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The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich

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The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich

by David Bach
Read by: David Bach

Simon & Schuster Audio | March 29, 2004 | Audio Book (CD)

What''s the secret to becoming a millionaire?

In The Automatic Millionaire, David Bach shares 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, who somehow manage to own two homes debt-free, put two kids through college, and retire at fifty-five 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 must 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 to make a lot of money

• You don''t need a budget

• You don''t need willpower

• You don''t need to be that interested in money

• You can set up the plan in an hour

This one little audiobook has the power to secure your financial future. Do it once -- the rest is automatic!

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Reviews

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      helpful to you?
    Judy Anifrani

    Rating: 5/5

    Loved it!

    Judy Anifrani

    3 years ago

    This is a compelling, easy to read book about finance. It also encourages you to take action with each chapter. I have also passed the book onto several people who also enjoyed it.

    • Was this review
      helpful to you?

    A very readable and clear guide to common sense personal finance. I could relate to most of what Bach had to say and I am going to follow his advice. Everybody should read this book.

    • Was this review
      helpful to you?

    Rating: 5/5

    A MUST READ!!!

    Heather Gunn-McQuillan

    4 years ago

    Don't let the title fool you. This is no get rich quick scheme. It's all about saving for the long-term and having a healthy financial future. I can't say enough good things about this book. This is an incredibly simple, common sense approach to investing and saving written for the average joe and jane. The book is an easy read about finances and it's not a bit boring. We put this simple plan to work for us in our house and we have never felt so at ease about our money matters. Everyone should read this book and be taught these simple financial strategies. It could be the most important book you ever read.

    • Was this review
      helpful to you?
    Camille

    Rating: 5/5

    Worth the money

    Camille

    8 years ago

    I loved this book and would recommend it to anyone who hates the day-to-day details of financial planning. By following the principles laid down by Mr. Bach, retirement will be taken care of, homes will get paid for and credit card debt will become a memory. I also appreciated that this book encourages people to give back to their communities on a regular basis. It was an easy read with timeless principles about money management. It was fantastic and I enjoyed it immensely.

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Details

From the Publisher

What''s the secret to becoming a millionaire?

In The Automatic Millionaire, David Bach shares 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, who somehow manage to own two homes debt-free, put two kids through college, and retire at fifty-five 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 must 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 to make a lot of money

• You don''t need a budget

• You don''t need willpower

• You don''t need to be that interested in money

• You can set up the plan in an hour

This one little audiobook has the power to secure your financial future. Do it once -- the rest is automatic!

From the Jacket

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.

"From the Hardcover edition.

About the Author

David Bach is a financial columnist and author of several best-selling books on personal finance. He has appeared often on television, including spots on "The Oprah Winfrey Show" and "The O'Reilly Factor." His books include Start Late, Finish Rich and The Automatic Millionaire. Bach also writes a weekly Yahoo! column on personal finance. He previously was a senior vice-president of Morgan Stanley. David Bach serves on the board for Habitat for Humanity New York and is co-founder of Makers of Memories, a charity organization dedicated to helping women and children who are victims of domestic violence.

Audio Book (CD)

5.08 x 5.62 x 1 in

March 29, 2004

Simon & Schuster Audio

English


0743538412
9780743538411

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