Getting Rich the David Bach Way

His popularity as an author also led him to appear countless of times in many talk shows and financial programs both on TV and radio. David Bach made a name as a sought-after adviser in the field of personal finance. His ideas were published and became best selling work, which includes Automatic Millionaire and the well-known series Finish Rich.

Bach’s goal for publishing his work was to provide helpful advices to readers on how to manage finances and how to increase their wealth. Automatic Millionaire is to be considered the masterpiece that inspired other Bach’s other work. Some of his other publications that got the motivation from Automatic Millionaire included “The Automatic Millionaire Workbook,” “The Automatic Millionaire Homeowner,” and “El Millionario Automático.”

Bach’s Finish Rich series led to the establishment of “The FinishRich,” a media company. Bach founded FinishRich to provide education on finance and to provide a learning tool for people to think right about their money.

As a media outfit, FinishRich boasts of five segments which includes Radio and TV, Live Events, Internet and Direct Commerce, Partnerships and Publishing.

Included in the Finish Rich series are “The FinishRich Workbook,” Smart Couples Finish Rich,” Smart Women Finish Rich,” and “Start Late Finish Rich.” 

Bach has considerable experience as finance teacher. He coined The Five David Bach Questions. Bach believes that the answers to his questions will determine if one becomes a millionaire, and any yes increases the chances of becoming one. The questions are as follows:

1. Do you know your Latte Factor? According to Bach, if one wants to get rich, he has to look at the little things he spends his money on everyday and see if he could redirect it.
2. Do you “pay yourself first?” The idea is all about doing what you can and able to do, so you don’t need to spend on having others do what you can.
3. Have you made your financial plan automatic? A would-be millionaire should think about saving and planning his finances so that putting his earnings in investments is already automatic.
4. Do you own a home? To own a home is the best investment any person wanting to be rich should embark on.
5. Do you tithe? This is probably the most important of all five questions. Tithing is God’s formula for blessing people.

David Bach is married to Michelle with whom he had a son named Jack.