How Barefoot Investor helped Aussie mum save thousands of dollars amid cost-of-living crisis

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A thrifty mum has detailed how the Barefoot Investor helped her save tens of thousands of dollars on family holidays and cost-of-living expenses. Kirstin Edwards, 37, from Victoria, considers herself a “barefoot traveller”, and credits international best-selling author Scott Pape’s financial advice book for changing her life. “Following his methods, I became very disciplined in only spending what I earn, and living frugally,” she tells 7Life.

“A recent example from Bali was $52 verses $21 for our family to eat in an equivalent restaurant, minus the view.” She also suggests stocking up the fridge with beer, wine and soft drink from the shops rather than paying more at the hotel or out and about. Although this may be a controversial tip, Kirstin says she likes to “give the school holidays a swerve due to expenses”, or she travels a day or two on either side. Another saving tip includes “not getting fixated on a destination”.

 

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