🙌 On this episode of The Get Ready Money Podcast, I spoke with Therese Faessler, the founder of Equitika about changing the way we think about money and our financial health.  

🧐In this episode we discussed:

🔹 Pay your future self first - Warren Buffett.

🔹 Be mindful with your money and careful with your consumption.

🔹 The wealth (and health) risks that you take on have to be worth it.

🔹 Financial independence is about living without financial stress

🔹 Save wisely for the future.

🔹 Why the wealth gap is about opportunity.

 🎥 Watch this episode below: 

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🎧 Listen to the podcast below or on your favorite podcast app.

Connect with Therese Faessler: 

LinkedIn: https://www.linkedin.com/in/therese-faessler-60a940106/

Equitika website: http://equitika.ai/

Resources Mentioned: 

Berkshire Hathaway - Warren Buffett Annual Letter (here)

The Algebra of Wealth: A Simple Formula for Financial Security by Scott Galloway (Amazon) https://amzn.to/46SEmVs

Bio:

 Therese Faessler is the founder of Equitika as well as the SFTA Head of Financial Literacy at the Swiss Finance + Technology Association (SFTA), a Contributing Writer to Iconomix and a Senior Research Associate for the Institute for Operations Research and Computational Finance.

Growing up in the 60’s in NJ was a tumultuous, exciting and very formative time. There was a political and social revolution forming my mind, beliefs, and attitudes. It was all about social justice. Entering a new world at Rutgers in 1979, I was taught economics from Washington D.C. policy makers. That added a whole new dimension to my fiscally conservative, but socially liberal upbringing.

I studied mathematics, economics, and statistics in order to figure out a way to level the playing field. Taking a gap year before going to Carnegie Mellon in Pittsburgh for an advanced degree in Econometrics, I came to Switzerland and met my husband. At 40 in 2001, I finally continued my education at the University of St.Gallen with a degree in Quantitative Economics and Finance. I needed the degree, the computers and the access to data to confirm my hypothesis that wealth gaps exist in modern economies because a small percentage of populations owns the economies. The shareholders of today are the landowners of the Middle Ages and those working for a living wage are the serfs. The research confirmed the wealthiest in any population with a modern economy (a national stock market) are the shareholders. Few have a lot and many have little.