My number one piece of advice for 2017. PAY YOURSELF FIRST, ONE HOUR A DAY OF YOUR INCOME—AUTOMATICALLY! In 2017 I am back on my crusade to help you save more automatically. Why? Because it WORKS. In 2017- PAY YOURSELF FIRST. It’s really simple you deserve to keep part of your paycheck and the only…
The first step to becoming a millionaire is to start saving. And according to many financial experts, the first step to boost your savings and get your finances in order is to create a budget. But, for many people, budgeting is terrible. It can be frustrating and tedious. And budgets themselves, even once they’re made, are difficult to stick…
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…
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? For one self-made millionaire, the magic number is 20%. “Today, my wife and I each strive to pay ourselves the first…
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…
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 “The Automatic Millionaire.” That decision is to pay yourself first. “What most people do when they earn a dollar…
Oct 08, 2004
David Bach teams up with Scotiabank as their Special Advisor!
Jun 17, 2004
David has the top 4 spots on Amazon’s bestseller list!
Jun 01, 2004
Fidelity Investor’s Weekly catches up with David to discuss The Automatic Millionaire!
Feb 26, 2004
“The Latte Factor” is the word of the day!