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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

And I can give you a whole formula today on how to do that.

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

Okay, so the first thing I would say is your mission in life should be, three words, to pay yourself back.

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

first.

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

And the beauty of this, what I teach is this is the truth in every single country.

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

It doesn't matter what country you're in, you should pay yourself first.

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

When you earn a paycheck, the first person who gets paid is you.

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

When you have your own business, the first person who gets paid is you.

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

It's profit first.

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

Now, what is the formula?

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

The formula to how ordinary people all over the world, especially in America, have built

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

real wealth and become millionaires.

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

We have 24 million millionaires in the U.S.

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

right now.

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

I'm not quite sure how many there are in Australia, but these 24 million millionaires have been created roughly in the last 50 years.

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

Since I wrote The Automatic Millionaire 20 years ago, there's been 16 million more millionaires.

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

What did they do to become millionaires?

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

On average, they saved one hour a day of their income.

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

They paid themselves first the first hour a day of their income.

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

So I'll give you an example for somebody who has a job.

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

Most people go to work, they start work at nine o'clock and they work until five.