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Scott Pape

As far as I'm concerned, this is hands down the best personal finance book, whether you're Australian or not.

I know most Americans go gaga for Dave Ramsey – and he's great – I found Scott to be easier to follow and to give amazing practical advice without all the hyperbole that Dave seems to love.

For Aussies, The Barefoot Investor is filled with great advice on local banks, Super funds, mortgage providers and the like.

For everyone outside Australia, the advice is still extremely relevant, simply apply it to your local companies.

The Barefoot Investor takes you step-by-step through a really straightforward process that's guaranteed to get you out of debt and into financial freedom.

This is the only money guide you'll ever need.

That's a bold claim, given there are already thousands of finance books on the shelves.

So what makes this one different?

Well, you won't be overwhelmed with a bunch of ‘tips' … or a strict budget (that you won't follow).

You'll get a step-by-step formula: open this account, then do this; call this person, and say this; invest money here, and not there. All with a glass of wine in your hand.

This book will show you how to create an entire financial plan that is so simple you can sketch it on the back of a serviette … and you'll be able to manage your money in 10 minutes a week.

You'll also get the skinny on:

  • Saving up a six-figure house deposit in 20 months
  • Doubling your income using the ‘Trapeze Strategy'
  • Saving $78,173 on your mortgage and wiping out 7 years of payments
  • Finding a financial advisor who won't rip you off
  • Handing your kids (or grandkids) a $140,000 cheque on their 21st birthday
  • Why you don't need $1 million to retire … with the ‘Donald Bradman Retirement Strategy'

Sound too good to be true? It's not.”

If you're going to get one personal finance book, get this one.