Friday, November 6, 2020

"The Richest Man in Babylon" by George S. Clason

"The Richest Man in Babylon" by George S. Clason is a classic little book on money. It is only 155 page thick but it has everything you need to know about money, savings, investment, finances, how to think, how to earn and how to save it. The book is known as "

Based in ancient Babylon and written as a simple and very tasteful narrative this book introduces several ancient characters, fathers and sons who wanted to learn how to become rich from being poor. 

The author then tells a story through various examples and "other stories" and the whole style reminded me of either "One Thousand and One Nights" or "The Alchemist". 

It reads easy like a folktale but is wise like a Bible. I definitely gained a lot from this book and I think it's a must read for everyone.

Excerpt: "Lo, Money is Plentiful for Those Who Understand The Simple Rules of its Acquisition":

1. Start thy purse to fattening

2. Control thy expenditures

3. Make thy gold multiply

4. Guard thy treasures from loss

5. Make of thy dwelling a profitable investment

6. Insure a future income

7. Increase thy ability to earn"

(Taken from "The Richest Man in Babylon"

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