Recently posted related deals
** Reviewed and updated for the 2020-2021 financial year**
** Reviewed and updated for the 2020-2021 financial year**
Free delivery for prime members
2019 update is $10 at Big W
I get your point, but that's what held my interest. Otherwise it can be a dry read when talking about Super, Insurance etc. in the first few chapters.
But would that have held the attention of the target audience? The book clearly isn't aimed at people with high financial literacy, so some banter in between the numbers talk likely is to aid in it's digestion to people who find money a boring topic.
Edit: Bit slow on finishing my comment, see Exhibit A above.
I agree, that and it is unnecessarily disparaging towards people who want to go beyond using buckets drawn on a napkin to manage their finances.
More than once he goes off on a tangent about how managing finances on a spreadsheet is only for Ken the excel nerd, don't waste your time, just follow the buckets. I get that he is trying to teach people it doesn't HAVE to be complicated, but he goes a step too far by telling people never to be interested in learning anything more sophisticated than his method - good sales strategy though I guess.
I have read that in general people won't buy books unless they are at least 200 pages because they don't feel that it's worth the money if it's shorter. I suspect that the filler material is included to increase perceived value.
Should be free, I'm sure ING is paying him more than enough to name drop them year after year.
I'm actually starting to find it a bit frustrating that some banks are starting to quite aggressively implement some of his long time suggestions from this book into their tech - my bank is constantly asking me in-app to sort accounts into buckets and doesn't seem to understand that not everyone wants to do things the way this guy does.
If he makes it free, nobody will take it seriously.
I say this while looking at free Udemy courses that I have subscribed to!
The page clearly states he gets no payment for his recommendations. Whether you believe him is up to you.
Is this a new book? I haven't seen this advertised anywhere before.
yeah it's a new 2020 book
i wonder what his 2020 recommended pillow is
I can recommend this book. I signed up for an Audible trial, and you get one audio book for free, so I select this and listened to it whilst on a daily walk. It covers the basics but has some good tips too. I then didn't continue the trial so I'm already saving :)
Over the period, either you would have created a habit of either saving or investing or spending out of your means.
Old habits die hard.
people who are starting their journey, especially the young generation, they might benefit from few strategies in this book. But this is not a book you need to buy every year bcos author might have some magical ideas now.
Thanks OP. Without amazon prime I received free delivery…not sure why..🤨
Me too, it said promotion applied and subtracted the shipping from the total.
I feel like they do this for Christmas. And an international shipping promotion which might just be for Prime members.
Book is good if you are financially illiterate, but if you already know how to budget/manage your weekly/fortnightly/monthly pay you will find little value in it. I decided to buy a copy a few years ago due to the hype surrounding it and found myself already doing 90% of what is in the book. But props to this guy whose making a killing by releasing a revised version every year…
Thanks OP, listened to the audio and lots of good tips. Bought myself a hard copy now.
I think this book is great for people who haven't yet developed good financial understanding.
I've bought and given away three copies of this book. One for my daughter, one for my son and one for a work colleague who was struggling financially.
I figured that if each of them took away just ONE good investment or money saving idea, it would have been worth the $20-$25 each.
I would be offended if my work colleague gave me a financial self help book
Rip off merchants offend me :-(
It’s definitely worth a read. We had our finances pretty structured and only debt was the mortgage prior to reading the book. It’s an easy read and provides perspective to things, plus stuff we were intending to do we finally bit the bullet and it made us do it. I.e. purchasing shares for our young children for when they are older or pre-tax super contributions. Our shares in a very basic indexed fund are up just over 28% since we bought them close to 3 years ago (including reinvested dividends). It is very basic advice but it is much safer and more proven to work - something that probably $#!ts the finance/share market gurus who are probably up a creek without a paddle right about now from buying into risky ASX on borrowed money pre-CoVID.
Plus I up the ante on negotiation skills with the bank, got an additional $400 cashback each year by complaining enough and now a 0.10% decrease in our variable rate after the announcement of the RBA 0.15% drop with a BIG4.
Probably the best thing it did for my wife and I had put us both on the same page in terms of understanding our finances. Something I don’t think a lot of families or couples do real well and neither did we a few years back.
How do Preorders work ?
Clicked on Preorder
then it just say there is nothing in my cart
now showing $25.97 for the paperback
Looks like the price is back to normal.
Thanks.. yes it has gone back down again. Shenanigans at Amazon commerce site as Normal.
I had heard the Audiobook previously and whilst majority of it was pretty obvious to me, my teenage kids more likely to read the book than listen to me ;-)
Back at $10
The annual updates are very slight, is this comprehensively updated given the complete change in the global dynamics this year?
Would suggest just googling the contents of this book. It is very straight forward.
I remember someone bought it for me when the first edition came out. It was a decent read all that long ago. But now days a lot of this stuff is well covered by many manage your money websites and other financial management books/apps etc.
TLDR: For those of you who are mildly financially literate. This book will be a bit basic for you.
It's a good book that helped my wife and I introduce some new useful habits.
