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Greetings,
I can't believe the summer is half over! Hopefully you're taking advantage of these long summer days by relaxing with family and friends.
Since August is a popular vacation time for many people, I wanted to send you my latest newsletter a bit early. I also couldn't wait to share with you an important article I recently wrote for AARP Magazine, titled after my latest book Start Late, Finish Rich. This article may be extremely helpful to you or to someone you know, so I encourage you to read it and forward it to someone whom you think might find it valuable.
To read the article, click the following link:
www.finishrich.com/aarp
As a companion piece to this article, I was also interviewed on the AARP Radio Show. To listen to the show, click here.
And since this article is based on my book Start Late, Finish Rich, we have decided to put the book on sale in our bookstore. Click here to buy the book today and get 20% off and $750 in free gifts!
Whether you're sitting on a beach during your vacation or sitting outside for a lunch break, having a great book to read is essential for the summer. With so many new books out there to choose from, it's often hard to decide what to spend your hard-earned money on. So, here's a short list of great books that I wanted to recommend because they have had a positive impact on my life. Enjoy!
I was also honored to find out that The Automatic Millionaire made the CEO of ING's 'Favorite Summer Reading' list. See the other ING picks by clicking here:
http://www.finishrich.com/pdf/news/1120655336.pdf
There are still several events where I'll be appearing this summer (both live and via an exclusive new video feed presentation), so if you are in the area, please register for one of these events and come say hello!
Upcoming Events:
August 6 - Boston, MA - The Automatic Millionaire Click here to register!
August 27 -Columbus, OH - The Women's Financial Conference Click here to register!
September 8 - Louisville, KY - Smart Couples Finish Rich Click here to register!
September 10 - Los Angeles, CA - The Automatic Millionaire Click here to register!
Now
you can get connected and motivated by meeting with other FinishRich
members and readers in your own community! (We're just getting started
and already have hundreds of members in 35 groups worldwide.)
FinishRich Meet Up Groups give you the opportunity to share and learn
with other like-minded people who are helping each other to live and
finish rich.
Click here to learn more about these FREE Meetup Groups or find out how you can start your own FinishRich group in your area!
I thought it would be great to end this newsletter with some great motivational success stories from the FinishRich Community. I'm constantly amazed by the inspiring stories that come in every day, and I hope you find them just as encouraging and enlightening.
David,
I am very inspired by the Automatic Millionaire. My wife who worked hard to earn a MPA has a chronic debilitating disease and can't work. So I support my family of five on less than $40K a year working in my families business. Yet with the encouragement I have received by listening to the book we have decided to come up with the money to pay off credit cards in about 5 yrs, put away for a "rainy day" (which may come sooner than we thought since we just found out our infant son may have cancer), retirement and get the house paid off as fast as possible. I can't afford much money now but it is better than putting away nothing and doing nothing with the couple of thousand we now have in a mutual fund. My young family will get through these hard times with a little faith and some fantastic financial guidance from you. Thank You so much for not being a rip off and offering real solutions to saving money for the future that are easy to follow. This was the first financial book I have ever purchased and I am glad I did. I am 33 with little savings but if all goes well I think I can retire in 17 to 22 years and live a very comfortable life thanks to you.
- Shawn W.
Wilmington, DE
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Dear Mr. Bach,
I have to start by saying you are so awesome! I read your book Smart Women Finish Rich, I could not put it down. Never in my life has one book been so powerful and become such a life changing experience. I appreciate so much that you have shared your knowledge and expertise with others. Currently I am making a master plan to apply all of your principles and taking action steps to finish rich! I have already increased my personal rate on return on my 401k from negative 1.5% to 5.4% without the advice of their corporate agents who recommended I invest into the negative 1.5% funds. Boy do you have to watch out! I went on to buy and read Start Late, Finish Rich, I am 24 but I feel so behind already!
