The Barefoot Investor
Ratings14
Average rating4.1
15
Ratings14
Average rating4.1
This is the only money guide you'll ever need. That's a bold claim, given there are already thousands of finance books on the shelves. So what makes this one different? Well, you won't be overwhelmed with a bunch of tips or a strict budget (that you won't follow). You'll get a step-by-step formula: open this account, then do this; call this person, and say this; invest money here, and not there. All with a glass of wine in your hand. This book will show you how to create an entire financial plan that is so simple you can sketch it on the back of a serviette and you'll be able to manage your money in 10 minutes a week. You'll also get the skinny on: saving up a six-figure house deposit in 20 months; doubling your income using the "Trapeze Strategy"; saving 78,173 on your mortgage and wiping out 7 years of payments; finding a financial advisor who won't rip you off; handing your kids (or grandkids) a 140,000 cheque on their 21st birthday; why you don't need 1 million to retire with the "Donald Bradman Retirement Strategy." Sound too good to be true? It's not. This book is full of stories from everyday Aussie, single people, young families, empty nesters, and retirees who have applied the simple steps in this book and achieved amazing, life-changing results.
Reviews with the most likes.
This is straight talk for an often convuluted industry. Whilst my own philosophies around money and wealth may differ from Pape (and I'm sure this will be the case for all sorts of folks) there is a ton of practical outcomes from reading this book, be it managing accounts differently or re-thinking the role of superannuation and what I want to be preparing for my children one day. For a topic I historically have energy for, almost purely due to deceit and greed from industry folk (and Pape doesn't back away from supporting this) this was a concise and casual walkthrough some great ideas.
The financial literacy that Scott Pape shares in this book should be part of every Australian's education. It includes some basic steps on how to sensibly plan your day to day finances, plus long-term savings plans that are easy to implement and cost $0 today but will set you up for retirement success.
I wish I read this when I was 16!
Pretty handy field guide to mastering your finances.
Scott's no nonsense guide is packed full of practical information. He includes a deceivingly simple strategy for not only getting on top of your finances but getting ahead. Unlike most books like this, it's grounded in the everyday things you need to do.
