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Average rating: 4/5

Based on 14 ratings

The Automatic Millionaire, Canadian Edition: A Powerful One-Step Plan to Live and Finish Rich (Canadian Edition)

by BACH DAVID

Doubleday Canada | October 14, 2008 | Hardcover

Bestselling financial advisor David Bach brings us his proven, revolutionary system that in one hour will make readers -- even those not smart about money, not disciplined or budget-minded -- rich.

The Automatic Millionaire shows readers how to change financial practices and financial lives, beginning with a powerful story of an average Canadian couple -- he's a low-level manager, she's a teacher -- 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. The incredible message Bach delivers is that the key to getting rich is by "automating" the way to wealth "by paying yourself first," using automatic funded retirement accounts and money market accounts to secure the future and pay for the present.

In a short book destined for bestseller lists, The Automatic Millionaire introduces readers to a system that is powerfully simple, and automatically effective, a life-changing system that delivers. Do it once, the rest is automatic.
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fjc

Rating: 1/5

Repetition, repetition, repetition

fjc

7 years ago

This was one of the worst financial books I've ever read. Bach really just shows that how to make a lot of money is by creating a catch-phrase and then writing a book using that catch phrase every couple of lines without really saying anything. The book could be summed up in one sentence: automatically put money from your paycheque into a high yield account and watch it grow. You don't need to read through 200 pages to catch on. Save the money you're thinking of putting towards this book and put that money in a high yield account.

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