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Speaker 1: It's a special Will and Woody podcast.

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Speaker 2: Mini. We've got arguably the most spoken of guest we've

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Speaker 2: ever had in a studio right now.

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Speaker 3: Oh Nix's guest calls himself the Barefoot Investor.

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Speaker 2: Quite peculiar.

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Speaker 3: Really.

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Speaker 1: I've known him for years now, and every time I've

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Speaker 1: seen him he's had his shoes on. He's the author

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Speaker 1: of the Only money.

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Speaker 2: Guard You'll ever need.

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Speaker 4: He advises buckets, splooge cards and monthly date nights to

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Speaker 4: discuss your financial plans, something he says he finds.

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Speaker 2: Quite the turn on goodness, I think it's turned.

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Speaker 4: We had an intervention about his idea of romance.

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Speaker 5: Welcome to the show, the Barefoot Investor himself. Who's wearing

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Speaker 5: shoes by the way.

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Speaker 2: Scott Faye, Yes, we do.

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Speaker 5: Good afternoon mate.

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Speaker 3: So you and your wife just go through ledgers when

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Speaker 3: you want to warm things up a little bit.

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Speaker 6: Well, we actually have a date night first Tuesday of

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Speaker 6: every month, which coincides with the RBA Interest Trade announcements.

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Speaker 5: How sexy is that? It just reminds me. But yeah,

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Speaker 5: so guess you're going rather than a bit of healthy debt?

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Speaker 5: Does it like you? Just?

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Speaker 6: Well no, no, that's a turn off for me, turn off,

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Speaker 6: but actually talking about finance with my wife.

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Speaker 5: Yeah, what's your favorite finance word? Like particular, like rebate? Wow,

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Speaker 5: he just took it to a whole level. That can

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Speaker 5: that can have?

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Speaker 6: Look, I think I think dividends is nothing, nothing better

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Speaker 6: than a passive income coming through.

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Speaker 5: About negative gearing, negative.

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Speaker 6: Gear, negative gear is not for me. That is I'm

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Speaker 6: actually going to get out of bed and put my

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Speaker 6: pants on.

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Speaker 5: Wow, pants back. Negative gearing is not good. Wow is

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Speaker 5: all right. But but the.

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Speaker 6: Barefoot invest the only money guy you'll ever need, actually

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Speaker 6: became the best selling Aussie book in history. And so

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Speaker 6: the question would be what do you think I actually

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Speaker 6: beat in order to do that?

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Speaker 2: So before before we before we have a guess as

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Speaker 2: to what beat you? Can we just stop on that

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Speaker 2: for a second, yes, because I'd never like, all of

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Speaker 2: a sudden, I'm out at parties, yes, and people are drunk.

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Speaker 5: What are you guys talking about anyway? We're talking about

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Speaker 5: this guy, the Barefoot Investor. You how can you guys

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Speaker 5: afford cigarettes? Anyway?

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Speaker 2: Oh?

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Speaker 5: I bought him with my joy card. I'm like, oh

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Speaker 5: my god.

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Speaker 1: By the next wanker that whips out an orange card

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Speaker 1: and tells me that they bought something on this thing

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Speaker 1: that this boat, and I was like, honestly.

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Speaker 4: Who the hell is this? Different parties, but I couldn't

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Speaker 4: get rid of you. You were you actually get the book.

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Speaker 4: You're in my family, You're in my relationship.

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Speaker 6: So you don't have like a crazy uncle that bought

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Speaker 6: the book for you.

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Speaker 2: No, No, I had because my brothers were into it,

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Speaker 2: like I just everybody was.

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Speaker 5: You know, I could not avoid you.

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Speaker 2: Do you ever think that writing a book about like

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Speaker 2: how to just sort out your personal finances in by

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Speaker 2: the Way, which, like I've heard it referenced a lot. Yes,

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Speaker 2: seems like quite a simple structure was going to be

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Speaker 2: not the leviathan that.

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Speaker 5: It is now.

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Speaker 6: No, it was in millions of copies. It is crazy,

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Speaker 6: so you never ever expect that to happen. And when

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Speaker 6: it sort of took off, it was it was quite strange.

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Speaker 6: I don't know whether I could do it again, but

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Speaker 6: I'm really proud that it has worked out.

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Speaker 5: I actually said to like in the last.

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Speaker 6: Sort of five minutes before I send it to the publisher,

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Speaker 6: I'm like, you know what I want to do. I

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Speaker 6: want to donate ten percent of my royalties to the

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Speaker 6: Financial Counseling Association. So I'm a financial counselor. If you're

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Speaker 6: in the one eight one hundred double O seven double

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Speaker 6: O seven number, which is the National Debt Helpline, you

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Speaker 6: get to talk to someone like me.

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Speaker 5: It's all free. It's free help.

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Speaker 2: Yeah.

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Speaker 5: So we basically help.

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Speaker 6: People like single mums and will try and help in

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Speaker 6: any way that we can. So I donated ten percent

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Speaker 6: of my royalties to them, which I'm thinking five hundred

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Speaker 6: bucks a few thousand copies, and you just propped them.

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Speaker 6: There's like a gold statue.

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Speaker 5: Shann Adam.

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Speaker 1: We've got the barefoot investor, Scott Pape himself, who is

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Speaker 1: in the studio. He's got a brand new show, a

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Speaker 1: TV show which is on Foxtel tonight. It's called Scott

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Speaker 1: Pape's Money Movement. But look, Scott a somebody who's obviously

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Speaker 1: made a living off being incredibly thrifty and very savvy

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Speaker 1: with your finances. I mean, well done, congratulations.

