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Download Automatic Wealth: The Six Steps to Financial Independence Audiobook (Unabridged)

Extended Audio Sample Automatic Wealth: The Six Steps to Financial Independence (Unabridged) Audiobook, by Michael Masterson
3.88 out of 53.88 out of 53.88 out of 53.88 out of 53.88 out of 5 3.88 (8 ratings) (rate this audio book) Author: Michael Masterson Narrator: Alexandra O'Karma Publisher: Recorded Books Format: Unabridged Audiobook Delivery: Instant Download Audio Length: Release Date: October 2008 ISBN:
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The advice and concepts outlined in Automatic Wealth are best suited for those in their 30s-50s who recognize that their current job will never afford them true financial independence. Rather than encourage readers to quit their day jobs today and launch into a new scheme tomorrow, Masterson shows how to turn your skills and experience into significantly more money within seven to 15 years. For those just getting by, he details how to get the biggest pay raises now and how to move into more lucrative ventures in the near future. For those with some savings, he offers specific advice on building equity and increasing net worth significantly and quickly. Since Masterson made his millions starting and developing small businesses, he encourages people to become entrepreneurs themselves and discusses which kinds of ventures to invest in and which ones to avoid. He also stresses the importance of developing multiple income streams, offering chapters on real estate, stocks and bonds, consulting, direct mail, and other opportunities.

In addition to concrete steps, Masterson also writes about attitude and expectations. His first step, in fact, is to take an honest and realistic assessment of your current financial situation and prepare yourself to change habits. He stresses that you must make getting rich a priority and devote the necessary time to it--act immediately and don't wait until the perfect moment to change your situation (hint: the perfect moment rarely arrives.). Clearly written and filled with informative anecdotes and examples, Automatic Wealth will not make you a millionaire overnight. It could, however, make you one in a decade, and that's a timeline most people can deal with. Download and start listening now!

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Listener Opinions

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Vinnydbullet | 9/24/2013

    " Great book to get you motivated to start working. "

  • 2 out of 52 out of 52 out of 52 out of 52 out of 5 travelgirlut | 9/9/2013

    " I read the first half and flipped through the second half. While the author makes some good points, I think I'm just too lazy to follow his methods. Basically he's saying work really hard and you'll make lots of money. I'll just stick with saving 10 percent and not plan on retiring for 40 years. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Becky Jenson | 2/25/2013

    " Excellent advice. NOT a get-rich-quick book. Glad to know we are on the right track. Also new steps we will be taking soon :) "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Paul | 6/10/2012

    " A great first investment/ finance book. "

  • 3 out of 53 out of 53 out of 53 out of 53 out of 5 Barry | 5/5/2010

    " Certainly one of the less sophisticated "get rich slowly" self-help style books. Some decent enough insight and a few good points make it a worthy bathroom read. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 George Ramirez | 4/29/2010

    " Great book. I enjoyed this book. I understand i can't apply every part of this book to my life. But a great deal of it is useable. "

  • 4 out of 54 out of 54 out of 54 out of 54 out of 5 Kay | 2/22/2010

    " I thought this book had some good tips that weren't just run of the mill. It went into a lot of detail on adding real estate to your portfolio. Nice charts; it seemed like it had pretty sound advice. "

  • 5 out of 55 out of 55 out of 55 out of 55 out of 5 Becky | 5/28/2008

    " Excellent advice. NOT a get-rich-quick book. Glad to know we are on the right track. Also new steps we will be taking soon :) "

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About the Author

Michael Masterson started his first business when he was eleven years old, and in the forty-five years that have elapsed since then, he has started dozens of successful businesses. The author of numerous business books, several of them New York Times and Wall Street Journal bestsellers, Masterson consults for private clients and writes the Palm Beach Letter, a newsletter for individual investors.

About the Narrator

Alexandra O’Karma has appeared on regional stages, television, film, Broadway, and off-Broadway. You may have seen her with Tommy Lee Jones in the film Yuri Nosenko, KGB or on episodes of One Life to Live. She was the Reader in the four-time Emmy winner, Festival of Lessons & Carols and appeared on Broadway in Getting Married. In the national tour of Death Trap, she performed with Elliot Gould, and she played opposite George Segal in Toronto in the contemporary play, Double Act.