Be A Millionaire - Automatically! Book Insight on The Automatic Millionaire by David Bach

Book Insights Podcast

English - April 21, 2021 14:00 - 16 minutes - 22.7 MB
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Previous Episode: Book Lounge - The 10X Rule by Grant Cardone with guest Dr. Robin Kiera

Next Episode: Book Lounge - I Will Teach You to Be Rich by Ramit Sethi with guest Nick Hutchison

* Discover how to secure your financial future in one simple step, no matter how much you earn – paying yourself a regular set amount. This is the ‘automatic’ of the title.

* Bach isn’t offering a finger-click, instant wealth generator, but he shows that by paying yourself first, you can lay the foundations for future wealth and security.

* Stay in your job and amass wealth slowly through automatic saving, the effect of compounding over time, riding out any stock market peaks and troughs, and benefit from tax rules that favor ‘those who help themselves’. This way, attaining wealth becomes an inevitability, not just a faint hope.

Theme 1: Financial Priorities - 0:29

Theme 2: Debt & Automation - 8:34

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HEAR THE FULL INTERVIEWS MENTIONED IN TODAYS' EPISODE HERE:

Bach, David. “DAVID BACH - THE AUTOMATIC MILLIONAIRE.” YouTube, YouTube, 7 Dec. 2016, www.youtube.com/watch?v=VuHE5EWxGs8&t=42s.

Bach, David. “David Bach's 7 Places Your Money Needs To Go Automatically.” YouTube, YouTube, 25 Dec. 2016, www.youtube.com/watch?v=fpARUOMlOYE.

OWN. “How Much Should You Be Saving at 25? | The Oprah Winfrey Show | Oprah Winfrey Network.” YouTube, YouTube, 2 Sept. 2015, www.youtube.com/watch?v=VB_YNB1CHsg.

Full Title: The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich

Year of Publication: 2003

Book Author: David Bach

To purchase the complete edition of this book click here: https://www.amazon.com/dp/B0002P0FLM/ref=cm_sw_em_r_mt_dp_VPHD3ZGFK972A5MKRP3R

Book Insight Writer: Tom Butler-Bowden

Editor: Tom Butler-Bowden

Producer: Gabe Mara

Production Manager: Karin Richey

Curator: Tom Butler-Bowden

Narrator: Michael Khachanov