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The Wealthy Barber

the Common Sense Guide to Successful Financial Planning
Oct 17, 2012Margaret_L rated this title 4 out of 5 stars
This one of the best introductions to personal finance that I've ever read (The Millionaire Next Door is also excellent). It's especially nice that it is written by and for Canadians. If you follow Chilton's top two recommendations (save 10% of everything you make for long term growth, max out your RRSP) you will be well prepared for anything life throws at you, regardless of your personal income. Personally, I found the structure a bit hokey (it's told in a novel format, which might be a bit off-putting at first if you're a sophisticated investor), but the story is told in such an engaging way that I got over my initial dislike fairly quickly. The content is solid, and I would recommend this book to anyone, but especially to younger or less experienced investors. The material is presented in such a straightforward manner that I think most middle schoolers could grasp the concepts discussed. This should be mandatory reading for every high school student in Canada!