The Five Lessons a Millionaire Taught Me About Life and Wealth
4/5
()
About this ebook
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.
Richard Paul 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 Paul Evans
A Christmas Memory Rating: 5 out of 5 stars5/5The Noel Diary: A Novel Rating: 4 out of 5 stars4/5Lost December: A Novel Rating: 4 out of 5 stars4/5A Winter Dream: A Novel Rating: 4 out of 5 stars4/5The Mistletoe Promise Rating: 4 out of 5 stars4/5Noel Street Rating: 4 out of 5 stars4/5The Christmas Promise Rating: 4 out of 5 stars4/5The Mistletoe Secret: A Novel Rating: 4 out of 5 stars4/5Promise Me Rating: 4 out of 5 stars4/5The Mistletoe Inn: A Novel Rating: 4 out of 5 stars4/5Grace: A Novel Rating: 4 out of 5 stars4/5The Gift: A Novel Rating: 4 out of 5 stars4/5The Christmas Box Miracle: My Spiritual Journey of Destiny, Healing and Hope Rating: 5 out of 5 stars5/5The Four Doors: A Guide to Joy, Freedom, and a Meaningful Life Rating: 5 out of 5 stars5/5The Five Lessons a Millionaire Taught Me for Women Rating: 4 out of 5 stars4/5Roman Conquests: Asia Minor, Syria and Armenia Rating: 3 out of 5 stars3/5Fields of Death: Retracing Ancient Battlefields Rating: 0 out of 5 stars0 ratings
Related to The Five Lessons a Millionaire Taught Me About Life and Wealth
Related ebooks
Think Like a Self-Made Millionaire: 10 Secrets to Success Rating: 3 out of 5 stars3/5Increase Wealth and Success Rating: 0 out of 5 stars0 ratingsThe Five Lessons a Millionaire Taught Me for Women Rating: 4 out of 5 stars4/5Secrets of the Millionaire Mind: Mastering the Inner Game of Wealth Rating: 4 out of 5 stars4/5Freelance to Freedom: The Roadmap for Creating a Side Business to Achieve Financial, Time and Life Freedom Rating: 5 out of 5 stars5/5The Millionaire Mind Rating: 5 out of 5 stars5/5Stop Acting Rich: ...And Start Living Like A Real Millionaire Rating: 4 out of 5 stars4/5The 10 Pillars of Wealth: Mind-Sets of the World's Richest People Rating: 4 out of 5 stars4/5What Self-Made Millionaires Do That Most People Don't: 52 Ways to Create Your Own Success Rating: 0 out of 5 stars0 ratingsThe Science of Getting Rich Rating: 0 out of 5 stars0 ratingsHow Rich People Think: Condensed Edition Rating: 4 out of 5 stars4/5Millionaire Women Next Door Rating: 4 out of 5 stars4/5The Unemployed Millionaire: Escape the Rat Race, Fire Your Boss and Live Life on YOUR Terms! Rating: 4 out of 5 stars4/5Wealthology: The Science of Smashing Money Blocks Rating: 3 out of 5 stars3/5Habits of the Super Rich: Proven Ways to Make Money, Get Rich, and Be Successful Rating: 5 out of 5 stars5/5Financial Independence Through Buying and Investing in Single Family Homes Rating: 0 out of 5 stars0 ratingsIt's Never Too Late to Get Rich: The Nine Secrets to Building a Nest Egg at Any Age Rating: 3 out of 5 stars3/5The Millionaire's Secrets: Life Lessons in Wisdom and Wealth Rating: 5 out of 5 stars5/5The Millionaire Next Door Rating: 4 out of 5 stars4/5Financial Freedom: Proven Steps To Accumulating Wealth And Understanding Passive Money Rating: 4 out of 5 stars4/5The Law of Success: In Sixteen Lessons Rating: 0 out of 5 stars0 ratingsThink and Grow Rich Rating: 4 out of 5 stars4/5The Richest Man In Babylon: The Original Classic Edition Rating: 3 out of 5 stars3/5Make More Money Rating: 5 out of 5 stars5/5The Science of Money: How to Increase Your Income and Become Wealthy Rating: 5 out of 5 stars5/5A Joosr Guide to... Secrets of the Millionaire Mind by T. Harv Eker: Think Rich to Get Rich Rating: 0 out of 5 stars0 ratingsMillionaire Mindset: Strategies Used by the Rich Rating: 4 out of 5 stars4/5Million Dollar Habits: Proven Power Practices to Double and Triple Your Income Rating: 4 out of 5 stars4/5
Motivational For You
