June 8, 2024
GoodWhale recently organized an engaging and insightful board game event, “Wealth of Life,” aimed at helping participants understand the importance of utilizing their resources—money, time and energy—to achieve financial freedom and success. Held in Singapore, the event saw the enthusiastic participation of 15 individuals.
Understanding Financial Freedom Through “Wealth Of Life”
The main objectives of the event were twofold: to highlight the significance of resource management in reaching financial goals and to provide insights into participants’ financial behaviors and attitudes toward money. “Wealth of Life” served as a simulation of real-life financial scenarios, offering a hands-on approach to learning about financial planning and decision-making.
Positive Participant Feedback and Key Takeaways
Participants provided overwhelmingly positive feedback about their experiences. Some of the key takeaways included:
- “The game was a true simulation of life and money. How we spend our energy and wealth on what is truly important.”
- “Energy and health are important too for maintaining a healthy financial life.”
- “It’s important to have financial knowledge to make better decisions. I also understood how challenging it can be to create passive income, but it’s still possible with collaboration.”
- “The game mimics life, but we must tailor the lessons to our own conditions. When you’re young, aim for higher income, even if it’s active income. Invest aggressively in the short term, and as you grow older, shift to building businesses or investing in property to secure your future.”
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Wealth of Life’s Outcomes and Future Plans
The primary outcome of the event was to increase participants’ self-awareness regarding their financial behaviors and to introduce various investment strategies. The success of this event has prompted GoodWhale to plan more such sessions in the future. These board game events aim to continue helping individuals understand themselves better and experiment with different strategies to achieve financial success.
It doesn’t matter what background you are born into. What matters is the journey in knowing what you don’t know and work towards making it known.
We hope that this sort of board game can be played by more people of all ages! If you feel that this game is something you want to introduce to your friends, family or colleagues, do reach out to us by filling up this form: Click Here
Check out the key highlights of the event:
Participants’ Reflections on Real-life Applications
Many participants expressed that they would adopt different approaches in life after playing the game. Some noted they would take more risks and start building passive income early, while others emphasized the importance of looking at life more holistically and seeking out long-term investment opportunities.
Quotes from Participants:
- “After playing, I will take more risks and start building passive income early.”
- “I now look at life more holistically and am more aware of the opportunities around me.”
- “I’ve learned the value of long-term investment opportunities.”
For more information about future events or to collaborate with GoodWhale, please contact Jia Xuan at [email protected]
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