Are You the Next Automatic Millionaire?

If you take a walk down to the local bricks and mortar version of Amazon.com, chances are you'll find a number of different books about money. Now we all know that we should pay close attention to our finances, but who has the time? We'll be lucky to read one book a year about money, and "The Automatic Millionaire" should probably be one of them. David Bach's latest non-fiction work will teach you how to become a millionaire and can almost guarantee that you will become one.

No, there's no magic tricks in this book that will teach you how to become a millionaire without any work or sacrifice, but it will make it happen. It's a combination of good old common sense and mathematics. Bach suggests a "tortoise" approach of becoming wealthy. This means automatically investing a small amount of money over a long period of time so that you can become wealthy.

A lot of people who are smart with money would respond to the idea mentioned in this book by saying "duh." Most of us already know that a mix of dollar cost averaging and manageable risk is a great way to become wealthy and probably think that we don't need to read this book. Don't worry, there's something in this book for you too. We all know the general idea and basic mathematics behind it, however Bach does an excellent job at showing us how to find extra money to put away in investments for the future, as well provides suggestions to make your investments automatically to make up for shortcomings in our personal behavior, which is why most people fail when planning for retirement. We all want to put money away, but a lot of us never get around to it. Bach shows us how to automate our investments so that is no longer an issue