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The Barefoot Investor (Paperback) $12 (Normally $15-$19) + Delivery (Free with Prime / $49 Spend) @ Amazon AU

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The Barefoot Investor (Paperback) $12 (Normally $15-$19) + Delivery (Free with Prime / $49 Spend) @ Amazon AUAffiliate
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expertreader on 19/06/2019 - 22:09 amazon.com.au (2658 clicks)
Last edited 01/07/2019 - 11:05 by 2 other users
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One of the highly regarded books giving general advice. Please be aware that this may not suit every person/family but the book gives some good pointers that can be adapted to individual situations…

Following is copy/paste from Amazon description -

** Fully reviewed and updated for the 2019-2020 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 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 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.

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closed Comments

  • [Deactivated] on 20/06/2019 - 09:46
    +1

    Why do i feel like slapping this Pape guy across the face with my leather gloves? I've never met him. I know little about him. Yet the urge is very real.

    • carling on 20/06/2019 - 10:05

      Why

      • [Deactivated] on 20/06/2019 - 13:39

        Why not?

        • carling on 20/06/2019 - 13:39
          +3

          sounds like you have a few unresolved issues.

    • hoxygt on 20/06/2019 - 14:19

      Tall poppy syndrome, I felt the same but then after listening to the Audio booked I warmed to him and his brand of humour. Also just about every step involves a beer/ wine/ bourbon/ whatever - which I could further relate too :)

      • [Deactivated] on 20/06/2019 - 15:24
        -2

        OK, The Phantom has been provoked…

        Your piffle doesn't get us much beyond this earlier piffle.

        I don't have much patience for piffle, so let me just deal with the intro piffle:

        This is the only money guide you'll ever need.
        That's a bold claim…

        That's not a 'bold' claim, that's a ludicrous claim.
        This guy thinks he's crystallised all financial knowledge into one book, that he as our Oracle has written?
        Pure marketing BS - even he doesn't believe it unless he's mentally ill.

        You'll get a step-by-step formula: open this account, then do this…

        OK, it's all very prescriptive. Being prescriptive tends to be confining/restrictive. If you're a finance dummy and keep spending this months rent on beer and ciggies then that can be useful, but for most people it has the potential to be stultifying.

        All with a glass of wine in your hand.

        That's obviously just another gimmick, and if there's one there's others, but will you pick them up?

        …and you'll be able to manage your money in 10 minutes a week.

        Yeah? Obviously there doesn't seem to be much ongoing research involved in his strategy, if there is one.

        Saving up a six-figure house deposit in 20 months

        Again, very definitive isn't he?
        What if you live in Penrith as a single mother with 3 kids and escalating rent? They can't do it? They must be losers i guess, at least according to his book.

        Saving $78,173 on your mortgage and wiping out 7 years of payments

        What? He's got it down to the last $3. Are you kidding me? He seems to have written this for what he perceives as the average yobbo, the average cricket-following yobbo, however it may not even apply to them. How ludicrous can you get?

        But then it's just another gimmick. Get those impressionable dummies on board.

        Handing your kids (or grandkids) a $140,000 cheque on their 21st birthday

        What? Exactly $140k? And that's meant to be a good investment? That guy picking up my bins will be glad to hear this.

        Why you don't need $1 million to retire … with the 'Donald Bradman Retirement Strategy'

        Ah, another cricket reference. Again targetting all the dummies. Look! Don Bradman! He's conveniently dead so can't complain let alone sue, and he probably would if that particular prick was still alive.

        Sound too good to be true? It's not.

        Yes it is, for many people.

        But look, go knock yourself out and set up your buckets and get your mojo going in top gear. But once you have start looking beyond this barefoot (another lame gimmick) marketing dude, with real experts with a deep knowledge of personal finance. Don't be a dummy and think this guy is your ultimate guru or you'll wake one day with someone elses poo in your pants.

        I only need one bucket and i'll need to empty it soon.

        The Phantom Analysis

        • gimmeabreak on 20/06/2019 - 19:12

          Can I apologise to you twice?

          • [Deactivated] on 20/06/2019 - 21:38

            @gimmeabreak: Sure.

            Is there something wrong with me? I keep lol'ing and rofl'ing (and all those other acronyms that mean pretty much the same thing) with my pants joke. Nup, i'm ok - that's perfectly normal.

        • hoxygt on 20/06/2019 - 21:44
          -1

          Kinda feel like someone feels threatened by Barefoot?

