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The Automatic Millionaire by David Bach (2003, Hardcover) 
The Automatic Millionaire by David Bach (2003, Hardcover)

 
The Automatic Millionaire by David Bach (2003, Hardcover)

Author: David Bach
Publisher: Broadway Books
Publication Date: 2003-12-01
Language: English
Format: Hardcover
ISBN-10: 0767914104
ISBN-13: 9780767914109
Product ID: EPID2333135
Description: In THE AUTOMATIC MILLIONAIRE, popular financial writer David Bach champions automated transactions and a slow, gradual approach to wealth accumulation. Bach suggests making use of automated payroll deductions for pre-tax retirement funds...
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  Automatic Millionaire CHanges Lives and Wakes Americans
Review created: 04/08/06
4 of 7 people found this review helpful.

I first ran into the Automatic Millionaire HOmeowner book in the airport. I never pay for books that way and always order them discounted on Amazon--but i was unorganized and needed something to read for the layover. I have just received the Automatic Millionaire and read it in one day! It's easy reading but great tips and ideas. Some of the information is basic. Yes we need to save. WE all know it but we often feel we don't have any areas to cut back on. It's a great reminder of the Latte FActor which BAch uses to show how just cutting back on a Latte or a Bottled Water every day can start giving you money to save. He also tells you how to call and tell the Credit Card company that you do expect a lower rate or you have other offers. If you read alot of other financial books-The ideas that set this and all of Bach's books apart from those is the idea that this is not a 5 year plan or a 10 year plan to get rich. This isn't about Flipping properties. It's about slowly investing and saving your income by making it automated so you don't have to work at it. In my opinion I would order the book just for the motivation and reminder to save and live under your means. I've seen Bach as part of a team on Oprah Winfrey and the advice is changing lives and saving marriages. THank you!


Review ID: 10000000000850357
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