Scott Pape

The Barefoot Investor

1. IDEA 1

   Simple steps to financial calm

   Pape lays out a series of steps, called the Barefoot Steps, for Australian readers to organise their money. He promises a simple system that does not require constant attention. The tone is friendly and blunt.

2. IDEA 2

   Divide income into buckets

   Pape suggests splitting income into separate accounts for daily spending, fun, emergencies and long-term goals. Each bucket has a clear purpose, which reduces confusion and guilt. The system is easy to follow.

3. IDEA 3

   Mojo money brings peace

   Pape describes a Mojo account, savings set aside for emergencies. Having this cushion gives people confidence and protects them from panic when problems arise. He suggests a set amount for this.

All 8 ideas from The Barefoot Investor →