Angelo Castillo

The Truth About The Diamond Industry 💎 The diamond industry is a fraud. They inflate their prices by artificially lowering the supply and by brainwashing a generation that spending a downpayment on a piece of rock is the only measure of someone’s love. Lab grown and .90 carat diamonds are TENS OF THOUSANDs of dollars than “regular” 1 carat diamonds. Lab grown> #diamond #dabeers #personalfinance #finance

New Automatic Refund Law for Airlines! 🛫 Last year the DOJ passed a new mandates that states that airlines HAVE to give you an automatic refund if your flight gets cancelled or significantly delayed. They technically gave the airlines a grace period of 12 months to help the transition, but that should end around April of this year You are entitled to a refund if: 1. Flight Cancellation: Your flight is canceled and no alternative is provided. 2. Significant Changes: Your flight's time changes by 3+ hours domestically or 6+ hours internationally, changes airports, adds connections, or downgrades your class. 3. Baggage Delay: Your checked baggage arrives over 12 hours late domestically or 15-30 hours late internationally. 4. Service Failures: Paid services like Wi-Fi, seat selection, or in-flight entertainment are not provided. 5. Health Advisories: You're advised not to travel due to a serious communicable disease during a public health emergency. Has any of these happened to you before? #airlines #spirit #travelhack #travel #boeing #DOT

Why Nespresso Looses Money Everytime they Sell Coffee Machines ☕ It’s crazy, but Nespresso doesn’t make money on their machines—they actually lose money. But that’s all part of their genius strategy. The real profit? Coffee pods. Once you’re in their ecosystem, you’re locked into buying their pods, which have huge profit margins. Even better, since pods are a recurring purchase, Nespresso makes money every time you make a cup of coffee. What other companies use this strategy? cough cough Xbox… costco…. #nespresso #business #marketing #money #capitalism #personalfinance #LearnOnTikTok #moneytok

Why Costco Loses Money on Their $1.50 Hotdog 🌭 Even though every single thing in existence is rising in price, the hotdog remains $1.50. If you adjust for inflation, the hotdog really should cost around $4.40 (which is still a great deal imo) The famous hotdog is one of costco’s many loss leaders. They lose money on it intentionally just to keep their customers happy (keep paying membership) and to get them in the door so they can buy more stuff. Works like a charm, how many times have you went for a hotdog and left with a whole grocery haul? #costco #business #money #businessnews #personalfinance #LearnOnTikTok #moneytok

How Taxes ACTUALLY Work 💵 We are in a marginal tax bracket, meaning you only pay the higher tax rate on the income within that bracket, not your entire income. For example, if: - 10% tax applies to $0–$10,000 - 20% tax applies to $10,001–$20,000 And you make $15,000: - You pay 10% on the first $10,000 ($1,000) - You pay 20% on the remaining $5,000 ($1,000) So always take the bonus and try to make more money 😉 #taxes #money #savingmoney #personalfinance #makingmoney #LearnOnTikTok #moneytok

Sometimes, It’s MORE Expensive Being Cheap  😅 Welcome to episode #1 of 20 Money Lessons I Learned In my 20’s. Currently, im in the top 1% of my age, but it didn’t start out like that. I was broke, had a terrible relationship with money, and had 0 clue what I was doing. Over the past half decade, I have dedicated every day to learning this confusing world of money. I’ve had some successes, but made alot of mistakes along the way. This is just episode 1. Be sure to follow for the next :) Comment down something you’re NOT willing to cheap out on  👇 #lessons #lessonseries #money #personalfinance #savemoney #welath #wealthmindset #millionaire

How Much Does it Cost To Franchise Your Own Subway? 🥪 Have you ever wondered how much it costs to own your own Subway? Well it costs just $15,000 to start! BUT….. That is only to get in the franchise… There are a ton of other fee’s and cost that really add up. Which makes sense because they are giving you and established brand and menu. Would you own a subway? #subway #money #franchise #personalfinance #business #LearnOnTikTok #moneytok

Back to your regularly scheduled brain rot 🫡 Why Airport Foods Are So Expensive ✈️ I’ve always thought airport prices are just reidiclously high because they know we have no other places to go. But turns out, it’s because they have to, not that they want to! Which makes sense, more security, more fees, but also higher foot traffic and less competition. Pro tip: just bring food to the airport. It’s 100% allowed. #travel #travelhack #traveling #airport #airlines #personalfinance #finance #money #savemoney

I’m in the top 1%, But I Have Nothing In My Bank Account 💰 I’m in the 1% of my age group (24). But i rarely keep anything in my checkings. I have 3 automations that move my money. 1. To make passive income 2. To grow my wealth 3. To pay off my bills Money sitting, is money losing! Check the link in bio and I’ll teach you how to set these up! #money #personalfinance #savemoney #millionaire #mindset

Sneaky Reason Why Stores Asks For Donations 😈 Ever been asked to “round up” your total at checkout for charity? Sounds generous, right? But here’s the sneaky reason why stores do this… They take YOUR donation, write it off as THEIR tax deduction, and save money! You feel good, money goes to charity, and corporations get a tax break. Win-win-win? 🤔 If you really want to donate, it’s usually better to give directly to the charity. Just something to think about! #moneytips #charity #business #finance #fintok #moneytok #savemoney

Protect Yourself and Wallet From Hackers, Get a Digital Bodyguard With @Guardio 🛡️ Start your free trial today! 🔗 in bio! #cybersecurity #ai #hack #scam #guardio

How To Turn 12 PTO Days Into 45 Vacation Days 🏝️ Figuring out what to do with your PTO days is a hassle. Especially if you get so little. Here how to make the most out of it and turn 12 into 45 vacation days! Have you ever tried this? #pto #vacation #boss #corporate #job