In addition to concrete steps, Masterson also writes about attitude and expectations. His first step, in fact, is to take an honest and realistic assessment of your current financial situation and prepare yourself to change habits. He stresses that you must make getting rich a priority and devote the necessary time to it--act immediately and don't wait until the perfect moment to change your situation (hint: the perfect moment rarely arrives.). Clearly written and filled with informative anecdotes and examples, Automatic Wealth will not make you a millionaire overnight. It could, however, make you one in a decade, and that's a timeline most people can deal with. --Shawn Carkonen
From the Inside Flap
In Automatic Wealth, self-made millionaire Michael Masterson draws upon his own experience and that of experts in the fields of retirement, investing, and real estate to offer you a complete program on achieving financial independence. Organized around six key principles, Automatic Wealth will show you how to develop your wealth- building skills and habits and turn yourself into an "automatic wealth-builder."
The proven program detailed throughout this bookone which incorporates nothing but strategies that have personally worked for Masterson as well as the people he's mentoredis broken down into six easy steps:
- Facing the FactsHere you'll discover what wealth means to you and come to a realistic conclusion about what you need to do to put yourself on a path that will allow you to live well and retire comfortably.
- Plan to Become WealthyOffers simple, straightforward advice that will prepare you for your journey.
- Develop Wealthy HabitsIllustrates how the right mind-set can translate into more money.
- Radically Increase Your IncomeProvides the framework for making the money you want through real estate, investing, and other proven financial vehicles.
- Get Richer While You SleepReveals the best ways to create a steady stream of income that will automatically flow into your pocket.
- Retire EarlyExplores proven approaches to wealth building that will allow you to retire sooner than you might have expected and still live comfortably throughout your retirement years.
Automatic Wealth follows a well-conceived plan that focuses on building income and equity simultaneously. Filled with in-depth insight and practical advice, this unique guide offers specific stepsincluding how to develop wealth-building habits now and how to develop a three- to fifteen-year plan to reach millionaire statusthat will help you live a more fulfilling financial life.