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You don’t need a budget, willpower, or a lot of money to become an Automatic Millionaire.
| Publisher | Crown Business |
| Publication date | January 1, 2004 |
| Edition | 1st |
| Language | English |
| Print length | 256 pages |
| ISBN-10 | 0767914104 |
| ISBN-13 | 978-0767914109 |
| Item Weight | 13.7 ounces (388.4 grams) |
| Dimensions | 5.82 x 0.84 x 8.25 inches (14.8 x 2.1 x 21 cm) |
Individuals new to investing who need a simple, straightforward plan to manage their finances and accumulate wealth.
People with demanding jobs looking for an efficient, automated approach to saving and investing without significant time involvement.
Those with limited financial knowledge wanting easy-to-implement strategies to improve their fiscal health and future security.
Experienced investors seeking complex strategies or detailed market analyses may find the content oversimplified and lacking depth.
**** "The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich" by David Bach has garnered a diverse reception among readers, who highlight both its strong points and areas for improvement. Many readers appreciate the book's straightforward approach to personal finance, noting that it presents a clear and achievable wealth-building strategy. The concept of automating savings rather than relying on complex budgets resonates with readers, who find this simplification to be refreshing and practical. The actionable targets for saving, including a recommended 10% retirement savings goal and the importance of maintaining an emergency fund, have been particularly well-received. However, some criticism is directed at specific advice presented in the book, particularly around the topic of "tithing." While many found the book engaging and easy to read, opinions diverged on the financial wisdom of giving away a percentage of income, especially for those on lower wages. Readers argue that the notion of expecting wealth in return for charitable giving may not align with the financial realities faced by many individuals struggling to make ends meet. In conclusion, while "The Automatic Millionaire" is praised for its motivational and practical strategies to build wealth, the varying interpretations of its core advice reflect the complexity of personal finance, particularly when Considering different financial situations. **
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