The Automatic Millionaire, Expanded and Updated: A Powerful One-Step Plan to Live and Finish Rich Paperback – December 27, 2016

I first read the Automatic Millionaire in 2007. I immediately made changes according to the common sense advice given in the book— such as setting up bi-weekly mortgage payments. I saw it again in 2025— Kindle format. I purchased it and re-read it. For the most part my wife & I been doing everything right. But in reconnecting with the book I found that there are a few more improvements that we can make. So, we’re in the process of making those changes for a more secure financial future. This is a wonderful book containing a wealth of financial insight. I highly recommend this book.

Being about 5-7 years from retirement (hopefully) I wasn’t sure if this book would have much value to me. While I consider myself to be fairly informed on basic savings and retirement planning, I found the book to be very informative, reminding me of things that I had never done and forgotten or known but not implemented. It helped me to revise and improve my plan by deliberately targeting increasing my savings and paying down my mortgage more quickly. I have gotten a copy of the book for my daughter and am recommending it to family members and anybody else looking to improve their retirement strategy and become an automatic millionaire. Quick read that is interesting and informative with simple ideas that anybody can use!

I must say this book has literally changed my way of thinking which will also change my life. It's very straightforward with PRACTICAL tips that one can start right away... No fluff!Never know and then you come across valuable information that you would want to share with your loved ones to make sure that they know it too. Well this is exactly what this book does.This is information that is not taught in school. Go get it and after you read it gift copies to the ones you love and I promise you your lives will never be the same.

In my opinion, if a personal finance book is going to really have quality knowledge I think its got to have the core principles. Pay yourself first, get out of debt, emergency fund, retirement, etc. These are all fundamental in wealth building and this book does a great job in each chapter of breaking it down in such a way that the common man or woman with their daily lifestyle can adapt to and incorporate. While like other books it does seem to get repetitive and I often think to myself, "Oh great! Another Dave Ramsey or Robert Kiyosaki telling me the same thing blah blah blah" this one stands out because the entire premise of the book is to make everything automatic. Direct deposit a portion of your pay to your retirement, set it up so that when you give up budgeting on the 3rd month or week because lets be honest we all do, you will still be saving money that is out of sight and out of mind. While portions of the book may be repeated knowledge to some, it is an eye opener for others, at 25 yrs old I am happy to be learning these lessons now as opposed to during the next recession. Growing up in an area where in 08' seemed like every kids parent's were losing their jobs (my parents as well) it really is a scary thought thinking back to that time. Fear is what it took me to start reading financial books and this one I will throw up there with the top of them, especially in the 21st century. Read this book, you will think a lot, you will be anxious but motivated, but most of all you will be educated, and you will thank yourself later.

This is a great book to read and get ideas on how to set yourself up for financial success in retirement. I wish I had read this in my 20's. This book was recommended by a Youtuber "Financial Tortoise".

The Automatic Millionaire is a quick easy read and in plain language that anyone not financial savvy can understand. I purchased it years ago when it was first published and use it anytime I need financial advice. Each chapter covers different financial basics from clearing debt to buying a home to retirement planning. I’m a slightly above minimum wage worker but it helped me realize my biggest goal, buying my own home, it explained step by step every part of the buying detail. Got me watching my credit score finally over 800. That’s my success.

Recently I have been enjoying reading books on saving and investing (I know, super lame lol). However this book was unlike any other book I have ever read. It hooked me immediately by making it very personal about a couple I could only hope to envision was my wife and myself in 20 years. Through some very simple story telling and avoidance of complex math and explanations, it just gives you the simple truths about investing a good portion of your wages and living below your means. I am sure many people will say “duh” at the concepts in this book on how you should put aside a percentage of your money for your future self. However this book tells the story through a couple that provides hope that you can do it yourself, which is very motivating. Read the book. You will see that you can also be successful if you make the right choices. This book was so motivating that I finished it in 3 days. I frequently get bored reading, but I couldn’t put this down.Key Concepts:Invest 10-20% of your wages for retirement before your take home pay. You won’t miss it.Avoid silly debt like expensive cars and things that you might think impresses people. Nobody truly cares.Live below your means and let the difference create wealth.I hope the emotional effect this book had on me can work on you, and give you the motivation you need to take action to automate your finances. It is so simple anyone can do it.

This is going to sound dramatic, but this book changed my life. You should read it even if you're already good with your money. There isn't anything earth shattering inside, but it reinforces simple principles and helps you develop plans to enact them!