If You're Curious About These Questions...
You should listen to this audiobook
- What if you could automate your entire financial life during a simple 'date night' and never have to worry about a budget again?
- Are you curious about the 'bucket' system that can help you eliminate debt and build a 'Mojo' account for total financial security?
- What's the secret to breaking free from credit card dependence and finally getting your foot on the property ladder, even in a tough economy?
Listen to The Barefoot Investor — Free Audiobook
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Key Takeaways from The Barefoot Investor
- Discover how to effortlessly manage your finances by automating your income across five distinct, no-fee bank accounts.
- Understand why small, sustainable financial habits are far more effective at building long-term wealth than extreme, quick-fix budgeting.
- Master the 60-20-10-10 income split by allocating your money to daily expenses, a 'fire-extinguisher' debt fund, everyday treats, and holidays.
- Learn how to aggressively eliminate debt by cutting up your credit cards, negotiating lower interest rates, and selling depreciating assets like financed cars.
- Find out how to secure your future using a high-interest 'Mojo' account, funded entirely by extra income and completely untouched until retirement.
Learning Tools
Reinforce what you learned from The Barefoot Investor
Mind Map
The Barefoot Investor
Mindset & Philosophy
Overcoming Excuses
Psychology of Wealth
The Automated 5-Account System
Daily Expenses (60%)
Treat Account (10%)
Fun Account (10%)
Fire Extinguisher (20%)
Mojo Account
Debt Elimination
Credit Cards
Paying it Off
Investing & The Grow Bucket
Index Funds
Long-Term Perspective
Long-Term Wealth & Family
Home Ownership
Family Benefits
Quiz — Test Your Understanding
Question 1 of 7
According to the book, what is the most effective approach to improving your financial situation?
The Barefoot Investor — Full Chapter Overview
Chapter 1: Recommendation
Chapter 2: Everyone can build more wealth with just a bit of smart, careful, sensible planning.
Chapter 3: Bank accounts make your money manageable.
Chapter 4: Eliminate your debts and cut up those tempting credit cards now.
Chapter 5: Go the extra mile saving for retirement—and grab a bucket to invest while you’re at it too.
Chapter 6: When free from financial stress, you and your children can finally live more comfortable lives together.
The Barefoot Investor Summary & Overview
The Barefoot Investor (2017) will give you clear instructions on how better to manage your money. There are simple rules to follow that will ensure your financial security and help you break any dependence on credit.
Who Should Listen to The Barefoot Investor?
- Anyone struggling with debt or credit cards
- Anyone who wants get a foot on the property ladder
- Young people disillusioned with their chances of living a financially comfortable life
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