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Automatic Wealth for Grads... and Anyone Else Just Starting Out

von Michael Masterson

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"Michael Masterson has personally helped more people achieve financial independence than anyone else I know. He has been a valuable mentor in my own life. Michael's credentials go far beyond the fact that he is an extremely successful businessman. (There are thousands of those.) He has a unique gift for discerning--and explaining in easily accessible terms--what it really takes to succeed. Automatic Wealth for Grads will give any young person a tremendous headstart for achieving their financial and professional goals at a very young age." --Justin Ford, author of Seeds of Wealth: An Incredible Wealth-Building Plan for Your Children and Editor of Main Street Millionaire "Only time will tell whether you will have the guts and honor to follow Masterson's masterful plan. Good luck!" --From the foreword by Mark Skousen, Adjunct Professor, Columbia University, 2004-05 and Benjamin Franklin Chair of Management, Grantham University Organized around proven wealth-creating principles, this invaluable guide reveals powerful techniques and strategies that have personally worked for Michael Masterson as well as for the many people he's helped become wealthy and successful. Filled with in-depth insights and practical advice, Automatic Wealth for Grads will show you how to: Choose a great career, get your first job, and rise to the top of your field Continuously increase your income on a fast-track basis, and get the biggest raises of your life Profit from the real estate market--even in today's uncertain market Start or gain equity in a business that will provide an automatic future income stream Invest in the stock market, save money on taxes, make purchases that appreciate, reduce your credit costs, and achieve financial independence while you are still young enough to enjoy your money… (mehr)
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Many of the things he says I don't agree with but he provides a wealth of knowledge about money/career to anyone willing to listen. But at the heart of the book, I think the message is really "Yes, you can."

Can anyone offer a more important empowering message?

You can subscribe to the guy's website and read a lot more of for him for free - which is how I found out about the book. If I were to rate his 6 days a week newsletter, I would give it a 4.5/5.0 and I recommend him to anyone willing to make a step in a new direction.

( )
  wellington299 | Feb 19, 2022 |
I have to admit, even though my passions reside with the literary deep down part of my soul must be Machiavelli(or perhaps even Gordon Gecko). Essentially, the same elements that drew me into Rich Dad, Poor Dad drew me into this book. The genre is well tested at this point--a catchy title (that demonstrates the power of well-thought out marketing), a catchy story, more than a bit of guru-language to stir the emotions, and a lot of great business wisdom that borders on common sense.

I think for those actually looking to draw something out of the book, it's the common sense that you will most like. When it comes to issues of money, common sense and prudence are usually too things that are in short supply. This book (like Rich Dad, Poor Dad) acknowledges the mysticism involved in issues of money. Matheson breaks down that mysticism by emphasizing the tried and true principles of industry and thrift.

For me, it's the guru-ism that I have trouble stomaching. I generally like the way the book is organized, and it tells a good story, but in the end, my passions reside with too many other things for me to want to go full out implementing the recommendations. One of the criticisms of this genre is that people feel empowered after reading the book, and then realize that the "automatic" aspect has been overplayed. The logic is easy enough, but building good habits in everyday life requires discipline. I have yet to meet a book yet that can easily create a disciplined person. ( )
  DanielClausen | Oct 16, 2010 |
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"Michael Masterson has personally helped more people achieve financial independence than anyone else I know. He has been a valuable mentor in my own life. Michael's credentials go far beyond the fact that he is an extremely successful businessman. (There are thousands of those.) He has a unique gift for discerning--and explaining in easily accessible terms--what it really takes to succeed. Automatic Wealth for Grads will give any young person a tremendous headstart for achieving their financial and professional goals at a very young age." --Justin Ford, author of Seeds of Wealth: An Incredible Wealth-Building Plan for Your Children and Editor of Main Street Millionaire "Only time will tell whether you will have the guts and honor to follow Masterson's masterful plan. Good luck!" --From the foreword by Mark Skousen, Adjunct Professor, Columbia University, 2004-05 and Benjamin Franklin Chair of Management, Grantham University Organized around proven wealth-creating principles, this invaluable guide reveals powerful techniques and strategies that have personally worked for Michael Masterson as well as for the many people he's helped become wealthy and successful. Filled with in-depth insights and practical advice, Automatic Wealth for Grads will show you how to: Choose a great career, get your first job, and rise to the top of your field Continuously increase your income on a fast-track basis, and get the biggest raises of your life Profit from the real estate market--even in today's uncertain market Start or gain equity in a business that will provide an automatic future income stream Invest in the stock market, save money on taxes, make purchases that appreciate, reduce your credit costs, and achieve financial independence while you are still young enough to enjoy your money

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