Financial Literacy: Wealth Wisdom for Everyone, A Primer on Family Finances and Investment

If you don’t control your wealth, it will control you…

Many essential life skills are not taught in schools and can fail to get the attention they deserve in a busy home. Basic knowledge, such as family organization, wealth management, business leadership, philanthropy and risk management, is essential in a legacy family.

However capable, some family leaders may not have the time, resources and experience to structure a comprehensive education program for the entire family, with particular attention on the Next Generation. Managing family wealth begins at home, and the approach taken to managing basic familyexpenses can serve as both a model and lesson in how to organize and manage greater family wealth.

Financial Literacy is one of the key topics many family leaders see as critical to continued family success. In this first introductory course you can begin your legacy educational journey by exploring a basic approach to understanding, organizing and controlling your income and expenses.

You can also work through a high-level approach to family wealth management. The latter topic will include a quick summary of asset classes, a simple asset allocation model and an approach to individual investments.