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David Bach

๐Ÿ‘ค Speaker
1362 total appearances

Appearances Over Time

Podcast Appearances

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Right.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Like, hey, let me tell you what my credit score is.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Let me tell you how much money I've set aside for retirement.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Let me tell you how I save and invest.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

People don't typically do that.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

And often what's amazing is people get married and they don't even know that their partner has credit card debt or student loans or bad credit score.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

um as you get older people talk about money because you're now managing the household and you're managing money together and there's a lot of issues that come to play and so i find people in their 50s and their 60s have talked about money now they might be fighting about it right fighting about money is the number one cause of divorce um and when you get couples on the same page financially you create a better couple which is really important

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Like if you want to know how to have a better marriage and have guys have more romance in your life, get your finances fixed.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Because nothing ruins a marriage and relationship faster than fighting about money on a regular basis.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

No.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

In fact, most couples have separate accounts like, you know, you'd have a he account and she account.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

And then often couples have a we account.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Right.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

They have an account that certain expenses are paid for out of the we account.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

And every household runs differently.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

Usually what happens in most households is that one person takes charge of paying the bills.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

But because people are getting married later in life and often not getting married, what I see is most couples are coming to the table with multiple credit cards of their own.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

They've already got their own bank accounts.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

They tend to pay their credit cards separately.

Sonia and Simon
How to Become an Automatic Millionaire with David Bach | The #1 Wealth Habit You're Not Doing

And then they often put money into a joint account to cover household expenses.