Let’s Get Blunt About Your Financial Affairs – Book Review and Giveaway

Taxes! While most people hate them, I’m the strange type that enjoys optimizing tax strategies.  Surprisingly, I’m not alone in this.  Fellow blogger, Mark Goodfield from The Blunt Bean Counter, is an expert in the field of tax planning and has put together his first book “Let’s Get Blunt About Your Financial Affairs.”

About the Author

While I know Mark Goodfield as the blogger behind The Blunt Bean Counter, in his professional life, he is an accountant with a bunch of fancy designations after his name (CPA, CA LPA).  The book explains his credentials a bit better:

Mark Goodfield has been a Chartered Professional Accountant for over 25 years.  He is a tax, business and financial advisor who brings a wide range of experience and insight to private corporations, their shareholders/owner managers and individuals.  He is the author of The Blunt Bean Counter, a popular blog that shares advice on income taxes, finance, and the psychology of money.  In 2014, Mark won the Platus Award for the Best Tax Blog in Canada and the U.S.  Mark frequently speaks on financial, tax and estate planning matters for various small business groups and professional associations, and is often quoted by various national newspapers and financial publications.

About The Book

For this book, Mark has put together a collection of his best blog posts.  While you would expect the book to be 100% about tax, it’s actually much more broad than that.

The topics covered include:

  • Executors
  • Inheritances, wills and estates
  • The psychology of money
  • Audits and being audited
  • Tax topics
  • RRIFs and RRSPs
  • Family assets – Dividing, Sharing and Taxing
  • Retirement – How much do I need?
  • Estate freezes
  • The family cottage
  • Proprietorship’s, corporations, holding companies and family trusts

I enjoy Mark’s blunt writing style as it is easy to understand and straight to the point.  I especially enjoyed his piece on “Stress Testing Your Spouse’s Financial Readiness If You Were to Die Suddenly” as I had the same thoughts when I wrote “Letter to My Wife – How Our Finances Work.”  Mark is one of those guys that just “knows a lot of stuff” and is one of the first people I think of when I have a tax question.

Want a Free Copy?

As you can see from the picture I took above, Mark gave me three copies of his book.  I’m keeping one for my bookshelf, but giving away the other two.  Who wants in?

I am offering Million Dollar Journey readers the chance to win a free copy of the book (2 copies available).  The details are below:

  1. Tell me about one of your financial achievements thus far in 2015 in the comments. (+1 entry)
  • Only one comment entry per person (valid email addresses only please – privacy policy).
  • Giveaway will end Sat 5pm EST Nov 28, 2014 and the winners, drawn randomly, will be contacted shortly after!

Good luck!

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Posted in
Frugal Trader

FT

FT is the founder and editor of Million Dollar Journey (est. 2006). Through various financial strategies outlined on this site, he grew his net worth from $200,000 in 2006 to $1,000,000 by 2014. You can read more about him here.
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Art
5 years ago

Max out 401k and roth ira this year is my goal

Sandra
5 years ago

My best financial success this past year was to max my TFSA (yes all $10,000 worth), plus I maxed my RRSP contributions.

John Neale
5 years ago

Managed to keep maxed on TFSA even though on pension

Glenn
5 years ago

My top financial achievement this past year has been to get set-up an online, discount brokerage account for my 11 year old Son. He has become more interested in saving Christmas and Birthday money he receives to purchase stocks; something that I believe will serve him well in the future. I only wish someone had shared this with me when I was his age!

Scott
5 years ago

Sounds like a book that I’d like to read. I managed to hit six digits invested this year!

Mitch
5 years ago

This was a big year for us financially as my wife and I both retired at 32. RRSPs, TFSAs, and kids RESPs are maxed out. Bought a new house with no mortgage and we just had our second child. This book sounds very interesting, I’ll have to check it out at the library.

Hetty
5 years ago
Reply to  Mitch

Hey Mitch, that’s what I did too..the library in Calgary doesn’t have it, but I requested it to order. Sounds like you did pretty well for you and your family!

Thisbe
5 years ago

This year I have maxed out my monthly mortgage payments.

Jeff
5 years ago

I’d love love free copy of the book! This year me and my wife maxed all of our rrsp,tfsa, resps. We are also looking on putting a lump sum on the mortgage before years end.

Len
5 years ago

Thanks for the review. Been of a fan of his blog for a while but did not know he was writing a book.

My big financial achievement this year is making a budget (using YNAB) and sticking to it. Getting a control over my finances has not only been rewarding monetarily but it also feels great to know where the money is going every month and to see the savings start to accumulate.

Harry
5 years ago

This year, I finally reached my target asset allocation.