As I continue on my quest to be financial independent and improving my money management knowledge, I came across the F.I.R.E movement (Financial Independence, Retire Early) that is popularised in the United States. After some digging, it seems that this sort of lifestyle may not be suited for everyone as it involves living frugally and eventually achieving financial freedom to quit your job and retiring early.
Here comes David Bach's money management book on The Automatic Millionaire.
Forget about Budgeting.
David touches on small simple yet effective actions to make your savings automatic because he knows that most of us do not have the discipline to invest and save up regularly. By automatizing such actions, he is able to give insights to readers on how over time, such small savings and actions can add up. Hence, amassing sufficient money to retire and not living from pay check to paycheck.
This book is recommended for all of us who feels that their bank account is not growing as much as they want to be. Do share your thoughts in the comments section below and I would love to hear from you.