February 22, 2006

Let’s Get it Started….

Filed under: Financial

The Automatic Millionaire Discussion

We will begin discussing The Automatic Millionaire today. Below are just some questions to get us started. Feel free to add more questions and discuss. Also, take a look at the book selections for next month and cast your votes. For this round of book selections, Call2Arms will be the moderator.

1. When you first read the title of the book, what type of advice did you think Bach would give in becoming a millionaire?
2. Did the McIntyre’s give you hope that you too can become a millionaire? Were their practices something that you could incorporate into your personal finances?
3. What is your latte factor? And after reading the book, have you managed to decrease or eliminate the amounts you spend on your latte factor?
4. For me, learning to pay myself first is one of the hardest concepts to incorporate, what is the hardest advice to follow in this book?
5. After reading, have you automated any of your finances?
6. Is it better to save first or pay off debt?
7. For those who already own a home, can you give some of the benefits of home ownership?
8. And lastly, after reading the book, do you plan to incorporate any donations and/or tithing into your personal financial plan?
9. Which bits of advice do you plan to incorporate into your finances?
10. Additional comments.