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The Five Lessons a Millionaire Taught Me About Life and Wealth By Richard Paul Evans
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From 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 © Reed Business Information, a division of Reed Elsevier Inc. All rights reserved.
From Booklist
In 1993, best-selling novelist Evans wrote The Christmas Box, a popular, self-published inspirational book. His new book was also self-published, but it has been picked up by a big publisher and is now being given wider exposure. By his words here, he would like readers to learn what he learned from a millionaire whom he met as a teenager; this man taught Evans, even at that tender age, how to manage a dollar or two, with the intended goal of financial independence. Evans is concerned that people accrue big bucks responsibly--that is, mindful of self-improvement and social good. To that end, he shares what the millionaire he knew years ago taught him. The first thing required is realizing that superior intelligence is not a prerequisite for being a millionaire; nor is wealth, generally speaking, the result of the luck of inheritance. The real requirement, Evans posits, is putting into practice five principles of wealth accumulation, which Evans explains and illustrates in cogent, lively terms: "Decide to Be Wealthy," "Take Responsibility for Your Money," "Keep a Portion of Everything You Earn," "Win in the Margins," and "Give Back." Librarians should be aware that the book contains several pages of blank forms for readers to fill out to keep track of their personal financial situations. Brad Hooper
Copyright © American Library Association. All rights reserved
Review
"Oliver Wendell Holmes taught, 'I would give a fig for the simplicity on this side of complexity, but I would give my right arm for the simplicity on the far side of complexity.' These five lessons represent that simplicity with a larger sublime context."
-- Dr. Stephen R. Covey, author of The 7 Habits of Highly Effective People
"Richard Paul Evans not only teaches the prudent acquisition of wealth but the proper way to use it. I would as readily recommend this book to the young, cash-strapped newlywed couple as to the manager of a multibillion-dollar enterprise."
-- Robert C. Gay, managing director, Bain Capital
"In The Five Lessons a Millionaire Taught Me About Life and Wealth, RichardPaul Evans explains in a concise and, therefore, powerful way the principles of wealth. You, who are willing to put the five lessons into practice, will become wealthy. And in doing so, you will increase your powers of opportunity and your ability to be generous in a faltering world."
-- Hyrum Smith, cofounder, Franklin Covey
"As president of the American Medical Association, I saw firsthand the health risk imposed by debt and poverty....I personally recommend this book to anyone wishing for better health, a happier marriage, or a better life."
-- Dr. John Nelson, former president, American Medical Association
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