The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich Hardcover – January 1, 2004

I enjoyed reading this book as well as all the other books written by Bach. The message is actually the same simply written for different target audiences (people). I normally give this book out to males graduating high school or college with $50 or $100. It is a road map to success, if one is willing to implement the suggestions for a better lifestyle in the future.We are such a consumer-based society that the only individuals who win are those who are willing to sacrifice today for a Better Tomorrow.I also own "Smart Women Finish Rich" as well as "Smart Couples Finish Rich"You guessed it females graduating high and college receive Smart Women with $50 or $100 and newlywed couples receive Smart Couples with $100.Sincerely,Mrs. Tucker

This guy is making millions by selling this very simple advice! I'm envious that he wrote this book and is selling thousands of copies and I didn't think of doing it first! But, getting my envy under control.....(clears throat).......I think this book informs the reader about a very good "wealth building" strategy.Of course, there are "pitfalls" to the plan....like the tendency of taking the money out early....but, even so, this plan is better than doing nothing...or buying lottery tickets! I think the book is worth reading..... But, perhaps borrow it from a friend so I won't get more jealous of the author than I am at present! :o)But, one more thing comes to mind: In the last chapter the author recommends "tithing". I suppose he means "tithing" to a church or synagogue or mosque or to some other charitable organization. He says at one point: "When you tithe you will recieve wealth back. I have seen this happen."....or words to that effect. I DISAGREE STRONGLY--especially for people making $10 an hour or in that vacinity! In the start of the book the author talks about "the latte effect" and he pursuades all of us that we CAN save without hurting our lifestyle hardly at all. Thus we give up Starbucks and other "luxuries" and that money goes into SAVINGS. Then at the end, he recommends us to SPEND that money we just saved by giving up "latte" and he recommends that we spend that money for "tithing"---giving the money away to someone else! That would be fine if your wage is, say, $50 an hour---tithe all you want! But, I assume this book is also geared to the wage earner who makes $10 an hour. At $10 an hour with todays prices for food, gas, lodging no one will be able to save a dime if they give 10% away as a gift! And, the idea that "if you give you will receive back" is so false because THERE IS NO CONNECTION BETWEEN WHAT YOU GIVE AWAY AND WHAT YOU RECEIVE. The "connection" is actually between "how much you benefit your fellow mankind and what you receive". For example, Bill Gates is wealthy..why? Because he gives money away? No, he is wealthy because he "benefits his fellow human beings" with his software that we all need and use. Thus, when someone says, "Give money to my cause or organization and you will 'position yourself to receive'" that person is not telling the truth? The truth is that if you BENEFIT your fellow man, then you will receive. Thus, is it true that there a connection between giving money to a church and later as a result receiving wealth back? I don't believe so. BUT I KNOW there IS a connection between benefitting mankind and receiving money back. So, I suggest the $10 an hour employee give, say, $10 a week to the minister of their church if that makes them feel good and they want to help the minister. But, forget about "tithing" to "receive back"...and use that "latte or tithing money" for savings for YOUR retirement and/or the investment in a college education for YOUR kids. Otherwise, you might find out that that personable and friendly minister used your "tithes" for HIS retirement and/or for the education of HIS kids! Email:boland7214@aol.

It has points in the book you can apply right away.

I was first introduced to this book in 2007 by a friend who had an interest in personal finance and investing. At the time, I was in the process of changing jobs. I was moving to a job that had offered me $20k more than my previous position. My friend asked me did I have a plan to capitalize on my significant increase in income. At the time, I didn't have a solid plan so he recommended this book. However, the concepts in this book are for EVERYONE, whether you are struggling to get by or experiencing a boost in income.I read the book from cover to cover and immediately implemented the automatic savings plan outlined by the author, David Bach. Bach's advice is clear, easy to follow and mostly important...it works!I have followed Bach's advice to save automatically since 2007 and I can attest to the fact that over the past 12 years it has served me well. Without this book, I may not have made good use of my new salary.Following Bach's advice has helped me to both weather several "financial storms" over these years AND actually get ahead because I had some money set aside.I found Bach's advice to be so practical and helpful that I purchased other books in his series. The Automatic Millionaire had such a profound impact on my life that I routinely give it as a gift to those who I know would benefit from its principles.So, if you are hesitant, go ahead and buy the book. This small purchase can change the trajectory of your life if you are ready to take the simple steps outlined in the book!

The author has shared his experience and how one can use the tactics in the daily life to become an automatic millionaire by implementing small steps.

Simple idea that makes sense. I like that the book is short and doesn't drag on but at the same time is so inspiring that it makes you want to apply the principles right away.

You will learn several simple and practical steps that you can apply today that would help you to become financially independence. A must read for anyone who is serous about becoming financially independent.

Very simple but POWERFUL book ! This is the kind of reading that changes your life and make you save 7 years in your life

E' un libro molto semplice che aiuta a considerare i risparmi e le spese quotidiane in ottica futura e da dei consigli preziosi anche a chi conosce bene l'argomento, come i risparmi bi-settimanali.