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Speaker 2: If I'm being totally honest with you, I feel this

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Speaker 2: is a little bit like I'm not sure if you've

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Speaker 2: seen episode one The Phantom Menace, but the Sith are

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Speaker 2: very aware of the fact that Anakin Skywalker is alive

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Speaker 2: and well, and you know he's obviously.

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Speaker 5: Going to be very powerful in the future. It's a

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Speaker 5: deep reference.

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Speaker 2: You're very much the Sith right now, and you should

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Speaker 2: be very aware of.

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Speaker 5: Woody Whitelaw, who is anakin Skywalker.

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Speaker 2: Every dollars a prisoner.

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Speaker 6: And I'm told that this jumper has got holes in it.

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Speaker 5: Wow, what are your thoughts on that? As the barefoot investor?

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Speaker 6: As in the fact that I can see your arm

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Speaker 6: haircial advice, isn't it's a grooming choice that you've decided

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Speaker 6: then No, No, I think it's good.

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Speaker 5: Although no one likes to tight us right.

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Speaker 6: No, you know you don't want to be that miser

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Speaker 6: that you go to the pub with and you're like,

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Speaker 6: you go and you go the round and then while

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Speaker 6: you're all getting beers. Yeah, so you just want to

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Speaker 6: make sure that you don't want to be a tighter.

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Speaker 6: If you do it well, you're flying to the radar, Scott.

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Speaker 6: If you do it well, no one knows.

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Speaker 5: We do know, we can we pick it up. Going

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Speaker 5: to go for a drink of this interview, Scott.

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Speaker 2: Now, let's let's just try and say then we have

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Speaker 2: a quick thrift off here school holidays are coming up.

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Speaker 2: I'm just going to throw you guys in a quick

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Speaker 2: hypothetical here, just throw us around. Hey, you can save

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Speaker 2: some cash in that analogy.

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Speaker 5: To thrift off. Let's kick it off with you, Scott camping.

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Speaker 2: If you go camping with your kids, your family this

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Speaker 2: school holidays, where's the place to save money there?

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Speaker 6: Well, I think that first of all, you're actually just

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Speaker 6: going to the to the paddock in at my farm.

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Speaker 5: Therefore you don't actually even have to drive, no overheads

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Speaker 5: at all. He's done. Well, they're the barefoot investor.

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Speaker 4: Bang.

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Speaker 5: That's really good.

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Speaker 1: Wow, that's really really, really really stamped his authority on

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Speaker 1: this contest.

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Speaker 5: Earlier I thought he'd fold into the night.

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Speaker 3: I don't think I can do the same in my courtyard,

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Speaker 3: my two by four meter courtyard for a camping.

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Speaker 5: What are you thinking then, woods camping for camping? Yeah, yeah, yeah,

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Speaker 5: I mean I think Scot got me in my back.

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Speaker 2: Wow, man, I don't know, mate, you're the one who's

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Speaker 2: the self proclaimed thrift thrift man.

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Speaker 5: So let's move on then, shall we? Theme parks?

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Speaker 2: Obviously, lots of kids are going to be wanting to

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Speaker 2: go to theme parks, you know, you're wetting wilds. Your

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Speaker 2: water World's see world a bit controversial these days, so

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Speaker 2: we won't mention.

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Speaker 5: It parking your farm to you.

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Speaker 3: I mean, sorry, I'm getting competitive, I'm getting competitive.

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Speaker 2: Yeah.

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Speaker 6: I guess what I would say is that we are

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Speaker 6: getting the three park superpass, because I am actually.

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Speaker 5: The superpass, right, Okay, Yeah, So I'm actually.

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Speaker 6: Getting in a winter bago in a few weeks time,

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Speaker 6: four kids, my wife, so six of us traveling three

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Speaker 6: thousand kilometers up to Queensland, and there will be theme

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Speaker 6: parks involved. This may be the most expensive holiday of

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Speaker 6: my life because I may get divorced given that I

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Speaker 6: have my wife and four children tracked for.

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Speaker 5: Like ninety days. Yeah. Just get yourself some good audible

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Speaker 5: audio books, That's what I would recommend. And we're going

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Speaker 5: to bring our own snacks. We're not, We're not. We're

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Speaker 5: not doing the hospital in your own sacks. That's how

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Speaker 5: Tidy touches the touches there.

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Speaker 3: When you put an audio book on Scott, do you

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Speaker 3: chuck on the Barefoot Investors.

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Speaker 5: Magic Parao tree. But we do it.

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Speaker 6: We do it from the library where we're actually we

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Speaker 6: can actually get it for free.

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Speaker 2: Oh nice, Well, the finishing touches here for the Barefoot Investor.

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Speaker 5: All right, crack here.

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Speaker 3: So we all know that theme parks are there are

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Speaker 3: Fairest wheels. Yeah, and people don't know this, but a

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Speaker 3: common issue with Faerires wheels is loose change falls out

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Speaker 3: of your pockets. So for my kids, we spend the

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Speaker 3: entire day stand down to the Ferriss Wheel collecting coins

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Speaker 3: gat stuff.

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Speaker 5: Oh wow, it's great to have you in the Barefoot Investor.

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Speaker 2: Genuinely a pleasure to meet your mate, honestly, congratulations on

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Speaker 2: all your success.

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Speaker 5: See more of the boys on the Full Show podcast.

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Speaker 6: You know you want to