The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich
| Author | : | |
| Rating | : | 4.66 (950 Votes) |
| Asin | : | 0767923820 |
| Format Type | : | paperback |
| Number of Pages | : | 272 Pages |
| Publish Date | : | 2018-01-23 |
| Language | : | English |
DESCRIPTION:
But, for those just starting with financial planning, Bach provides a host of resources to put recommendations into action. 401(k)s or IRAs) to set aside a fixed, monthly sum of money before considering what is left for living expenses. Despite its sensational title, David Bach's The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich is not a get-rich-quick guide. Bach, in fact, calls his model the "tortoise approach" to becoming wealthy by retirement age. Bach insists that "regardless of the size of your paycheck, you probably already make enough money to become rich." But his claims that his plan requires "no budget, no discipline," is a bit disingenuous. The "automatic" part of the title comes from Bach's emphasis on using automated payroll deductions to avoid the temptation of using the money to pay today's bills. In the end The Automatic Millionaire does not offer much
This one little book has the power to secure your financial future. 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 budgetYou don’t need willpowerYou don’t need to make a lot of money You don’t need to be that interested in moneyYou can set up the plan in an hourDavid Bach gives you a totally realistic system, based on timeless principles, with everything you need to know, including phone numbers and websites, so you can put the secret to becoming an Automatic Millionai
Bought for daughter graduating college M. Sullivan Just bought for daughter about to graduate from college. My hope is that she will take the message of this book to heart and set up a 10% (I'm going to push for 15%) automatic savings into a Roth IRA once she gets her first professional job out of college. If she does so, she will be giving a tremendous gift to her future self.I have been saving this way for decades "set it and forget. Amazon Customer said Great read will suggest to others. Excellent book. Expected it to be fluff but I was surprised how simple the book was to follow. Helps dumb down reaching financial independence . I'm not yet a homeowner but after reading this it excites me for when the time comes. I'll be applying the mcintyre's approach. Personally still prefer Dave Ramsey approach but I think Bach makes some excellent points that helps makes sure yo. "Automate Your Financial Life for a Happy Easy LIfe" according to Debbie D.. Have always loved this book and reordered it again for either the Automate Your Financial Life for a Happy Easy LIfe Have always loved this book and reordered it again for either the 3rd or Automate Your Financial Life for a Happy Easy LIfe Debbie D. Have always loved this book and reordered it again for either the 3rd or 4th time. Every time I loan it out rarely does it come back. I like how honest he is that he came across this system from a couple that came to see him. David Bach breaks it all down into very easy steps. The bottom line is if you automate your paycheck, bills and financial goals then your life becomes much easie. th time. Every time I loan it out rarely does it come back. I like how honest he is that he came across this system from a couple that came to see him. David Bach breaks it all down into very easy steps. The bottom line is if you automate your paycheck, bills and financial goals then your life becomes much easie. rd or Automate Your Financial Life for a Happy Easy LIfe Debbie D. Have always loved this book and reordered it again for either the 3rd or 4th time. Every time I loan it out rarely does it come back. I like how honest he is that he came across this system from a couple that came to see him. David Bach breaks it all down into very easy steps. The bottom line is if you automate your paycheck, bills and financial goals then your life becomes much easie. th time. Every time I loan it out rarely does it come back. I like how honest he is that he came across this system from a couple that came to see him. David Bach breaks it all down into very easy steps. The bottom line is if you automate your paycheck, bills and financial goals then your life becomes much easie