5 essential books to get your finances in shape this summer

holiday-reading

Chartered Accountants Australia and New Zealand (CA ANZ) have released their summer finance reading guide to help Australians get inspired and set money goals they can stick to in the new year.

“As we wind down after Christmas, it usually means family time, a small break, a time to reflect… and a massive attack on your credit card!,” Julia Quinn from CA ANZ said.

“With a bit of time and a whole pile of new financial motivation (think pending bills in the letterbox) I can’t think of a more perfect time to prioritise your financial goals for the new year.

“The first step on any health plan – financial or otherwise – is research, and we’ve done it for you.

“Here are the five books we recommend to get your finance goals off to a roaring start in 2020.”

The Barefoot Investor: The Only Money Guide You’ll Ever Need (Scott Pape)

Mojo, blow and grow – Australia’s most famous buckets! Scott Pape’s latest version has been fully reviewed and updated for the 2019-2020 financial year.

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This book gives a step-by-step formula to create a simple financial plan to manage your money and get out of debt: one that even the most financially illiterate (or disinterested) person can follow.

                                                                                                             

Spenditude, (Paul Gordon and Janine Robertson)

Spenditude forces you to consider your personal attitude to money. 

This book helps you discover what drives your spending, and then assists you to make simple changes that will help improve your relationship with money.

Top Stocks 2020, (Martin Roth)

 If you are looking at investing your hard-earned money, this book is just what you need: it’s a well-regarded trusted guide for smart investing in the Australian share market.

 This book provides clear and accurate information to help you pick the best stocks and gain the greatest value for your money.

Make money simple again: financial peace in less than 10 minutes a month (Bryce Holdaway & Ben Kingsley)

This book offers a simple 7-step money management system to eliminate credit card debt, pay off a mortgage quickly, and establish financial security.

Retirement Fail: the 9 reasons people flunk post-work life and how to ace your own (Greg Sullivan)

 This one looks at the common ways people who have worked and saved hard, often squander their retirement savings through making bad decisions.

It also offers an experienced CA and wealth manager’s perspective on how to enjoy a financially secure retirement.

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