Book Review: The Barefoot Investor

No, I haven’t given away all my shoes – but I have just finished listening to The Barefoot Investor by Scott Pape. This book is cited as ‘The Only Money Guide You’ll Ever Need’ and for the approach that Scott takes in the book, I am in agreement! Though in complete transparency, I do have a number of other financial advice books on my To Do list!

Scott is Australian, and as I listened to the audiobook version, I got to hear his Aussie enthusiasm bounce off the virtual page! In this book, we are introduced to Scott’s 9 Steps to become financially independent and secure, but most of all he teaches us how to be financially confident. He doesn’t believe in strict budgets and in depth financial planning, but he does assure us that if we follow his advice and each of the steps he has developed, then each and every one of us can achieve our financial goals.

He starts with Date Nights and finishes with Leaving a Legacy – all the time sharing stories from his own experience and from others who have followed his advice. He offers a step-by-step formula and takes away a lot of the confusion around managing your finances. The one thing I will say is that the specific detail is very much geared towards the Australian financial market, but with a small amount of research it’s easy to tailor to what’s available to us in Ireland, the UK, US or wherever you are located. This localisation does not make a difference to the message that he is putting across or the principles of his method.

I really recommend this book to those who want to be inspired to get ahead financially – the directions are given in a clear, easy-to-understand manner; with plenty of humour thrown in too. In true frugal fashion I listened to this audiobook for free on Borrowbox, which is the free audiobook and ebook platform you can access using your library card!

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