Patrick Has Invented A Card Game to Help You Make Better Financial Decisions
What’s your story?
I am the inventor of the financial card game: Affluent – The Wealth Management Game.
In my financial advisory career, I have met individuals who hold certain misconceptions about what financial planning really is. There are myths regarding its application and the impact it can have on a person’s life.
My mission is to help more people raise their level of financial literacy. I believe that with more clarity, they can make better financial decisions, secure financial independence, realize their financial dreams, and attain a brighter future for themselves and their loved ones.
I decided that I did not want to conduct conventional seminars or presentations to disseminate the information because they are not effective, due to innate passive learning. To increase retention of knowledge and information I wanted to create a hands-on approach so people can better internalize what they have learned.
Through actively participating in Affluent – The Wealth Management Card Game, players learn about financial planning and how to improve their financial knowledge in a fun, entertaining, and interactive way. I call this method of learning “edutainment.”
The game simulates real world scenarios, such as retrenchment, investment opportunities, turbulent market conditions, pandemic solutions, and more. It provides a safe environment for players to test their assumptions, implement their knowledge, and make important decisions, without the fear of making huge financial mistakes.
Currently, the playing time for most existing financial board or card games takes hours to complete. Some games even require players to do lots of recording on paper. So, this triggered me to want to design a financial game that can offer more player-centric benefits.
1) Total Play time is restricted to 1 hour.
2) focuses on wealth accumulation & preservation.
3) no tedious paper recording.
4) Simulates real-world scenarios.
5) Can be replayed multiple times with different learning outcomes, each time.
What excites you most about your industry?
There are two aspects that really excite me and reaffirm the significance and meaning in what I am doing:
First, I relieve my clients’ financial challenges by helping them overcome financial difficulties when untimely financial disasters strike, and second, when I simplify complex financial terms and jargon, to help people learn, understand, and apply financial wisdom, this enables them to plan for a better future with a heightened level of financial literacy.
What’s your connection to Asia?
I was born and bred in Singapore. I am proud of my heritage and my Asian roots.
Favourite city in Asia for business and why?
I believe Singapore is still one of the best cities in Asia to do business. It has a pro-business environment, good infrastructure in telecommunications and transportation, and a strong legal framework with enforcement. Singapore also has a well educated and well connected workforce with good work ethics and global views.
What’s the best piece of advice you ever received?
“Be confident and always positive while staying true to your passion and what you truly believe in.”
Who inspires you?
People who do not give up easily on their dreams, despite all the challenges in their lives. Even when others do not give them any chance for success, they succeed, regardless. It’s about their perseverance, persistency, discipline and belief in themselves.
What have you just learnt recently that blew you away?
Do not overlook or reject any opportunity that comes your way, regardless of how small or how insignificant it may initially seem to be. We never know which doors could be opened for us later. The probability of a door leading to more opportunities down the road is high. Keep an open mind, engage in careful analysis, and be flexible.
If you had your time again, what would you do differently?
I would focus more time and effort in raising the level of awareness on the importance of financial literacy, especially for the younger generation. Many lives have been ruined because of poor or limited financial knowledge. I hope to make a difference in this area, and see it as my mission to help more people, in this region, to be more financially literate.
How do you unwind?
I unwind by spending time with my children or watching a thought-provoking movie or drama series.
Favourite Asian destination for relaxation? Why?
Taiping, a small town in Perak, Malaysia. You do not find the hustle and bustle of city living here. It is a peaceful and quiet town of tranquility with modern facilities, but it moves at half the pace of any major city in the world. Besides, it is also close to nature and is my wife’s hometown.
Everyone in business should read this book:
“The 7 Habits of Highly Effective People,” by Stephen R. Covey. Although the book was written years ago, the principles prescribed in the book are still useful today, especially in the business world.
Shameless plug for your business:
Thinking of being Affluent and staying Affluent? That’s my strength. Your concerns, My Solutions.
How can people connect with you?
Email: [email protected]
To hear how entrepreneurs around the world overcome their challenges, search your favourite podcast platform for ‘CallumConnects‘ to hear a 5-minute daily breakdown.
Callum Laing is an entrepreneur and investor based in Singapore. He has previously started, built, and sold half a dozen businesses and is now a Partner at Unity-Group Private Equity and Co-Founder and CEO of MBH Corporation PLC. He is the author of three best-selling books ‘Progressive Partnerships’, ‘Agglomerate’, and ‘Entrepreneurial Investing’.