Adam Moelis shares why half of American's can't come up with $400 in an emergency, and 78% of people live paycheck to paycheck. But they spend $80 billion on the lottery every year. We also discuss a recent study that showed that most wished they'd learned more about money in school and scored themselves low when it came to financial literacy. Could tech change this? Adam shares how he founded Yotta to help Americans make healthier financial decisions and become more financially secure. Adam's company provides the chance to win big every week, similar to playing the lottery but in an FDIC-insured account where customers cannot lose any money. About Adam  Adam Moelis is the Co-Founder and CEO of Yotta, a financial technology startup whose mission is to help Americans become more financially secure by offering a unique banking experience that allows customers to win weekly prizes of up to $10 million.   Adam graduated summa cum laude with a B.S. in Finance and Accounting from Wharton. His degree and interest in personal finance and passion for behavioral psychology led him to co-found Yotta with Ben Doyle. Adam and Ben were honored with the prestigious Forbes 30 Under 30 in 2021 for their social impact on founding their company, Yotta. Additionally, Yotta has raised over $17 million from investors like Base 10, Core Innovation Capital, Slow Ventures, FundersClub, TwentyTwo VC, Chapter One, Capital X, among some angel investors. Yotta graduated from the prestigious Y Combinator in July of 2020.  Previously, Adam was an investment analyst in the Multi-Strategy Investing Group at Goldman Sachs. He also worked as a Product Manager and Data Analyst at YipitData, where he built a mobile app for consumers. Tech Talks Daily Podcast Sponsor Details Get Surfshark VPN at https://surfshark.deals/TTD - Enter promo code TTD for 83% off and 3 extra months free!