What to do when your husband loses $57k on crypto
It’s been a scary time on financial markets and Barefoot has some sage advice for a woman whose husband lost big on crypto.
Barefoot Investor
Barefoot’s cracked the Xmas shopping code
Books on financial speculation, the private thoughts of the wisest Roman emperor in history and the best way to change your habits are in Scott Pape’s Santa sack this year.
Barefoot’s tips to beat surging food bills
Food prices have surged a staggering 30 per cent this year and are likely to shoot even higher in 2022. Here’s what you can do to beat the price rise.
Red flag: Why Scott Pape’s not chasing a 17% crypto return
Scott Pape prays for his crypto critics, telling them any investment that offers a 17 per cent yield is a red flag that they are taking on an increased risk.
‘Best of luck’: Scott Pape’s advice to crypto buyers
There are 7773 cryptocurrencies in the world and Barefoot Investor Scott Pape says the vast majority will end up being worth digital diddly squat.
‘Never, ever felt wealthier’: Scott Pape’s best investment
Barefoot Investor Scott Pape has returned from a massive road trip around Australia — which gave him the best investment he’s ever made in his life.
‘Saving money ruined my life’, Barefoot
Saving money can be one of the toughest things to do — and it may not always bring you happiness. It’s what you do with it that counts.
Fit your own safety mask before helping the kids
It’s natural to want to help your children with money but think twice before you dip into your own pockets to help them buy their first home.
How to snap up stocks without buyer’s remorse
As the housing market gets more depressing, Aussies are falling in love with stocks. Learn to lose your stock market virginity — and not regret it.
Barefoot: ‘This may make an accountant’s blood boil’
Scott Pape isn’t sorry he pointed Australians to an ATO tool that could help them. Now he’s found a new way to help build on retirement savings.
Why tax time doesn’t need to be a grind
Most of us dread tax time but while leaning on an accountant can be invaluable for some, many wage earners can safely kick H&R down the block.
Barefoot Investor: How to not bring up a spoilt brat
Money guru Scott Pape says teaching kids from a young age to work hard is essential to avoid every parent’s worst nightmare.
Rich getting richer while young getting nowhere
Young people in this country have the financial odds stacked against them. But here’s how they can get ahead in the game.
How renters are being ripped off
A new “rewards” program is doing the rounds promising renters a great return just for paying their rent. And I’m outraged.
Book some time to invest in yourself
From learning to control your attention span to what Bill Gates calls the best business book he’s ever read, these books will beef up your brain.
Don’t waste time or energy betting on crypto
Our younger years are when we really need to focus on the hustle — so invest in skills that will pay dividends and don’t rely on crypto.
Pays to be a financial wolf and not a stock market sheep
It can pay to look past the ‘herd mentality’ that grips markets and make your own judgments, even if it makes you look stupid at the time.
Invest in your life, not just your bank account
Most of the things society has us chasing won’t mean a thing when we die. One of the world’s greatest investors has revealed the secret to obtaining real wealth.
This policy doesn’t have me dancing on the table
Josh Frydenberg has done a good job with the Federal Budget but he’s created a policy that will lead many into financial insecurity, writes Scott Pape.
The best gift you could ever give your mum
Many people see Barefoot as being about money-grubbing finance, but at its core it’s about how to look after those we love. Here’s the best thing you could do for your mum.
Why switching off makes everyone a winner
The true currency of the internet age is attention, so Big Tech will continue to use psychological tricks to steal more of ours — and now it’s trying to hook us even younger.
Why even a little bit is a sorry joke
Cryptocurrency is a fascinating area but it’s stressful being a gambler. There is no skill involved, and the odds are stacked against you.
Five podcasts that will leave you feeling rich
Podcasts where intelligent people talk about interesting things can leave you feeling really rich. Here are five worth listening to.
How to offer immediate help in a crisis
The “once-in-a-century” floods in NSW are an unfolding financial disaster for many families. But a small donation can make a huge difference in someone’s life.
Why a bank card for your child can be a good thing
Teaching kids about money can be a daunting task, but giving them the responsibility of a bank card may not be so bad.
Don’t let the scammers bring you down
Even the wealthiest people in the world can be hacked. Amazon chief Jeff Bezos has built a trillion-dollar internet business but managed to click a dodgy link, so take precautions, writes the Barefoot Investor.
Give a little, it’s good for you
The “science of spending” tells us that we get a bigger kick out of spending money on other people than we do on ourselves. There’s a genuine psychological benefit to being generous, writes the Barefoot Investor.
Recovering from bushfires is a joint effort
Having your money sorted doesn’t give you a free pass on dealing with any of the emotional stuff you’ve been through when a bushfire devastates your life and property, so it’s important to reach out for help, writes the Barefoot Investor.