          You might have noticed this guy isn't a fly by nighter plenty of converts and his praises seem to be getting sung louder and louder.

          Tread your own path…

          • [Deactivated] on 20/06/2019 - 21:49
            -1

            @hoxygt: Oh, another one with a Psych degree they got from the back of a Weeties packet. You also haven't critiqued anything i've actually said.

            I've already been clear - no time for marketing BS, that's all, and i lol when i call it out. If their marketing BS is over the top, can you trust or rely on anything they say?

            His book is very popular sure, but so is Donald Trump and drop crotch jeans.

        • watwatwat on 20/06/2019 - 22:21
          -1

          Wow, very amateur analysis. Have you even read it?

          Go look around in the world. Marketing exists to sell products and lots of companies need to market themselves. I don't think there is anything inherently bad about it. You have a very limited and close-minded view here.

          • [Deactivated] on 20/06/2019 - 22:26
            -1

            @watwatwat: Then think of what i've written as marketing. You should be fine with it now. Cheers.

            • hoxygt on 21/06/2019 - 00:01

              @[Deactivated]: The reviews and converts speak for themselves but for what it’s worth…

              …and you'll be able to manage your money in 10 minutes a week.

              Yeah? Obviously there doesn't seem to be much ongoing research involved in his strategy, if there is one.

              If you call spending less than what you earn a strategy then there it is.

              There is no ongoing research, effort or anything else. A lot of people don’t want to think about money they just want to live comfortably with a good level of security and no debt. If this can be achieved in ten mins a week - awesome, people are keen for that.

              There’s no point seeking more advanced investing or wealth generation if you can’t manage the barefoot ‘strategy’.

              If you’ve already got that in the can and are building wealth have zero debt and are in complete control of your finances then this book isn’t for you….might be for your kids though ;)

              • [Deactivated] on 21/06/2019 - 00:28
                +1

                @hoxygt: A huge crowd of the financially illiterate don't speak - they just kind of hum a bit.

                Look, i've already said the book may be useful to some, but i wouldn't leave it at that unless you're really struggling to form a sentence.

                The world can also change very quickly around you, and you need to be alive to that and adjust your strategies accordingly.

                And the reality is most people who make serious money make it on the back of other peoples money. Debt can give awesome leverage when it comes to wealth creation. Now i'm not saying everyone should rush out to get a loan, but that's the reality.

                But there's probably no point seeking more advanced investing or wealth generation if you can’t manage the barefoot ‘strategy’. Hang on, that's what you said.

  • Tool on 20/06/2019 - 10:43
    +1

    Not sure how he can recommend financial products and call it 'general advice'.

    Pape's strategies sound fairly legit and are 100% beneficial for the average Australian, however not sure how he has managed to dodge the regulators after providing advice on financial products.

    • blackwalnut on 20/06/2019 - 13:11
      +1

      he's also copied a lot from the US Finance Advisor Susi Orman, who has the bucket idea for seperate accounts, he just changed it all to Mojo etc etc.

  • renw on 20/06/2019 - 12:35
    +1

    Great book, completely changed the way i look at money.

  • bailbondsh on 20/06/2019 - 12:38
    +1

    I bought one. Never bought a money book. I've had to learn some things growing up as a communist.

  • Ugly on 20/06/2019 - 13:07
    +3

    If he's so rich, why can't he afford shoes?

    • hoxygt on 20/06/2019 - 14:20
      +1

      He's so rich he doesn't need too - think about it…..

  • billy bass on 20/06/2019 - 13:26

    dont forget to buy the magic pillows

    • BartholemewH on 20/06/2019 - 14:25
      +1

      This guy gets it.

    • frewer on 20/06/2019 - 16:52

      Can you post a deal of it on here ?

      • ssquid on 20/06/2019 - 19:32

        Dunlopillos can always be found cheap on eBay.

  • CeleryMan on 20/06/2019 - 15:20
    +1

    Probably right in front of my nose, but I can't see anywhere on that Amazon page that says this is the 2019-2020 FY updated edition.

    • Triple J on 20/06/2019 - 18:27

      Neither can I ,probably cheaper because new updated version is out July 1.

  • Trying2SaveABuck on 20/06/2019 - 15:58
    +1

    good book for anyone financially illiterate - most of it is common sense but considering more people seem to lack basic common sense it is popular

    • hoxygt on 21/06/2019 - 00:08

      Basic common sense is harsh. I know a professional accountant on quite a decent income who likes buying clothing, shoes and $200 outfits she wears once (if ever).

