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Customer reviews

4.8 out of 5 stars
4.8 out of 5
2,057 global ratings
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4 star
9%
3 star
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The Barefoot Investor, Revised and Updated Edition: The Only Money Guide You'll Ever Need

The Barefoot Investor, Revised and Updated Edition: The Only Money Guide You'll Ever Need

byScott Pape
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Top positive review

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Amazon Customer
5.0 out of 5 starsFor real: The only money book you need
Reviewed in Australia on 21 November 2017
I never buy financial advice guides because I dont see the value in contributing to an already wealthy persons bank account. the Barefoot Invester is my one exception. I purchased this in January 2017 having returned from overseas 12mths earlier with no savings + multiple debts + my car as only assert. Its now November 2017 and I have saved a home deposit (admittedly not 20%) + $3,000 savings + $2000 buffer. Most of my savings and payments are now automatic and I know as a single woman on just below average wage I dont need to worry about bills.

I cant reccommend this book highly enough for anyone wanting practical and achievable advice.
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29 people found this helpful

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victor matthews
1.0 out of 5 starsIf You Want to Retire Wealthy - Don't Buy This Book
Reviewed in Australia on 22 May 2020
If you want to work hard all your life until you reach retirement age, own your own home and retire with a small income to supplement the govt pension then this book offers a pathway to achieve mediocrity.

However if you want to retire youngish, and not rely on the govt, because you have enough wealth to support yourself and family in your latter years, then the advise given in this book will ensure you fail.

The author has a narrow and limited understanding of how money works, and lacks both the foresight and insight to advise on any asset classes other than his beloved stock market.
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31 people found this helpful

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From Australia

Jason Lord B.M.
2.0 out of 5 stars Not very good
Reviewed in Australia on 28 July 2020
Verified Purchase
The whole book could be summed up in just one page so I do not consider it very good. Basic advice that you can get for free from most investment websites
One person found this helpful
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Daniel pascoe
2.0 out of 5 stars Start by saving money not buying this book
Reviewed in Australia on 13 February 2018
Verified Purchase
90% common sense, aimed at people spiralling out of control, there are a lot of better money books out there
2 people found this helpful
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Vanessa
2.0 out of 5 stars He' advertising rubbish in his new book. DISAPOINTING
Reviewed in Australia on 9 February 2021
Verified Purchase
The Author has started advertising in his book :(
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Matthew Brawn
2.0 out of 5 stars okay, not great.
Reviewed in Australia on 24 November 2019
its okay, more of a life story then a money book. Ill stick with Dave Ramsey.
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From other countries

Value Investor
2.0 out of 5 stars Only if you unable to manage your finance and you are aussie
Reviewed in Germany on 8 March 2022
Verified Purchase
If you are completely unable to manage your personal finances and are sinking in debt this book can probably help you. And you need to be Australian too. In any other cases it's not for you.
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Amazon Customer
2.0 out of 5 stars Did not arrive as advertised
Reviewed in Canada on 6 August 2019
Verified Purchase
Excited to read this but this did not arrive as advertised. The description states it is updated for the 2019/2020 financial year however this is the 2018 edition
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Amazon Customer
2.0 out of 5 stars Did not arrive as advertised
Reviewed in Canada on 6 August 2019
Excited to read this but this did not arrive as advertised. The description states it is updated for the 2019/2020 financial year however this is the 2018 edition
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Tania Williford
2.0 out of 5 stars Not for Americans
Reviewed in the United States on 17 January 2018
Verified Purchase
Basically only for those living in Australia. I wish I had known before I bought the book.
120 people found this helpful
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AGW
2.0 out of 5 stars Good principles, but a lot of padding
Reviewed in the United Kingdom on 2 May 2017
You need to know this is written largely with an Australian audience in mind. The principles in the book are very sound, but you will have a good deal of difficulty decoding the acronyms and references in this 264 page book because they are all based on Australian banks, and pension practice for example, a self-managed super fund- that might be like a pension fund I suppose, like a UK SIP perhaps, I really do not know. Its all about financial discipline though I am not sure he uses those words- and to me it is overly complicated. He suggests you have several accounts, nicknamed the blow, the mojo and the grow. That translates to me like a savings account and something for the longer term. He suggests robust bargaining with your insurance company (do you really need as much insurance?-good question) as well as your credit card company and every other financial institution. I really do not know how successful you are going to be at all that. Yes, I do argue with British Gas about my maintenance, and LV about my car insurance but can I really argue with HSBC about the standard loan rate they charge? He suggests you actually live of 60% of your income. to cover housing, utilities,transport insurance and food. For most people this is just not going to be realistic in a uk of long and expensive commutes, housing (both rental and mortgage costs) through the roof (sorry!!) and rip offs by the utility companies. This is dreamland for a lot of us.
This book takes a long time to say what could be said on a couple of sheets of A4. And at the end of the book if you manage to get to the end of this very windy and discursive marathon, you are pointed to the authors website where he gives independent investment advice recommendations. I do not doubt that much of the advice in this book is worthwhile, but I doubt if many of the busy millennials it is aimed at in the UK will find time to read it. Much of the advice can be found in the financial pages of many popular papers and magazines and will be much more relevant to Uk practice.
17 people found this helpful
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TammyRDH
2.0 out of 5 stars For Australians
Reviewed in the United States on 3 April 2020
Verified Purchase
Very confusing for Americans because a lot of the terms and subjects are things they only do in Australia. Also not really about investing as much as it is paying of debt. Basically the Australian version of total money makeover. Some good points but a waste for Americans in my opinion
12 people found this helpful
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LittleTex
2.0 out of 5 stars If in Australia, this would be great, but does not translate well to USA.
Reviewed in the United States on 31 August 2021
Verified Purchase
I find much of what is said in this book would be very valuable if I lived in Australia. So much of the planning has to do with what works will in their economy and while some of the basics may translate to USA much of it does not. Interesting read and some interesting concepts but was not what I expected.
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