What I really wanted to tell you is how your chapter called Make More on eBay has assisted me in advancing my corporate career. Currently, I work for a major insurance firm and almost everyone must start at an entry level position my education is in marketing and I really want a marketing position at the company. (I am doing this career until I start my own investment firm and become a financial advisor since you have inspired me to change gears!) Well my company is huge and it is hard to get positions and meet important people. As I was reading your chapter about eBay I was thinking I have always wanted to sell stuff on eBay but what? Well, I have a collection of baseball at first I thought that would be perfect, but then I changed my mind because of time constraints and little knowledge or interest in baseball. Well I decided to sell the collection on our corporate classifieds website. Although it took a few weeks to sell the collection the experience has been priceless. I have met so many important people over these cards. As I was responding to inquirers about the cards I began learning about the company new projects and key players. I even had a director offer to spend some time with me going over a possible position in his department. I can not even begin to thank you enough for sharing your inspiration and knowledge, again I must say you are so AWESOME! Thanks a million Mr. Bach! You're the greatest!
Christina V.
Jacksonville, FL
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Dear David,
You're the best thing that ever happened to me! My life has been consumed by credit card for almost 6 years now. I was divorced in 1999 and went to one income of $35,000 and being a single mother. I agreed to settle for $40,000 in credit card debt and a car loan of $8,000 just to avoid further legal fees. Everyone told me to file bankruptcy since the cost of living in New Jersey is outrageous, but I'm happy to say that I didn't. And very proud too. I spent 4 years trying to research financial books etc to find a way to get out of debt, learn about investing and saving, etc. I found it difficult to understand and frustrating since there was never enough left after making all my monthly minimum payments. But, I just kept persisting away. After I paid one card off, I would close it, cut it up and cheer. Then would send that payment to another card etc, but quite frankly, I wasn't saving a penny. So, if a rainy day or emergency came, boom, back to the use of my credit cards. A lose-lose situation for me, win-win for the credit companies. I had a full time job and decided to work 4-5 nights also for 3 1/2 years for tips. I figured cash was quicker. With every penny I made I went to the department store and paid the credit card down. Every birthday check and income tax check also went directly to my credit cards. I felt like that was all I was living for and it was very depressing (especially always saying no to my daughter for things).
Well, when I saw you on Oprah I stopped in my tracks. Quite frankly, I just happened to get done work early that day for no apparent reason and flipped to her show. I just listened to you in awe. Especially the other folks you had on and I finally felt like I wasn't the only one in debt. Nobody I know talks about money unless they have tons of it. When the show went off, I called my best friends and told them about you. I drove to the store and bought automatic millionaire. I only put it down to sleep a few hours that night. I finished it the next day. I felt so refreshed. I just knew I could do this. It was so easy to understand. I set up my latte factor sheet for the week, I set up a DOLP schedule and I called and lowered my interest rates too. Not everyone was nice so I closed their accounts. For once I felt good about working toward my goal of no credit card debt and I went at it with enthusiasm. I won! As of June 29, 2005 I officially made my last credit card payment and was thrilled to call the company and close my account. I cut the card up into as many pieces as I could and was dancing around crying in pure joy! It seemed like it took an eternity, but I did it! Yeah! I actually felt like I lost 100 pounds. I used to be up at night crying over my debt. Not any more. I go out of my way to make sure the one card I have left maintains no balance ever again. It stays at home strictly for emergency purposes. I'm also proud to say that I've set up an account with ING Direct, whom I never heard of till you, and am saving automatically a little each week from my paycheck. That's awesome! And I have opened my 401K at work and was putting in 7%, but we got a raise last week of 3%, so I increased it to 10%! I love it!
Now, I've read Start Late, Finish Rich book too, since I'm almost 30. I'm working on my next goal of buying a condo for my daughter and I. She loves your sight and goes to every link you give for kids and cash. We're still packing our lunches, eating at home, working overtime as much as I can, and always finding free, but fun activities to do at libraries and through our community too. I feel like I have a whole new outlook on life. David, you've given me gifts I never knew I had. I've accomplished a huge goal, found happiness, control over my life again, power in myself, and determination again. Being a single mom with those great characteristics will only help my daughter to achieve much in her life too. So, you've touched us both. Thanks again and God Bless you! You're the best! And thanks for taking time to help others!
Dawn K.
Long Branch, NJ
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I hope you continue to enjoy a happy and healthy summer!
Your friend,
David Bach
Founder, FinishRich Media
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The FinishRich Newsletter is written and produced by David Bach and FinishRich Media. If you have any questions or comments, you can contact us via our online form by clicking here.
This newsletter is purely informative and does not represent an investment or tax recommendation of any kind. Please consult your financial or tax advisor before making any investment decisions.
Copyright © 2005 FinishRich Media
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