Articles & Questions
Every week I publish a fun new article on a money topic I think you’ll find interesting. I also answer a handful of reader questions. Subscribers to my newsletter get to see everything first — but you can browse some of my past articles & questions on this page.
My Best Articles
Not sure where to start? Below I’ve handpicked a few of my favourites. And if you like what you see, don’t forget to subscribe to my free newsletter to get new issues before anyone else!
Search Articles
You’re a Shocker, Barefoot (Part 2)
Scott, Your article ‘Prisoner’s Last Chance’, about the prisoner coming into a six-figure sum of money, is the most disrespectful article I have ever read. You tell the guy “good on you for learning how to manage your money” and give him advice on how to invest, then gloat about how you donated your books to prisoners.
Scott,
Your article ‘Prisoner’s Last Chance’, about the prisoner coming into a six-figure sum of money, is the most disrespectful article I have ever read. You tell the guy “good on you for learning how to manage your money” and give him advice on how to invest, then gloat about how you donated your books to prisoners. How shallow are you?
What about telling him to clear his conscience and pay back the money he probably stole from victims, or compensate those he has offended against. Come on! I’m disgusted in you not telling him to give his six-figure sum to victims he most likely never had the mind to compensate.
I challenge you to say in one of your articles that you offered wrong advice on this matter and should have told the person in prison to compensate those he did wrong by. Bet you won’t.
Ricky
Hi Ricky,
I bet I won’t either, cobber!
It sounds like you (or someone you love) has been wronged by someone, and you’re still bitter and beat-up about it. Here’s how the prisoner described his situation:
“I have spent most of my life in institutions, from boys’ homes to jails (I’m 59). My goal is to have enough money to buy my own home before I die, with no debt and maybe some savings. After all, isn’t that every man’s dream?”
Now, here’s my thinking:
I don’t know what crimes he did … and neither do you.
Though I do know one thing: after doing their time, everyone deserves a chance to put their lives right.
And if he can achieve financial security, he’s more likely to stay straight and not end up back in the clink.
That’ll potentially save the taxpayer the $110,000 a year it costs to keep a prisoner locked up.
That’ll also help keep the community safe.
And it may just give this bloke some peace after a lifetime of pain.
Scott
Prisoner’s Last Chance
Dear Mr Scott Pape, My name is Peter. I am 59 and I have four years left to serve on a five-year prison term.
Dear Mr Scott Pape,
My name is Peter. I am 59 and I have four years left to serve on a five-year prison term. As a prisoner I do not have access to a phone or the internet, so writing this letter is the only way I can get in contact with you.
I have spent most of my life in institutions, from boys’ homes to jails. I have only got a very low level of education ‒ I think I may have finished Grade 6 (am not sure). I need a lot of help with my reading and writing as well as my spelling. Yet recently I read your book and was able to understand most of it. Now I am hoping you could help me.
I have come into some money (just over six figures) which I want to invest while I am doing time, but I am having problems with my bank, NAB. They will not allow me to do electronic transfers from one bank to another while I am in jail. Yet I am afraid to close the account because if they send me a bank cheque it could go missing (that is not unusual for prisoner property).
I do not have any family or friends outside prison who can help me, either. I would love to invest at least $90,000 for the next four years before I get out of jail. My goal is to have enough money to buy my own home before I die, with no debt and maybe some savings. After all, isn’t that every man’s dream? Please help me and write back.
Peter
Hi Peter,
Good on you for learning about how to manage your money.
Having financial security is one factor that will help you stay on the straight and narrow when you get out (and I’ve donated many copies of my book to prisons across the country for this very reason).
Now, I spoke to NAB on your behalf, and they’ve suggested that you write a letter to NAB’s special service:
NAB Resolve
Reply Paid 2870
Melbourne, Victoria 8060
I’d suggest you transfer your money into a term deposit and time it to mature when you get out, and in the meantime spend the next four years mastering an employable skill.
Good luck!
Scott