Sometimes all you need is a guiding hand to get you to do the things you already know are right. “The Automatic Millionaire” was the guiding hand for me. Friday night I bought the book. Saturday I finished it. It’s Sunday night and I’ve already changed my 401k contributions to be the max, setup an account with ING for my “rainy day” fund with $1000 per month going in automatically (of course) and I’ve started the process to refinance my house. By being more diligent about shopping for a mortgage, I’ve reduced my interest rate by 3%, switched to a 15 year mortgage (which will be paid in 12 years using bi-weekly payments) and have the same payment as before.
What’s crazy is that I knew most of these techniques. But it was your book that made me put it into action. Know what? I have always wanted to take helicopter lessons. I’ve had a few, but they are very expensive. I didn’t think I could afford them. But with my bonus coming up in a month, I’ll pay off all credit card debt. Then, using the money I had been paying for credit cards, I can take those lessons seriously. And I’ll still pay myself first and save for a rainy day. And I’ll build equity in my house at the same time.
I can’t imagine what I could say that would convey how much this means. Thank you is what comes to mind. But it doesn’t really come close. Thank you for taking the time to write the book. Thank you for pointing out how easy it is. I plan to share this book with my 19 year old and my 17 year old too. Thank you.