3 of 3 people found the following review helpful
This book has lots of practical advice.,
This review is from: The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich (Hardcover)
If you're like me and never had much success in adhering to a personal budget, then this book is a must read! I instantly bought into the book's philosophy for saving money because the author does not preach setting up a budget as a vehicle to attain wealth. In fact, the book actually tells you to throw the budget out the window...or something to that effect.
The Automatic Millionaire philosophy is simple and easy to implement. When reading this book, I found myself saying "you know the author's right" so many times! For example, the book points out that many people, like me, won't take the time or even remember to routinely set aside money to save from each paycheck. By following the book's advice, I learned how to overcome this problem by automatically transferring a set amount of money each week to an investment account. The book also made me realize that I can afford to set aside more money for savings than I previously thought.
I especially liked the way the author lists practical "Action Steps" at the end of each chapter, which makes it easy to implement the author's advice for saving money.