How bushfire victims can learn to face their ‘new normal’
From insurance disaster and depression to predators and useless gifts, the Barefoot Investor warns bushfire victims what to expect in the coming weeks — and offers a glimmer of hope.
Barefoot Investor’s bushfire trip to help victims
Financial counsellors will be an important part of the bushfire recovery effort, says Barefoot Investor Scott Pape, who lost his own home to fire in 2014.
Why Scott Pape became a financial counsellor
Looking at the devastation left behind by bushfires nationwide, columnist Scott Pape shares a moment where he, too, needed community support. Losing everything to fire was the reason why he became a financial counsellor.
What interest rates will do in 2020
More interest rate cuts are expected in 2020 with never before seen deals. Sophie Elsworth explains what it means for borrowers and savers.
Barefoot Investor’s Afterpay Christmas warning
As Scott Pape films his new TV series to help kids with money and runs his financial counselling training, he has a message for everyday Australians using buy-now, pay later this Christmas.
Give them the gift that lasts forever
Years ago, I cracked the Christmas shopping code and now I give everyone the ultimate present, the gift of books. Here is some inspiration for your Christmas list, writes the Barefoot Investor.
How ignoring the haters is the best revenge
Not all readers are cheering for the Barefoot Investor. Here he reveals some of the angriest emails from the past year, but he doesn’t mind the haters because he just wants to “look after the battlers” — and make his dad proud.
When it comes to wealth, looks can be deceiving
Debt in Australia has become an epidemic — while some people drive around in flash cars, in reality they can’t keep up with the repayments. What we really need is a financial revolution in our schools, writes the Barefoot Investor.
How financial advice can be a lifesaver
Australia may be the second wealthiest country on earth but we also have some of the highest rates of household debts in the world. If you really want to get a handle on your money, you need to focus, writes the Barefoot Investor.
Time to empty your give jar for those in need
Right now the bushfires that have been blazing along the east coast are the biggest story in the country. There are plenty of amazing organisations with their sleeves rolled up helping people who need it most but it’s time for all of us to pitch in, too, writes the Barefoot Investor.
High hopes for a financial super hero
All super funds are about as genuine as an Instagram selfie but this week the game changed when the “Amazon of finance”, Vanguard, announced its intention to set up its own fund Down Under. Stay tuned for a super revolution, writes the Barefoot Investor.
Time to do a financial deep dive on super
In 2017 a third of Aussies were ripped off to the tune of almost $6 billion in unpaid super, according to Industry Super Australia. So don’t trust your pay slip. Instead, trust your super statement, writes the Barefoot Investor.
The ‘Great Dane’ investment that’s still a dog
This term deposit alternative sounded almost too good to be true — until I did some digging into where the money actually went, writes Scott Pape.
Ready to take on the murky world of school banking
I’ve been fighting a $142 billion company, with 50,000 employees, and like all good cliched underdog stories, I’ve finally landed my first punch. ASIC is officially launching an inquiry into school banking, writes the Barefoot Investor.
Barefoot: Big lesson grandparents can teach kids
More than one in three Aussies look to their family for financial advice, and the Barefoot Investor Scott Pape says there’s good reason they should be turning to their grandparents.
The simple saving strategy that banks have ripped off
It’s the strategy that became so popular, even banks are ripping off the idea. This is how you can set up your “buckets” and create a lifelong habit of saving, writes the Barefoot Investor.
Best ways to invest your money as rates fall
The cash rate is expected to be cut another two times — leaving many Aussies unsure of how to save and invest their money right now. SEE WHERE YOU SHOULD STASH YOUR CASH
Time for some financial spring cleaning
The best way to boost your investment returns is by lowering your costs and if your financial adviser is working in your best interests, he’ll agree with you, writes the Barefoot Investor.
Beware the big fat cat funds
Fat cat funds have been licking the cream off investors’ returns for years and the average young worker who has their super with one of the big five could find themselves $200,000 worse off when they retire, writes the Barefoot Investor.
There’s no such thing as easy cash
Great power lies in teaching independent financial education in schools, opening the eyes of kids and making sure they are wise to the loan sharks who prey on the young, writes the Barefoot Investor.
The ultimate present you can give your dad
When our home burned to the ground, my wife’s final memories of her father were lost in the ashes. It’s a tragedy which inspired what I think is the best present you can give your own dad — and best of all, it’s free, writes the Barefoot Investor.
Tim Fischer was the real deal, and we loved him
As with the very best mentors, I didn’t just learn from the advice Tim Fischer gave me — or the many doors he opened for me — but by watching him. Today I want to talk about the difference he made in my life, writes the Barefoot Investor.
Original URL: https://www.themercury.com.au/business/barefoot-investor/page/3