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Manufacturer: Broadway
Author: David Bach
Publisher: Broadway

Binding: Hardcover
Dewey Decimal Number: 332.02401
EAN: 9780767914109
ISBN: 0767914104
Label: Broadway
Manufacturer: Broadway
Number Of Items: 1
Book Pages: 256
Publication Date: 2004-12-30
Publisher: Broadway
Product Release Date: 2003-12-30
Studio: Broadway

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!

Customer Rating:
Review Summary: Good Advice but what about the working poor?
Review: If you're just getting by, then don't even bother with this book. But if you do have some income to spare, its a great way to get your finances in order. There was just something really unrealistic about this book...especially for those of us starting over. Great book for teenagers and young college students who are just starting out.

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Customer Rating:
Review Summary: David Bach is the greatest financial expert
Review: At first I was a little intimidated to read a book about finances but David Bach explains everything in plain english. There are a lot of things that I already knew I should be doing with my money but David really motivates me and makes me feel like I could really do this. I am truly on my way to being a millionaire! Thanks David Bach!

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Customer Rating:
Review Summary: A helpful guide on how to retire rich
Review: Did you know that you don't need a big salary to become a millionaire, and that a carefully organized budget and intense willpower aren't even necessary? All it takes, says David Bach, is a simple one-step plan. Follow it to become an "automatic millionaire." Bach's save-your-pennies book is straightforward and sensible - though it predates the recent economic downturn. It comes complete with helpful tables and charts. He details how someone with an average income can eventually amass wealth through automatic savings. getAbstract finds it hard to argue with his basic, common-sense principles: Save steadily, avoid credit card debt, and so on. But Bach gives little weight to various real-life scenarios that can throw a money wrench into the most sensible savings plans. For example, what happens if you lose your job, get seriously ill or find that your home is depreciating? (In fact, he says U.S. houses double in value over five years. Alas, that's not the case in many places at the moment.) What about folks with erratic incomes who can't make automatic savings payments - the locus classicus of Bach's plan? What if 15% of your paycheck just doesn't add up to enough accrual? That's not to mention that Bach's instruction to invest at a 10% return, which is not an easy score to achieve these days. Do your own math. Despite his occasionally utopian tone, Bach does provide solid information on how to build wealth. You can only benefit from his concrete, logical suggestions on how to get rich, slowly.

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Customer Rating:
Review Summary: Simple as it gets for financial/spiritual freedom.
Review: This is all about automating your way to financial freedom guys. If you are looking where to start and not overwhelm yourself, this is the book for you! Wonderful read! If you're married definitely get the "Smart Couples Finish Rich". Best book for married couples that want control over their finances ever. These books are about real life and not some "guru" shoving mostly useless junk down your throat. Enjoy!

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Customer Rating:
Review Summary: A life changing book!!
Review: Never thought that personal finance could be this simple and easy. Applying what is written in this book, has changed my life and how I value my earnings and money. Well done!

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