'It's a movement': how the Barefoot Investor changed what's in our wallets

Scott Pape subverted traditional publishing and his money guides became bestsellers. Now he’s helping kids fill their piggy banks

When do you know someone’s made the leap from being a run-of-the-mill financial adviser to changing the culture of an entire country?

Perhaps it’s when you go out for dinner with friends and when the bill comes, half the table chuck in those Orange ING debit cards with the word “splurge” written on them in texta. Or perhaps the critical moment is during the recent banking royal commission when Hostplus chief executive David Elia refers to the “Scott Pape” effect, in which the recommendation of one man resulted in so many people transferring to the super fund it saw an increase of $2.5bn funds under management.

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from The Guardian https://ift.tt/2SxRsjw
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