The Index Card: Why Personal Finance Doesn’t Have to Be Complicated

Personal finance really doesn’t need to be difficult. Too many finance books and websites fail to highlight this and make things unnecessarily complicated. In The Index Card: Why Personal Finance Doesn’t Have to Be Complicated, Olen and Pollack do a great job of laying out the basics as simply as possible.

Ironically, the premise of the book is that you only need an index card to cover the important points – not a whole book. It’s a relatively short and easy read though, and does a good job of value-adding to the concepts without dragging things out. If you have the time, I recommended buying the book and reading through in full – if you’re time poor, then just read the summary below!

The 10 key personal finance points:

  1. Save 10-20% of your income
  2. Pay off your credit cards in full every month (and minimise other debt)
  3. Maximise your tax-advantaged savings accounts (e.g. 401(k), superannuation)
  4. Don’t trade individual stocks
  5. Buy inexpensive diversified indexed mutual funds and exchange-traded funds (ETFs)
  6. Hire a fee-based fiduciary (avoid commission-based financial salespeople)
  7. Only buy a home that you can afford
  8. Buy term life insurance, car insurance , home insurance, renter’s insurance and disability insurance
  9. Support the social safety net (Social Security, Medicare, Medicaid etc.)
  10. Keep doing the first 9 points!

Importantly, this book is written primarily for a US audience and thus some points will be less applicable to readers elsewhere. The general principles are the same though!




Honey is a browser extension that automatically finds coupons while you shop online. Honey will save you time and money by rapidly scouring the web for the best discount codes available and applying them to your order.


Step One

Install Honey for your browser (compatible with Chrome, Safari, Firefox and Opera).

Step Two

While shopping online, click the Honey button during checkout. Honey then does all the work for you!


Step Three

Enjoy your savings!

Screen Shot 2018-01-14 at 13.03.02

Other Benefits

Honey provides price history charts and alerts for Amazon, helping you to get the best price possible.

Screen Shot 2018-01-14 at 12.57.48

When you shop at any of more than 3,700 participating sites, you’ll earn Honey Gold. Claim your Gold by clicking “Find Savings” while shopping or by clicking “Activate!” on the exclusive Honey Gold offers on the Offers page. Every 1,000 Gold can be redeemed for a $10 gift card from Amazon, eBay, Groupon, Sears, Target, Walmart and more!

Screen Shot 2018-01-14 at 12.59.15

Honey Travel offers exclusive rates on hotels around the world. These can be accessed by earning virtual HoneyKeys from using the Honey extension. You can compare prices with other hotel sites, like Expedia and Booking, without leaving the site.

Honey supports a huge range of shopping sites in the United States, Canada, Australia, United Kingdom, India and worldwide.

Screen Shot 2018-01-14 at 12.55.22

Join Honey Now!

If you have any trouble with Honey, you can email them at

Terms & Conditions


Screen Shot 2018-01-14 at 13.03.31

The Barefoot Investor: The Only Money Guide You’ll Ever Need

The Barefoot Investor is a refreshingly accessible take on personal finance for Australians. While it can easily be read cover-to-cover in a day, it’s true power lies in carefully following the 9 simple steps Scott Pape lays out in the book. You don’t need to have any background financial knowledge to understand this book and none of the steps require any great investment of time or money.

While the claim to be ‘The Only Money Guide You’ll Ever Need’ is true for the average reader, we have a number of other great books to recommend if you want to take investment to the next level!

The Barefoot Investor: The Only Money Guide You’ll Ever Need

“This book will help you protect the people you love.”
Melissa Doyle, host of Sunday Night

“Follow the Barefoot path or at least consider doing so as soon as possible.”
– Tim Fischer, former Deputy Prime Minister of Australia