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The Wealthy Barber Book Review

Essay by   •  February 14, 2012  •  Essay  •  1,908 Words (8 Pages)  •  1,989 Views

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A lot of David Chilton's new book, The Wealthy Barber Returns, is devoted to a basic message that could help a lot of people and fix some of the country's most pressing financial problems.

Dave Chilton's new book, The Wealthy Barber Returns, offers unique perspectives on the world of money. Dave has proved time and time-again that the littlest of savings can have a huge impact on your life thus helping you and a lot of people fix their unyielding financial problems.

Mr. Chilton thinks people are spending too much money and he wants them to cool it so they incur less debt and have more money to save for retirement. It sounds like a simple solution to a complex problem, but Mr. Chilton has a way of making the simple approach work.

Mr. Chilton believes people are spending too much money and he wants them to control their expenses so they have less debt and have more money to save for retirement. Its often not simple as it sounds. Simple the equation more practice is involved to master it. Dave has found a way to make this simple approach work.

His first book, The Wealthy Barber, has sold more than two million copies since 1989 by reducing smart money management to a practical concept called paying yourself first. Just take 10 per cent or more of your gross pay and save or invest it.

In 1989, Dave released his first iconic book "The Wealthy Barber." It went on to sell an astonishing more than two million copies in Canada and Dave has never looked back since. Dave also published the best selling cookbooks Looneyspoons, Crazy Plates and Eat, Shrink & Be Merry! along with authors Janet and Greta Podleski.

Mr. Chilton is back with a new book that covers much of the same ground as The Wealthy Barber, but with fresh perspectives based on his experiences talking to people about how they manage money.

Dave's new book abstracts the same ground of information as The Welathy Barber, but with renewed outlooks by talking to people and learning how they manage there basic household accounts.

Mr. Chilton speaks in his own voice in the new book, not through the fictional cast of characters he used last time. He strikes just the right tone as a witty regular guy who happens to know a lot about money and is glad to share.

Mr. Chilton speaks first person in the new book, striking the right tone as a witty average Joe who knows a lot about managing money while being humble, informative and witty at the same time.

The book is built on a series of short, very readable chapters on topics that range from lines of credit and credit cards to a look at whether it's better to save in a registered retirement savings plan or tax-free savings account. The best material is on spending, though.

The Wealthy Barber, is fairly an easy read consisting of short, readable chapters on topics that range from lines of credit and credit cards to a look at whether it's better to save in a registered retirement savings plan or tax-free savings account. The best material is on spending, though.

Mr. Chilton doesn't come out and say it, but it's fairly obvious that he thinks people are too materialistic and self-indulgent. To quote one of his chapter titles, they're "consumed with consumption."

Dave's writing skills are commendable as its honesty at its best. One of my favorite topics in the book, "Consumed with Consumption" explains the materialistic and self-indulgent objects we critics buy not knowing if we're putting are money into good use.

There's no simple solution to the issue of overspending, but Mr. Chilton does try. He urges people to try saying "I can't afford it" as a way of extricating themselves from peer pressure to spend money, and he warns that we live in a world where "almost everyone wants you to spend as much as possible."

Millions of books are released worldwide and there's no simple solution to the issue of overspending. Dave try's his best and convinces the audience that there's no shame in saying "I can't afford it." It removes you from peer pressure to spending money you don't want to. And he does this by telling us that we live in a world where "almost everyone wants you to spend as much as possible."

There are fresh insights in the book, too. For example, Mr. Chilton believes credit cards may cause harm even to people who pay their bills off in full every month. He argues that because paying with plastic is so easy and painless, people are prone to spending more and thereby blowing money they might otherwise have saved.

Coming back to the fresh perspectives Dave enlightens us in the book; the use of credit cards is a hotly debated topic looked upon from different angles. Dave tackles the issue by telling us that even though we may pay our bills on a monthly basis; paying with plastic is so easy and painless, that you're going to be more prone to spending and thereby blowing more money they might otherwise have saved.

Mr. Chilton is one of the great communicators on personal finance and he writes in a way that will hold the interest of people at all levels of financial expertise. Why would you not read this book?

Mr. Chilton has done a tremendous job by intriguing his audience on personal finance and writing in a way that will hold the attention of people at all parallels of financial expertise.

#10. Dave ditches the "novel" format and goes with the pick-any-chapter-and-you'll-be-done-in-20-minutes format.

Usually books on finance are quite lengthy and informative that has a habit of recurring the same information mentioned previous chapters. Dave has done the unusual and ditched the 'novel' format and goes with

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