Since I received the book “Spend Smarter, Save Bigger” for free, I’m going to pass the buck to a lucky reader of You can read about my thoughts on the book in the review that I wrote here.

Now, here is your chance to win this book (retail value of $19.99 + tax)! All you have to do is leave a comment indicating your favorite Canadian personal finance book that you’ve read and WHY.  Limit 1 entry / person.

At the end of next week, March 16th, 2007, I will randomly pick and ship the book to the lucky winner.

This contest may not be of interest to everyone as the book is Canadian based.

Good luck!


  1. Canadian Dream on March 5, 2007 at 7:26 am

    O this is funny. I just put up my review of this book this morning and I’m also giving away a copy. So I guess our readers can have two chances to win.


  2. George on March 5, 2007 at 7:50 am

    Thus far my favorite Canadian finance book is “Why Swim with the Sharks?”. It’s one of the few books that takes a hard look at things like CPP and OAS in the context of retirement planning – most financial advisors just ignore them completely.

  3. Mike on March 5, 2007 at 9:04 am

    My favourite book I’ve read recently was this one – so I don’t need another copy.

  4. James on March 5, 2007 at 9:36 am

    my favorite personal finance book. Thats a tough question as I’ve read a lot of them. I find that most have very similar ideas behind them and tend to regurgitate information so I would say the one that caused me to think the most which is probably the most valuable comment I can give to a book was Derek Fosters Stop Working…here’s how you can. While I had already started down a similar path to Mr. Foster before reading the book I was able to glean some good info from it and some much needed confirmation that I was doing something that might actually work. I’d like to have the opportunity to win this book though as the three blogs I read most often are all recommending it.


  5. Craig on March 5, 2007 at 9:43 am

    My favorite book, and I’ve read a few…is ‘stop working: here’s how you can’ by Derek Foster. This one really clicked for me, and it was a nice paradigm shift from the mainstream advice that most get…


  6. Jeff Mackey on March 5, 2007 at 10:12 am

    I’ll go with The Wealthy Barber, though I also enjoyed Stop Work, Why Swim with the Sharks and several other titles that couldn’t have been as spectacular as I thought since I can’t recall the titles!

  7. Ryan Yu on March 5, 2007 at 10:23 am

    My favorite book would be 2020: New Rules for the New Age by Garth Turner. I’m sort of new to the whole investing/personal finance stuff, so this was actually the first book I’ve read. I found it to be easy to read and a nice introduction for me on the economy, investing, starting a small business, and money management with a Canadian point of view.

  8. Tyler on March 5, 2007 at 10:29 am

    I enjoyed Stop work, why swim with sharks.

  9. Glas on March 5, 2007 at 10:36 am

    my favourite book is wealthy barber. it’s helped me through a difficult period in my life to help me get my finances in tip top shape. it is one of the few books that has literally changed my life.

  10. Leah on March 5, 2007 at 11:40 am

    My favorite book is Personal Finance for Canadians for Dummies. For someone just getting started in investing it was nice to have a clear explanation of what exactly bonds, GICs, REITs, ETFs, equities, etc. all are. Now that I’m beyond the “dummy” stage, I’m looking forward to reading some of the other books posted about here.

  11. Mike on March 5, 2007 at 11:56 am

    Smoke & Mirrors was another one I liked.

  12. bootsie on March 5, 2007 at 1:05 pm

    I’m going to have to go with “The Wealthy Barber” as well. It’s such a simple and straight-forward book that I generally recommend it to everyone (even if they don’t ask ;)). I also really enjoyed “The Automatic Millionaire”. The common thread between these is the optimistic attitude. Even a person drowning in debt could read these books and think “I can do this”. They’re both great for someone that’s just starting to care about their finances. I recommended them both to my sister who’s just about to enter the working world full time.

  13. Jack on March 5, 2007 at 1:08 pm

    The Wealthy Barber was the first financial book I read and is still one of the simplest and most basic books to get you thinking about retirement.

  14. Joel on March 5, 2007 at 2:13 pm

    The Wealthy Barber – it is my favourite because it was the first Financial book that I read. It gave me a good foundation to work from. (I found interesting points in Stop work, and just finished the Smith Manouver)

  15. Bryan on March 5, 2007 at 4:08 pm

    My favourite book was Personal Finance for Canadians for Dummies. I remember reading it right before I graduated university and I thought it did a good job presenting all the basic financial situations that a person encounters. Now some years later being a homeowner, married, and hopefully with children in the near future I should re-read it and will probably learn new information more pertinant to my current situation.

