Book · 2016 · Business & Economics
The Automatic Millionaire, 20th Anniversary Edition
A Powerful One-Step Plan to Live and Finish Rich
Why people recommend it
David Bach's personal finance guide outlines practical strategies for building wealth through automated savings and investment systems. On The Diary Of A CEO with Steven Bartlett, Steven Bartlett asked David Bach about the reasoning behind the title and concept of his book The Automatic Millionaire, noting that it had sold over two million copies independently. Bartlett and Bach also discussed David's newly updated edition of The Automatic Millionaire as his final book launch, celebrating the ongoing success of the smash hit best-selling book. Additionally, Grant Sabatier mentioned David Bach's The Automatic Millionaire on ChooseFI as one of the first money books he ordered when beginning his personal finance journey. Financial experts and podcast hosts regularly highlight these automated principles because they remove human emotion and discipline from the saving process, allowing individuals to effortlessly accumulate wealth over time simply by setting up pre-authorized financial accounts and treating their future selves as a primary monthly bill.
Who recommended it
- Steven Bartlett Discussed
- Grant Sabatier Discussed
Steven Bartlett — 2 mentions
“And you know, the book is called The Automatic Millionaire. This is a book that sold over 2 million copies um on its own. Why did you use the word automatic?”
“This is my final book. These may be my final podcasts. And what you've done is you've updated your smash hit best-selling book.”
Grant Sabatier — 1 mention
“literally the first two money books I ordered were your money or your life and David box automatic millionaire”
Also mentioned in the same episodes
Other mentions (3: passing, ad reads, own books)
“When I wrote The Automatic Millionaire 20 years ago, two things have happened since then. The stock market has gone up in 20 years 600%.”
“The McIntyres in this book, The Automatic Millionaire, when they came into my office and they were worth $1.8 million and he was 52...”
“I list all these funds in The Automatic Millionaire. One of the kind of funds I talk about the most is what's called a target dated mutual fund.”