Best selling financial author, David Bach, tells CNBC what he believes to be the #1 proven way to be richAre you doing it?  

“What that means is simple, Bach writes in “The Automatic Millionaire“: “When you earn a dollar, the first person you pay is you. What most people do when they earn a dollar is pay everyone else first. They pay the landlord, the credit card company, the telephone company, the government …” Bach writes, and at the end of the day, they pay themselves whatever is left over. He calls this strategy “positively financially backwards.”

We’ve all been there.  The bills are coming in, the furnace breaks, the kids need braces – and the list goes on.  Sometimes the idea of saving anything is overwhelming.  And how much do we even need to save to start down the path of becoming rich? 

 How much should you aim to set aside? Rather than thinking about that figure as a percentage of income, Bach likes to think about it in terms of hours of your life: “You should be saving the equivalent of one hour’s worth of income each day.” 

So, Bach says if you make $50,000 a year, it all shakes down to an hourly rate of $25 per hour.  Gee, $25 per day? That doesn’t sound that hard, right?  Why is it so hard, then?!

The key to upping your savings is to make it automatic — have your contributions automatically taken out of your paycheck and sent straight to your retirement account.

After all, “you can’t spend what you don’t have in your pocket,” Bach says.

It looks like this guys got our number!  He knows that most Americans have their dollars spent before the check even comes.  

According to the U.S. Department of Commerce, the average American saves well below 5 percent of what he or she earns. In other words, most of us work barely 22 minutes a day for ourselves.”