There is one chapter that I found really disappointing though. Something in the line of 'Double your salary!' - which was nothing more than 'keep your day job and keep applying for better paying jobs in the meantime'.
Free $10 credit from Prime Day = free book on saving money (with free delivery) = OzBargained
So strange. I missed that completely. What was the $10 credit for?
It was spend $100 on Amazon gift card, get $10 credit
Yup, this ^^
How much a difference between this and the 2018 version?
Only a time traveler from future can tell lol
Toilet paper keeps getting more expensive. What's so special about this brand?
Few thoughts from a skeptical about financial books from my own experience.
Most of the financial literate would state that this book is average or below average, which I believe they have a valid point. But all those who think that, are the ones who are already on the financial independence journey and have done their readings prior to getting their hands on this one.
I think one needs to find oneself at what stage they are in the book as some of us might pass the savings for house stage.
For me, the book (2019 edition) was easy to follow. It provides you with strategies and structure in place, which I can see some of my friends have been struggling. For example: making investment boring- autopilot investing in index fund etc every fortnight.
Second thing, I never bothered to look at my super. After following the book, I not only looked at my super but also started making extra contribution.
There are other things which I wont go into detail, but one advice that stuck out was that we do not need to be miser when going out with friends but need to look at things where we can be miser- like negotiating insurance/ mortgage interest rates etc.
Also he recommends the Orange card but in his blog has admitted that other banks are now equally good if we shop around.
The book is one aspect, but subscribing to his blog is another way to remind/refresh some of the ideas shared in the book.
Tread your own path!
Ahh yes the bareback investor https://www.youtube.com/watch?v=lO6_kPHbNGA
I read the 2019 version. It was good but I was left wanting. I’m probably not the target market.
It’s an ideal read for anyone that carries a credit card balance, spends more than they get in a pay slip or can’t save towards a goal. If you can do these things you’re probably better off looking for something more advance.
He did prompt me to look at my super again which was worthwhile. Also, it’s worthwhile just calling your super fund to talk to a financial advisor for free (well, built into the fund fees). They ended up saving me money and adjusting my investments to better meet my goals. Amazing considering it means they are making less for their employer.
YouTube Graham Stephan.. it’s free, and despite being American most of the content is still relevant.
Just came back after watching Graham's latest video: https://youtu.be/1ZXIGJuU1vU interesting to find a fellow ozbargainer watching him. hello there!
Gday! Yep been watching him religiously for about a year. I’ve definitely seen all of his thoughts and ideas over that time, now it’s more just entertainment.
great. order it
Mr Pape gotta make some $$$ after shutting down his subscription service.
We all know you guys are cheaping out on your christmas presents with this shovel-back
On one hand, I read his book and it helped me out. On the other hand, I don't think he is useful for anything other than saying you should have a budget and spend less where possible. I actually disagree with him on a few issues and I moved on from him years ago. I can't imagine the updated version will have any useful additions in it. Maybe a few updates on his HISA opinions. Maybe something like Afterpay bad. Only really useful for those who have the worst financial habits and need somewhere to start.
This is basically Dave Ramsey but less scorched Earth. I think Ramsey is better if getting out of debt is your aim, and the Barefoot Investor is worth listening to when you have money to play with.
Anyone know when the audiobook will be available (2020 edition). I'd like to read and listen to it at the same time.
Amazon prompted me for a $10 off promo using the app - APPONLY10 - don't know if targeted but hey 4 for the price of 3, these are great gifts :)
Grow some mustache, or something more https://www.mrmoneymustache.com
I think I'll save money reading this in the way that I can't spend money while reading this book like I don't spend money being on ozbargain oh crap now you know my secret hey I should write a book on how to save money oz edition.
Step 1: don't go outside
Step 2: don't buy anything online
Step 3: live off water
Step 4: you're welcome
Also avoid Westpac graduates with bmws unless you are an Amazon graduate.
They really need to move to selling digital versions first asap.
I hate stuff taking up physical space plus I can read it on my phone on my commute to work.
Tempting but I will wait for the pdf version.
Hopefully the powers at be will see this.
We want digital versions please price match.
Does this show as $19 for anyone else or just me?
same for me, must of missed it
Did anyone else end up being sent a copy of the 2019 Version, or was I just lucky? I've put in a claim for wrong item.
I think it might be your luck; I got my copy today and it’s correct
Just received it in the mail yesterday and had a quick skim through. I've previously read the 2018 and wanted to see if there was anything new especially with COVID.
Besides a quick snapshot on the very first page about COVID devastating families and a small part on Afterpay (spoiler: he disapproves but says it’s not as bad as credit cards) there was no new strategy or any advice on what to do in the COVID world. Also, I noticed he got rid of the top 5 Super page that he previously had in 2018 & 2019. I found this to be a bit lazy given he’s selling it as an ‘updated’ version. He still recommends Hostplus as his number 1 Super.
In summary: $10 is a great price for someone who has not read his previous versions. However, it’s not worth buying for someone who already owns a previous version, not even for $10.