The Wealthy Barber takes the form of a novel, though it wouldn't win many awards for plot, setting, or characterization. The narrator, Dave, a 28-year-old school teacher and expectant father, his 30-year-old sister, Cathy, who runs a small business, and his buddy, Tom, who works in a refinery, sit around a barber shop in Sarnia, Ontario, and listen as Ray Miller, the well-to-do barber, teaches them how to get rich. The friends are at the age when most people start thinking about their future stability; among the three of them, they face almost every broad situation that can influence a financial plan. Ray, the Socrates of personal finance, isn't a pin-striped Bay Street wizard. He is a simple, down-to-earth barber dispensing homespun wisdom while he lops a little off the top. Ray's barbershop isn't the place to learn strategies for trading options and commodities. Instead, his advice covers the basics of RRSPs, mutual funds, real estate, insurance, and the like. His first and most important rule is "pay yourself first." Take 10 per cent off every pay cheque as it comes in and invest it in safe interest-bearing instruments. Through the magic of compound interest, this 10 per cent will turn into a substantial nest egg over time. This book isn't about how to get rich quick. It's about how to get rich slowly and stay that way.
Chilton's common-sense approach has obviously hit home since his book first appeared; with more than 1.5 million copies sold to date, The Wealthy Barber is the best-selling book ever of any kind in Canada. Some of the financial details have been updated in recent editions, but the story and fundamental advice are timeless. It's probably not the last book you'll want to read on the subject, but it's a good starting point for learning about financial planning. --Edward Trapunski
I couldn't put it down! This was one of the best books I ever read! Every person, Canadian or not, should get a copy and read it!Published 9 months ago by Kevin Young
This book is amazing. You think that you know what your doing with your money and future but chances are you really don't. Read morePublished 13 months ago by Susan Detheridge
Investment books are boring. they are long, full of confusing terminology and math, and leave you feeling puzzled. Read morePublished 14 months ago by Hudson
good product in excellent condition. i received within a few days. Thanks! Good for anyone who wants to know a little more about personnal financial planning.Published 17 months ago by Miguel
Quick shipping and packaging was just fine. This is a used book, but is in very good condition which is what they promised. Read morePublished on Feb. 22 2012 by sherrid
The book was taking a few more days than expected to arrive.. So I contacted the seller.. he replied within a couple hours, asking me to confirm my mailing address in order to send... Read morePublished on July 9 2010 by Alex Turcot