What’s the secret to becoming a millionaire? For years people have asked David Bach, the national bestselling author of Smart Women Finish Rich, Smart Couples Finish Rich, and Start Late, Finish Rich what’s the real secret to getting rich? What’s the one thing I need to do? Now, in the newly revised The
What’s the secret to becoming a millionaire?
For years people have asked David Bach, the national bestselling author of Smart Women Finish Rich, Smart Couples Finish Rich, and Start Late, Finish Rich what’s the real secret to getting rich? What’s the one thing I need to do?
Now, in the newly revised The Automatic Millionaire, expanded and updated, David Bach is sharing that secret.
The Automatic Millionaire starts with the powerful story of an average American couple–he’s a low-level manager, she’s a beautician–whose joint income never exceeds $55,000 a year, yet who somehow manage to own two homes debt-free, put two kids through college, and retire at 55 with more than $1 million in savings. Through their story you’ll learn the surprising fact that you cannot get rich with a budget! You have to have a plan to pay yourself first that is totally automatic, a plan that will automatically secure your future and pay for your present.
What makes The Automatic Millionaire unique:
· You don’t need a budget
· You don’t need willpower
· You don’t need to make a lot of money
· You don’t need to be that interested in money
· You can set up the plan in an hour
David gives you a totally realistic system, based on timeless principles, with everything you need to know, including phone numbers, websites and apps, so you can put the secret to becoming an Automatic Millionaire in place from the comfort of your own home.
This powerful little book has the potential to secure your financial future. Do it once–the rest is automatic!
#1 New York Times bestseller with over 1.5 Million Copies Sold
The Automatic Millionaire is one of the most popular financial books of our time. It was a runaway hit when it was first published in 2004, spending thirty-one weeks on the New York Times bestseller list and appearing at at number one simultaneously on the New York Times, USA Today, BusinessWeek, and Wall Street Journal business bestseller lists. It has sold over 1.5 million copies and been translated around the world in over a dozen languages. This is the first update since 2005 and includes updated information on taxes, investments, technologies and apps to automate your financial life as well as David’s latest systems for making the entire process even easier.
){kind=link}
A Fantastic Resource for Beginners This was a great book on personal finance for beginners.If you’re not familiar with the foundations of personal finance and want to start accumulating wealth: this is a fantastic book to get started with. It covers all the basic things you need to know to be successful at managing your money.The main concept is this: you should save at least 1/8th of your total (pre-tax) income. If you have debt (other than a house), pay that off first. Then, in this order, stock your…
but I’m glad I didn’t I almost put this book down after reading the introduction (think cheesy internet marketers circa 1999), but I’m glad I didn’t. I skimmed the whole book in under an hour, and put my highlighter to good use. I dog-eared about 30 pages, which is a LOT for one book! I know, I know, all the book lovers are going to cringe but I’m a dog-earer and highlighter. 🙂 Anyway, the book is great. The concepts ARE very simple but obviously you aren’t using them or you wouldn’t be buying a book about being a…
This is a good book. It is more for beginners that are … This is a good book. It is more for beginners that are not familiar with automated investing/dollar cost averaging. It does provide a good plan to get people started. The pay yourself first principle is relatively basic but the automation piece detailed in this book is a good tool to help get people started on the right path. Low cost index funds are also a good way to diversify and passively invest. Overall this book is a good place for someone looking to start investing for their future.