Month: May 2014

The Automatic Millionaire: Buy or Don’t Buy?

This week, The Simple Dollar takes a look at David Bach’s The Automatic Millionaire. I enjoyed Bach’s earlier book, Smart Couples Finish Rich, but will I like this one, too? Let’s find out. I’ll be honest: if I had read The Automatic Millionaire before I read Smart Couples Finish Rich, my enjoyment of The Automatic …

Categories: Books and Reading

Financial Independence Week: Paying For Your Own Education

College-age readers (and younger), this post is directly aimed at you. Paying for college isn’t easy, whether it’s you doing it or your parents covering it for you. Unless you were very lucky in the scholarship department, someone is facing a financial hardship from this: your parents, you, your future self, or maybe even someone …

Child Is Father To The Man: When Financially Stable Children Want To Help Their Parents Prepare For The Future

Several times during the ongoing discussion of financial independence on this site, readers have asked about how they, as young and financially stable professionals, can help their parents who have given them so much. Parents are often very uncomfortable about such situations, as they view it as a reversal of the parent-child relationship that they …

Financial Independence Week: Paying For Your Child’s Education

As a parent of a young child, I’m already struggling with the question of whether or not I should pay for my child’s post-secondary education, and how much I should pay for if I do. To put it simply, there is no easy answer to the question; if you were hoping to be told what …

The Automatic Millionaire: Make It Automatic

This week, The Simple Dollar takes a look at David Bach’s The Automatic Millionaire. I enjoyed Bach’s earlier book, Smart Couples Finish Rich, but will I like this one, too? Let’s find out. The remainder of the book finds Bach applying the “automatic pay yourself first” concept to various aspects of financial life: building an …

Categories: Books and Reading