Rich By Choice: Take Back Control, Master Your Money, and Design the Life of Your Dreams

by Dr. Nicholas E. Michels

Are you financially happy?

When speaking at financial events, Dr. Nicholas E. Michels asks, “I’m here to help you become rich and wealthy. Is that okay with you?” A resounding “Yes!” echoes throughout the room. Next, he poses the question, “When do you want to retire?” The crowd is hooked. “Today!” they shout. Nicholas pauses for a moment, then looks across faces in the room. He asks the final “How much money do you need to live the life you want?”

If you are like so many others that Nick helps, the answer to that question eludes you. Most people, while eager for wealth, have never truly considered what it would take to live the life of their dreams. Becoming Rich by Choice isn’t tied to a dollar amount; it’s about what you want money to do for you.

In Rich by Choice, Nick uses his expertise as a seasoned financial advisor to show you how a solid Foundation so you know your purpose (why) and focus (who) for creating lasting financial securityUnderstand the Fundamentals of earning, spending, and investing so you can achieve financial happinessExperience the Freedom that comes with mastering the secrets to financial freedom and experience the truth of being Rich by Choice
No matter your age or current financial situation, it’s never too late to become Rich by Choice.

Start on the path to being Rich by Choice today!

Genres: Money

322 pages, Kindle Edition

Published June 14, 2025

Reviews

[Píaras Cíonnaoíth]

A Purpose-Driven Path to Wealth...

Reading Rich by Choice by Dr. Nicholas E. Michels feels less like flipping through a financial manual and more like sitting down with a wise friend who’s been through the trenches and come out the other side—scarred, maybe, but grounded. There’s something refreshingly human about it. Michels doesn’t toss around buzzwords or sell you dreams wrapped in dollar signs. Instead, he offers a kind of soulful blueprint—one that weaves together the tangible tools of wealth-building with a deeper call to uncover what “rich” really means to you.

What truly makes this book shine is its honesty. Michels doesn’t hide behind the polished mask of expertise. He opens the door to his own missteps and lessons, which makes the whole journey feel personal, almost tender. His three-part framework—Foundation, Fundamentals, and Freedom—has a rhythm to it, a quiet clarity. And his voice? It’s calm, inviting, like he’s gently walking you through the fog of financial overwhelm.

In the end, this isn’t just a book about money. It’s a chance to rethink how money moves through your life—and how you move through the world because of it.

[Lina P]

A different way to make wealth

Definitely, this book approaches personal finance in a different way. It makes people reflect on the true meaning they want to give to their wealth. And it is at that moment when, as a reader, one thinks about many things, not only about money. One questions what truly makes them happy, what they want to do, and with whom they want to share that happiness.
It is divided into three parts: Foundation, Fundamentals, and Freedom. Each of these parts is composed of several chapters, such as Empowerment by Choice, Happiness by Choice, Wealth Begins with How You Think, among others. Just by reading the titles, one realizes that wealth with a purpose is different.
Although it addresses financial topics, which can sometimes be somewhat difficult to understand for most people, the way Rich By Choice, by Michels, is written makes it easy to comprehend and enjoyable to read. It reflects the author’s knowledge of the subject and his effort to make his insights understandable for everyone.
Definitely, this is a book that people should read at some point, as it gives a different meaning to wealth. Things with a purpose are always different.

[AMR CAMI]

Pretty useful book!

This is a truly exceptional book, offering a very empowering and practical plan for anyone determined to obtain financial freedom! I totally loved how the author really removes the glass case around passive wealth, creating a resource that emphasizes deliberate decision making around mindset, budgeting, investing, and business that leads to true wealth over time. The author shares wonderfully relatable personal stories alongside case studies to help you make use of the advice. Key elements of the book include easy to understand asset allocation, guidance for leveraging passive streams of income, and tools to form generating habits. Though many tips are common among the country's financial guru's, Michels' sincerity by owning his setbacks and pivot points creates an authentic piece of work. With short, digestible chapters, and easy to read language, Rich By Choice would be of great value to any reader that is ready to step into their future with their finances in hand and build generational wealth forward.

