The Automatic Economy and Two Escalators to Wealth

In this episode, you’ll learn the best financial advice you’ll ever hear.

It’s your guide to taking control of your money and learning the rules of how to make it, save it, and spend it better.

Maybe you’re trying to pay down debt.  

Maybe you’re wondering how you’ll ever afford a home.  

Maybe you’re doing “okay,” but you don’t feel confident about the future, and you don’t know the best place to invest your money.

Or maybe you want to know what really works to save money, make more money, invest money, and how to stop feeling like you’re behind.  

This episode will show you exactly what to do. 

Today, Mel is joined by David Bach. David is one of the most trusted voices in personal finance for a reason: He teaches the rules of money in a way that makes you feel calm, capable, and in control. 

He’s a 10-time New York Times bestselling author behind The Automatic Millionaire, and he’s here to give you the simple money habits and tools that you can apply to your life today.  

You’ll learn: 

-The rules of money that determine whether you build wealth or stay stuck (no matter what you earn) 

-”The 2 escalators to wealth” and how you can get on them

-The money mistake that can wreck your future even if you’ve “done everything right” 

-What every couple needs to know about money before it’s too late 

-The exact stocks to invest in over the long term

-The exact blueprint of what you should do with your 401k

-The $27.40/day formula that turns into $4.4 million

-Why you can start feeling better about your life before you’re debt-free 

-Specific advice for women, including what every widow needs to know

-The easiest ways to take control of your finances with the greatest payoff 

As David puts it, either you have a plan for your money, or someone else does.  

Your plan starts here.  

For more resources related to today’s episode, click here for the podcast episode page.   

If you liked the episode, check out this one next: More of the Best Financial Advice You’ll Ever Hear.

Connect with Mel:  

• Order Mel’s new product, Pure Genius Protein
• Get Mel’s newsletter, packed with tools, coaching, and inspiration.
• Get Mel’s #1 bestselling book, The Let Them Theory
• Watch the episodes on YouTube
• Follow Mel on Instagram
• The Mel Robbins Podcast Instagram
• Mel's TikTok
• Subscribe to SiriusXM Podcasts+ to listen to new episodes ad-free
• Disclaimer

Hosted by Simplecast, an AdsWizz company. See pcm.adswizz.com for information about our collection and use of personal data for advertising.