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The Richest Man In Babylon Paperback – 1 Feb 2002
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Praise for The Richest Man in Babylon"What can a book written in the 1920s tell modern investors about their finances? A whole lot if it's George Clason's delightful set of parables that explain the basics of money. This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investor."--Los Angeles Times "I first read The Richest Man in Babylon many years ago. Its philosophy worked for me then, and it will work now for anyone with the good sense to stick to it. I think it ought to be read by every young man or woman with ambition to make something of life."--Chicago Daily News
"Recently, several readers asked me for recommendations on books that introduce teenagers--and even pre-teens--to investing... My favorite, and one that I always mention, is The Richest Man in Babylon. Though published nearly 90 years ago, the financial advice dispensed by author George S. Clason will always be relevant to a new generation of readers. Set in ancient Babylon, the characters learn simple lessons about money and investing throughout the collection of short stories."--Chicago Tribune "Full of time-tested advice on saving and investing."--The Washington Post
An inspirational guide to personal money problems which presents eleven ancient Babylonian tales revealing the way to financial success.See all Product description
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This book confirmed for me things I already knew and was doing, for example, saving at least 10% of my income and investing it in order for the cash to multiply itself over time.
I wouldn't say the advice is groundbreaking however if your in a poor situation financially this book could very well give you the change in mindset required in order to start moving toward a better financial future.
The thing I loved most about this book was the language and the stories within it. I found this book incredibly hypnotic, in that I was so drawn in by the story and genuinely didn't want to stop reading it.
Not a particularly big book and depending on how fast you read you'll get through it fairly quickly however I'd advise to take time with it and think about what you've read and ask the all important question "How do I apply this knowledge in my own life".
Loved this book and a great addition to my library.
The old style English can be slightly off putting but as a KJV reader it was no problem.
It is otherwise easy to read, laid out in short stories and highlights at end to drive home points.
God help me, I will be teaching my children this book. Highly recommended for hard workers like me but with lean purses.
At it's heart it's all simple advice but it seems to make a lot of sense. I wish I'd read this book 10 years ago and applied some of the concepts, I'd probably be sat on top of a 5 figure savings pot right now, and whilst that wouldn't make me rich - it would make me pretty comfortable!
I would hugely recommend reading The Richest Man in Babylon to anyone with even a slight interest in improving their financial situation. I'll come back and upgrade the rating to five stars when I'm the richest man on my street!
The ‘fables’ style of providing life lessons is such a ‘digestible’ and fun way to learn important life lessons and out yourself on the road to financial freedom.
The ‘5 Laws of Gold’ and ‘7 Cures for a Lean Purse’ are simple but truly effective financial rules that are simple to follow with discipline.
‘Always pay yourself first’ is a fundamental life rule that has personally changed my life.
‘Gold cometh gladly and in increasing quantity to any man who will put by not less that one-tenth (10%) of his earnings’ is another exercise that can change your life once disciplined in performing this every payday.
It’s one thing knowing the techniques, but you much take ACTION to receive the rewards.
Another amazing book.
At least 10% of what you earn, is yours to keep.
20% to pay your debts
70% to live on.
Do not shy away from work! But work hard and let your money work for you! Invest wisely. Plan for your future.