We first heard of “The Automatic Millionaire” when David Bach was first on Oprah. We thought, “Gosh we should do what he recommends.” Well we didn’t! The Oprah Show was repeated, so Debbie called our mortgage company to change our payments from once a month to every two weeks. Well, we didn’t have the correct information they needed to set this up at that time. Now here it is a few months down the road and finally TODAY we did it!!! WOW, we were told we would save $34,000 and shave 6 years off our 30-year loan. David Bach, THANK YOU!
Today we’re working on increasing the percentage we pay ourselves. We currently pay ourselves 14% pre-tax from our gross salary. We’re also working on decreasing and eliminating our debt.
It’s amazing how pain-LESS this is.