CAITLIN’S BOOK REVIEW
Caitlin Mason can be contacted via email caitlin@ambleside.net.au
There are lots of books written about personal finance and they mostly contain the same message packaged in different ways. Often the author’s skill is less about what to do but more about out how to do it.
That’s why it’s well worth reading several books on the topic as you might find one that especially resonates with the way you think. Over the past 12 months the team has read three books by Australian authors that we all thought had something to offer: The Barefoot Investor, Money & Mindfulness, Get Rich Slow.
We have all three of these books in the office so feel free to pop in and borrow a copy if you would like to have a read.
If you have any suggestions or books you are reading at the moment feel free to let us know!
The Barefoot Investor. Scott Pape has a huge media profile and his book covers the basic concepts of cashflow, banking structure, super and insurance. This is an easy read and presents a great action plan for reviewing your finances.
Scott places a strong emphasis on taking charge of your personal finances by eliminating debt, living in the present and retiring in peace. Scott has also written several follow up books that focus on family finances.
Money & Mindfulness. This is one of the many books Lisa Messenger has written over the years. She is a Sydney based entrepreneur who started her own successful print company in the middle of the internet boom. She provides an insight into her thoughts around money and the stigma attached. A great read that may challenge the way you think about money.
Get Rich Slow. Sarah Riegelhuth is a Financial Adviser based in Melbourne and this book outlines the fundamentals of finance using her own experiences and mistakes. A light read for anyone new to finance who wants to get their head around the basic topics.