the 2017-2018 update - Booktopia

Jun 30, 2017 ... Howdy! Welcome to the 2017–2018 update of The Barefoot Investor: The Only Money. Guide You'll Ever Need. Let me tell you, publishing ...

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Welcome to the 2017-2018 update Howdy! Welcome to the 2017–2018 update of The Barefoot Investor: The Only Money Guide You’ll Ever Need. Let me tell you, publishing this book has been ... well ... wild. We were only supposed to sell a few thousand copies (it’s a finance book for godsakes!). Six months after publishing, we’ve sold 250 000 copies ... and it’s the #1 bestselling book of the year. Monique Bowley from Mamamia described it as ‘The Biggest Finance Cult in Australia’. Here’s how she put it: As I pulled my bank card out of my wallet and scanned the PayPass, the cashier gave me a knowing smile. ‘You’re one of them,’ she said. ‘Barefoot.’ I nodded back, slightly embarrassed. My cult status was exposed. ‘I’m on it too,’ she confided. ‘And I see it almost every day.’ Right now, thousands of Australians are flashing orange bank cards with mantras penned on with sharpies and stickers. ‘Splurge’, they read. ‘Daily Expenses’, read others. And they all signal one thing: that you’re following the biggest finance cult in Australia.

Of course one person’s cult is another’s person’s community — but whatever you call it, we’re certainly making an impact. So why am I updating the book? Well, I plan on doing it each year. See, while the wealth-building principles I write about never change, each year politicians (and banks) meddle with things. So in the 2017–2018 update I’ve updated tax, superannuation and HECS-HELP changes for the 2017–2018 financial year. Thanks for reading, and welcome to the ‘cult’.

Scott Pape Family Farm June 2017 xi

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30 June 2017 6:47 AM