Cheaper if you pay with WISH gift cards.
Barefoot Investor for Families - credit to Facebook
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.
Plus delivery ($0 Prime/$39 spend) Free delivery for all. Don’t forget cashback.
Thanks, i just had a friend recommend me this book a few days ago, i'll definitely read it since i'm still new on how many things are done here in aus.
Is the first tip: stop browsing through Ozbargain
Unless you're a broden
I thought I was already great with money, but it was still an extremely valuable read. Highly recommended.
You spend your spare time on ozbargain. Let's be honest - you can't be that great with money.
"literally"
just remember to never talk about the credit card chapter on ozbargain.
too bad the book doesn't tell you how to deal with a recession or pandemic
Thanks bought one. :)
He can't be that good an investing if he can't afford shoes…
He's great at investing. He doesn't spend money on shoes he doesn't need
Nice one. For once… a witty comment.
And yet still downvoted
How is the comment witty at all
at
You've used that line before.
Recycling ♻️ is good for the environment
Haha, you made me the joke of the day, ohm actually of this afternoon.
Looks like he also gave you a stroke.
how can he not have at east 3 pairs of rm williams?
Great book.
I agree it's a great book. I sorted out all my financial issues over 12 months from reading each chapter.
Just download it online for free.
That's naughty
Send me the latest
Link it!
Google is your friend.
@jv: The same 5 Chrome extensions listed over and over under each submission. Do you know of a web browser that's never had a malicious extension? I'm all ears.
Google has done much worse than this.
"Google is your friend"
Nah
duckduckgo is your friend
Can I have it too!
Pay for the copyright and help the economy. Do the right thing, oz mate.
Rule #1: stop frequenting OzBargain.
(profanity) not happening
You don't need to stop, just stop buying "necessities" and start buying necessities.
I am sure his retirement account is fully funded… To add some to mine as well, I will skip buying this one and share it with my friend…
Having said that would there be an advise in there about how one should stop binge buying stuff through OzBargain 😆
Real Ozbargainers borrow it from their local library. Mine has half a dozen copies!
It's nice to refer back to it every now and then. It's not the sort of book I'd borrow from the library.
Ebook accessible from library portal ;)
They still only allow one person to borrow at a time.
is this latest edn
Yes it is.
which is.. 2020?
I thought 2019 was the latest and 2020 edition isn’t out yet. 2020 will be the next few months.
Good book. I learnt to cut up my primary credit card (but not amex - too many bargains on that).
Is this in the toilet paper aisle?
Don't be silly, there's nothing at all in that aisle.
Haha, 2nd joke in this comment blog, such a relief to my worry.
The 2020/2021 will be coming out in the next few months. I confirmed this with his Barefoot team last week. Scott has moved on to be an independent financial counsellor for people in need (non-profit). Yes he has made a bucket-load from his books, stocks and investments - good on him. It's a fantastic book and I wish every 18 year reads this book and implements it. It only they appreciated good financial discipline and compound interest - they wouldn't have to worry about financial struggles and life challenges ever again.
Ah, if only the world was that simple.
The world would be a much boring place if we all followed his advice. Less debt though.
If we all invest, who's going to work? Somebody needs to work to make money for investors.
Does much change in each year's updated version though?
Nah, as I can tell the basics are the same. He might recommend a different bank etc if one is cheaper. New super rules etc I suppose.
You'd have to convince them to get less take away/home delivered food, not get the newest cars, phones, consoles, clothes, etc! All they do is idolise/follow "influencers" online promoting stuff to buy too!
Good book, helped me a lot.
Amazon price match in 3… 2… 1…
edit: aaaaand, BOOM. Free Prime delivery.
https://www.amazon.com.au/Barefoot-Investor-2018-Update-Mone…
Available for free delivery for anyone (no prime required), discount is applied at checkout.
what about eBook
That’s free via my local library ebook service.
Borrow from your local library (physical or ebook). Save at least $9.50. Put $9.50 on Red.
that ur channel
No, just appreciate the sense of humour
I agree. The availability depends on your library though as it is very popular.I could not got hold of families version for weeks.
If you borrow from library, my recommendation would be to take notes. I had to consult back the book a few times when I started acting on the steps.
With that said, I think these would be the best $9.5 spent for taking the first steps towards financial freedom.
Or pricematch at Officeworks:
https://www.officeworks.com.au/shop/officeworks/p/the-barefo…
https://www.officeworks.com.au/shop/officeworks/p/barefoot-i…
Thanks OP, been meaning to get this book for a while.
Also, I placed my order through Amazon and there is FREE DELIVERY. You don't need a Prime account which I don't have.
