The Richest Man in Babylon

George S. Clason

2002

Finance

Personal Development

Paperback

★★★★

 

‘Beloved by millions, this timeless classic holds the key to all you desire and everything you wish to accomplish. This is the book that reveals the secret to personal wealth. 

The Success Secrets of the Ancients—

An Assured Road to Happiness and Prosperity

Countless readers have been helped by the famous “Babylonian parables,” hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. In language as simple as that found in the Bible, these fascinating and informative stories set you on a sure path to prosperity and its accompanying joys. Acclaimed as a modern-day classic, this celebrated bestseller offers an understanding of—and a solution to—your personal financial problems that will guide you through a lifetime. This is the book that holds the secrets to keeping your money—and making more.’

I know. You read the blurb and your like “yeah right!” However this had been recommended to me by friends and through others that I listen to. So I gave it a shot. This book presents some really good tips that will work if you open your mind and apply consistency and persist. That’s the key; continuously apply what you have learnt.

The Richest Man in Babylon presents things we have generally been taught (in one way or another), in a manner that just makes sense. It is told as a parable or story of someone who experienced hardship, sought advice, took the advice on board and applied it. They would then achieve the financial outcome they desired.

The one parable that stands out for me was the 70-20-10 rule. You use 7 tenths of what you earn for your living expenses, 2 tenths on your debt and you save 1 tenth of what you earn. We have been applying this rule and so far, it is working for us.

My recommendation: It’s a short book packed with great advice.

Cai xx

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