Your Next Five Moves: Master the Art of Business Strategy Rating: 5 out of 5 stars5/5Eat That Frog!: 21 Great Ways to Stop Procrastinating and Get More Done in Less Time Rating: 4 out of 5 stars4/5Emotional Intelligence Habits Rating: 5 out of 5 stars5/5The 7 Habits of Highly Effective People: 15th Anniversary Infographics Edition Rating: 5 out of 5 stars5/5Emotional Intelligence 2.0 Rating: 5 out of 5 stars5/5The Game of Life And How To Play It Rating: 4 out of 5 stars4/5Change Your Paradigm, Change Your Life Rating: 5 out of 5 stars5/5Building a Second Brain: A Proven Method to Organize Your Digital Life and Unlock Your Creative Potential Rating: 4 out of 5 stars4/5The 7 Habits of Highly Effective People Rating: 4 out of 5 stars4/5Wise as Fu*k: Simple Truths to Guide You Through the Sh*tstorms of Life Rating: 4 out of 5 stars4/5Stop Doing That Sh*t: End Self-Sabotage and Demand Your Life Back Rating: 4 out of 5 stars4/5Think and Grow Rich with Study Guide: Deluxe Special Edition Rating: 5 out of 5 stars5/5Carol Dweck's Mindset The New Psychology of Success: Summary and Analysis Rating: 4 out of 5 stars4/5The 21 Irrefutable Laws of Leadership: Follow Them and People Will Follow You Rating: 4 out of 5 stars4/5Summary of The Laws of Human Nature: by Robert Greene - A Comprehensive Summary Rating: 4 out of 5 stars4/5Crucial Conversations: Tools for Talking When Stakes are High, Third Edition Rating: 4 out of 5 stars4/5Tools Of Titans: The Tactics, Routines, and Habits of Billionaires, Icons, and World-Class Performers Rating: 4 out of 5 stars4/5The Winner Effect: The Neuroscience of Success and Failure Rating: 5 out of 5 stars5/5The 21 Irrefutable Laws of Leadership Workbook: Revised and Updated Rating: 5 out of 5 stars5/5The 360 Degree Leader Workbook: Developing Your Influence from Anywhere in the Organization Rating: 4 out of 5 stars4/5Leadershift: The 11 Essential Changes Every Leader Must Embrace Rating: 5 out of 5 stars5/5Grit: The Power of Passion and Perseverance Rating: 4 out of 5 stars4/5Law of Connection: Lesson 10 from The 21 Irrefutable Laws of Leadership Rating: 4 out of 5 stars4/5Think and Grow Rich (Illustrated Edition): With linked Table of Contents Rating: 4 out of 5 stars4/5
Reviews for The Five Lessons a Millionaire Taught Me About Life and Wealth
180 ratings34 reviews
- Rating: 4 out of 5 stars4/5A great practical book on money management and how to organize where your money goes.
- Rating: 5 out of 5 stars5/5Loved the simplicity of his plan. Nothing too drastic but a gradual change from insidious bad habits!
- Rating: 3 out of 5 stars3/5Little but with extra information, it is a pre-start for learning about this topic
- Rating: 4 out of 5 stars4/5this book should be taught to all students at the elementary level.
- Rating: 3 out of 5 stars3/5Evans 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 stars3/5Nice Books
- Rating: 4 out of 5 stars4/5The 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 stars3/5A good read.
- Rating: 5 out of 5 stars5/5This 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 stars4/5This book provides great tips in order for you to start saving! I highly recommend it.
- Rating: 4 out of 5 stars4/5A mind changer that teaches the reader to be a man.
- Rating: 3 out of 5 stars3/5One can scan through
- Rating: 4 out of 5 stars4/5reading made simple! i am Loving it...
- Rating: 5 out of 5 stars5/5Inspired!
- Rating: 2 out of 5 stars2/5it's actually a nice book but as one of the review stayed it's nothing new ...
- Rating: 5 out of 5 stars5/5aporta conceptos basicos, que por serlo no significa que muchos los manejemos.
lectura obligatoria - Rating: 3 out of 5 stars3/5Nothing special
- Rating: 2 out of 5 stars2/5Basic stuff .nothing new .boring
- Rating: 5 out of 5 stars5/5Amazing 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 stars4/5Really enjoyed this read. Only issue links do not work to the websites provided.
- Rating: 4 out of 5 stars4/5nk
- Rating: 5 out of 5 stars5/5Sencillo pero sustancial. Es un libro que regalaría y recomendaría a todos mis amigos.
- Rating: 4 out of 5 stars4/5Good easy read with great info!
- Rating: 4 out of 5 stars4/5Good advice for making better choices and also gives perspective in spending habits.
- Rating: 5 out of 5 stars5/5good
- Rating: 5 out of 5 stars5/5good
- Rating: 1 out of 5 stars1/5bbbb
- Rating: 5 out of 5 stars5/5Good
- Rating: 3 out of 5 stars3/5Useful and practical advice.
- Rating: 5 out of 5 stars5/5great
Book preview
The Five Lessons a Millionaire Taught Me About Life and Wealth - Richard Paul 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,