Anyone read Money School by Lacey Filipich and recommend it? Have read Barefoot and mostly thought it was pretty good, but heard Money School is quite good as well. Cheers
wish i could attend money school
This is one of the very few books that honestly changed my life. I never gave much thought to my finances and so never had any savings, queue the wake-up call that is having your first child. My Team leader at the time sat me down, handed me this book and told me to follow it. Now whenever a deal like this crops up I always purchase a few to have on hand for friends and family.
The family version still isn't matched by Amazon :(
Does the family version update much over the original? Already have the first one from last time it was 9.50 so wondering if the families version is worth a read also.
I can't see the family version online WW for C&C. I can see it in the original picture @ WW store. Strange…
Do I only need the family version for families?
The families version is focused on educating children and preparing them to deal with money for their working life. The book does expect that you have read The Barefoot Investor and are familiar with some of the concepts e.g.(budget) buckets.
I read this about 2 years ago and only wish I’d been taught it all much younger
Exactly my thoughts
Don’t forget 6% cashback from ShopBack!
If only my parents gave me 140k on my birthday.
I'll go against the grain here and say I didn't like this book. There is a bit of useful advice but author comes across very condescending. My recommendation is Making Money Made Simple by Noel Whittaker.
If by some chance all people happened to be the same and had the same opportunity, this book would be useless. The reason why investors exist in the first place is because of capitalism. Someone has to pay, or shall I say most pay for a few.
For anyone more inclined to listening rather than reading, here is the Audible link to this book. New users to audible can get it for free part of trial.
Its a good book, but I felt a lot of the info was aimed at an older audience. It spoke a lot about super and how it can make a big difference, but unfortunately I don't have any super yet. It also spoke about putting a sum aside (eg. $2000) but thats difficult when you don't have a full time job due to study commitments. I don't know I would love to revisit this book in the future, but for now I don't think I can really implement much of it.
you are never too young to start investing, the power of compounding works in your favor. you don't HAVE to follow all the steps, he does a lot of it based on % of earnings etc. You still need to manage it all yourself AND work out if you can afford to do something, he doesn't do it all for you, you need to learn!
What compounding? Interest rate on defensive assets today is actually losing money due to inflation.
If you moved it to more risky assets chasing maybe 5-7% you probably lost 30% of your portfolio and above during Covid-19.
i would put down a decent bet that it will recover that 30% and gain more in the next 30+ years
@cam83: Good luck with that having a major downturn every decade. Research has shown that it takes years for stocks to recuperate those losses and they recuperate them in a very brief period of time. So you have to be all in all the time in order not to miss the gains period and accept the roller coaster ride. That is not always easy due to sickness, unemployment, having kids, retirement…
@noskich: I'll just paste a section from the good book shall we
Pauline: That’s in the past. There’s a huge crash coming. The world is going
to hell in a halal basket.
You (theatrically counting with your hands, while you wobble your head
from side to side): You want hell? I’ll give you hell. Over the past 128 years
we’ve had:
• the First World War
• the Great Depression
• a global flu pandemic that infected 500 million people and killed 100
million people
• the Second World War
• multiple recessions …
(You draw breath, and change hands.)
• the Korean War
• the Vietnam War
• the Gulf Wars
• the 1987 stock market crash
• the Asian financial crisis …
(You change hands again.)
• the Tech Wreck
• the 9/11 terrorist attacks
• the Asian tsunami, which killed 230 000 people
• the Global Financial Crisis (GFC)
• Brexit and, of course, Trumpit.
Sounds like a terrible time to invest, right?
Well, it wasn’t. Over that time, if you’d invested a single dollar — $1 — in the
Aussie sharemarket, it would be worth a staggering $194 439 today.
The lesson we can learn from history is that bad stuff happens — look who
we elect into Parliament! — but the best days are still ahead of us. More
importantly, it teaches us that investing in businesses and holding shares
for the long term is how you get incredibly rich.
yeah like i said, power of compounding
or how about this example from a super website. Yes it is talking about super but funny story compounding works the same on your super investment as well as any shares you have that pay dividends with a DRP.
"For example, if you chose to add $20 per week to your super for one decade of your life, when might you do it? Maybe when you are older and earning more money? Interestingly, doing it early on, say, between the ages of 20-30 can make more of a difference than doing it in your 50s. That’s because of the power of compound interest; there is more time for your returns to earn returns."
went to my local WW, couldn't see either book anywhere for sale.
Might be at the front, near the phones.
checked there, bunch of kids books and phones
This guy must be rich off all the hopeless savers lol
I can't find a link to the family version at this price. Anyone?
have not read this but wondering how many millions the author has made from this…
I have this book for 2017 - do I need to buy 2019 version? Does it have big change?
Thanks
The basic plan is same. If you are following are 9 steps then you are all good.
If any thing changes, is the recommended bank accounts and super funds to maximize the returns.
Can we use the photo for the families version to price match at Big W?
Back at $19?
I've said it before and I'll say it again - if you are still learning about managing your money, this book will literally pay for itself thousands of times over.