Pay God first? Pay yourself? Or get out of debt?
@ 5:39 am“Debt is the slavery of the free.” – Publilius Syrus
We’ve all heard David Bach’s mantra, “Pay yourself first” and why it’s the reliable path to achieving wealth. But not everyone out there in the personal finance blogosphere is a devotee. Michael at It’s Your Money writes, “I’m not a big fan of David Bach. I could go into details, but for the sake of time, I’ll just sum it up like this: People want easy, and David Bach sells easy.”
“Yes, there are some good things between the Automatic Millionaire covers. The idea of ‘paying yourself first’ does indeed need to be stressed, and Bach does this repeatedly. Retirement planning via automatic paycheck deduction and/or electronic deposit is anther positive step which Bach rightly encourages. His entire ‘Latte Factor’ spiel is built upon the realization that most people fritter away staggering sums of money during their lifetimes. That, too, is an idea worth emphasizing.” Read the rest of this entry »




Although Jeanine and I are still not pregnant, we continue to have the “how will we raise our child” conversation when it comes to religion. For the background posts, you can read
“Make money your god and it will plague you like the devil.” – Henry Fielding




