This is one of the greatest little books to have been published in a long time. It is great because it not only contains some very fundamental lessons for young people just entering upon life, it also contains lessons we can all be reminded of for life and wealth. In fact, if we all followed the five simple lessons that Evans reminds us of in this little 133 page book we would all be far better off financially.
Nearly all self improvement books teach us lessons most of us have learned before. Learning is a process requiring repetition. Learning requires us to see the same ideas and principles applied in many different ways for us to really integrate them into our own thinking. Evan’s little book reminds us of the five most important financial lessons we all should learn or relearn. In summary those lessons are—
1. Decide to be wealthy – over come those barriers to accepting your right to be wealthy – make your own choice. The decision itself is an important and essential first step in attaining wealth and without it you may never succeed.
2. Take responsibility for your money. Most of us do not keep track of how much money we make; how much we have; where it comes from; where it is going and what it is doing. This may sound simple but it is profoundly important. Wealthy people exercise complete responsibility over their money.
3. Keep a portion of whatever you earn. Pay yourself first. This may well be the first law of wealth – you must save a portion of all you earn if you hope to grow wealth.
4. Win in the margins – learn how to save, cut costs and earn extra money. It is these efforts that make the difference for most people between mere financial survival and building wealth.
5. Give back. It is important to be generous in more ways than one. Giving back is as key to wealth building as the other four lessons.
Evan’s little book presents these lessons in an unforgettable series of stories and lessons and explains their importance in building and conserving wealth.
You can read this little book in a weekend. You should re-read it many times and follow its lessons to the letter. It will be an important first step in learning to build and grow wealth.
The 5 Lessons a Millionaire Taught Me, © 2004 Richard Paul Evans, published by Simon & Schuster, Inc.
You can buy a copy of The 5 Lessons a Millionaire Taught Me at a discount at MyBookstore: www.My Bookstore — (c)Daniel R. Murphy
Daniel R. Murphy
Daniel R. Murphy
Educating people for building wealth, adapting to a changing future and personal development.