David Bach is the author of the national bestsellers Smart Women Finish Rich, Smart Couples Finish Rich, and The Finish Rich Workbook, and the host of his own PBS special, Smart Women Finish Rich. Bach s Finish Rich Seminars are now the leading financial seminars in North America, having been taught in over 1,700 cities by thousands of financial advisors. He is a Money Coach on America Online (AOL Keyword: David Bach) and the host of his own nationally syndicated radio show Live Rich with David Bach. To read excerpts of any of David Bach s books please visit his website at www.finishrich.com."
Bach (Smart Couples Finish Rich) takes a unique approach to the financial wealth-building genre by shaping his many tips and techniques around an average American couple with a joint annual income of under $55,000 who manage to own two homes debt-free, put two kids through college, and retire at 55 with more than $1 million in savings. The sound advice covers well-known principles of eschewing credit cards and the importance of establishing and keeping to a plan to pay yourself first that is totally automatic, a plan that will secure your future and pay for your present. The author's lively narration keeps the listener's interest in these facts about how money works and how not to spend every dollar you earn. Highly recommended for all public libraries.-Dale Farris, Groves, TX Copyright 2004 Reed Business Information.
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.
" " "The Automatic Millionaire is an automatic winner. David Bach really cares about you: on every page you can hear him cheering you on to financial fitness. No matter who you are or what your income is, you can benefit from this easy-to-apply program. Do it now. You and your loved ones deserve big bucks!" -Ken Blanchard, co-author of "The One Minute Manager "The Automatic Millionaire gives you, step by step, everything you need to secure your financial future. When you do it David Bach's way, failure is not an option." -Jean Chatzky, Financial Editor, NBC's "Today "David Bach's no spin financial advice is beautiful because it's so simple. If becoming self-sufficient is important to you then this book is a must." -Bill O'Reilly, anchor, Fox News, and author of "The O'Reilly Factor and "The No Spin Zone "Finally, a book that helps you stop sweating it when it comes to your money! "The Automatic Millionaire is a fast, easy read that gets you to take action. David Bach is the money coach to trust year in and year out to motivate you financially." -Richard Carlson, author of "Don't Sweat the Small Stuff and" Don't Sweat the Small Stuff About Money "David Bach's "The Automatic Millionaire proves that you don't have to make a lot of money or have a complicated financial plan to get started -- you can literally start towards your financial dreams today, in a matter of hours, with just one life changing secret: Pay yourself first and make it automatic! Equally important, this book shows you how to simplify and automate your entire financial life." - Harry S. Dent, Jr., investment strategist and author of "The Roaring 2000s ""The Automatic Millionaireis, simply put...a great little book! You can read it in a matter of hours and take action immediately on a powerful, simple, totally AUTOMATIC plan to become a millionaire." - Robert G. Allen, coauthor of The "One Minute Millionaire ""The Automatic Millionaire is brilliant in its simplicity and thoroughly enjoyable to read. If you want to create financial security and still sleep at night, you've just got to get this book! Thank you, David...your advice will change people's lives." - Barbara Stanny, author of "Secrets of Six-Figure Women and "Prince Charming Isn't Coming "I once heard that to make something powerful, you need to make it practical. "The Automatic Millionaire is a book that is 100% practical and powerful. David Bach is one of the few individuals in the world of finances who truly wants to make a huge impact in other people's financial lives. This is one of those rare books that can really change your life!" - Louis Barajas, Author of "The Latino Journey to Financial Greatness "David Bach lets you in on the secret to finishing rich, and it's so simple anyone can do it. Read this book, follow his advice, and it will change your life." - Candace Bahr and Ginita Wall, co-founders of the Women's Institute for Financial Education (WIFE.org) "Pay yourself first. It's simple ideas like this that can make all the difference in your financial future. Ignore David Bach's new book at your own peril." - Al Ries, author of "Focus, The Future of Your Company Depends on It "David Bach makes understanding your finances easy, fun and exciting. "The Automatic Millionaire is a practical and smart guide to mastering your relationship with money." -Barbara De Angelis, Ph.D. author of "What Women Want Men to Know "More people will become millionaires in the years ahead than in all the previous years of human history. It has never been more possible for you to get out of debt, achieve financial independence and build a financial fortress around yourself than it is today. This fast-moving book by David Bach gives you the practical strategies and techniques you need to take complete control of your financial life and become the millionaire you want to be." - Brian Tracy, author of "Goals!