Canadian Capitalist Logo Dark
No Result
View All Result
Tuesday, July 8, 2025
  • Login
  • Register
  • Home
  • Economy
  • Investing
  • Markets
  • Real Estate
  • Retirement
  • Tax Savings
  • Trivia
  • Resources
Subscribe
Canadian Capitalist Logo Light
  • Home
  • Economy
  • Investing
  • Markets
  • Real Estate
  • Retirement
  • Tax Savings
  • Trivia
  • Resources
No Result
View All Result
Canadian Capitalist Logo Mobile
No Result
View All Result
Home Uncategorised

The Wealthy Barber is Returning Soon

by Ram Balakrishnan
July 6, 2011
Reading Time: 2 mins read
125 8
0
at what age does an rrsp have to be converted to a rrif
152
SHARES
1.9k
VIEWS
Share on FacebookShare on TwitterShare on Linkedin

Long before J.K.Rowling and Steig Larsson became publishing phenoms, Dave Chilton’s The Wealthy Barber sold an astonishing 2 million copies in Canada alone. To put that in perspective, a book that sells a mere 5,000 copies is considered a best seller. The Wealthy Barber offered down-to-earth, simple financial advice: live within your means, pay yourself first and invest your savings wisely. Unfortunately, Dave’s message may not have sunk in fully because our debt levels are sky-high, our savings rate is very low and our investment returns are far from satisfactory.

In the two decades since its publication, Dave has met thousands of people and has taken a close look into their financial plans (If Dave is anywhere near, you’d be wise to “misplace” your financial and brokerage statements) to try to figure out where his original message went off script. He has distilled his findings into a 200-page or so book titled The Wealthy Barber Returns: Significantly Older and Marginally Wiser, Dave Chilton Offers His Unique Perspectives on the World of Money that will be hitting the store shelves this fall.

The new book is structured as a series of essays (unlike the first book’s “novel” format) allowing the reader to work their way through the book in a non-linear fashion. Dave is a gifted writer to begin with but he also revises his material numerous times after testing it out on readers. The result is a thoroughly enjoyable reading experience (I had a chance to take a sneak peek at the manuscript). More importantly, Dave offers some neat ideas that should “nudge” us to save more, spend wisely, borrow responsibly and invest better. All of this is delivered with sparking wit and peppered with numerous personal anecdotes.

The contents of the new book are under wraps but you can find the first chapter on The Wealthy Barber website. The Toronto Star published an excerpt from the book last fall on how spending begets more spending.

Related posts:

  1. Finding a Financial Advisor, Part 1
  2. Carnival of Debt Reduction # 19
  3. The Income Tax Cut is Better
  4. This and That
Share61Tweet38Share11

Get real time update about this post categories directly on your device, subscribe now.

Unsubscribe
Previous Post

Sleepy Portfolio 2Q-2011 Report Card

Next Post

A Blanket Ban on RRSP Swaps is a Bad Idea

Ram Balakrishnan

Ram Balakrishnan

Related Posts

Why you cant afford a house in Canada

Why You Can’t Afford A Home In Canada?

January 24, 2022
558
investing benefits
Investing

Finding a Financial Advisor, Part 1

June 19, 2021
2.2k
investing in bitcoin

Is it time to invest in Bitcoins again?

May 13, 2019
2k
when do reits liquidate
Uncategorised

Performance of Currency-Neutral S&P 500 Index Funds

January 19, 2014
2k
is mortgage interest tax deductible
Uncategorised

The 2013 Sleepy Portfolio Report Card

January 12, 2014
2k
how to buy individual stocks in canada
Uncategorised

Asset Class Returns for 2013

January 5, 2014
2k
Next Post
how fixed annuities work

A Blanket Ban on RRSP Swaps is a Bad Idea

Please login to join discussion
Canadian Capitalist

© 2022 Canadian Capitalist

Navigate Site

  • Home
  • Disclaimer
  • Privacy Policy
  • Advertisement
  • Contact Us

Follow Us

No Result
View All Result
  • Home
  • Economy
  • Investing
  • Markets
  • Real Estate
  • Retirement
  • Tax Savings
  • Trivia
  • Resources

© 2022 Canadian Capitalist

Welcome Back!

Sign In with Facebook
Sign In with Google
Sign In with Linked In
OR

Login to your account below

Forgotten Password? Sign Up

Create New Account!

Sign Up with Facebook
Sign Up with Google
Sign Up with Linked In
OR

Fill the forms below to register

*By registering into our website, you agree to the Terms & Conditions and Privacy Policy.
All fields are required. Log In

Retrieve your password

Please enter your username or email address to reset your password.

Log In
This website uses cookies. By continuing to use this website you are giving consent to cookies being used. Visit our Privacy and Cookie Policy.
two man and woman standing on doorway
The man who does not read has no advantage over the man who cannot read - Mark Twain