"When your values are clear
your financial decisions
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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.”
If you want to get rich, you have to learn to pay yourself first. But just how much of your earnings should you set aside for retirement and other savings to ensure lifelong wealth?
“Today, my wife and I each strive to pay ourselves the first 20% of our gross income,” writes David Bach, who became a millionaire by age 30, in his book, The Automatic Millionaire.
I recently caught up with David Bach, who has written multiple New York Times bestselling books such as The Automatic Millionaire and Start Late Finish Rich.
His latest book is called Debt Free for Life: The Finish Rich Plan for Financial Freedom. In total, he has more than seven million books in print, translated in over 19 languages. Bach has appeared several times on The Oprah Winfrey Show and is a reoccurring guest on The Today Show.
A self-made millionaire says the single most effective way to get rich is a simple decision most people don’t make
If you want to be rich, all you have to do is make a decision to do something that most people don’t do,” writes David Bach, who became a millionaire by age 30, in his book
“What most people do when they earn a dollar is pay everyone else first,” Bach explains. “They pay the landlord, the credit card company, the telephone company, the government, and on and on.