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Summary: Old advice - nothing new here...
Review: The book is OK, and I do mean just OK because it can be summed up as: (1) Don't spend you money foolishly buying expensive coffee drinks, etc. when you should be saving that money; (2) Put 10% of every paycheck away for your retirement; (3) Make as many investiments as you can through automatic duductions from your paycheck so you don't have to make a decision about it evey month and possibly not make the payment; (4) pay off your mortgage as quickly as you can and don't carry credit card debt - in other words, get debt free so you can use that money to also put away for savings.It's hardly an "automatic" millionaire plan in this book. You have to decide that you want every available penny you can squeeze out of current spending into savings. As I said, nothing new here, just the same GOOD, BUT OLD, advice. I recommend the following book for the same advice because it is more fun to read: The Wealthy Barber. Plus, it doesn't insult my intelligence that if I just give up Starbucks, I can be a millionaire too. The Latte Factor indeed! Oh, and by following advice from The Wealthy Barber, which was published in 1998 I think, I happily enjoy my lattes today guilt-free! But perhaps I'm just cranky because this author goes on-and-on about "The Latte Factor" as if every person he's spoken with in this book is just too dumb to realize that spending $5 a day on ANYTHING can add up to a nice nest egg if you saved it instead - that is until he points it out to them and they see the light!
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Summary: It really is all about discipline
Review: I recommend this book and give it four stars because it will help people save more money and that is a good thing. I am deducting one star, because David tells the reader "You don't need discipline." What? Most of the book is about methods and techniques that will help the reader gain more discipline (self control) over his spending. Let's not kid ourselves breaking long term enjoyable and expensive habits will take DISCIPLINE. Your feet will want to follow your nose into your favorite Starbucks. You will a require disciplined mind to keep on walking by.
The pay yourself first idea is a great way to impose discipline on yourself. But this tool can be used more aggressively. I have all of my income (excluding rental income) automatically deposited into my investment-nest egg account. So from the start I think of it all as capital meant for the future. And then I withdraw from it grudgingly for absolutely necessary or incredibly enjoyable expenses. I shoot for close to 80% saving. I miss, of course, you cannot live on nothing--but I hit about 50% savings rate. Is that not what Benjamin Franklin wanted us to do? P.S. David said that real estate is the best investment for most Americans. I think that is so true I want to give an extra half star for that.
Rating: 
Summary: If you ask me...
Review: This is a short, easy to read self-help book. It is basically about how to become wealthier than you are by using a lot of common sense ideas- ideas that should be totally doable for most people. I recommend it and think that mose readers will find at least a few nuggets of financial wisdom that they can readily use.
Rating:
Summary: Can't wait to put this book into practice
Review: This was a 33rd birthday present from my husband. I read it in one sitting, the very night I received it.
All I can say is that I don't remember a time being so motivated about money! I am looking forward to tomorrow to start living what this book suggests.
Because of the stategies in this book, I really feel confident that we will be able to save a large sum of money and be confortable in our retirement.
If you are looking for ways to "get started" this is a great book. The strategies are easy and quick, with little research necessary. Highly recommended!
Rating:
Summary: Build your foundation
Review: The Automatic Millionaire will show you how to build your financial foundation. Invest first and spend what's left. Pay yourself first before you pay your mortgage, utilities, groceries or even your credit card debt. Learn how to get out of debt and build wealth while still enjoying a great lifestyle.
Rating:
Summary: A book with real substance
Review: If you have bought and then read the huge 1,000 page books written by non financial authorities who are mere magazine writers, a book that is supposed to show you how to make the most of your money and come away disspointed, rest easy..Dave Bach is here with a book of real substance.It is not 1,000 pages of fluff, but 300 pages of real financial substance that will positively impact your bottom line.Read this along with Suze Ormans The Laws of Money and/or Terry Savage's The Savage Truth on Money. Ray Linder's Making The Most of Your Money (The original) is also excellent reading.Regarding that 1,000 page book, give it away or even throw it away and write it off as a tax loss.
