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The automatic millionaire
A Powerful One-Step Plan to Live and Finish Rich
First published 2003 · 256 pages
A reassuring, no-nonsense guide that transforms financial dread into automated peace of mind.
What it feels like
Reading this book feels like sitting down with a financially savvy, deeply encouraging mentor who wants to strip away all your money-related stress. The pace is brisk and purposeful, designed to get you out of the book and into action as quickly as possible. Instead of drowning you in spreadsheets or demanding monk-like discipline, the atmosphere is overwhelmingly optimistic and forgiving. It replaces the dread of budgeting with the liberating concept of automation, making wealth-building feel not just possible, but inevitable. The conversational prose breaks down intimidating financial jargon into simple, relatable stories of everyday people. It is a perfect fit for anyone who feels paralyzed by financial planning and craves a straightforward, set-it-and-forget-it path to security.
- Mood
- optimistic
- empowering
- stress-relieving
- Tone
- encouraging
- pragmatic
- accessible
- reassuring
- Pace
- brisk
- Themes
- financial independence · the power of automation · overcoming financial anxiety · simplicity over discipline · paying yourself first
- The writing
- Conversational and straightforward, using relatable anecdotes and clear, actionable directives to demystify complex concepts.
- The arc
- Moves from the heavy burden of financial overwhelm to a liberating sense of automated, effortless control.
- Who it's for
- Readers who feel paralyzed by strict budgeting and want a set-it-and-forget-it approach to securing their financial future.
Content notes
- financial anxiety
About the book
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 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!
Description from Open Library.
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