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The Barefoot Investor: The Only Money Guide You'll Ever Need-Scott Pape

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** Reviewed and updated for the 2020-2021 financial year** 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 youwon'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 Aussies — single people, young families, empty nesters, retirees — who have applied the simple steps in this book and achieved amazing, life-changing results. And you're next.

Book The Barefoot Investor: The Only Money Guide You'll Ever Need Review :



Basically only for those living in Australia. I wish I had known before I bought the book.
If you have credit cards that are out of control, or a housing loan that is crippling you, then this book may help you. However, if you are able to pay off your credit card balance every month, and basically never or rarely pay interest. Or if your housing loan is under control and you have budgeted to pay extra every month then there isn't much in this book that you probably don't already know! While reading this book, I was waiting to find the gems that people seem to think are in there, but, for me at least, there was nothing to see.I take my hat off to Scott for creating a plan that has helped a lot of people, but we control our finances and have never considered our expenses to be out of control in any way. I found the book mildly interesting at most, and many of his suggestions were either a confirmation of something I also believe or are nothing more than a "duh" moment (stating what I thought was the bleeding obvious, obviously not obvious to some).If you feel your finances are under control, you won't get anything from this book, so I suggest you keep looking. If you are drowning in debt, this may throw you a lifeline, but you MUST change your financial habits, if you don't, his suggestions will do nothing for you. As they say "you have to WANT to change".

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