[Gianfranco F.]

Motivating

I don't want this to sound cliché but I have never legitimately felt so financially motivated by a book and by its author, by his narrative and by the way he handles the discourse in such an immersive way. This author not only seems to be a financial expert, but also an expert anthropologist because he knows how to read human beings as very few are able to, to understand their needs and hit the nail on the head. Well, since the author and therefore the book from the beginning understand and interpret your needs so well, it is completely praiseworthy that you feel hypnotized by what he proposes. With the book I understood that there is a specific way of thinking that will lead me to my financial success and that is to understand money as my tool to satisfy needs and goals, rather than money as a goal in itself. The truth is that I was enchanted in a way that I cannot explain.

[Maria Paula Castellanos Monroy]

Excellent!

This book is a must if you want to take control of your money and design the life you've always dreamed of. Have you ever thought about how much money you need to live a peaceful life or if your finances really make you happy? Well, this reading is just what you need to regain your peace of mind and above all to mobilize you to take action and create the wealth you desire.
It's not just about accumulating bills, it's about understanding what you want money to do for you. You'll learn how to build a solid financial foundation that aligns with what really matters to you, and master the key secrets of how you earn, spend and invest to achieve the financial peace you're looking for. If you're tired of money worries and want to start living by your own rules, this book will give you the push you need.
Highly recommended! It is a book that gives you financial awareness and makes sense of money!

[May G.]

Experience

This is not your typical financial book full of formulas for becoming a millionaire or empty promises of getting rich quick. Instead, Dr. Nicholas E. Michels offers a much more profound approach: redefining wealth as a conscious and personal choice, focused on financial freedom and life purpose, rather than numbers in a bank account.
From the very first pages, Michels establishes a human and direct approach, inviting the reader to ask key questions: What does it really mean to be wealthy? What do you want money to do for you? These reflections set the tone for the entire book, which functions as an accessible yet powerful guide to transform the reader's relationship.
This is a book that goes beyond teaching money management: it is an invitation to take control of your financial life from purpose and clarity. It is a great book for those seeking not only to improve their financial life, but to build a more aligned life.

[Camilo]

Inspiring

Personally, I believe that in order to achieve the things we want, we first need to be aware of our own shortcomings so we can work on them and make the necessary changes to reach our goals. This book is no exception.
What I find incredible is how, through very simple yet deeply meaningful tips, the reader can truly discover that taking control of one’s life and projects starts with awareness.
Sometimes, we think that change is extremely hard, but the hardest part is actually taking the first step. This book shows us how to take that first step in a very simple and truly effective way.
I like these kinds of books because they wake you up as a reader and help you make life-changing decisions. Highly recommended for anyone who wants to dare to try something different.

[Grady]

The secret of true wealth and happiness – A masterful guide for a life of meaning!

Reading Dr. Nicholas Michels’ Rich by Choice gave me a sense of hope and relief unlike any other book on finance I’ve read. His message is delivered with warm support, encouraging creating a mindset shift from constantly chasing more to intentionally creating a life of meaning, balance, and freedom. As he states, ‘Imagine waking up every day not burdened by stress or financial worries but filled with a deep sense of contentment, purpose, and abundance.’ Sharing his own journey as well as those of people he has assisted by sharing his concepts of Foundation, Fundamentals and Freedom provides hope and strength to find a life of freedom, security, and happiness - a life that is Rich by Choice. A life changing experience!

[Carlos Perea]

Live changer

I found this book to be incredibly interesting and truly enriching. I believe it’s perfect for anyone who wants to enhance their life and genuinely feel in control of it. Often, books of this kind can be dense and hard to read. However, thanks to the author’s descriptive language and the book’s clear structure, that’s not the case here. The reader is taken on a true journey of not only learning but also self-discovery. As the pages go by, you start to reflect and identify those things that prevent you from gaining control—not just over your finances, but over your life projects in general. It’s an inspiring book, one that motivates action and leaves you with a powerful sense of empowerment.

