![]() ![]() Roy (and thus Chilton) is not as harshly anti-debt as some other authors, like Dave Ramsey. Subsequent chapters discuss wills and life insurance, RRSPs, buying a home, income tax and saving and spending. ![]() The basis of the book is Roy's advice to "save 10 per cent of all that you earn and invest it for long-term growth." In that, it draws from the advice first set forth in The Richest Man in Babylon. This advice paved the way for Roy's accumulating wealth. White, one of the town's wealthiest men, and asked for advice on financial planning. He ended up taking over his father's barber shop. As a young man, Roy had planned to become a lawyer, but those plans were derailed. ![]() The story is set primarily in Sarnia, Ontario, where Roy has been operating a barber shop for several decades. In addition to these individuals, Roy also shares his financial knowledge with the customers of his barber shop. Each month along with their lessons the three students are required to start carrying out the actions prescribed by Roy. Each chapter of the book describes a different visit and a different element of financial planning. The book is structured around a story of three people in their late 20s visiting Roy, the title character, for lessons in financial planning. ![]()
0 Comments
Leave a Reply. |
AuthorWrite something about yourself. No need to be fancy, just an overview. ArchivesCategories |