The Automatic Millionaire

A Powerful One-Step Plan to Live and Finish Rich

By: David Bach

Narrated by: David Bach

Length: 4 hrs and 56 mins

Publisher's summary

In The Automatic Millionaire, David Bach shares the secret to becoming a millionaire.

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, 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 must have a plan to pay yourself 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 to make a lot of money

You don't need a budget

You don't need willpower

You don't need to be that interested in money

You can set up the plan in an hourThis one little audiobook has the power to secure your financial future. Do it once, the rest is automatic!

PLEASE NOTE: When you purchase this title, the accompanying reference material will be available in your My Library section along with the audio.

©2004 David Bach (P)2004 Simon and Schuster Inc. SOUND IDEAS is an imprint of Simon & Schuster Audio Division, Simon & Schuster Inc.

kind of outdated, but many timeless ideas

you can still put to use many of the ideas today, it's even easier to do with all our technology for automating your money. I loved the credit card section. it got me motivated. good advice.

Full of great information

When I started this audiobook, I did not know I would learn as much as I did. I have been a business owner since 2015 and I learned there’s actually things I can do to plan for my retirement that I did not know. I’ve already recommended this audiobook to my friends And I highly recommend this to anyone wanting to learn what they can do to prepare for the future starting today.

Fantastic

I loved how this book was straight to the point and gave you detailed steps to take. No fluff

Real world advice for Real Person finances

I have 3 main complaints:
1 - The Intro reads like a late night infomercial
2 - Chap 1 seems concocted simply to illustrate Bach's own ideas
3 - Listening to Bach constantly say the word "Automatic" with emphasis got very old


All that said - this is a great book. Getting through to Chapter 2 and it begins to show it's promise.
While most of the topics covered I felt I already knew about, Bach touches on several tips and ideas that dramatically change how a person handles their finances.
Again, many of the concepts aren't new (though still many are), but it's the presentation and application that makes this book useful.

I recommend it.

Great, but the PDFs are nowhere to be found!

Where does The Automatic Millionaire rank among all the audiobooks you’ve listened to so far?

This book is exceptional but for the missing PDFs. It causes me to rank it towards the lower end of the scale.

What other book might you compare The Automatic Millionaire to and why?

This book is similar to the One Minute Millionaire--the key is to systematize your finances.

How could the performance have been better?

There should be a link or an audio snippet directing the listener to a website link of the pdfs.

What did you learn from The Automatic Millionaire that you would use in your daily life?

I learned that the key to finances is to create a system!

Practical hand holding

The best book on finance and debt elimination. The steps and suggestions are a God sent. Thanks!

eyes opener

I did not have idea how much I can save without worrying to much, listen and you will know.

If you want to simplify your financial life then this book is for you!

The principles are excellent, very simple. I love the fsct thst it isnoits aboyt acquiring wealth overtime buy automating everything you do. This is especially great for those who lack discipline.

Good Information

timeless wisdom that can change the course of one's life and the lives of future generations

ok book

seemed very repetitive and honestly didn't learn much from the book except things about self employment retirement accounts