The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich

by David Bach

Paperback, 2005

Status

Available

Call number

332.02401

Collection

Publication

Crown Business (2005), Edition: Reprint, 272 pages

Description

What's the secret to becoming a millionaire? In The Automatic Millionaire, David Bach shares 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, who somehow manage to own two homes debt-free, put two kids through college, and retire at fifty-five 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 must 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 to make a lot of money - You don't need a budget - You don't need willpower - You don't need to be that interested in money - You can set up the plan in an hour This one little audio book has the power to secure your financial future. Do it once -- the rest is automatic!.… (more)

User reviews

LibraryThing member benbr
Yes, it does seem to work. The catch is that you have wait 30-40 years. Pretty obvious in a lot of ways, and I figured out I was already doing everything he recommended. But it was encouraging, and I would totally recommend it to someone totally new to the idea of saving (like a teenager).
LibraryThing member horacewimsey
Not everyone is able to play the stock market like Warren Buffett. This approach is a good and safe way to make some money.
LibraryThing member fujieddo7
everyone has got to read this book!
LibraryThing member pam.enser
blah....i tried to get through this, but it sounded like he was repeating himself the whole time and had waaay too much enthusiasm.
LibraryThing member dukefan86
It's been a few years since I've read this book, but I remember being impressed by the advice to automate your finances, and I've done that to an extent. I could probably benefit from a re-read of this one, but it would have to get in line behind so many others on my to-read list.
LibraryThing member capiam1234
David Bach puts forth what many of us learn from teachers, financial advisors, and parents into simple and straight forward methods. Add to that the examples and charts help emphasize the importance of following his advise, which is where many advisors, parents, etc have failed to do for many of us.
LibraryThing member smcamp1234
David Bach puts forth what many of us learn from teachers, financial advisors, and parents into simple and straight forward methods. Add to that the examples and charts help emphasize the importance of following his advise, which is where many advisors, parents, etc have failed to do for many of us.

Language

Original language

English

Physical description

272 p.; 5.2 inches

ISBN

0767923820 / 9780767923828

UPC

872432000381
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