Author David Chilton, one of Canada’s leading personal finance experts, stopped by Village Media’s ‘Closer Look’ podcast this week to talk about the newly released updated version of his iconic book
Released 36 years ago, The Wealthy Barber helped a lot of Canadians learn the fundamentals of money management and sound investing strategies. At last count, the iconic personal-finance guide has sold more than 2.1 million copies.
David Chilton’s book is still on the shelves — but with a fresh rewrite for a new generation. Released earlier this month, the updated version explores a lot of subjects that simply didn’t exist back in the late-1980s, including TFSAs, FHSAs and the massive impact of social media on people’s spending decisions.
Chilton stopped by our Closer Look podcast earlier this week to talk about the new edition of his book, and a whole lot more. Along the way, he revealed what he considers one of the biggest financial mistakes people make.
“There is one area I am pretty judgmental on, and that’s what a lot of people spend on cars,” Chilton said. “That’s one thing I think all of us have to take a closer look at. But I’ve almost given up a little bit on that because I’ve been preaching this for 20 to 30 years and don’t seem to be too impactful.”
You can watch our full interview with the author of The Wealthy Barber HERE.
Hosted by Village Media’s Michael Friscolanti and Scott Sexsmith, and produced by Derek Turner, Closer Look is a new daily podcast that goes way beyond the headlines with insightful, in-depth conversations featuring our reporters and editors, leading experts, key stakeholders and big newsmakers.
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Podcast hosts Scott Sexsmith (left) and Michael Friscolanti, Editor-in-Chief of Village Media.