📅 2025-06-02 — Session: Developed family financial management course outline

🕒 21:05–22:00
🏷️ Labels: Financial Management, Family Finance, Course Development, Digital Tools, Education
📂 Project: Business
⭐ Priority: MEDIUM

Session Goal: The session aimed to develop a comprehensive course outline for educating families on financial management and governance.

Key Activities:

  • Proposed a technical document structure for financial management aimed at legal and accounting professionals.
  • Developed a guide to help families understand and participate in managing family wealth with transparency and collaboration.
  • Outlined a modular course for financial literacy, focusing on practical examples and progressive learning.
  • Created content for the first module on family administration, emphasizing the importance of managing assets and finances.
  • Structured a section on family financial management, including benefits and reflective questions.
  • Recommended section lengths for a financial education booklet to ensure engagement and readability.
  • Provided insights into the importance of family financial management, highlighting key concepts and benefits.
  • Developed a strategic plan for a course section on family wealth, focusing on objectives, structure, and style.
  • Analyzed family asset management, addressing internal tensions and the need for clear rules.
  • Explored roles and responsibilities in family asset management, discussing potential tensions.
  • Introduced basic financial management concepts, including income, expenses, cash flow, debts, savings, and reserve funds.
  • Provided instructional content on using Excel or paper for budgeting and expense categorization.
  • Structured a plan for transitioning from paper-based to digital financial management tools, emphasizing modern tools like Excel and Google Sheets.

Achievements:

  • Developed a detailed course outline and content for educating families on financial management, including practical tools and strategies.

Pending Tasks:

  • Finalize the content for each module and section of the course.
  • Develop supplementary materials and exercises for family engagement.
  • Plan a pilot session to test the course content and gather feedback.