144 of 156 people found the following review helpful
You either like it or hate it - mixed reviews,
By A Customer
This review is from: The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich (Hardcover)
I saw Dave Bach on the Ophrah show a couple of nites ago. I agree that much of what Bach says is not new but that doesn't make it a bad read.
Sometimes the best advice is what we already know. Some people need to be reminded to pay ourselves first. That it is okay to invest while you are in debt. And that simple things like a bi-weekly mortgage which you can do on own (some unscrupulous companies charge $400 or more for this service + additional fees)can save you 5 years of mortgage payments.
Bach recommends no load mutual funds (no doubt this upsets commissioned brokers and advisors)and other advice that takes money out of the pockets of sales people and puts it right back in ours.
Some of what BAch says has been covered in his other books, but again, sometime we need to be reminded and what if you didn't buy those earlier books?
I highly recommend The Automatic Millionaire. Title is very appealing and the book really works.