I would like to start out by saying that I LOVE all of your books. I first read “Smart Women Finish Rich” as a recommendation from my best friend who thoroughly enjoyed this book herself. I moved on to “Smart Couples Finish Rich” and am almost done with “The Automatic Millionaire”.
Mr. Bach, your book is the FIRST financial book that I could not put down. I usually read through a couple of chapters of other economical books and get lost in the terminology. I work as a head teller for a local east coast bank and never quite understood some of the products that institutions offer until I read about them in your books.
“The Latte Factor” has really helped me in reducing the amount of money I spend on “small things”. I have always been a saver. I started working at the age of 15 and always saved at least half of my paychecks. I had no bills and was able to save $25,000.00 in savings accounts and certificates of deposit. At the age of barely 22 I bought my very own townhouse. Now four years later it has almost tripled in value and I cannot believe how much equity I have!
I try to motivate others into saving their money. Most of the reactions I get are the same as you talk about in your books. “I don’t make enough money to be able to invest.” etc.
I read to them the section on your “Latte Factor” and most of the time you can see the light bulb go off. It’s as if people don’t want to even think about their finances because it causes them so much stress.
I want you to know that I am out here in the real world “singing your praises” and doing my best to share my experiences with everyone I can.
Thank you for letting me share my story with you. I hope to hear from you soon!
Thanks again!