increase productivity, but let’s start with how printing of currencies offshore lacks sustainability…

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The High Price of Printing Currencies in Other Countries 

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Missing cash to the tune of $104 million in Liberia is still unaccounted for, after it was printed overseas and passed through the country's main port and airport. With Africa being the fastest growing region for banknote printing and several countries having this process done outside of their borders, should we care where our money is printed?

Does Your Office Hold The Keys To Productivity?             

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The pandemic era has been long over and the crème de la crème in most workplaces have been calling for a return-to-office hoping to restore a sense of traditional work culture. Their claim is that physical presence at the office will boost productivity yet studies suggest that this push overlooks the evolving preferences of employees who value flexibility. Further, employee productivity peaked during the pandemic and rose by 4.4% in 2020. 

Millennials Redefine Spending As They Trade Paychecks For Pets            

CBX Vibe:

For many millennials, pets aren't just companions—they're financial priorities. With 34% of millennials willing to turn down higher-paying jobs to be with their pets, it's now clear that furry friends are influencing financial decisions in a big way. Reports show that the pandemic, which decimated other businesses, only accelerated the growth in the pet business. Pet ownership surged during the Covid-19 pandemic, and today, over 66% of U.S. households own a pet, spending more than $136 billion annually. 

Tune-in Tuesdays!

Trump's stance on deporting immigrants while offering financial incentives for wealthy ones to stay raises questions about fairness and priorities in immigration policy. Is this a bold move to boost the economy, or a controversial step towards further dividing the nation’s immigration system?

A. "Gold Digger" by Kanye West – This policy could be seen as prioritizing money over people, where only those with wealth and resources are allowed to stay, while others are cast aside, highlighting a troubling trend of valuing financial status over human dignity
B. "Money Trees" by Kendrick Lamar – The proposal might be seen as a way to attract investment and boost economic growth, capitalizing on the wealth of foreign individuals to benefit the nation
C. "Get Rich" RJMrLA – In any economy, there exist societal structures that leave the less privileged at a disadvantage while the rich are treated differently, reinforcing social inequality

What are your thoughts on this? Tune in next Tuesday to see which jam captures the prevailing sentiment!

A  |  B  |  C

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Last week’s results are in and it’s the stock market, there will always be ‘Changes’.

Parents Continuing To Bank On 529 College Savings Plans           

CBX Vibe:

Most parents begin saving for college before their child is 10 years old and this could be a future key to closing the racial wealth gap. Only 16% of African American parents are saving for college using a 529 plan, which is like a prepaid tuition program, according to Northwestern Mutual. Even though parents are saving more for college now than ever before, their preparedness could still use improvement, and a solid 529 plan could put their children on the path to success. 

Single Women Are Taking Over Luxury Real Estate          

CBX Vibe:

Single women are fueling a major surge in the top-tier housing market. For years, lenders could refuse mortgages if a woman lacked a male co-signer. We’re now witnessing a historic shift as these buyers gain wealth and influence. The proportion of single female homeowners is increasing at a faster rate than their male counterparts—20% compared to 8%. Women are projected to control 38% of investable U.S. assets by 2030, totaling around $34 trillion. 

Vibes of the Week

The cost of printing currencies in foreign countries hits the “Clouds” as told by J.Cole in our CBX Vibes!