Discover millions of ebooks, audiobooks, and so much more with a free trial

Only $11.99/month after trial. Cancel anytime.

The Five Lessons a Millionaire Taught Me About Life and Wealth
The Five Lessons a Millionaire Taught Me About Life and Wealth
The Five Lessons a Millionaire Taught Me About Life and Wealth
Ebook129 pages1 hour

The Five Lessons a Millionaire Taught Me About Life and Wealth

Rating: 4 out of 5 stars

4/5

()

Read preview

About this ebook

Easy to understand and simple to apply, The Five Lessons a Millionaire Taught Me About Life and Wealth is one of the most powerful books ever written about money. This book will change your life.

When Richard Paul Evans was twelve, his father, a building contractor, shattered both his legs. With no insurance, no income, and eight children, the family was destitute. At that difficult time young Evans was introduced to a kind multimillionaire who taught him the five secrets of wealth. Today, Evans credits those lessons not just with bringing him wealth and success but with bringing him freedom and opportunity in a world where financial slavery is ubiquitous.

In his signature motivational voice, Evans interweaves those influential lessons with personal stories from everyday people. He explains that money should not be the preoccupation of our lives. Rather, if we follow the five principles, we will be free to focus on God, family, and relationships—the true nourishments of life.

Wise and compelling, The Five Lessons a Millionaire Taught Me About Life and Wealth can be read in a single sitting and will leave you with a new view of what it means to be rich—and convinced that you, too, can build wealth. The Five Lessons a Millionaire Taught Me About Life and Wealth is endorsed by financial consultants, churches, schools, and marriage counselors.

You cannot afford to be without this book.
LanguageEnglish
PublisherTouchstone
Release dateJan 10, 2006
ISBN9780743295895
The Five Lessons a Millionaire Taught Me About Life and Wealth
Author

Richard Evans

Richard Paul Evans is the #1 New York Times and USA TODAY bestselling author of more than forty novels. There are currently more than thirty-five million copies of his books in print worldwide, translated into more than twenty-four languages. Richard is the recipient of numerous awards, including two first place Storytelling World Awards, the Romantic Times Best Women’s Novel of the Year Award, and five Religion Communicators Council’s Wilbur Awards. Seven of Richard’s books have been produced as television movies. His first feature film, The Noel Diary, starring Justin Hartley (This Is Us) and acclaimed film director, Charles Shyer (Private Benjamin, Father of the Bride), premiered in 2022. In 2011 Richard began writing Michael Vey, a #1 New York Times bestselling young adult series which has won more than a dozen awards. Richard is the founder of The Christmas Box International, an organization devoted to maintaining emergency children’s shelters and providing services and resources for abused, neglected, or homeless children and young adults. To date, more than 125,000 youths have been helped by the charity. For his humanitarian work, Richard has received the Washington Times Humanitarian of the Century Award and the Volunteers of America National Empathy Award. Richard lives in Salt Lake City, Utah, with his wife, Keri, and their five children and two grandchildren. You can learn more about Richard on his website RichardPaulEvans.com.

Read more from Richard Evans

Related to The Five Lessons a Millionaire Taught Me About Life and Wealth

Related ebooks

Motivational For You

View More

Related articles

Reviews for The Five Lessons a Millionaire Taught Me About Life and Wealth

Rating: 4.105555555555555 out of 5 stars
4/5

180 ratings34 reviews

What did you think?

Tap to rate

Review must be at least 10 words

  • Rating: 4 out of 5 stars
    4/5
    A great practical book on money management and how to organize where your money goes.
  • Rating: 5 out of 5 stars
    5/5
    Loved the simplicity of his plan. Nothing too drastic but a gradual change from insidious bad habits!
  • Rating: 3 out of 5 stars
    3/5
    Little but with extra information, it is a pre-start for learning about this topic
  • Rating: 4 out of 5 stars
    4/5
    this book should be taught to all students at the elementary level.
  • Rating: 3 out of 5 stars
    3/5
    Evans is best known for his novels - The Christmas Box was a NY Times bestseller. In this small book he passes on advice he learned as a youth from a man at his church. The principles are not difficult to understand, and anyone can do them. But the key is deciding to adhere to this advice and not succumb to the pressures of modern day living that equate conspicuous consumption with wealth. It’s a quick read, and it fulfilled a challenge to read a book about money, but I didn’t learn anything new.
  • Rating: 3 out of 5 stars
    3/5
    Nice Books
  • Rating: 4 out of 5 stars
    4/5
    The book is a good read. Takes about an hour. Excellent real examples and life situations. One thing that I found wanting is that many of these self-help books are geared toward American audience. Most of the scenarios do not cover a variety of continents and would not work in places like say China or even UK. Perhaps because the writers are mostly Americans.