[Daniel M]

I really like the clarity of this book

I really like the clarity of this book; the sincerity the author presents about how to make money. He's very clear in stating that becoming a millionaire isn't just a matter of opening the book, turning all the pages, and finally closing it. On the contrary, this book teaches us how to control our money and how we can live better with it. There's something I appreciate about books: they leave us reflecting on the things we're doing and whether we're doing them the way we want. It may sound easy, but not many of us actually focus on this. I really like the ideas it gives us about how to spend our money so we can save and invest wisely. Definitely a book worth reading.

[Fanny P.]

I didn't expect it that way

When I bought it, I thought it would be a typical book on financial projections for success but wow, this is off the charts. I was hooked from the start and all thanks to the perfect introduction and the right questions. The book flowed with me at all times and when I least realized it, I was analyzing in detail each of the topics that the author addresses, I think it was like being in one of those college classes where I was enchanted with everything about the subject. Evidently the magic is in the material, but I must say that the material without that speaker, would be at least 60% less interesting, the ability to capture the attention of the author and the way he approaches each idea, makes you not want to let go of the book for a single second.

[Charlie R]

This book made me see money, and my relationship with it, in a whole and different way. What I like about this book is that it gives financial tips and helps you understand why you make the choices you do and how to change them with purpose.
What I liked the most was the empowering message: becoming rich is about making conscious decisions, not just chasing more money. The book gives you a clear way to take control, step by step, without feeling judged or overwhelmed with a lot of processes and things that can confuse you.
This is a guide to building the life you want. This book gives you the mindset and structure to do it.

[Laura B]

Great book!

In this book, the author Nicolas E. Michels gives us the guidelines we need to develop a perception of money and wealth that is aligned with our values, so we can achieve it while staying true to ourselves.
It’s an easy to read book that covers different situations and examples, offering various points of view so the reader can get a full 360° understanding of the importance of managing money wisely and building wealth from a young age.
This book is a clear invitation to change the way you relate to money, and it shows how you can become wealthy through simple steps—by being organized and thinking ahead.

[S Tyty]

Educational

Michels’ book is loaded with actionable information on how to budget and manage our finances like a pro. He teaches us to avoid a lack of proper financial planning and how to be able to quickly learn and understand that money management is a skill that must be carefully mastered.
When I read this book, I liked the fact that the author doesn’t promise miracles to occur. He’s blunt and crystal clear about what we can do and what we can’t. He does not include jargon or difficult expressions, which makes the reading experience easy to pursue. He breaks down the art of budgeting and personal finance in a way that is very easy to understand.

[Mapa]

Reading this book made me think about the time I decided to save money for my first trip abroad. At first, it felt impossible, but small steps every week brought me closer to my goal. This book gives the same feeling—clear advice, real stories, and tools to make smart financial choices. Michels explains ideas in a way that is simple but powerful, showing that wealth is not only about money, but also about the life you create. I enjoyed the examples of people who changed their habits and reached their dreams. It reminded me that with patience and intention, we can choose a better financial future.

[Pipe]

This is one of those financial books that manages to feel really practical and personal at the same time. The structure of the book makes it easy to follow, even if you don’t have a financial background. Michels breaks it down into three key parts which I could easily understand.
By the time I finished, I felt less intimidated about money and more motivated to take control of my own financial path. Rich By Choice is a must read.

[Santiago Flores]

Mindset shift

The book provides readers with simple, actionable steps, covering everything from building a strong foundation to mastering the fundamentals of spending, saving, and investing. I especially appreciated the way the author connects money to purpose, showing that financial decisions are not just about numbers, but about designing the life you want. It leaves you motivated and confident to take control and truly become “rich by choice.”

[Margarita Garcia]

One of the things that worries people is more worried is because of money. Having financial security right now isn't easy with so many changes, and inflation is making things more expensive every day. For that reason, ''Rich By Choice'' caught my attention because this book helps build financial security. It provides us with the foundation we need to protect and make our money work for us. This gives us freedom, peace of mind, and control over the future. Other benefits of this book are that it prepares you for retirement and generally provides stability for your family. This book contains excellent tips and stories that will help you understand better.