🎯 All Moments (22)
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Why Marriage is the Ultimate Business Contract
David Bach argues that prenups are essential business tools for marriage, explaining the legal requirements and why they should be handled long before the wedding date.
The Financial Fire Drill Every Couple Needs
A sobering look at why both partners must be fully involved in household finances, highlighting the statistical reality of early widowhood and the necessity of shared access to accounts.
How to Shave 7 Years Off Your Mortgage
David Bach provides a simple, actionable strategy for paying off a home mortgage significantly faster using extra payments or bi-weekly schedules.
Why Boring Investments Make You Rich
David Bach argues against the 'sexy' trend of day trading and crypto, explaining that true wealth is built through 'boring' index funds while 'sexy' strategies often lead to ruin.
Homeowners vs. Renters: The 40X Wealth Gap
David Bach highlights the massive disparity in net worth between homeowners and renters in America, arguing that home ownership is a primary driver of ordinary wealth.
The 100-Day Challenge to Save Your First $1,000
Bach provides a simple, actionable challenge for those struggling to save, designed to help them surpass the 50% of Americans who have no savings at all.
The Myth of Taking Risk: Why 'Get Rich Quick' Schemes Keep You Broke
David Bach challenges the common advice that young people should take high risks, arguing that chasing meme coins and NFTs often leads to permanent financial setbacks.
Why Real Estate Beats Stocks: The Power of Leverage
David Bach explains why comparing stock market returns to real estate appreciation isn't 'apples to apples' because of the massive advantage of mortgage leverage and tax-free gains.
The Three Baskets of Wealth: Retirement, Emergencies, and Dreams
Bach outlines his foundational 'three baskets' framework for dividing income to ensure long-term security, safety, and the ability to fund personal dreams.
The $2 Million Cost of Renting
A powerful breakdown of the cumulative cost of rent over 30 years and why renting is a poor long-term wealth-building strategy compared to homeownership.
The DOLP Method: A Simple Formula to Escape Quicksand Debt
David Bach explains the 'Done On Last Payment' (DOLP) strategy, a psychological approach to paying off debt by focusing on the smallest balances first to build momentum.
The Three Types of People: Consumer, Employee, or Investor
A powerful story about David's grandmother teaching him the difference between consuming at McDonald's, working there, and owning a piece of the business through stock.
The First Hour Rule for Automatic Wealth
Bach explains the specific mathematical formula for becoming a millionaire: paying yourself the first hour of your workday income (12.5%) automatically before the government or bills get a piece.
The Myth of 'Investing the Difference'
Bach calls out the common financial advice to 'rent and invest the difference' as a myth, arguing that in the real world, people simply spend the extra money on a nicer lifestyle.
Why Manual Saving Fails: The Power of the Automatic Millionaire
A deep dive into why willpower is insufficient for saving and why automation is the only consistent path to building wealth used by ordinary earners.
Why You Married Your Financial Opposite
David Bach explains the common phenomenon where savers and spenders marry each other, and why this dynamic is the leading cause of divorce if not managed through shared values.
Waking From a Coma Without Your Passwords
David Bach shares a personal story of surviving meningitis and a coma, only to realize he couldn't remember his bank passwords, illustrating why one partner shouldn't 'manage everything' alone.
The Buckling Safety Net: Why No One is Coming to Save You
A stark warning about the future of government entitlement programs like Social Security and why individuals must take personal responsibility for their wealth in the age of AI.
How $27 a Day Becomes $4.4 Million
David Bach presents the 'magic number' of $27.40 a day, showing how consistent small investments can lead to multi-million dollar wealth over a career.
The $27 a Day Path to Millions
David Bach breaks down the math of how a small daily expense of $27.40, if invested over 40 years, compounds into over $4.4 million, demonstrating the power of small habits.
The Apple Phone Hack to Save Hundreds Monthly
A highly practical, step-by-step walkthrough on how to find and cancel hidden subscriptions using iPhone settings to instantly redirect 'lost' money into savings.
The 10-Year Question: Will Your Dream Live or Die?
Recounting a powerful exercise from Tony Robbins, David Bach asks listeners to consider if they will let their dreams die over the next decade or take action to fulfill them.