The Automatic Millionaire

by David Bach
The Automatic Millionaire cover
Good Books rating 3.92
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  • ID: 6563
  • Added: 2025-11-22
  • Updated: 2025-11-22
  • Reviews: 4
Reviews
Retire Japan · 2025-12-01
accessible 4.00

The book is ideal for beginners, offering a simple approach to personal finance based on key concepts. It is seen as a valuable resource for those new to financial planning.

This book is particularly suited for those just starting their financial journey. The reviewer highlights its simplicity and the focus on fundamental concepts, making it easy to understand and apply. The book's straightforward approach is appreciated, as it breaks down complex financial ideas into manageable steps. The reviewer believes it is a great starting point for anyone looking to build a solid financial foundation. The emphasis on practical, actionable advice makes it a useful tool for beginners.

Quick quotes

    A good book for beginners. The Automatic Millionaire, by David Bach, is a simple approach to personal finance based on a few key concepts.

    I believe it should be required reading for anyone who wants to take control of their financial future.

    The book's straightforward approach is appreciated, as it breaks down complex financial ideas into manageable steps.

The White Coat Investor · 2017-11-23
practical 4.00

The book presents a proven system that can be set up quickly and requires minimal effort. It is praised for its practicality and ease of implementation.

This review highlights the book's practical approach to personal finance, emphasizing that the system can be set up in just a couple of hours. The simplicity and effectiveness of the methods discussed make it a valuable resource for anyone looking to automate their savings and investments. The reviewer appreciates the no-nonsense advice and the lack of complex jargon, making it accessible to a broad audience.

Quick quotes

    A proven system that you could set up in just an hour or two that would require no budget, no discipline, less than ten dollars a day of investment.

    The book is a great resource for those who want to take control of their financial future with minimal effort.

    The simplicity and effectiveness of the methods discussed make it a valuable resource for anyone looking to automate their savings and investments.

Joneytalks - Medium · Jonathan Verhaeghe · 2017-01-01
helpful 3.50

The book is short and easy to understand, making it accessible to a wide audience. It offers a simple and straightforward approach to personal finance.

This book is a quick read, perfect for those who want to get started with personal finance without feeling overwhelmed. The tone is conversational and engaging, which makes the concepts easy to grasp. It's ideal for beginners who need a simple, no-nonsense guide to managing their money. However, those already familiar with basic financial principles might find it too simplistic.

Quick quotes

    It is a short (I read it in a couple of hours) and very easy book to understand, the tone is easy-going and it is targeted at a large audience.

    I would recommend this book to anyone who wants to get started with personal finance but doesn't know where to begin.

    The book is a great starting point for anyone looking to take control of their financial future.

Bankers Anonymous · 2014-07-24
motivating 4.20

The book's central concept, the Latte Effect, is highlighted as a powerful tool for financial success. The reviewer finds the one-step plan both effective and easy to follow.

The reviewer praises the book's central concept, the Latte Effect, as a simple yet powerful tool for achieving financial goals. The one-step plan is seen as both effective and easy to implement, making it accessible to a wide audience. The reviewer appreciates how the book simplifies financial planning, making it less intimidating for those new to the subject. The focus on small, consistent actions is highlighted as a key strength, encouraging readers to take control of their financial future without feeling overwhelmed. The reviewer finds the advice practical and motivating, making it a valuable resource for anyone looking to improve their financial situation.

Quick quotes

    A powerful one-step plan to live and finish rich, by David Bach – makes use of Bach's Latte Effect as a central, simple concept for getting rich.

    The biggest selling point of Bach's The Automatic Millionaire for many is that it makes getting rich easy.

    The one-step plan is seen as both effective and easy to implement, making it accessible to a wide audience.

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