Rating:
Summary: Well laid foundation
Review: The Automatic Millionaire is a great book in the sense that it provides a well laid out foundation that can be used to develop the skills that you will need to attain millionaire status. Knowing both the basic and more advanced methods that millionaires use is essential to the success of all aspiring millionaires. When you look closely at books like the Millionaire Mind or the Millionaire Brain you will see one important underlying theme, and that is that it is not enough to be aware of the skills needed to attain millionaire status, but it is also essential for one to have a firm grasp on the actual process of applying those skills to the pursuit of achieving the financial independence that people strive a lifetime to reach.
Rating: 
Summary: 70% Value 30% Filler; Good Read for the Beginner
Review: I enjoyed 'reading' this book. It was an excellent reminder of the basic concepts of automating savings, funding retirement accounts, creating an emergency fund and buying a home. There are several chapters that should be skipped if you want to get to the point. The first chapter is a testimonial. The fourth chapter can be summarized as "automate your savings using electronic transfers." If you already have an emergency savings covering three to six months costs, skip chapter five. If you already make biweekly payments on your mortgage, skip chapter six. Chapter seven, eight and the 'Final Word' are complete filler. Don't believe the 'You don't need a budget hype.' The form on page 136 requires the reader to total her monthly expenses (sounds like a budget to me...) A great gift to a financially ignorant friend. Maybe a waste of time for anyone familiar with the basics listed above.
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Summary: Automate it for Things in Life that You Really Enjoy
Review: There are a lot of financial books and advice out there. I have read a lot of financial books. Most of them are good, a few not so good. Some are not worth the paper they were printed on. I want to evidence, that Dave Bach has written an excellent book on how to get your financial house in order. In The Automatic Millionaire, Bach's keystone principle is to pay yourself first. This is not original at all. Stanley and Danko talk about this in The Millionaire Next Door. Givens taught this in More Wealth Without Risk and George Clason is perhaps the best known for teaching this in The Richest Man in Babylon. Robert Kiyosaki repeats this idea in every book of his Rich Dad's series. Once again, it's not news. But how many people really do it? I thought I'd give you one piece of advice, and it might be the best piece of investment advice you'll ever hear. There aren't very many easy ways to get rich. As someone once said, "Real money is easy to come by; it just takes a lifetime of work." But the miracle of compound interest is one of them. Over the last 75 years, the US stock market has averaged an 8% annual return. If you put $100 each month into a mutual fund, which mirrors the broad market, and started doing that in your twenties or early thirties, and the market averages the same rate of return, you would have a million dollars after forty years. You can do this with a deduction from your savings account each month so that it's automatic. When the market is up and over-valued, your $100 buys fewer shares. When the market is down and under-valued, it buys more shares. Over the long term, you optimize your purchase price for stocks and further increase your return. Over the last 25 years, the US market has actually returned almost 12%, so this would work even faster. This is a great and simple automatic way to invest. Unfortunately, too many even very knowledgeable investors don't pay attention to this one little investing trick. The Automatic Millionaire is an excellent book to teach how to reduce debt and accumulate wealth. I really like the idea of automating finances as much as possible. Dave Bach has numerous suggestions in his books that seems very helpful. I especially liked the way the author lists practical "Action Steps" at the end of each chapter. This book is an easy read. The Automatic Millionaire makes your personal financial planning simple. You have both the time and the money to make your dreams reality. And then you automate it, and with peace of mind, you can move on to the things in life that you really enjoy. Thank you Dave for sharing.
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Summary: HOW TO IMPROVE YOUR FINANCIAL WORTH
Review: For those who want to improve the financial aspect of their lives, author David Bach gives practical, easy "can-do" steps. Are you paying yourself first? Do you put aside just "one" hour of your day's pay in an IRA or your company's 401K plan? Author Bach believes that anyone can enhance their financial worth by following suggestions given in the book which also contains true stories from everyday people sharing exactly how they helped themselves. A clear, and informative roadmap to dropping some destructive spending habits and climbing the ladder of financial well-being and self-esteem.
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