This is, by far, my favorite personal finance book ever! I
have read it at least 3 times. I remember the first time I read it straight
through in less than 2 hours. I just couldn't put it down! The number one
reason people don’t save money is because they are not disciplined enough to do
so. David’s method solves this problem and is really very simple: make everything
automatic. You don’t even have to budget (although I still highly recommend it). If you automate all of your finances,
you don’t have to think about it, you won’t argue with your spouse, and you
will be saving money and building wealth in the process.
David goes into great detail about 401k, emergency savings,
debt, mortgage, and tithing. My favorite chapter is about an older couple he
met that actually shared this method with him. They didn’t make much money, but
they somehow managed to pay off two mortgages early, renting their first house
out after paying it off, and save enough money to retire in their fifties. Their
secret was making it all automated. You can’t spend what you don’t see. This is
a very easy read. He makes it easy to understand and easy for anyone to
accomplish. I highly recommend this book no matter what your financial
situation is.
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