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Andrea Smith FIN 375-02 October 9, 2003 A Quick Cut of The Wealthy Barber The Wealthy Barber was an excellently told story that showed the importance of financial planning for anyone, no matter where they were in their life. Roy, "the wealthy barber", was a very wise man who was able to amass a great fortune from meager beginnings by using good sense and wise investing. David Chilton, the author, was able to show the importance of "paying yourself first"1, the need for wills, saving for the future, proper life insurance, retirement planning, and much, much more. I found the methods for teaching in this novel extremely helpful. I used the term novel deliberately. It was so much easier to understand, and, perhaps more importantly, pay attention to this fictional story than the normal textbook-style writings. The characters all had different situations which called for different investment styles and the "barbershop regulars" offering their...

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