Pay Yourself First and Retire a Millionaire | David Bach

BE FINANCIALLY SELFISH. Too many people are living paycheck to paycheck. Our debt has us in handcuffs. We don’t think that financial security is possible for us. But anyone can build wealth. Anyone. You just have to pay yourself first. The key is to have your money make money. With some simple math, you can see that putting away a little bit of money every day can bring huge results. On today’s episode of The School of Greatness, I talk about financial freedom with an incredible personal finance expert: David Bach. David Bach is one of America’s most trusted financial experts who has written eleven national bestselling books. His runway #1 bestseller The Automatic Millionaire spent 31 weeks on the New York Times bestseller list. He has appeared on NBC’s Today Show more than 100 times The Oprah Winfrey Show six times. David says that by paying yourself first, you can save enough to become a millionaire by the time you retire. So get ready to learn the power of becoming financially selfish on Episode 791. Some Questions I Ask: How much should someone put down on a home? (29:00) What is missing in my personal financial portfolio? (32:00) What are three steps that people can do right now? (53:00) What’s the best money advice you’ve ever heard? (1:04:00) In This Episode You Will Learn: Why you don’t need a budget (8:00) The three lessons about money David’s grandma taught him (11:00) The three secrets to financial freedom (19:00) The “rule of 72” (40:00) The dangers of subscription services (56:00) Follow me on: Instagram @lewishowes Twitter @LewisHowes Facebook @LewisHowes