The Top Inspirational Quotes From The Book Automatic Millionaire by David Bach

David Bach wrote the book Automatic Millionaire which covers unique ways to be frugal and invest your money. Although I don’t agree with everything David Bach teaches in this book, it’s still a great book to get started in understanding how to manage your money properly.

Below are some great quotes from the book. Enjoy.

“Life is not easy. But that’s not the only truth that matters in this context. It also happens to be true that it takes just as much effort to have a “bad life,” in which you don’t get what you want, as it does to have a “good life,” where you do. So given the choice, why not go for the good life?” 

― David Bach

“In fact, studies show that less than 1 percent of Americans write down specific goals for themselves each year. That’s a shame, because writing down your goals is powerful.” 

― David Bach

“It’s neither safe nor practical to assume that man in your life can be counted on to take care of your finances.” 

― David Bach

“Money is not an end in itself. It is merely a tool to help us achieve some particular goal. If the way we handle our money conflicts with our personal values, we are not going to wind up living happy and fulfilled lives.” 

― David Bach

“[Many people] plunge into all sorts of detail about what they want to accomplish, what investment they should buy, and where they want to be, without fist making sure they know where they stand now.” 

― David Bach

“I can understand wanting to have millions of dollars, there’s a certain freedom, meaningful freedom, that comes with that. But once you get much beyond that, I have to tell you, it’s the same hamburger.” —Bill Gates

“If millennials don’t buy a home, their chances of actually having any wealth in this country are little to none. The average homeowner to this day is 38 times wealthier than a renter.” —David Bach

“The best investment you will ever make is in yourself.” —Grant Cardone

“Failure is an option here. If things are not failing, you are not innovating enough.” —Elon Musk

“I think frugality drives innovation, just like other constraints do. One of the only ways to get out of a tight box is to invent your way out.” —Jeff Bezos

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Author: Khoa Bui

Khoa Bui is an author, trainer and chief editor of YouBeRelentless. He enjoys reading books on self development, success, productivity, money, relationships and leadership. When he's not writing, he likes to enjoy a glass of red wine with a fine cuban cigar while watching the entire season of Entourage. You can check out Khoa's work at

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