Budgeting tips for when you’re at Rock Bottom

Scott Pape is one of Australia’s best known money advisors, having helped many thousands of people lift themselves up from financial despair to freedom, through his book “The Barefoot Investor”

In this video, I summarise his key strategies for stabilising your financial situation and slowly progressing from eliminating bad debt, to finally purchasing your own home and then setting up your retirement strategy. I found his advice on Superannuation especially useful.

You can visit Scott’s website and purchase his books here: https://www.barefootinvestor.com/

Disclaimer: This video is for educational purposes only, and is based on my own personal experiences. Please seek professional financial advice before making any important economic decisions. I declare that I have no interest, financial or otherwise in Scott Pape, Barefoot Investor or any associated entities.

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