false http://photo.goodreads.com/books/1161132148m/2674.jpg 2674 13 David Chilton's popular <I>The Wealthy Barber</I> is a good starting point for anyone who wants to construct a personal financial plan. Many people are so scared of dealing with their money that they don't do anything at all--only to suffer for it over the long haul. Chilton shows that planning is simple and you don't have be a whiz kid to set yourself on the route to financial security. "When I finally learned the basics of financial planning, I couldn't believe how straightforward they were. It's just common sense," is the overarching message. <p> <I>The Wealthy Barber</I> takes the form of a novel, though it wouldn't win many awards for plot, setting, or characterization. The narrator, Dave, a 28-year-old school teacher and expectant father, his 30-year-old sister, Cathy, who runs a small business, and his buddy, Tom, who works in a refinery, sit around a barber shop in Sarnia, Ontario, and listen as Ray Miller, the well-to-do barber, teaches them how to get rich. The friends are at the age when most people start thinking about their future stability; among the three of them, they face almost every broad situation that can influence a financial plan. Ray, the Socrates of personal finance, isn't a pin-striped Bay Street wizard. He is a simple, down-to-earth barber dispensing homespun wisdom while he lops a little off the top. Ray's barbershop isn't the place to learn strategies for trading options and commodities. Instead, his advice covers the basics of RRSPs, mutual funds, real estate, insurance, and the like. His first and most important rule is "pay yourself first." Take 10 per cent off every pay cheque as it comes in and invest it in safe interest-bearing instruments. Through the magic of compound interest, this 10 per cent will turn into a substantial nest egg over time. This book isn't about how to get rich quick. It's about how to get rich slowly and stay that way. <p> Chilton's common-sense approach has obviously hit home since his book first appeared; with more than 1.5 million copies sold to date, <I>The Wealthy Barber</I> is the best-selling book ever of any kind in Canada. Some of the financial details have been updated in recent editions, but the story and fundamental advice are timeless. It's probably not the last book you'll want to read on the subject, but it's a good starting point for learning about financial planning. <I>--Edward Trapunski</I> 1798835 1989 The Wealthy Barber: The Common Sense Guide to Successful Financial Planning total:350|5:77|4:129|3:115|2:22|1:7| 350 1297 508 83 4 0 false false Sun Jun 14 00:00:00 -0700 2009 Wed Jun 17 21:13:17 -0700 2009 Wed Jun 17 21:23:41 -0700 2009 more...]]> 5 1 false false Tue Jan 01 00:00:00 -0800 2002 Mon Nov 20 10:07:12 -0800 2006 Mon Nov 20 10:10:45 -0800 2006 Personal Finance For Dummies (which I also read) - start with this - then ke...more...]]> 3 0 false false Tue Feb 10 09:56:50 -0800 2009 Tue Feb 10 10:01:10 -0800 2009 more...]]> 4 0 false false Wed Aug 12 00:00:00 -0700 2009 Wed Aug 12 18:42:01 -0700 2009 Wed Aug 12 19:29:24 -0700 2009 more...]]> 2 1 false false Thu Jan 01 00:00:00 -0800 2004 Mon Jan 08 10:08:43 -0800 2007 Mon Jan 08 10:09:35 -0800 2007 4 0 false false Tue Jun 01 00:00:00 -0700 1999 Thu Nov 06 14:25:47 -0800 2008 Mon Mar 23 11:54:32 -0700 2009 more...]]> 3 0 false false Thu Jan 15 21:32:10 -0800 2009 Thu Jan 15 21:34:38 -0800 2009 more...]]> 5 0 false false Mon Jun 01 00:00:00 -0700 2009 Tue Jul 21 21:29:32 -0700 2009 Tue Jul 21 21:33:48 -0700 2009 more...]]> 4 0 false false Sun Feb 01 00:00:00 -0800 2009 Thu Mar 26 09:06:45 -0700 2009 Thu Mar 26 09:09:02 -0700 2009 more...]]> 4 0 false false Mon Dec 22 00:00:00 -0800 2008 Tue Dec 23 09:05:53 -0800 2008 Tue Dec 23 09:07:35 -0800 2008 2 more...]]> 4 0 false false Mon Sep 01 00:00:00 -0700 2008 Mon Jan 26 02:08:51 -0800 2009 Mon Jan 26 02:28:28 -0800 2009
It also allows me to give copies to my nephews in their teens, giving them a head start, where the aforementioned books would mos...more...]]> 3 0 false false Mon Mar 09 08:55:52 -0700 2009 Mon Mar 09 08:55:52 -0700 2009 more...]]> 4 0 false false Mon Oct 12 15:32:36 -0700 2009 Mon Oct 12 15:34:31 -0700 2009 5 0 false false Sun Jun 21 12:38:06 -0700 2009 Sun Jun 21 12:39:07 -0700 2009 3 0 false false Sun Jan 01 00:00:00 -0800 2006 Mon Jan 12 19:28:33 -0800 2009 Mon Jan 12 19:30:01 -0800 2009 4 0 false false Tue Sep 15 00:00:00 -0700 2009 Wed Oct 21 18:32:40 -0700 2009 Wed Oct 21 18:32:40 -0700 2009 3 0 false false Mon Jan 01 00:00:00 -0800 2007 Thu Sep 24 09:37:16 -0700 2009 Thu Sep 24 09:39:23 -0700 2009 5 0 false false Thu Jan 01 00:00:00 -0800 2004 Wed Jan 21 10:51:10 -0800 2009 Wed Jan 21 10:52:08 -0800 2009 0 0 false false Fri Oct 09 13:33:05 -0700 2009 Fri Oct 09 13:33:05 -0700 2009 4 0 false false Mon Nov 17 00:00:00 -0800 2008 Wed Jan 21 11:22:16 -0800 2009 Wed Jan 21 11:23:31 -0800 2009 http://www.goodreads.com/book_link/follow/8?book_id=2674