The Automatic Millionaire
Episodes about this book
1 episodeMost Replayed Moment: Is Renting Keeping You Poor? What's The Actual Cost Of Home Ownership? David Bach
David Bach, the author, discusses The Automatic Millionaire in the context of home ownership versus renting. He notes the book now has an updated edition with success stories of people who saved small daily amounts and bought starter homes to become millionaires, cites the McIntyre family case study (who built $1.8 million in net worth on a $40,000-per-year salary largely through owning two homes), and mentions the book's core argument of saving one hour a day of income, which he launched on Oprah.
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