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Automatic Millionaire : A Powerful One-Step Plan to Live and Finish Rich (Reprint) (Paperback) (David

Automatic Millionaire : A Powerful One-Step Plan to Live and Finish Rich (Reprint) (Paperback) (David - image 1 of 1
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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 Americancouple--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 budgetYou don’t need willpowerYou don’t need to make a lot of money You don’t need to be that interested in moneyYou can set up the plan in an hourDavid 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!
Outlines a system for achieving financial security and building wealth, discussing how to make the most out of automated financial transactions, including 401(k) plans, scheduled transfers, and early-payoff programs.
Edition: Reprint
Number of Pages: 252.0
Genre: Business + Money Management
Sub-Genre: Personal Finance / General
Format: Paperback
Publisher: Random House Inc
Author: David Bach
Language: English
Street Date: December 27, 2005
TCIN: 11614039
UPC: 9780767923828
Item Number (DPCI): 248-10-9944

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overall: 5 out of 5 stars, see all reviews

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5 out of 5 stars
himri 1 year ago
People are always looking for that magic number to save that will make them a millionaire. According to the author David Bach, to become an Automatic Millionaire, we need to save 10 -15% of the gross income first every paycheck and pay off the mortgage as soon as possible.The concept of 'pay yoursel...see moreof the reviewer's review
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