The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich (David Bach) HC-New

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 Budget You Don’t Need Willpower You Don’t Need To Make A Lot Of Money You Don’t Need To Be That Interested In Money You Can Set Up The Plan In An Hour

david 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!

publishers Weekly

bach, Author Of Several Bestsellers Including Smart Women Finish Rich And Smart Couples Finish Rich, Offers A Simple Prescriptive Plan For Financial Security. The Secret: The Astonishingly Vanilla Pay Yourself First, Which, In Bach”s Words, Is The One Proven, Easy Way To Get Rich. Instead Of Worrying About Taxes, Budgeting Or Investing, The Key, According To Bach, Is To Set Aside Between 10% And 15% Of Gross Income For Savings The Equivalent Of One Hour”s Worth Of Income Every Day. While This Strategy May Seem Obvious, Many People Don”t Take This Basic Step. That”s Why Bach Says Everyone Should Write Down Their Automatic Millionaire Promise, Which Spells Out What Percentage Of Their Income They Will Start Saving By A Certain Date. To Insure That People Carry Through On Their Efforts, Bach Says They Should Have Deposits Automatically Made To A Retirement Account. Then, The Next Step Is To Capitalize On The Power Of Compounding By Contributing The Maximum Amount To, Say, An Employer”s 401(k) Account. To Help Readers Navigate The Maze Of Investment Choices, Bach Includes Contact Information For A Number Of Mutual Funds And Web Sites Offering Authoritative Financial Information. Bach”s Key Principle, Along With Such Advice As Buying Real Estate, Paying Down Debt And Making Charitable Deductions, Is Not Groundbreaking; And Regrettably, It May Be Unrealistic For Many: Tens Of Millions Of Americans Are In Serious Credit Card Debt Because They Can”t Make Ends Meet On Their Salaries; How, Then, Are They To Save So Much Of Their Gross Income? However, His Easygoing Approach, Complete With Real-life Examples And Clever Phrases Such As Latte Factor, Will Appeal To The Many Money-challenged Consumers Who Have Made A New Year”s Resolution To Get Their Finances On A Firmer Footing. (dec.) Forecast: With A Confirmed Appearance On Oprah Along With A Television And Radio Satellite Tour, And Some 700,000 Of Bach”s Other Books In Print, This One Should Hit Some Bestseller Lists. Copyright 2003 Reed Business Information.