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The Automatic Millionaire A Powerful One-Step Pl
The following report compares books using the SERCount Rating (base on the result count from the search engine).
Rating: 4.02/5 from 190 reviews Income is not wealth, income only pays for your lifestyleAn easy read and effective, too.My grandmother, who lived through the depression and experienced WWII, gave me this book. My grandmother grew up dirt poor(she had one pair of shoes for school). She dropped out of the eighth grade and yet she is one of the most well read people I know. This book is so easy to read and just as easy to understand. I've started putting into action the principles put forward in this book and I will have $7,000 saved by the end of the year. I will most likely double that every year, if I keep utilizing the strategies in this book. I highly recommend this book. Granted most of the advice in this book should be common knowledge. You could learn such things in a Personal Financial Management class; but it's the book's simple language that makes it a quick and easy read. Buy this book, then read it, then practice what it preaches, and you'll be on your way to not having to sit around waiting for the government to take care of you(which is a very scary thought because I don't trust the government to know or care what's best for me). If more people would stop counting on Medicare and social security, we would all have more money from our paychecks to save and invest for ourselves, instead of giving our tax dollars to losers who don't want to work or take initiative and save/invest for their own futures. Nothing earth shattering, but usefulA lot of people are screaming that there is nothing really new in here. Sometimes you just have to be reminded of the basics. This is not a 7 figures in 7 days type of book. If you looking for instant wealth, look elsewhere. If you want to retire and not be stuck eating government cheese, then read it, follow it and just do it. It reminded me of a couple things that I already knew, but just needed somebody to tell me again. | ||||||||||||||||||||
Dave Bach offers powerful money strategies that really work. The first and most important one is to pay yourself first. You must save at the very least, 10% of what you earn before you pay any bills. Isn't it amazing that Americans have such great difficulty saving 10% while the Asians save over 30%!
I know some Doctors who earn a 6 figure income, but are always broke and have nothing to show for it. $150,000 income is nothing when you are spending $175,000.
Bach also offers strategies to cut your mortgage payoff time in half. Pay off credit card debt in 2-3 years, not 5-10 years and more.
I'm with a company that does business in 10 different countries. Our company did over $40 million in sales in it's first year and has created several millionaires in 17 months. Some of the millionaires in this company highly recommend Bach's advice and live by it. That's why they are millionaires. EARNING MONEY IS THE EASY PART. KEEPING IT IS THE DIFFICULT PART. NEEDLESS TO SAY, I RECOMMEND THIS BOOK TO EVERYONE AROUND THE WORLD!
I can't rave enough about Dave Bach's book. I also have his tape set from Nightingale-Conant which goes even deeper into the strategies than this book does.