    1 person found this helpful

  • Rating: 3 out of 5 stars
    3/5
    A good read.
  • Rating: 5 out of 5 stars
    5/5
    This a great book if you want to be wealthy, managing your wealth properly, save more in your day to day life, bring freedom and most importantly happiness in your life by helping others and doing good for the society too.
  • Rating: 4 out of 5 stars
    4/5
    This book provides great tips in order for you to start saving! I highly recommend it.
  • Rating: 4 out of 5 stars
    4/5
    A mind changer that teaches the reader to be a man.
  • Rating: 3 out of 5 stars
    3/5
    One can scan through
  • Rating: 4 out of 5 stars
    4/5
    reading made simple! i am Loving it...
  • Rating: 5 out of 5 stars
    5/5
    Inspired!
  • Rating: 2 out of 5 stars
    2/5
    it's actually a nice book but as one of the review stayed it's nothing new ...
  • Rating: 5 out of 5 stars
    5/5
    aporta conceptos basicos, que por serlo no significa que muchos los manejemos.
    lectura obligatoria
  • Rating: 3 out of 5 stars
    3/5
    Nothing special
  • Rating: 2 out of 5 stars
    2/5
    Basic stuff .nothing new .boring
  • Rating: 5 out of 5 stars
    5/5
    Amazing book, detailed but not too in depth, and very quick and easy read. Started implementing as soon as I finished. Thank you!

    1 person found this helpful

  • Rating: 4 out of 5 stars
    4/5
    Really enjoyed this read. Only issue links do not work to the websites provided.
  • Rating: 4 out of 5 stars
    4/5
    nk
  • Rating: 5 out of 5 stars
    5/5
    Sencillo pero sustancial. Es un libro que regalaría y recomendaría a todos mis amigos.
  • Rating: 4 out of 5 stars
    4/5
    Good easy read with great info!
  • Rating: 4 out of 5 stars
    4/5
    Good advice for making better choices and also gives perspective in spending habits.
  • Rating: 5 out of 5 stars
    5/5
    good
  • Rating: 5 out of 5 stars
    5/5
    good
  • Rating: 1 out of 5 stars
    1/5
    bbbb
  • Rating: 5 out of 5 stars
    5/5
    Good
  • Rating: 3 out of 5 stars
    3/5
    Useful and practical advice.
  • Rating: 5 out of 5 stars
    5/5
    great

Book preview

The Five Lessons a Millionaire Taught Me About Life and Wealth - Richard Evans

Praise for The Five Lessons

"As president of the American Medical Association, I’ve seen firsthand the health risk brought on by debt and poverty. The Five Lessons confronts this epidemic head-on with sage advice."

—DR. JOHN NELSON

This book is a must-read for everyone seeking prosperity through correct financial principles.

—GARY TERAN, president, First Western Advisors

If married couples learned and used these Five Lessons, money would cease to have the power to control their lives. Instead, it would be their valuable ally in bringing peace and happiness into their family and the world. We highly recommend this amazing book.

—GARY AND JOY LUNDBERG, authors

of the bestselling books Married for Better, Not Worse and I Don’t Have to Make Everything All Better

"This book is a blessing. The Five Lessons is not only interesting to read, but I firmly believe that it will save many homes and marriages. Every parent should share it with their children and grandchildren. I already have with mine."

—BARBARA SMITH, former president of

American Mothers, Inc.

The dependence on the illusionary benefits of money is bankrupting the hearts and financial lives of Americans. It is critical that we rethink our beliefs, actions, and relationships with money Is it too late to think differently and make better choices? Evans’s answer is a resounding no. The five lessons are a timely blessing that should be instilled into our beliefs and, most importantly, our hearts. I highly recommend everyone read this book.

