The Automatic Millionaire Mindset (Why “Boring” Money Wins) with David Bach

Earn Your Happy

Lori Harder

Entrepreneurship, Business

4.8 • 2.8K Ratings

🗓️ 19 January 2026

⏱️ 59 minutes

🔗️ Recording | iTunes | RSS

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Summary

Good things happen to boring money. In this episode, I sit down with David Bach, a 10X New York Times bestselling author and serial entrepreneur who’s built 7-9 figure businesses, to talk about why wealth is built through consistent habits. We dive into the 20-year anniversary of The Automatic Millionaire, the belief systems he had to break around money, and why making more doesn’t automatically make you richer. David shares about mini retirements, designing your life intentionally, why waiting for “someday” is costing you more than you think, and the practical money moves every entrepreneur and woman needs to know. Tune in to learn why boring money habits create extraordinary wealth. Check out our Sponsors: Shopify - Start your $1/month trial at http://shopify.com/happy SKIMS - The SKIMS Holiday Shop is now open at https://SKIMS.com. Let them know we sent you by choosing Earn Your Happy podcast in the dropdown after you purchase. Brevo - Head to http://brevo.com/earn and use the code HAPPY to get 50% off Starter and Business Plans for the first 3 months of an annual subscription. Aura Frames - save on the perfect gift at https://auraframes.com/ - get $35 off Aura’s best-selling Carver Mat frames with promo code EARN at checkout. Northwest Registered Agent - Build your complete business identity in just 10 clicks and 10 minutes. Visit www.northwestregisteredagent.com/paidearn Blinds.com - The Black Friday deals at https://www.blinds.com/ are going strong all month long! Save $50 off when you spend $500 or more - use code EARN at checkout. HIGHLIGHTS 00:00 David’s favorite things about living in Florence. 03:00 How social life in Italy changes creativity and business. 05:15 Why you shouldn’t wait to “retire” to live your life. 07:30 Celebrating 20 years of The Automatic Millionaire. 11:45 The lesson David’s grandmother taught him about risk. 14:30 Why fear never fully goes away for entrepreneurs. 16:00 Why women must be in charge of their finances. 21:15 Why women live longer but retire with less money. 23:30 Surviving meningitis and the wake-up call it created. 29:45 What would you do if you had 3 years left? 33:30 The money belief David had to break. 36:15 The boring portfolio strategy. 41:00 Why you should stop chasing crypto and trends. 42:15 How to pay off your mortgage faster. 43:45 Why cash is not the same as a credit line. 45:45 You don’t need to be rich to start investing. 47:00 Why you should teach kids to invest early. 52:30 Who do you want to meet in the future? RESOURCES Get The Automatic Millionaire 20th Anniversary Edition HERE! Grab Smart Women Finish Rich HERE! Listen to the first chapters for FREE on The David Bach Show podcast HERE! Learn more about David Bach HERE! Apply for the Elite Entrepreneur Mastermind HERE! Get on the waitlist for Mentor Collective Mastermind HERE! Try glōci for 40% for first time customers using code HAPPY at checkout HERE! FOLLOW Follow me: @loriharder Follow glōci: @getgloci Follow David: @davidlbach

Transcript

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0:00.0	This podcast is brought to you by Shopify Northwest Registered Agent Ocea.
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0:29.8	Get 10% off of your first order sitewide with code earn at Oseaamalibu.com.
0:35.3	Are you ready to take your business marketing to the next level? Meet
0:38.5	Bravo. Just head to www.brevo.com forward slash happy and take your marketing further with
0:44.8	Brevo and ORA. What would you say is a belief for you that you had to break in order to be the
0:52.1	person that you are now? Know that you don't need to be rich to become an investor.
0:56.0	It doesn't need to be perfect and it doesn't need to be complicated.
1:00.0	Don't spend time, especially as an entrepreneur,
1:03.0	trying to pick which cryptocurrency to buy, which meme coin to buy,
1:07.0	which NFT to buy.
1:09.0	Just focus on your business and have your money be boring.
1:13.3	Good things happen to boring money.
1:15.6	When your money's sexy, when something's like exciting to talk about financially,
1:21.0	usually something's wrong with it.
1:32.1	David, welcome to the podcast. Thank you so much coming on. Thank you for coming on.
1:38.5	Thank you for having me. I'm really thrilled to be here. I'm so excited. Well, last time I saw you was in Florence and you have this beautiful, for anyone who can't see, you have this beautiful
1:42.3	Florence background that I'm getting to look at. But I think that that is, that's actually kind of where I want to start. We're going to go off topic because, you know, yes, you've written 10 New York Times bestsellers, which is absolutely mind-blowing insane. I'm going to dig into that insane. But you live in Florence now, David. What would you say are your top three favorite things about living in Florence? Oh, wow. First of all, behind me, for those who can't see, is a picture of the Pontovacia. That's not actually the Pontovicia live in life. It's a classic green screen. But my favorite things about living in Florence, I love living in Italy. Billy is an incredible country.
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