      Post barefoot she now has limits, spends guilt free and spends even less than she earns than pre barefoot. I reckon for the price of a few coffees a real lot of people would get some value out of this book.

  • MementoMori on 20/06/2019 - 16:18

    Good time to buy Dunlopillow shares

  • BusMan247 on 20/06/2019 - 16:48

    This is a deal? $2 off a book.. FFS let's keep it interesting.

    • Master Haggler on 20/06/2019 - 17:23

      The barefoot investor says $2 discount is always a good deal.

  • Jimothy Wongingtons on 20/06/2019 - 17:46

    Nice one op. Stacked with my $5 hitman 2 cancelled order voucher.

  • PAOK11 on 20/06/2019 - 20:08

    Username checks out. Guy can read but cant write. Advice not advise

  • dmac on 21/06/2019 - 13:43

    People who talk about this being a good beginners book but not much more.. Is there a book/resource you recommend to look into that's slightly more advanced?

  • MrBurns on 21/06/2019 - 16:42

    Received my copy today from Amazon - its the 2018/2019 update (not 2019/2020).

    Will contact Amazon.

    ** Update - they will contact me via email with a "solution". Rep assured me they will resolve for me. Looks like the description has been changed.

    • Ebaygiftcards on 21/06/2019 - 20:08

      Did you by any chance take a screenshot of the description before the change?

      • MrBurns on 22/06/2019 - 09:53

        Yes I did.

        They contacted me today and they refunded me the whole amount and said I could keep the book, mentioning there was a mixup between them and supplier.

        Can't really fault their service like newfangled said.

    • newfangled on 21/06/2019 - 20:51

      Same for me. Received today and it is the 2018 version. I will contact them as well. I too noticed that they have now changed the description

      • newfangled on 21/06/2019 - 22:35
        +1

        Reply from Amazon giving me full refund (including shipping) and saying I could keep book. Also said I could order the item I wanted (2019 edition) and reply to email with order number and they would refund the shipping. Can't fault their service.

    • Ebaygiftcards on 21/06/2019 - 22:06

      2019 paperback version is not out yet but you can get it on Kindle.

  • koplik8 on 22/06/2019 - 18:21

    Excellent book. Such a basic concept and so easy to follow. The best day was cutting up those crappy credit cards. I setup a bank account with ING. I was blown away by the free international transactions when I go overseas. I use the card a lot more now that the high fees are gone. I even found the exchange rate is sometimes better out of the atm than in the streets in Bali. The main thing was learning to be disciplines with spending and saving money. I already pay all my bills fortnightly when my pay comes in. The bit I needed help with was setting up an easy saving plan. I love it and recommend the book to everyone. I just didn't buy the Dunlop pillows lol

  • Master Haggler on 22/06/2019 - 19:27

    I received the 2018 version. Would there be much difference to the up coming 2019 version?

    • Triple J on 22/06/2019 - 21:17
      +1

      The update includes revised figures as well as -
      The recent Royal Commission into the banking sector.
      Afterpay-is it good or bad ?
      Changes to the federal budget .
      The declining housing market & saving for a home.

  • unity1 on 22/06/2019 - 19:51

    They are offering a refund on this but are not saying how much the new one will cost. Anyone know?

    Just contacted Amazon. They said the description was never changed and was always advertised as the updated 2018 edition.

    • Triple J on 22/06/2019 - 21:18
      +1

      It will be around $20 maybe a dollar or two more.

      • unity1 on 22/06/2019 - 21:28

        Thanks, I contacted them hoping they would offer the new one for the same price but no such luck.

  • No Child Support on 23/06/2019 - 14:44
    -3

    Anyone bothered to return the book for a refund? Anyway they can let you keep it and give a full refund instead?

  • MrBurns on 23/06/2019 - 22:36
    +3

    They did give me a full refund.

    For anyone that needs it, here are screenshots of the description before they changed it.

    https://imgur.com/a/wBxc3Pf
    https://imgur.com/a/HYhoJpW

  • pioneer17 on 24/06/2019 - 21:53

    got this book from local library for free :) Worth a quick read and to noting down learning from this book.

  • Triple J on 01/07/2019 - 21:13

    $14.98 For new updated 2019 book ,free delivery with Prime.

  • TheStingiest on 03/07/2019 - 18:36

    Free ebook here for the real cheapos

    https://libgen.is/book/index.php?md5=AAC56218C322E9B2D734416…

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