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Five Lessons a Millionaire Taught Me About Life and Wealth » (Unabridged)

Book cover image of Five Lessons a Millionaire Taught Me About Life and Wealth by Richard Paul Evans

Authors: Richard Paul Evans, Richard Paul Evans
ISBN-13: 9780743555876, ISBN-10: 0743555872
Format: MP3 Book
Publisher: Simon & Schuster Audio
Date Published: January 2006
Edition: Unabridged

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Author Biography: Richard Paul Evans

With his surprise breakthrough smash The Christmas Box, former ad exec and animator Richard Paul Evans began one of the most successful writing careers in recent history. His inspirational stories of faith, family, and love have broken records, regularly topped bestseller lists, and won the author countless devoted followers throughout the world.

Book Synopsis

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 also 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 will leave you with a new view of what it means to be rich -- and convinced that you, too, can build...

Publishers Weekly

Originally self-published, as was his bestselling fable, The Christmas Box, Evans's pithy little financial guide lays out the five principles common to many self-made fortunes. While seemingly simple-decide to be wealthy; take responsibility for your money; keep a portion of everything you earn; win in the margins; and give back-the lessons require discipline and commitment from their practitioners. They also require curtailing spending and eliminating debt. Evans shares his lessons through poignant personal stories, a few well-placed statistics and philosophical observations such as: "freely giving of our wealth is also the only way to fully protect ourselves from our wealth." The slim book even manages to squeeze in lists of sidelines for boosting income, family budget saving tips, two financial planning forms and dozens of inspirational quotations. Thankfully, Evans forgoes the cloying, self-aggrandizing prose common to how-to-be-rich-like-me books and refrains from padding the volume with ads for tie-in ventures. Instead his friendly advice brings the secrets of wealth accumulation to common readers. (Jan.) Copyright 2005 Reed Business Information.

Table of Contents

Forewordxiii
Preface: Why I Wrote This Bookxvii
Introduction: The Teacher1
Lesson 1Decide to Be Wealthy11
Lesson 2Take Responsibility for Your Money22
1Know How Much Money You Have23
2Know Where Your Money Comes From24
3Know Where Your Money Is Going25
4Know What Your Money Is Doing28
Lesson 3Keep a Portion of Everything You Earn30
The Power of Compound Interest33
Starting Your Nest Egg35
Lesson 4Win in the Margins42
Winning in the Margins with Extra Income43
Winning in the Margins with Savings51
Mind-set One (Carefully Considers Each Expenditure)55
Mind-set Two (Freedom and Power Are Better Than Momentary Pleasure)64
Mind-set Three (Does Not Equate Spending with Happiness)72
Mind-set Four (Protects the Nest Egg)74
Lesson 5Give Back77
Conclusion: Is It Ever Too Late to Start?82
Resources
Winning in the Margins with Extra Income89
Winning in the Margins with Savings91
Net Worth Forms109
Cash Flow Forms121

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