Book Review: The Automatic Millionaire

By Tina Dressel, Indiana University

How much do you know about money management? David Bach’s “The Automatic Millionaire: A Powerful One-Step Plan to Live and Finish Rich” is a book that takes you through the common-sense rules of becoming rich enough to retire early. He stresses several principles throughout the book: budgeting isn’t necessary, you don’t need determination, your salary is inconsequential, and setting up your personal finances doesn’t take much time. more…