Title: Choose To Become Rich Automatically
Product review: There are no new ideas in this book nor are there any secrets to becoming rich. Basically, the whole book discuss having part of paycheck, pre-tax if you can do it, deducted automatically and let compound interest and time work its magic to make someone rich. Needless to say, the younger you are when you start this, the better off you'll be. Most of the calculations in the book presume that the investor will be able to obtain 10% annual returns over the course of their lives, which is always hard to predict given our volatile future and the state of the markets. What this book does do well, however, is motivate the younger generation to start saving money for themselves and their future. We live in a culture defined by making more to spend more. This, we all recognize, is not wise, yet few people actually diligently follow the advice in the book. It's a short and quick read, but had it gone on too much longer it would have become too repetitive.
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