Blog

Internationally acclaimed financial expert and ten times New York Times bestselling author David Bach interviews Florence-based entrepreneurs who are accomplishing inspiring things in pandemic times in this new column, titled BACH TALKS. This inaugural chat with public speaking and communication coach Elia Nichols took place at Hotel Lungarno. David Bach: So you’ve been an actress for over 15 years and then during COVID you realized you…

This article original Appeared on The Florentine:
https://www.theflorentine.net/2022/01/14/bach-talks-david-bach-elia-nichols/

Seven dollars can go a lot farther than you may think, thanks to the power of compound interest. If you set aside just $7 a week — or, $1 a day — for your kid starting when they’re born, it could grow to over $800,000 by the time they retire, assuming an 8% annual rate…

DID YOU CATCH ME ON THE TAMRON HALL SHOW? Congratulations to the incredible Tamron Hall and her world-class team. They have been working all through the COVID-19 time and during the quarantine to lift America back up. I know firsthand because I had the distinct pleasure of working with them last month on a Money…

If you missed last weekend’s blog post, you can read part one here of THIS TOO SHALL PASS. I now want to share part two…. I spent Saturday recording a podcast for you on what’s happening here in Italy with the Coronavirus continuing to grow. I feel like I’m in a time machine right now…

Got a comment to share with me? You can post it here: Facebook, Instagram and Twitter. I write to you today from Florence, Italy where we have seen our lives change so dramatically in a week and it’s hard to both describe and comprehend. In a nutshell, we have gone from being free to work, socialize, shop, travel,…

I hope your year is off to a strong start. I’m actually writing to you today from Alta Badia, Italy on a ski break with my son, Jack. The reason I’m in my hotel writing this quick email for you is that the Coronavirus is spreading worldwide – and faster than expected. It’s now even…

I have just returned from Venice. My incredible mom, Bobbi, came to visit me and I showed her around Italy for ten days. It was truly the ultimate blessing to have my mom here and to celebrate and share my love of Italy with her. People ask me what makes Italy so special? There are…

Dear Asking for a Friend, I just became eligible for my company’s 401(k) plan and they’ll match up to 3% of my contributions. The only problem is I promised myself I’d prioritize paying off my $43,000 in student loans. I realize saying no to a company match isn’t a good move, so I’m torn about…

This article original Appeared on Grow by Acorns:
https://grow.acorns.com/asking-for-a-friend-david-bach-pay-off-debt-or-invest-in-a-401k/

>>>>>>Brand-New Podcast is LIVE HERE<<<< I’m writing this from Florence, Italy where we have now moved (a dream come true).  It’s been 44 days since we arrived. There’s so much for me to share. But first I want to tell you about “how the dream almost died” and what we did about it. And one…

I’m asked this question quite often and I truly love answering it. As a first-time investor, there are countless routes you can choose; but truthfully, the most important investment you can make is to invest in YOU. It starts by deciding to do a little thing I call “PAYING YOURSELF FIRST.” This is the most…

First just know this – you are richer than you think! And you don’t have to be rich to live rich. Here’s what I call “BACH WISDOM – 16 TIMELESS TRUTHS ABOUT MONEY & LIFE Take these 16 truths everywhere you go. Print them and share them. Ready? Let’s go. 1. Always spend less than you make –…

I’ll be brutally honest with you all here, budgets simply don’t work for most people. Here are 5 reasons why they don’t. Budgets suck and they’re not fun to live with, so most people don’t. Budgets take a lot of time. You’re too busy to create one and have much less time to stay on…

The truth is, a lot of people are quite responsible with their money and personal finances, but many still make these mistakes. The three mistakes I discuss in this post are big but easily correctable, and upon correction will allow you to live a life full of financial freedom. Mistake Number #1 – Not investing…

This article original Appeared on Thrive Global:
https://thriveglobal.com/stories/3-of-the-biggest-financial-mistakes-people-make-and-how-they-can-be-avoided/

Millennials are the first generation to be handcuffed by insane levels of student debt. What we have done to this generation is shameful. The fact that there is now over 1.5 trillion in student loans, two-thirds of which is sitting on the back of women is wrong. This never should have happened. It happened because…