Automatic Wealth by Michael Masterson

In this book, Masterson outlines the six steps you need to take to achieve financial independence:

Recognizing reality
Planning to become wealthy
Developing wealthy habits
How to radically increase your personal income
Getting richer while you sleep
How to retire early

Unlike a lot of books on building wealth, what’s outlined in this book won’t take you 40 years to do. In fact, Masterson’s plan is based on a seven year cycle, which is perfect for those who are nearing retirement and don’t have a lot to retire on.

His advice is practical, and he actually shows you how to figure out how to determine how much money you need in order to retire comfortably. Getting to where you want to be won’t be easy, but it is possible if you follow this book.

There are tons of tips throughout the book to show you how to change your direction and get to where you want to be. This isn’t like a lot of books like “The Secret”, where you are taught that all you have to do is start thinking positive. This book is practical; it shows you what to do. It also points out something I have known for some time: pessimistic people get rich and optimistic people get rich.

True wealth, including money is about having the right mindset, but the amount of money you have has absolutely nothing to do with you being happy. You may have millions and still be miserable. You may have nothing and be deliriously happy.

Masterson shows that changing your mindset will help you achieve happiness, but just being happy won’t help you get rich financially. To have more than enough money to take care of your financial needs, you need a plan, and you need to take action and make good decisions.

Masterson shows you how to do all of those things while reducing your risk so you don’t lose your shirt in the process of building wealth.

I highly recommend this book for anyone whether you have anything to retire on or not. It will change the way you think, but more importantly, it will give you an actionable plan to achieve your financial goals.

Share and Enjoy

Tags: building wealth, make money, michael masterson

Filed under: Internet Marketing Reviews

Like this post? Subscribe to my RSS feed and get loads more!