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The Automatic Millionaire by David Bach (2005, Paperback, Reprint)
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Author: David Bach
Publisher: Broadway Books
Publication Date: 2005-12-27
Language: English
Format: Paperback
ISBN-10: 0767923820
ISBN-13: 9780767923828
Product ID: EPID46985966
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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Good for the beginnerReview created: 12/09/07
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) 
3 of 3 people found this review helpful.
If you are completely clueless of 401ks, IRAs, mortgages, etc. then this book is for you. It gives you percentages of what the sweet spot is in terms of saving amounts. For example, it's don't max out the 401k if you are lower middle class or if you have high consumer debt. The workbook is good as well, in fact, I think the workbook is the same as this book with fillable sheets in between pages, so if you can only afford one, get the workbook.
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An excellent book to get you thinking about your futureReview created: 02/16/07
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) 2 of 3 people found this review helpful.
I bought this book a few months ago and finished it in two readings. It is a very easy read and David Bach does an excellent job in making the usual boring financial material very interesting to read. The book really made me look at where I was spending my hard earned money and free up extra income that I never knew I had. Whether you are new to looking at your finances or fairly experienced, I think you'll find something in this book. Highly recommended!
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GreatReview created: 04/29/09
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) Arrived promptly and was on real good condition. Awesome!!!!!!!!!!!!!!!!!!!!!!!
Review ID: 10000000011768172
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Awesome Book!I think everyone in America should read this book! Maybe we wouldn't be in a recession if we did. :)
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The Automatic MillionaireReview created: 02/01/09
by:
livingagain75 ( 3 )
This is an excellent book with good financial advice. Figure out your latte factor and you could be on your way to financial success.
Review ID: 10000000010432364
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Worth the repetition!Review created: 09/08/08
by:
demella435 ( 7 )
This is a great book that insists on real life application. Bach writes very clearly and makes financial improvement a hands-on experience with easy-read chapters on automating good decisions. I did argue with some of his points (ex. Homeownership a Must regardless of circumstance and Throwing out budgeting altogether), but overall he has excellent advice to offer. Lastly, you may notice his repetition of themes, but since reading the book, the things he taught have stuck with me DUE TO the repetition in his book.
Review ID: 10000000008641017
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A must have!!This is the best gift you can ever get for yourself or give to anyone you care about! It has DEFINITELY made a difference in my life, my mother gave me this book when I turned 18, and after reading it I put the simple steps into practice and I bought my first home when I was 21! It's an easy to read book, and I recommend it 100%
Review ID: 10000000005629622
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Excellent & easy financial advice!Review created: 01/08/08
by:
) I'm only 21 and a junior in college, but my advisor recommended this book to my class so i decided to give it a shot since i haven't really started investing yet since i'm still in college. David Bach makes financial planning VERY easy and all it takes is a simple plan to AUTOMATICALLY set aside a portion of your paycheck every time you get paid. I would highly recommend this book b/c it's gotten me motivated to not just get excited about investment opportunities and where the future can lead, but to also TAKE ACTION. He also has several other books, but this is probably the best one to start off with. As David Bach emphasizes, it doesn't matter how much you make, but rather how smart you are about how you invest in order to be rich when you retire.
Review ID: 10000000005049048
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