Books

Book 513: Start Late, Finish Rich – David Bach

It covers a lot of the same ground as Bach’s free newsletter and the previous book I recently read by him, The Automatic Millionaire. This makes sense as he’s built his personal finance empire on the same basic tenets of automate as much of your wealth as you can and save as much as you can while simultaneously diversifying and increasing your income.

In this book he takes the same premise (along with purchase a house) and says do it faster! It’s no longer identify your latte factor, it’s turbocharge your latte factor! I did find the addition of consider franchising to be very interesting, almost enough so to make me go look at more books/how-to guides about it. Continue reading “Book 513: Start Late, Finish Rich – David Bach”

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Books, Personal Project

Book 501: The Automatic Millionaire – David Bach

I came across this book when I started listening to the Better Off podcast (iTunes link) , which is sponsored by Betterment (more on that later – including a referral link ;-D). David Bach, the author, was the guest on the very first episode. I was intrigued enough by his interview that I wanted to read the book. It sounded a lot like what I discovered on my own, but I wanted to verify and see what other tips or tricks he offered. But before I talk about the book, first the back story:

After completing my 30×30 a few years ago and getting rid of my credit card debt, I’ve become much more interested in personal finance and making sure that I am planning for the future, whether it’s mine, that of any future children I have, or the fact that my mom, dad and step-mom (and at least one aunt) are all rapidly approaching retirement age.

Continue reading “Book 501: The Automatic Millionaire – David Bach”