The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich
Format: PDF / Kindle (mobi) / ePub
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 The Finish Rich Workbook, what’s the real secret to getting rich? What’s the one thing I need to do?
Now, in The Automatic Millionaire, 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 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 Millionaire in place from the comfort of your own home.
This one little book has the power to secure your financial future. Do it once--the rest is automatic!
Unfortunately, if you like budgets and you marry a shopper, then no matter how much you love each other, you are going to fight about the money. The McIntyres fought about their budget and so did my wife, Michelle, and I when we first got married. (If you want to read a funny story about the first budget fight my wife and I had—it was the day we returned from our honeymoon—visit my web site at www.finishrich.com, where you can read the first chapter of Smart Couples Finish Rich for free.) So
chapter, you’ll see how it’s actually easier and far more painless than you might think to save that much. For you impatient types, here’s a sneak peek at the explanation: If you put the money into a pretax retirement account (something you’ll learn about in a few more pages), saving $14 a day actually reduces your spendable income by only about $10 a day. Don’t worry if this doesn’t seem to make sense. The next chapter will make it all crystal clear. THE “PAY YOURSELF FIRST” FORMULA * * *
twenty-one when we started dating, and I was nineteen. We were married three years later. After our honeymoon, both of our parents sat us down and told us together that we needed to get serious with our lives. They said we had a choice. We could work all our lives for money and live month to month, paycheck to paycheck, like most people. Or we could learn to make our money work for us and really enjoy our lives. The trick, they said, was simple. Every time you earn a dollar, you should make sure
people have attended his Smart Women Finish Rich® and Smart Couples Finish Rich® seminars, which have been taught throughout North America by thousands of financial advisors in more than 1,500 cities. Each month, through these seminars, men and women learn firsthand how to take smart financial action to live a life in line with their values. David Bach is regularly featured on television and radio, as well as in newspapers and magazines as a financial expert who makes money and financial
Kim poked her friend, then turned back to me. “Yes,” she said, “I start my day with coffee.” “Okay,” I replied. “Is it coffee you make at home, or do you get it at the office for free?” It quickly came out that Kim generally stopped at Starbucks every morning to get her coffee. Actually, she and her friend went together. It was their special “girls’ gift” to themselves. “Great,” I said. “Now, do you get a regular coffee?” “Well, no,” Kim replied. “I always get a double nonfat latte.” I