Customer Reviews for

The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich

Average Rating 4.5
( 87 )
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(57)

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Most Helpful Favorable Review

2 out of 2 people found this review helpful.

A reviewer

I've purchased several finance books, even had others give me theirs hoping it would sink in.....whatever 'it' was the author was trying to say. I finally got overly tired and frustrated because their 'point' were all over the place. I didn't see a common thread, and ...
I've purchased several finance books, even had others give me theirs hoping it would sink in.....whatever 'it' was the author was trying to say. I finally got overly tired and frustrated because their 'point' were all over the place. I didn't see a common thread, and I normally put the book down because I was confused about where to start. THAT'S NOT THE CASE WITH THIS BOOK!!!! For the first time, there is a common thread....and he tells you where to start and tell you exactly what to do. I was so motivated to finish this book...I couldn't put it down. I read in 5 hours straight...you can too. I am by no means an avid reader, but I couldn't help myself because I had to continue removing the shackles and recieving all of these financial breakthroughs that putting the book down would have been a diservice. I've never finished a book before, but this one was highly significant!! I can't tell you enough how much I enjoyed and highly recommend this book!!!

posted by Anonymous on May 31, 2008

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Most Helpful Critical Review

1 out of 1 people found this review helpful.

Bach is a hack

I agree with a previous reviewer. Bach sat with other bestselling financial books, jotted down the main points, changed the jargon a little and put a catchy title on it and now is selling it. There are no original ideas in this. The 'automatic' he speaks of is simply ha...
I agree with a previous reviewer. Bach sat with other bestselling financial books, jotted down the main points, changed the jargon a little and put a catchy title on it and now is selling it. There are no original ideas in this. The 'automatic' he speaks of is simply having savings and/or 401K money automatically deducted from your paycheck...profound, huh? He says 'don't budget',etc. because he is saying that all you have to do is automatically deduct it before you get the money. That way 'you don't have to budget because it is already taken care of.' He has no new ideas. 'Pay yourself first' is from several other books including The Richest Man in Babylon. Other ideas are basic ideas he rehashes that you can find on any basic financial website. He only states very basic information that has been around forever. Oh, he does throw in many stories as fillers. To give him his due, as the show on CNBC that he was on recently stated, he did create 'the Latte factor'. What is that, you ask? He says to cut out a latte here and there, save/invest that money, and you will be a millionaire. Amazing,huh? On that show he said to save an hour's worth of pay per day. Again, he is saying basic financial concepts, but he changes the wording so that he seems to have substance. The title is misleading. This is a very disappointing book.

posted by Anonymous on April 23, 2007

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  • Posted January 18, 2013

    Highly recommended

    Highly recommended. Very helpful, even being 4 years old.

    1 out of 1 people found this review helpful.

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  • Posted April 13, 2009

    This was a gift

    This book was not for myself but, for a friend. So far it has given him wonderful ideas on how to help you save money. It's not a get rich quick book but, a book to show you how to cut back and what to look for. So that when you put several of them together you save money in the long rus. Working for him. Woth a shot the only way to fail is for you not to do or try hard or even long enough.

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  • Anonymous

    Posted August 9, 2007

    Good Book

    This is a great book for people starting out, but anyone can learn from it.

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  • Anonymous

    Posted December 20, 2005

    Make your money work for you

    Very good book. Lots of great ideas on how to get your money to work for you. I love how he tells you how other couples were also able to do it.

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  • Anonymous

    Posted December 4, 2004

    Great Book

    I really found this one useful and inspiring!

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  • Anonymous

    Posted December 14, 2004

    27 year old ready for the future

    My supervisor advised me to read this book and do my homework. I've never read a book that fast and was siked about it. It helped me realize that I am not preparing myself for the future. I told a couple of friends and most were surprised how immedatley I opened up a MMA, rainy day account and a CD for my 14 month daughter. This book now has me planning to buy my house and clean up my credit. I would recommend this book to teachers in high schools in the inner cities and residential suburbs.

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  • Anonymous

    Posted February 25, 2004

    good book

    I really liked this book, it gave lots of information on who to contact for additional info regarding investing, mortgages and the like! quite simple to understand. I recommend it to everyone!

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  • Anonymous

    Posted January 18, 2004

    Common sense advice for the layman

    The book is an easy read and contains a good combination of insight, practical advice and summaries.

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    Posted October 6, 2011

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    Posted December 3, 2008

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    Posted February 18, 2009

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    Posted December 22, 2009

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    Posted December 30, 2011

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    Posted May 23, 2011

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