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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.

Pros & Cons

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Pros

This book was recommended to me by dr myles munroe. We were gifted our first copy years ago. All in all, this book is fantastic and i would highly recommend it!

I'm not a saver and always paycheck to paycheck so that's huge for me. Making it automatic takes the thinking away from your finances. Teaches automatic methods to saving for retirement. It's more about creating a long term consistent plan.

David bach's book is a must-read for any financial planner. It's not flashy or exciting, but it is the strategy that most american millionaires have used to arrive at a seven figure net worth.



Cons

A lot of filler and repetition of content. And repetitive of points from other books.

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Highlights

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Quality


I had planned to just read 20 pages or so but the book drew me in with the easy to understand concepts and advice and i found m...  Read More


However i will say i disagree with the author’s views on budgeting

Competitiveness


This book and retired inspired are my favs

Overview

  • How are reviewers describing this item?
    great, easy, financial and simple.
  • Our engine has profiled the reviewer patterns and has determined that there is minimal deception involved.
  • Our engine has detected that Amazon has altered, modified or removed reviews from this listing. We approximate total reviews altered up to 502.
  • Our engine has discovered that over 90% high quality reviews are present.
  • This product had a total of 3,123 reviews as of our last analysis date on Aug 6 2023.

Helpful InsightsBETA

The AI used to provide these results are constantly improving. These results might change.

    Posted by a reviewer on Amazon

    I had significant credit card debt and no clearly defined retirement strategy


    Posted by a reviewer on Amazon

    However what i dislike is the notion of investing to enjoy your retirement


    Posted by a reviewer on Amazon

    For example if you own more than one property you could make one of them into a rental property so you can make income off it or if you have only one property but have enough money to buy another property and make one of them into a rental property you should go for it


    Posted by a reviewer on Amazon

    However i will say i disagree with the author’s views on budgeting


    Posted by a reviewer on Amazon

    I find that most people are never educated or shown how to properly save money for themselves


    Posted by a reviewer on Amazon

    Being about 57 years from retirement hopefully i wasn’t sure if this book would have much value to me


    Posted by a reviewer on Amazon

    Not many people and i must admit i was in the group


    Posted by a reviewer on Amazon

    It’s not selling anything or trying to get you to buy a course how to “get rich quick”

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Please note: The content is generated by an AI language model based on reviews. We are constantly improving the accuracy, however, its outputs may contain errors or offensive content from certain reviews. Please report any errors or offensive content to us. Also, please note that we will not collect your questions unless you click the thumbs up/down button to provide feedback. The answers displayed will be stored by us so if another Fakespotter asks a similar question we can provide them an answer faster. Your feedback will only help us make Fakespot Chat better! By using Fakespot Chat, you agree to Fakespot's terms of use and privacy notice.