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PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.
Most of The Barefoot Investor is sound advice. Yes, tax laws, investing particulars, home buying is somewhat different, but the majority of the theory is applicable anywhere. Plant. Grow. Harvest.
Making a date night with your partner weekly then monthly to specifically talk about financial issues and what dreams y'all have. Eradicating debt. Not being afraid of the stock market (which was a huuuuge one for me. Pape points out how, despite recessions/depressions/wars, things just bounce back. Period.). Buying your own home, but if you're renting, that's okay--just start saving as much of the difference between what you'd be paying in mortgage and taxes and rent as you possibly can. Determining your retirement number/age based on your savings (without spazzing about being older and nowhere near there).
I'm a finance idiot, so this is where I'm coming from as I write this review. I know Audible has a plethora of money-savvy people, so Pape's info might not be extraordinarily mind-blowing. But hey: Anything that makes me stop hyperventilating when I consider my financial situation? Well, that's definitely worth the barely 6+ hours listening time...!
84 of 89 people found this review helpful
I’ve spent the last few years since having kids organising my family’s finances and investing so I thought I had it pretty much down. There was a lot in the book that did affirm that I was on the right track, but it also gave more than just an opportunity to pat myself on the back; hints and tips for improving what I’m currently doing and a real (and achievable) way to plan for the future.
Lastly, think your finances are boring? Try saying that after the audio book! Author and narrator, Scott Pape’s natural enthusiasm will get you started and EXCITED about sorting your money out.
Recommend to everyone!
23 of 25 people found this review helpful
Amazing step by step clear explanation of taking control of your finances. Scott has changed my entire outlook.
i have read a lot of financial help books and this is the best one yet, I love Scotts attitude to finance which is made easy to understand for the reader.
The content in the book is as good advice as you will get from anywhere, if you follow what Scott says and have faith you will dig yourself out of whatever hole you are in.
Clear steps on what to do, when to do it and how to do it... No BS, there is very real and legit guidelines in this book that will work. Scott knows what he is talking about.
Perfect for an Australian or if you live in Australia.
That said, I am not Australian nor do I live in Australia! However, with a bit of work I can adapt his ideas to myself here in New Zealand (the actual best country in the world!) but it will just take a bit more work for me to figure out how things work here.
The steps are much the same though.
This book is worth the time you spend with it... Especially if you live in Australia, the 2nd best country in the world, maybe the 3rd. Definitely no lower than 5th!
57 of 67 people found this review helpful
Is there anything you would change about this book?
It made me feel there was no hope for me as I only earn 36,000. So tips for lower wage bracket would be great!
Did The Barefoot Investor inspire you to do anything?
Made me feel a bit low about what I earn.
Any additional comments?
This has handy tips if you are earning 70,000 and up. Which I feel would be easy to save money anyway so.. If you are earning that much and blowing it in the first place you must be making some silly money decisions.
3 of 3 people found this review helpful