Media Appearances

Why millennials not buying a home is a disaster

Not buying a home is the single biggest millennial mistake

" 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.

Here’s how much money a self-made millionaire saves to continue growing his 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. "That may sound like a lot, but because I've worked up to it gradually over the course of fifteen years, it's become our new normal".

David Bach on How to Build a Career Without Going Broke

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

"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.

David Bach: Author, “Finish Rich” and “The Automatic Millionaire”

They are over the top on service and a pleasure to work with. Love their double reward points.

Having More Money

Bach continues to appear as a featured money coach on “The Oprah Winfrey Show's” runaway hit series, “America's Debt Diet.” Bach is a featured contributor and columnist with Redbook magazine and on Yahoo!, where his column, “The Automatic Millionaire with David Bach” appears biweekly.

David Bach on Having More Money

Finish Rich and The Automatic Millionaire and continues to appear as a featured money coach on The Oprah Winfrey Show‘s runaway hit series, “America’s Debt Diet” and as a contributor and columnist with Redbook magazine and on Yahoo! Each Monday, I’m going to share an interview from our archives from my weekly show, “Change Nation,” that I think you’ll learn something from. Since we are all a bit nervous about our money.

“Start Over, Finish Rich”, David Bach’s 10 Steps For Getting Out Of Debt

Figure Out How You Got in Credit Card Debt in the First Place Ask yourself how you got there, be honest. Did you buy things you wanted or things you needed? Recognize that whatever got you into credit card debt is going to keep you there if you don’t change how you spend money.

The Conversation You And Your Spouse Need To Have, According To Author David Bach

“A money date gets the two of you together when you’re ready to have a conversation about money,” the finance expert told Arianna Huffington. “The idea is you set aside the time to do it,” he adds.

Instead of talking trash, couples need to talk about cash

But how do you keep the sparks from flying when it comes to managing the money to pay the mortgage, cover college tuition, and keep an eye on retirement? How do you even get a conversation going when money remains a taboo subject for many families? "Most couples don't start talking about money until there are bills to pay," said David Bach, author of "Smart Couples Finish Rich" and vice chairman of Edelman Financial Services. But it's essential to track the cash coming in and the cash going out, long before the children head off to college or one spouse leaves the workforce to retire.

Financial Expert David Bach Shares Five Common But Fixable Mistakes Even High-Earners Make

(I read this years ago when it first came out, and it’s evergreen advice!) Bach recently completed a 60-day tour for his Smart Couples Finish Rich financial workshops and shared with me some of the common, but fixable financial planning mistakes even high-earning executives make:   Omitting Activities Entirely Bach has advised executives who ably plan and run million- and billion-dollar businesses without financial plans for themselves. It’s a case of the cobbler with no shoes.

3 Everyday Things That Cost Too Much Money in the Long Run

Every dollar you spent on a discretionary item had the potential to increase your net worth — probably more than you think. A deeper look at how purchases add up over time reveals why cutting small expenses is often promoted as a popular way to improve your finances.

Six worst money mistakes couples make

"Dealing with financial matters is something any couple can do, but you've got to do the job yourselves, or it just won't get done," writes David Bach in his book "Smart Couples Finish Rich." "If the two of you don't make your finances a priority, they won't be one.

5 Things Every Couple Should Talk About to Finish Rich

Now I know a LOT about personal finance; but when it comes to family finance, I admit to having minimal personal experience. So I read the book “Smart Couples Finish Rich” by David Bach and applied the exercises there.

4 common misconceptions about money that could be holding you back from getting rich

Bach exposes these misconceptions, and more, in his book "The Automatic Millionaire." Before you write yourself off as an "average earner," consider these common misconceptions Bach outlines about money: 1.