  16. Margot Bai on March 5, 2007 at 4:45 pm

    MDJ – Thanks also for the giveaway contest – I really appreciate the extra exposure!

    I would say that my fav PF book is “The Money Machine: How the mutual fund industry works and how to make it work for you” by Daniel Stoffman (2000). It actually made me laugh out loud! Though I wonder how much of it is true, it was an interesting look behind the scenes in this highly lucrative industry.
    If my number is drawn, just draw again! ;o)

    Please visit my website for more info on Spend Smarter… chapters 1 & 2 are available for free download at

    Thanks and good luck!

  17. Hank on March 5, 2007 at 5:12 pm

    I hate to say “me too” but my favorite is also “The Wealthy Barber”. I like the simple and entertaining presentation of basic personal finance points.

  18. Darren on March 5, 2007 at 5:26 pm

    I haven’t read any personal finance books, as I’m rather new at this field. However, I have been following many of the great blogs (yours included of course!) I have come across, and they have inspired me to work harder at saving money and learning about investing.

  19. Marc on March 5, 2007 at 5:28 pm

    Dianne Nahirny’s book: “Stop Working…Start Living : How I retired at 36 without winning the lottery” is my pick because it shows that all you have to do is decide that you want to retire early and you can. It shows you the difference between wants and needs and makes it clear that if you don’t acheive you goal, you didn’t really want it. It’s very “no-nonesense” in that way. A good read!

  20. RichardM on March 5, 2007 at 7:07 pm

    Stop buying mutual funds turned on the light bulb for me…

  21. T Ford on March 5, 2007 at 8:44 pm

    I don’t know if this counts as a personal finance book, but I’m going to vote for The Lazy Person’s Guide to Success by Ernie Zelinski. He has also written one about early retirement that I’d like to read. Basically, he is completely opposed to working in the traditional sense. How fun!

  22. Middle Class Millionaire on March 6, 2007 at 11:27 am

    So many to chose from… however the one that sticks out in my mind the most is “Stop Working” by Derek Foster. The main reason was his unique approach to retirement planning (focus on cashflow not nest egg) — his total disregard for traditional retirement planning was refreshing.


  23. t on March 6, 2007 at 6:29 pm

    KPMG’s “Tax Planning For You and Your Family”. OK not the most straightforward of all reads but it covered what I needed to know and feels like the reference book I need when I have questions

  24. Ping on March 7, 2007 at 12:35 pm

    Don’t know if this one counts as a “personal finance” book but it’s certainly one of the best with regards to early retirement.

    “Cashing in on the American Dream: How to Retire at 35” by Paul Terhorst. It’s very clear and talks about not only the technical part but also psychological side.

  25. jenn b on March 15, 2007 at 9:14 pm

    The Wealthy Barber was a Christmas gift about 10 years ago. It was at a perfect time for me. I just got married, started a good job. It was one of the best gifts I could have ever received. It was an easy read and made me re-think what track I was on. It made me realize that I don’t need to sacrifice alot to help me be finacially independant. Since reading it, I have adopted some of the suggestions. Its humour and common sense approach, made this a book that was difficult to put down. I have read this book 3 other times and have used it for reference. I have now passed it on to a friend.

  26. […] March FrugalTrader05:00 am4 Comments Congratulations to BOOTSIE for winning the 1st contest held by Bootsie will receive a copy of the book “Spend Smarter, Save Bigger“. […]

  27. Patrick on February 19, 2009 at 1:09 am

    Several favorite Canadian books
    1. Wealthy Barber (classic – must read)
    2. Wealthy Paper Carriers -Cimmer (wish someone would have shown me this when I was 13, though it changed my investing life age 25- still good today)
    3. The power of index funds -Cadsby (simply awesome)
    4. Making money in real estate : Canadian Guide – Douglas Gray (boring but it has it all – and it’s Canadian)
    5. The Money Advisor – Bruce Cohen (excellent overall reference guide)

  28. Bob on February 19, 2009 at 3:57 pm

    My favorite book has been “Why Swim with the Sharks?”. Made me realize what is really need for retirement.

  29. Brian M on February 21, 2009 at 11:29 pm

    I always enjoyed the wealthy barber. Although it did not get into tech specs it gave a nice overview of areas to grow wealth.

  30. Darryl on May 13, 2009 at 6:27 pm

    My favourite? The Wealthy Barber. I know it’s cliche but it started me on the path I’m on today and provides some excellent information. I’ve give it as a gift to every member of my family at one time or another. In short, it’s built the foundation that led me to your site and others like it, so that’s why it’s got a special place in my heart.

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