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The Automatic Millionaire, David Bach
"A powerful one-step plan, to live and finish rich"
What is the book about?
The Automatic Millionaire reveals easy-to-learn, money-making systems that once applied, can help you to become financially successful.
Who is this book written for?
If you have decided that you want to take control of your financial life, and now want some step-by-step instructions, this book is for you.
David Bach, a leading financial adviser, professional speaker and author of six consecutive bestsellers, reveals several techniques for acquiring financial success. He demonstrates that you don't have to make lot of money, or have a complicated financial plan to become a millionaire.
He explains how you can become an Automatic Millionaire on just a few dollars a day, by introducing the "Latte Factor" which illustrates that it is not how much you earn, but how much you spend, which may stop you from becoming wealthy.
"The 'Latte Factor' has become an internationally recognized metaphor for how we dribble away what should be our fortunes on small things without ever giving it much thought... $10 a day, if invested over a period of 40 years, can grow to more than $1,000,000."
The Automatic Millionaire demonstrates using a number of uncomplicated charts and tables that everyone can become a millionaire by following a few simple strategies. It suggests the most important step is to make the process of becoming a millionaire automatic, the central theme of the book.
"When you make it automatic, you create a system that doesn't depend on your following a budget or being disciplined...It's the tortoise approach to wealth, not the hare's ..... This may not sound as exciting as becoming a millionaire in a couple of weeks or months, but - I promise you - it's a lot more real."
I say:
What I particularly like about The Automatic Millionaire, is that the author gives you the tools (Websites, email addresses and telephone numbers) to immediately follow through on the ideas suggested.
He also takes the time to explain a number of wealth building tools such as IRA's and Money Market accounts, reviews some of the top brokerage firms & mutual funds and actually suggests some questions to ask, when dealing with these type financial institutions.
Although only 252 pages, it is packed full of useful information and delivered in a clear, easy-to-read writing style.
"A powerful one-step plan, to live and finish rich"
What is the book about?
The Automatic Millionaire reveals easy-to-learn, money-making systems that once applied, can help you to become financially successful.
Who is this book written for?
If you have decided that you want to take control of your financial life, and now want some step-by-step instructions, this book is for you.
David Bach, a leading financial adviser, professional speaker and author of six consecutive bestsellers, reveals several techniques for acquiring financial success. He demonstrates that you don't have to make lot of money, or have a complicated financial plan to become a millionaire.
He explains how you can become an Automatic Millionaire on just a few dollars a day, by introducing the "Latte Factor" which illustrates that it is not how much you earn, but how much you spend, which may stop you from becoming wealthy.
"The 'Latte Factor' has become an internationally recognized metaphor for how we dribble away what should be our fortunes on small things without ever giving it much thought... $10 a day, if invested over a period of 40 years, can grow to more than $1,000,000."
The Automatic Millionaire demonstrates using a number of uncomplicated charts and tables that everyone can become a millionaire by following a few simple strategies. It suggests the most important step is to make the process of becoming a millionaire automatic, the central theme of the book.
"When you make it automatic, you create a system that doesn't depend on your following a budget or being disciplined...It's the tortoise approach to wealth, not the hare's ..... This may not sound as exciting as becoming a millionaire in a couple of weeks or months, but - I promise you - it's a lot more real."
I say:
What I particularly like about The Automatic Millionaire, is that the author gives you the tools (Websites, email addresses and telephone numbers) to immediately follow through on the ideas suggested.
He also takes the time to explain a number of wealth building tools such as IRA's and Money Market accounts, reviews some of the top brokerage firms & mutual funds and actually suggests some questions to ask, when dealing with these type financial institutions.
Although only 252 pages, it is packed full of useful information and delivered in a clear, easy-to-read writing style.
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