Joining the show is my very own mother, FQ Mom, Rose Fres Fausto! We talk about her recent book, “Why Financial Education Alone Doesn’t Work.” Having been in the finance industry since 1985, this is the second book in her FQ Trilogy. We discuss the psychology of money, the data and proof behind it and what this book is really all about.
This is the first face-to-face episode for this podcast and I just love how there is no lag or technical errors that inevitably happens over Zoom!
You can get your own copy now by going to FQMom.com !
You can follow her @thefqmom on IG and facebook.com/FQMom
4:40 - Going against what she’s been teaching for decades
7:44 - Understanding Mak & Emong
14:11 - The growing ease in spending through the years
17:23 - How the FQ Trilogy began
20:25 - The skill of simplifying complex ideas
22:22 - Purpose and legacy in life
29:12 - Behavioral Economics Principles (Loss Aversion)
38:00 - (Confirmation Bias)
47:31 - What’s the problem with relying just on financial literacy?
50:22 - What’s to come next