Good things happen to boring money. In this episode, I sit down with David Bach, a 10X New York Times bestselling author and serial entrepreneur who’s built 7-9 figure businesses, to talk about why wealth is built through consistent habits. We dive into the 20-year anniversary of The Automatic Millionaire, the belief systems he had to break around money, and why making more doesn’t automatically make you richer. David shares about mini retirements, designing your life intentionally, why waiting for “someday” is costing you more than you think, and the practical money moves every entrepreneur and woman needs to know. Tune in to learn why boring money habits create extraordinary wealth.
In this episode you will learn:
00:00 David’s favorite things about living in Florence.
03:00 How social life in Italy changes creativity and business.
05:15 Why you shouldn’t wait to “retire” to live your life.
07:30 Celebrating 20 years of The Automatic Millionaire.
11:45 The lesson David’s grandmother taught him about risk.
14:30 Why fear never fully goes away for entrepreneurs.
16:00 Why women must be in charge of their finances.
21:15 Why women live longer but retire with less money.
23:30 Surviving meningitis and the wake-up call it created.
29:45 What would you do if you had 3 years left?
33:30 The money belief David had to break.
36:15 The boring portfolio strategy.
41:00 Why you should stop chasing crypto and trends.
42:15 How to pay off your mortgage faster.
43:45 Why cash is not the same as a credit line.
45:45 You don’t need to be rich to start investing.
47:00 Why you should teach kids to invest early.
52:30 Who do you want to meet in the future?
RESOURCES
Get The Automatic Millionaire 20th Anniversary Edition HERE!
Grab Smart Women Finish Rich HERE!
Listen to the first chapters for FREE on The David Bach Show podcast HERE!
Learn more about David Bach HERE!
Apply for the Elite Entrepreneur Mastermind HERE!
Get on the waitlist for Mentor Collective Mastermind HERE!
Try glōci for 40% for first time customers using code HAPPY at checkout HERE!
FOLLOW
Follow me: @loriharder
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Follow David: @davidlbach