

 #5478 
 Mentioned in 7 episodes 
The automatic millionaire
A Powerful One-Step Plan to Live and Finish Rich
Book • 2003
The Automatic Millionaire by David Bach shares the secret to becoming financially secure by automating savings and debt payments.
The book tells the story of an average American couple who, despite a modest income, manage to own two homes debt-free, send their children to college, and retire with over $1 million in savings.
Bach's approach stresses the importance of automating financial plans, eliminating high-interest debt, and living frugally while still enjoying life.
Key concepts include the 'Latte Factor,' which highlights how small daily expenses can add up, and the necessity of aligning spending with personal values.
The book tells the story of an average American couple who, despite a modest income, manage to own two homes debt-free, send their children to college, and retire with over $1 million in savings.
Bach's approach stresses the importance of automating financial plans, eliminating high-interest debt, and living frugally while still enjoying life.
Key concepts include the 'Latte Factor,' which highlights how small daily expenses can add up, and the necessity of aligning spending with personal values.
Mentioned by


















Mentioned in 7 episodes
Mentioned by 



Pete Matthew

26 snips
 YOU CAN Set And Stick To A Budget 
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Wes Moss

18 snips
 08.19.25   Ask An Advisor With Wes Moss 
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Jesse Mika

12 snips
 Ask Jesse: 2025 Edition 
Mentioned by the podcast host as an example of ignoring the time value of money.

 3151: The Time Value of Money (or why 25 years of cable TV doesn't cost as much as you think) by Stephen Popick with GRS 
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Brian Tracy

 2281 | Brian Tracy: “If You Can’t Save a Nickel, You Can’t Make a Million Dollars.” 
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Owen Fitzpatrick

 How to Become Rich 
Recommended by Andrew, the book's concept is that automating your finances is the key to success.

 116. Our favorite financial books and podcasts, with a few surprising gems! 
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Oprah Winfrey

 Join The Debt Diet 
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Art Rainer

 Episode 368 | These 3 Books Changed Art’s Financial Trajectory 
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James Dahle

 WCI #123: Will the Politicians Cancel your Student Loan Debt? 
Mentioned by 



Grant Sabatier

 Episode 07: How to Retire Early - the FIRE Movement 
Mentioned by Robert Brokamp when discussing housing expenses.

 A "Shock and Awe" Acquisition 
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Lewis Howes

 791 Be Financially Free and Pay Yourself First with David Bach 



