Cost of Living The Wealthy Barber is back
Nov 8, 2025
David Chilton, author of the bestseller The Wealthy Barber, discusses his updated book and shares timeless advice like 'pay yourself first' and the magic of compound interest. Leah Hendry reports on the rising trend of buying Canadian and the nuances of local procurement amid price debates. Danielle Nerman dives into Gen Z's 'vibe investing,' exploring how social media influences their choices, mixing ETFs with speculative stocks. Together, they unravel the complexities of modern investing and consumer habits.
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Buy-Local Works Best As 'Canadian‑ish'
- Buying fully domestic large infrastructure is often impractical due to cost and capacity constraints.
- A pragmatic approach favors requiring partial domestic content and maintenance to capture economic value.
Limit Your Vibe Investing Bets
- If you want to experiment with high-risk "vibe" investments, limit the amount to money you can afford to lose.
- Use cheap learning bets when young since you have time to recover from mistakes.
Book Moved From Bar To Barbershop
- David Chilton originally set the book in a bar and called it The Wealthy Bartender before moving it to a barbershop.
- He found the barbershop setting more realistic and relatable, which helped the book resonate.
