In Start Late, Finish Rich, financial expert and best-selling author David Bach distills and updates all the learnings from his more than 20 years of financial experience into an engaging, entertaining, and enlightening series. These 19 lessons will give you better control of your finances and put you back in the driver’s seat of your dreams. Along the way, you will discover why financial success is just as much about attitude as it is about accounting.
Start Late, Finish Rich
Overview
About
Trailer
01: Introduction to Workshop
Learn how Grandma Rose Bach inspired her grandson to build wealth over a lifetime in a way that’s timeless, true, and honest—and using an ordinary income.
02: Meet the Automatic Millionaire
How did one family with an average income of $35,000 pay off two homes, three cars, a boat, and put two kids put through college—and retire at 52? David walks you through their entire system.
03: The Automatic Millionaire Blueprint (Make It Automatic)
Discover why the secret to becoming an automatic millionaire involves something incredibly magical (and simple): paying yourself first by moving money from a paycheck into a retirement account.
04: Find Your Latte Factor
Don’t know where all your money is going? Learn to discover your “Latte Factor,” as well as key principles for using all those frivolous, unconsidered expenses to start to change your life.
05: Couples & Money
Stop fighting with your partner about money and learn to work together as a team for your betterment with couples-based exercises to organize your finances, get honest about money, and more.
06: The Best Financial Apps & Tools
David walks you through some of the best, most effective financial apps and tools on the market, including mint.com, Level Money, Acorns, and robo advisors like Wealthfront and Betterment.
07: Pay Yourself First!
Budgets don’t stick. Dig deeper into the concept of paying yourself first—and how by making it a habit (and even a financial philosophy), ordinary people can build real wealth.
08: The 5 Biggest Retirement Account Mistakes
Here, David walks you through some of the biggest retirement mistakes that he sees people make. Among them, having too many IRA accounts, trying to time the market, and taking too many risks.
09: Retirement Accounts & Investments
How should you invest your retirement money? How do target dated mutual funds work? What’s the right way to make your company’s 401(k) plan work for your goals? How much should you contribute?
10: Organize Your Money
The number-one financial challenge people have is organizing their money. But David’s here with this helpful discussion to show you how to sort through your financial life in less than an hour.
11: Crush Your Debt
Time to tackle your debt! David busts the myth of “good debt” and “bad debt,” teaches you the art of “Done on Last Payment,” and introduces you to forbearance and DMP plans.
12: Learn Your Credit Score
After giving you the good news and bad news about credit scores, David teaches you how to become your own best advocate when it comes to credit—and techniques you can use to protect yourself.
13: Be a Homeowner, Not a Renter
Learn why the smartest investment you’ll make is the home that you buy and live in. Plus, get advice on how to get into the game of home ownership, and ways to bubble-proof real estate investments.
14: Create a Financial Protection Plan
Walk through everything you need to protect your finances and your family’s finances. What should go into a will? Is a trust better because it’s a tax benefit? Do you really need life insurance?
15: Build a Dream Account
Make your dreams a little more possible with an account for non-retirement plans like a vacation or second home (or quitting your job)—and make those dream investments match your time horizons.
16: Grow Your Income
What is the concept of the “money machine”? What does it mean to “finish rich”? How can you turbocharge your income, so that small amounts of money can change your entire life? Find out here.
17: The 6 Biggest Mistakes Investors Make
David shows you how to prevent money loss by explaining the biggest mistakes investors make. Learn to avoid the pitfalls of limited partnerships, hedge funds, real estate partnerships, and more.
18: Smart Women Finish Rich
Female investors consistently outperform their male counterparts. In fact, women today are the entrepreneurs of America. Why is that? Take a closer look at the relationship between women and money.
19: Your Purpose-Focused Financial Plan
Ultimately, financial plans are less about numbers and money and more about what’s important to you—your “why.” Get tips for creating a financial plan based on your soul and your heart.