Australian financial whiz, Patrick Canion, provides a semi-autobiographical book, outlining his win/lose relationship with money through his life, from his childhood pocket money to being an award-winning financial advisor.
Like any good autobiography, his style is relaxed and enjoyable to read, while hitting home when it needs too. He uses his own experiences to provide first hand examples of how his relationship with money has evolved throughout his life and to demonstrate each of the lessons outlined in his eight overarching rules to obtaining financial freedom.
Canion hasn’t always been successful and he makes a point of discussing failure, bad investments and playing the market. He breaks down a lot of stereotypes about how we think about money, how the financial sector works and, most surprisingly, how you can still pursue your dreams and find self-fulfilment without becoming rich. He discusses cash flows, pivot points, shares, retirement, estate planning, business partnerships, debt, redundancy, property investment and a whole range of other common issues that we face during different times of our life. His comparisons between investing in property or superannuation are particularly interesting. Canion has a knack of explaining himself in layman’s terms.
The chapters are brief and often include a checklist at the end for quick reference in the future. At less than 200 pages, More Than Money doesn’t waste words. There’s a lot of information to absorb, with even Canion’s reminiscences providing valuable pointers.
Like most people, the thought of studying finances makes me either tremble with fear or slip quietly into a coma, depending on how much coffee is keeping me awake. Canion’s commendable book is a great read. He’s affable, interesting and up-front. Even if you choose not to follow his advice, you’ll be richer from having read More Than Money.
Reviewed by Rod Lewis
Rating out of 10: 9
Distributed by: Amazon.com.au
Released: May 2018
RRP: $9.99 eBook