Budgets Don't Work, Automation Makes You Rich

David Bach, a former Morgan Stanley advisor and co-founder of an advisory firm with more than $7 billion on its platform, joins Lewis Howes to argue that budgets fail while automation quietly builds wealth. He explains the Latte Factor, the Rule of 72, the $400 emergency savings gap, and how selling a primary home can create tax-free gains. The conversation shifts to personal territory as Bach shares his grandmother's coffee-can savings and her deathbed regret over always choosing the safe path. He closes with a call to forgive people before stored resentment becomes the regret you carry to the end.