Scott PapeCritiques

Plenty of ideas for us and the kids. Well set out and easy to read.

Bit Australia focused. The assumption that people have eg 20% of income to spare seems pretty optimistic as well. Given that almost any plan works.

Still, reasonable enough plan on how to get secure future.

Cannot fault this (excluding my lack of doing the steps!). Great pace, great examples, great advice. Would recommend

Pretty handy field guide to mastering your finances.

Scott's no nonsense guide is packed full of practical information. He includes a deceivingly simple strategy for not only getting on top of your finances but getting ahead. Unlike most books like this, it's grounded in the everyday things you need to do.

I thought this was a really great, comprehensive, easy to understand, beginners guide to finance.
I’ve given it 4 stars because it’s better suited to those who are at a later stage in life so I wasn’t ideal for someone at my age. However even though a lot of the information wasn't currently relevant to me I still found it interesting and informative and have been recommending this book to many who I think could benefit from it more. Scott has a great ability to breakdown the complex world of personal finance and make it digestible.

I wasn't going to write anything about this book. It is written much like a blog, with no real paragraphs, corny humour, "literally", "totally", "like", Americanised adverbs, and sometimes corny drawings. But the central message is important, and after some hesitation I thought it right to record some of the highlights. In my journal, I wrote down this quote from Warren Buffet" "Stay away from debt. If you're smart, you don't need it. If you're dumb you got no business using it". Pape writes about precisely what he does, including the companies he uses in implementing his financial strategy. There is a story about two alpacas that will bring a tear to your eye, and this adds moral impetus to Pape's purpose in writing. His personal story is an important part of the work. The only part that I was not comfortable with concerns earning additional income through side businesses or freelance work. I have worked more than one job since leaving the regular army in 1997 until 2012. Admittedly, I was doing so to maintain a self-constructed treadmill of stupid decisions, but these days I am content with my earnings and have no desire to increase these more than "natural increase" brings. That said, it would have made no difference to my 18 year old self if I had received this book back then. Fools must learn from their mistakes. But it may be helpful for a disciplined parent to develop themselves as a financial role model for their children or grandchildren, if one finds their time has come and gone. I have taken many of the steps mentioned in this book - indeed, some I took as I arrived at the precise location of the advice on the page. Much of the other advice has confirmed and given me confidence in the steps I have already taken, but I am too shy to reveal this side of my existence. I was sceptical about this book, but now I am glad I read it anyway.

Brilliant book. Wish it had been available 30 years ago. Very clear advice offered with a sense of humour and so simple to follow. Already feel like things have improved with our finances. Highly recommend this to everyone whatever your age or stage of life.

In this day and age of out of control consumerism, this book is a rare voice of good sense. You don’t have to live like a monk, just make sure you spend money that’s yours to spend. [return][return]If you’re aged 25-60 you’ll find a lot of helpful stuff in this book. If you’re aged 15-25 this book is indispensable. I wish I’d had advice like this 10 years ago...http://icantstopreading.blogspot.com/2008/02/barefoot-investor-by-scott-pape.html

Er is de afgelopen tijd heel wat ellende veroorzaakt door gladde mannen in snelle pakken met hun zogenaamde financiële advies waar ze alleen zelf beter van werden. Maar het kan ook anders! In het boek Leven op blote voet (The Barefoot Investor) geeft Scott Pape helder en realistische advies aan met name twintiger en dertigers om een leven te leiden zonder financiële zorgen.

Hij kent zijn pappenheimer: de meesten van ons houden er niet van om veel over onze financiën na te denken. En we houden er al helemaal niet van om streng te budgetteren en elk dubbeltje te moeten omdraaien. Scott Pape houdt rekening met deze menselijke zwakheden en dat maakt zijn aanpak ook echt haalbaar.

Zijn Barefoot-plan bestaat uit 5 stappen:

Stap 1 Stel je zelf doelen over wat je wilt doen met je geld. Bijvoorbeeld een eigen huis, je schulden afbetalen of een wereldreis maken. En laat je niets wijsmaken door marketing en reclame boys over wat zogenaamd belangrijk is maar maak je eigen keuzes.

Stap 2 Neem maatregelen om je uitgaven onder controle te houden. Ga na waar je geld heen gaat en open 3 rekeningen. Eentje voor je dagelijks uitgaven, eentje voor je persoonlijke doelen en een "Mojo" spaarrekening. De "Mojo" rekening is een soort back-up geld dat je kunt gebruiken voor noodgevallen. Ben je bijvoorbeeld je baas of je huisgenoten helemaal zat dan geeft dit geld je de mogelijkheid om weg te wezen.

Stap 3 Betaal je schulden af en hou je kosten onder controle. Hadden maar meer mensen dit onderdeel gelezen de afgelopen tijd!

Stap 4 Creëer meer geld onder jouw voorwaarden. In deze stap allerlei tips om je geld te laten groeien.

Stap 5 Zorg voor een back-up plan. In deze stap komen zaken aan de orde als je zelf verzekeren, je pensioen, het regelen van geldzaken binnen je relatie en een simpel boekhoudsysteem.

Het boek Leven op blote voet is van 2007 en de grappen zijn niet allemaal zo actueel meer. Ook heeft de financiële crisis natuurlijk nog niet plaats gevonden. Maar dat doet totaal geen afbreuk aan zijn verhaal: regel je zaakjes met behulp van het Barefoot-plan en je zit gebeiteld!

In this day and age of out of control consumerism, this book is a rare voice of good sense. You don’t have to live like a monk, just make sure you spend money that’s yours to spend.

If you’re aged 25-60 you’ll find a lot of helpful stuff in this book. If you’re aged 15-25 this book is indispensable. I wish I’d had advice like this 10 years ago...http://icantstopreading.blogspot.com/2008/02/barefoot-investor-by-scott-pape.html