David Bach

speaker

707 appearances 1 recordings 1 series first heard Aug 2026 last heard 4 Aug

David Bach’s voice in public audio — every appearance, attributed to the second.

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Recordings per month over the last 12 months — 1 in all, peaking in Aug 2026 with 1.

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THE ED MYLETT SHOW · How To Become A Millionaire Feat. David Bach · 4 Aug 2026 podcast

And then they live paycheck to paycheck.

So the secret to building wealth, and it's not a secret, it's a system, is that on any income, you have to make a decision.

And that's the key.

You have to make a decision that the first person who gets paid is you.

That's single decision changing your whole life.

Now, when I break it down, you want me to break it down like what that looks like?

Yeah, sure.

You know, you saved $20 out of each paycheck.

Typically, what I teach is you need to keep the first hour day of your income.

So whatever you earn an hour, it could be minimum wage.

You could be making $20 an hour, $30 an hour, $50 an hour, whatever you make an hour.

The first hour day of your income has got to get saved right off the top.

Now, the best way to do that, to pay yourself first, is that you automate it.

So if you have a job with a 401k plan, you automatically move, and the percentage is 12.5% of your gross income.

That's one hour a day of your income.

I let out my kids.

I don't want them to save 12 and a half percent.

I actually want them to save 15% of their gross income.

But at a minimum, you need to save at least 10, right?

So keep it simple.

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