—BOB BROOKS, The Prudent Money Show

"The educational void we have in this country when it comes to money and investing is exposed and examined well in The Five Lessons. But Richard Paul Evans makes sure that we don’t forget the importance of generosity and kindness to go along with success…. This book is a gift of knowledge for anyone looking for the right path to both monetary and spiritual health."

—GARY GOLDBERG, Money Matters

Financial Network

This book underscores years of proven lessons I’ve passed to listeners and clients. I knew it hit the mark after one of my most influential and successful clients called me to say that he passed the book to his grandchildren as a good guide to lessons in life.

—STUART L. STEIN, Your Estate Matters

radio program

Copyright © 2004 by Richard Paul Evans

All rights reserved, including the right of reproduction in whole or in part in any form.

FIRESIDE and colophon are registered trademarks of Simon & Schuster, Inc.

Designed by Elliott Beard

Library of Congress Cataloging-in-Publication Data

Evans, Richard Paul.

    The five lessons a millionaire taught me about life and wealth / Richard Paul Evans.—1st Fireside ed.

    p.  cm.

    A Fireside book.

    1. Finance, Personal. 2. Financial security.

HG179.E89 2006 332.024’01—dc22 2005040170

ISBN-13: 978-0-7432-9589-5

ISBN-10: 0-7432-9589-7

All of the anecdotes shared in this book are true. Some of the names, places, and other identifying specifics have been changed. This book is sold with the understanding that neither the author nor the publisher is engaged in rendering legal, accounting, or other professional services by publishing this book. As each individual situation is unique, questions relevant to personal finances and specific to the individual should be addressed to an appropriate professional to ensure that the situation has been evaluated carefully and appropriately. The author and publisher specifically disclaim any liability, loss, or risk that is incurred as a consequence, directly or indirectly, of the use and application of any of the contents of this work.

Visit us on the World Wide Web:

http://www.SimonSays.com

To Kerry Heinz, my teacher

In keeping with this book’s message, all of the author’s profits from this book will be donated to the Christmas Box Foundation to help abused and neglected children.

Contents

Foreword by Robert C. Gay

Preface

Why I Wrote This Book

Introduction

The Teacher

Lesson One

Decide to Be Wealthy

Lesson Two

Take Responsibility for Your Money

1. Know How Much Money You Have

2. Know Where Your Money Comes From

3. Know Where Your Money Is Going

4. Know What Your Money Is Doing

Lesson Three

Keep a Portion of Everything You Earn

The Power of Compound Interest

Starting Your Nest Egg

Lesson Four

Win in the Margins

Winning in the Margins with Extra Income

Winning in the Margins with Savings

Mind-set One (Carefully Considers Each Expenditure)

Mind-set Two (Freedom and Power Are Better Than Momentary Pleasure)

Mind-set Three (Does Not Equate Spending with Happiness)

Mind-set Four (Protects the Nest Egg)

Lesson Five

Give Back

Conclusion

Is It Ever Too Late to Start?

Resources

Winning in the Margins with Extra Income

Winning in the Margins with Savings

Net Worth Forms

Cash Flow Forms

Foreword

Robert C. Gay

I keep in my office a pair of cowboy boots that once belonged to a business colleague of mine. He had died of cancer, and his wife gave me the boots as a memorial to him. They also serve as a reminder to me of the pitfalls of wealth. This man had built a large company that he had hoped to pass on to his family, but it was not to be. Members of his family derailed that dream with their own ambitions. There was an attempt to wrest control of the company from him through unfriendly means. One of his children ended up in prison for mishandling company funds. What started out as a family dream turned into a nightmare.

This was by no means the first time I had witnessed the deleterious effect of money. My father was the chief executive officer for one of the richest men in the world, Howard Hughes. From this vantage point I saw firsthand the worst aspects of wealth: greedy power struggles, outright deceptions, and even the destruction of souls—all for the sake of money. But perhaps what influenced me most was what I saw in Mr. Hughes himself.

For many years, on Christmas Eve Mr. Hughes would call our home and ask my father to come to work. Then, when my father would arrive, Mr. Hughes would simply say,

Enjoying the preview?
Page 1 of 1