Ironically enough, David Chilton did something he would never advise a client to do: he cashed out his RRSPs early to help fund his dream.
In his case, the dream was to write a book: The Wealthy Barber. Thankfully for him, the risk paid off — countless times over.
Released 36 years ago, The Wealthy Barber helped a generation of readers understand money management and sound investing strategies. At last count, the personal-finance guide has sold more than 2.1 million copies.
Chilton’s iconic book is still on the shelves — but with a fresh rewrite for a new generation. Released Nov. 4, 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.
David Chilton is our guest on tonight’s Closer Look podcast.
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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