March 04, 2005

#22 - The Automatic Millionaire

The Automatic Millionaire by David Bach

I was hoping to really like this one, but it reads like an expanded chapter from one of his other books. Here's the secret: Sign up for your 401K and put in as much as you can. Have them set it up for automatic deposits. (He makes a big deal of this, though it seems like a no-brainer to me. Does any company or bank not do automatic deposits these days?) You should also set up automatic deposits into a money market account or something similar. My recommendation: check this one out from the library. There. I've saved you $20 that can go straight into savings. Remember than in 60 years when compound interest has made you rich.

Posted by rachel at March 4, 2005 11:23 AM

Comments

Since you've read a lot of feng shui how-to books, I wanted to let you in on a million-dollar idea Sarah came up with the other day: the feng shui nursery. If it isn't a book, it will be, and if one of us writes it, we'll be rich. If it's already been written, we need to read the book and pronounce ourselves Freelance Feng Shui Nursery Consultants, make business cards, and again, rake in the cash.

Personally, I know next to nothing about feng shui, but I find it fascinating to listen to people who understand how it operates.

Posted by: Stacey at March 6, 2005 02:52 AM