Description
This is the book that has changed more Australian financial lives than any other.
Making Money Made Simple sold over a million copies, stayed on the bestseller list for a record nine years, and was voted into the Top 100 Most Influential Books of the 20th Century. But the numbers only tell half the story. What they don’t show is the decades of letters from readers who picked up this book in their twenties, followed it, and are now debt free, financially secure or retired years earlier than they expected.
That’s not an accident. This book was never written to impress other experts. It was written to be understood, and acted on, by ordinary people with no financial background at all.
Now fully revamped, with an updated chapter on first home buyer incentives, Making Money Made Simple still does what it has always done best. It takes budgeting, investing, borrowing, property, shares and superannuation, and lays them out in plain language, with real examples and no jargon.
Inside, you’ll learn:
- How to build a budget you’ll actually stick to, and why most budgets fail
- How compound interest works, and why starting early matters more than starting big
- The essentials of investing in shares and property, without needing to become an expert
- The difference between good debt and bad debt, and how to use borrowing to build wealth rather than destroy it
- How superannuation fits into your overall financial plan
- The latest first home buyer incentives, and how to make the most of them
“I first found it in the local library, the red book with the $20 note photo. I migrated from Fiji in 2001, and that book changed my life. Over the next 24 years I studied and worked my way up, from enrolled nurse to hospital supervisor. With each promotion came knowledge, wealth and achievement. I invested wisely and made sure every dollar had a job. Now, at 49, I’m helping my kids buy their first homes, and I’ve built a healthy superannuation balance of $492,589, thanks to your advice on concessional contributions.”
— Noel News reader
That’s one story among thousands. Another reader bought his first shares in 1988 after reading it in his twenties, and retired around 60 with well over a million dollars. Another read it with his brother in 1989 and now runs a debt free small farm with a growing rental income. The book hasn’t changed because it works. What’s changed is that every edition brings the numbers, the rules and the strategies fully up to date, so it works for today’s Australia, not the Australia of the 1980s.
If you only ever buy one book about money, this is the one.
