The Five Lessons A Millionaire Taught Me: About Life and Wealth

by Richard Paul Evans

Book Overview

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... This description may be from another edition of this product.

• Format: Paperback
• Language: English
• ISBN: 1930817169
• ISBN13: 9781930817166
• Release Date: January 2004
• Publisher: Aurcadia Press
• Length: 161 Pages
• Weight: 0.55 lbs.
• Dimensions: 8.5" x 0.5" x 5.5"

Customer Reviews

A grounded approach to building your nest egg

There are three things I really loved about this book. 1. It was incredibly straight forward, to the point, and short enough to be consumed quickly and often. 2. He did not get rich telling others how to get rich. So often it seems like those giving the advice, made all of their money giving advice. It is nice to see someone who really made something out of nothing by taking a really common sense approach to the financial side of life. 3. I love his approach to winning in the margins. He recommends that you set aside 10% or more of your normal income for savings, but that you set aside 90-100% of what you make on the side. That was really a paradigm shift for me, because I would normally think of that as my play money. I hope you get as much out of the book as I did.

Great book that is a quick read!

The Five Lessons a Millionaire Taught Me About Life and Wealth was a book that I thoroughly enjoyed. Sure it had a lot of common sense information, but it was very informative. Even so, you'd think handling money would be more common sense than what it is, but we still screw up. I thought his five keys were great. His way of conveying the information through stories and chart examples hit the nail on the head. My favorite chapter was "Winning in the margins". This chapter is so true. I underlined, highlighted and read with a vigor that I hadn't seen with many books. I'm not much of a reader unfortunately, but this book drew me in and I just had to read all that I could. I finished it in 3 hours, but I plan to re-read many times. After reading the book, I'll bet you'll ask "Is that the best you can do" as much as possible. Enjoy this fantastic book!

The Best Yet

I have read a lot of money books, and this one has nothing new to say, as the author clearly states in the beginning of the book. HOWEVER, I have never read a book that presents the five lessons in such a simple, easy to understand, way. The author does not ramble on with story upon story of people who got rich like some of its neighboring books in this genre, instead he uses just enough stories to illustrate the lessons and the key points of the book. My favorite thing about the book is that it is ethical. In these last few years we have seen some of the richest men in America put into prison because of their greed and waste. Because books like these are finding their ways into the hands of down to earth people, the rich population of America is becoming less greedy and more charitable. Another wonderful thing about the book is its length. Although I like The Millionare Next Door, and I do recommend it, it is longer and more cumbersom to read if you are not used to this genre. The Five Lessons is very short, I read it all last night in four or five hours. The author has his prioroties straight, he says, very plainly, that life is not about money, but that it is about God and family. He states that money does not equal joy, but that it can help you to be able to help others and to improve the world around you. The book does ask you to contemplate your character, how you would handle wealth and the power that comes with it. It is both logical and reflective. The only thing people might not like about the book is that it is so shockingly simple that they might not apply it. You might remember the story of Elisha the prophet, from the Bible, who told the sick king to wash in the Jordan River in order to be healed. At first the king was furious that he was given such a simple solution but eventually did wash in the river, as he was instructed, and was completely healed. This book is just like that, it is a simple answer, but if applied, it will work. Wash in the river, my friends; buy and apply this book.

Pssss...don't tell my mom!

I really liked this book. But if asked by my mom, I'll deny reading it. Pretty much I just wanted to put in the 5 stars. I'm fifteen and it made a lot of sense to me. Which is saying a lot because usually I just want to spend money on movies and Abrecrombie clothes. But I do have bigger dreams than clothes that look awesome on me. And this book helped me understand why saving the money I earn will help me in really big ways later, like being independent and not needing to ask my mom and dad for money. Here's to moving out!

At first I was skeptical but then I was in awe

When I first saw this book I thought to myself what is Richard Paul Evans doing writing a book about money. But I picked it up and decided I would give it a try and wow, it was great! The lessons are straight forward, easy to understand and something everyone needs to read. Even if you think you know everything there is to know about money you will learn something new. The best part about the book is the seven golden words. Those simple words have saved me thousands of dollars. I have given this book to all my children and I highly recommend it!!