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David Bach is one of America’s most trusted financial experts and bestselling financial authors of our time. He has written nine consecutive New York Times bestsellers with more than seven million books in print, translated in over 19 languages.
His runaway #1 bestseller The Automatic Millionaire spent 31 weeks on the New York Times bestseller list. He is one of the only business authors in history to have four books simultaneously on the New York Times, Wall Street Journal, BusinessWeek and USA Today bestseller lists.
Over the past 20 years David has touched tens of millions through his seminars, speeches and thousands of media appearances. He has been a contributor to NBC’s Today Show appearing more than 100 times, and a regular on The Oprah Winfrey Show, ABC, CBS, Fox, CNBC, CNN, Yahoo, The View, PBS, and many more.
Not buying a home is the single biggest millennial mistake
While opponents of homeownership claim it's "the American nightmare," self-made millionaire David Bach is doubling down on his faith in real estate. He thinks that not prioritizing homeownership is "the single biggest mistake millennials are making.
" Buying a home is "an escalator to wealth," he tells CNBC. Young adults in particular aren't hopping on this escalator, and it's a costly mistake, Bach warns: "If millennials don't buy a home, their chances of actually having any wealth in this country are little to none.
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If you want to get rich, start investing — and start as early as you possibly can.”Becoming rich is nothing more than a matter of committing and sticking to a systematic savings and investment plan,” financial adviser David Bach writes in his book “Smart Couples Finish Rich.”
“You don’t need to have money to make money,” he writes. “You just need to make the right decisions — and act on them.
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Learning to manage your money together does not have to be overwhelming. It’s something any couple can do, as long as you put in the work. “If the two of you don’t make your finances a priority, they won’t be one,” writes self-made millionaire and financial adviser David Bach in his book, “Smart Couples Finish Rich.”