PRIVATE WEALTH & FAMILY OFFICE ASSOCIATION NEWSLETTER
The Road to Financial Security
The primary concerns of our early ancestors were:
- eating,
- hydration,
- and staying dry and warm
Why was this?
Because of our obsessive drive to survive and reproduce.
But it turned out that humans were in fact caring animals - taking care of their own.
We are living beings.
We move, grow, and reproduce.
The nature of humans has not changed in millions of years and will not change.
What has changed though are superficial things?
Like the race towards acquiring materialistic things, fame and ultimate power.
Forget these and stay focus on our unchanging nature. Our ancestors had to hunt and gather to live.
Fortunately, now we do not need to risk our lives anymore!
Why?
Money has transformed the picture.
Instead of having to make a shelter, hunt or grow food, and search for clean water, We can now USE MONEY to acquire these things for us. It offers a different kind of self-sufficiency. Even better, we can build a pot of money to provide us if we are unable to do so in the future.
This presents a dilemma:
How can the benefits of a limited working life balance today and future needs? Do you:
(1) Work until you retire and become dependent on charities or government pensions, to meet everyday needs?
(2) Achieve financial freedom, set aside money so you can make your money work for you?
The dual premise of this newsletter is that:
1. Financial freedom is a worthwhile goal.
2. It is achievable far quicker than you might think.
Why worthwhile?
It's a significant moment: release from the obligation to work for money that since early adulthood has probably defined your existence.
Yes, there is enough money for each one to get our share. But we must want it. Act to get it honestly and be patient.
PWFO NEWS
▶ PWFO is focused to share financial knowledge so that more can become wealthier. We are proud to have secured the rights to convert "The Wealth Game – An ordinary person’s companion" into a programme that anybody can subscribe to and follow. It is a 6 modules programme that will follow a project-based learning approach with multiple choice questions and access to a trainer to accompany the follower of the programme
▶ PWFO has signed its first Partner-in-Learning, Pascal Muller CEO of Finamic.
▶ PWFO has entered into discussions with a senior Consultant to develop the French market.
▶ PWFO is meeting with Haute Ecole de Gestion in Switzerland for further discussion in delivering the PWFO Wealth Services and Family Office course as part of their “Emerging Markets" programme.
▶ Ayoob Rawat, participated for PWFO, in a webinar organized by CCIG, “Economic recovery: how to access the markets of emerging countries?”
Personal Finance
Financial Literacy
PWFO Train-the-Trainer courses
The Wealth Game
PWFO has started working to develop new flexible courses that will use the “cocktail” approach whereby crashed courses can be planned. For example, it may be that a student is more focused on getting coached on the use of software solutions to deliver the services of a PWFO.
So till next time
Kind regards.
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Family Office and Wealth Services Course 2020
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