In The Automatic Millionaire, author David Bach appeals to cash-strapped and time-starved readers with a simple plan for money management that can change their financial destiny. The author of bestsellers Smart Couples Finish Rich and Smart Women Finish Rich argues that individuals can build wealth through a few simple steps that take the guesswork and discipline out of financial management. Bach uses a conversational tone and the story of a low-level manager married to a beautician to illustrate his thesis that you don t have to make a lot of money to retire rich. The book s guiding principle is pay yourself first. By having money whisked out of sight by your employer or financial institution before you have a chance to spend it, you can save enough over the long haul to retire rich, Bach advises. Make your financial plan automatic and one of the most powerful things you will get out of it is worry-free time--which ultimately means getting back more of your life. To find the extra cas...

#Great while missing a few things (2010-05-25) I noticed that a lot of people criticized this book in their reviews because of the lack of formulas, tables and significant examples sometimes, and I too felt that David Bach could have added some, but this book is still a great one. I think the basic idea behind the book is not to overwhelm the readers with numbers, graphs and tables like some other books but to show you how you can build wealth and succeed in life following a few basic steps and a proven general approach towards money. If you want to be picky with number crunching grab a...

#A Good Read, Take In With A Grain Of Salt (2009-12-27) A good book for the novice. Be forewarned that the book is overly optimistic in its predictions, that is, that you can expect to earn 10%/yr in the capital markets.

#Common Sense (2009-06-19) This is mostly just financial common sense, but for those who live the paycheck to paycheck, rent an apartment, eat out every meal, and finance everything on credit cards that are $1000 s of dollars over the limit type lifestyle, then they should read it. . . it s pretty short at approx 200 pgs, plus there s lots of charts & diagrams, so you can practically read the whole thing in a sitting or two. His main message is basically be disciplined, live within your means, and pay yourself first (i. e. homeownership & RRSP s). The most interesting parts are wher...

#Automatic Millionaire (2009-02-24) This is a great Book, I m sure you and me will become a Millionaire very soon, when you read this book and share it with your friends.

#so easy, so few of us will apply it (2008-01-14) Great for beginner. No miracle solution, only the basic, save 10% of your money, invest in RRSP, time is your friend (compound interest). But if it s so easy, why aren t we all doing it. Love it. Very easy to read also