Stories of the week. Kristi Saare presented a challenge, an interview with Kaja Kallas and a big real estate overview of Tallinn

The readers of Äripää were most interested in Kristi Saare’s challenge to those who earn less than 5,000 euros per month, as well as the interview with ex-prime minister Kaja Kallas.

  • Kaja Kallas’ last interview with Äripää as Prime Minister.
  • Photo: Liis Treimann

But there were other exciting stories.

Financial freedom is not a miracle that you wake up in the morning and you are rich. If we didn’t have to give up anything on this journey, most of us would be financially free, said Kristi Saare, a well-known investor at the Investment Festival, who presented a big challenge to the audience from the stage.

According to him, every person earning less than 5,000 euros should take the challenge to double their income next year at the same time. If a person is not ready to accept this challenge, it is likely that financial freedom will not be achieved in ten years. “You have to have faith in yourself that yes, I can achieve it and I will do it even if others don’t believe it,” he said. How Saare himself started investing and what he sees in mentoring others, read here.

Kallas’ last interview

This week, now ex-prime minister Kaja Kallas gave a resignation interview to Äripää. Kaja Kallas, who draws the line for the office of prime minister, does not leave notes in the drawer for the future head of government, Kristen Michal. “His mentor is Andrus Ansip, I don’t think he will ask me for any advice,” he said.

According to him, he did not believe in becoming a candidate for the high representative of the European Union until the last moment. Read Kallas’ interview here.

Real estate card for Tallinners

Äripäev put on the map the transactions made with apartments in Tallinn in the last ten years and compared how the popularity and price level of the settlements have changed.

Where do the crazy price increases come from? Do the owners of old apartments also win? Why does Old Town seem to stand still? You can find answers to these and other questions here.
We also wrote that while Kalamaja has been a hot area in Tallinn for years, new districts are becoming pop. What happened to Kalamaja and what are the hit areas, read here.

The sauna business became hot

Gunnar Paalman, who is engaged in the production of barrel saunas and hot tubs in the Kanep municipality of Põlva county, has pissed off his business partners demanding payment of debts. It seems to them that a business that has reached the brink of bankruptcy is already going on in another business entity.

Gabriel Aimil, to whose company the Paalmani sauna company was in debt, had had enough of the promises and delays and is demanding the bankruptcy of Eco Oil. “It’s good if something happens at all, but the point is in principle. That’s not how it’s done. You can’t do that in the south, you can do it in Tallinn, you can do it in Narva. Southern Estonia is so small that everyone here knows everyone,” said Aim.

Read the colorful sauna story here.

Decision-makers also decide by gut feeling

This week, Äripää also published the Top of Decision Makers, where you can find those who have made important decisions in the economic life of Estonia for decades, but several names from the back rows of the table have risen to the top of the line.

If, like last year, Enn Kunila is in first place, this year big entrepreneur Ain Hanschmidt took second place. Regarding making important decisions, Hanschmidt said that the most important thing is to have as much information as possible.

“I do a lot by gut feeling. But this gut feeling means that it contains 50-60 percent information. Then you can start making decisions based on experience and intuition,” he said.

Jüri Käo took the third place in the TOP of the judges. See who followed the top three here.

Also listen to the program summarizing the week “Äripäev etris”:

Business day on air: the post of additional minister contradicts the government’s cutback goals

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Source: www.aripaev.ee