Mass Market Paperback, 144 pages
English language
Published Nov. 1, 1983 by Bantam.
To bring your dreams and desires to fulfillment, you must be successful with money. This book shows you how to amass personal wealth by sharing the secrets of the ancient Babylonians, who were the first to discover the universal laws of prosperity.
Hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth, The Richest Man in Babylon is a timeless classic that holds the key to all you desire and everything you wish to accomplish. Through entertaining stories about the herdsmen, merchants, and tradesmen of ancient Babylon, George S. Clason provides concrete advice for creating, growing, and preserving wealth. Beloved by millions, this celebrated bestseller offers an understanding of, and a solution to, your personal financial problems. This is the book that holds the secrets to keeping your money and making more.
Financial principles covered in this book include: Pay yourself first. β¦
To bring your dreams and desires to fulfillment, you must be successful with money. This book shows you how to amass personal wealth by sharing the secrets of the ancient Babylonians, who were the first to discover the universal laws of prosperity.
Hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth, The Richest Man in Babylon is a timeless classic that holds the key to all you desire and everything you wish to accomplish. Through entertaining stories about the herdsmen, merchants, and tradesmen of ancient Babylon, George S. Clason provides concrete advice for creating, growing, and preserving wealth. Beloved by millions, this celebrated bestseller offers an understanding of, and a solution to, your personal financial problems. This is the book that holds the secrets to keeping your money and making more.
Financial principles covered in this book include: Pay yourself first. Don't trust a bricklayer to buy jewels. (Don't get caught up in other people's excitement. Go seek the experts instead.) Don't put all your eggs in a single basket. (Diversify your portfolio.) Control thy expenses. (Even the richest man has a time constraint on his life. Do what you enjoy, but don't overdo it.) Increase your ability to earn.
Keeping these core principles in mind will help you through economic hard times and put you on the road to riches.
Basic money management principles. There are different protagonists throughout, and you really don't need to follow the short stories to have the rules and advice summarized to 15 or so bullet points. A good book for an intro to personal finance.
For a beginner to savings in personal finance, this book tends to be recommended as the first steps. However, I found the forced fake-old-English style off-putting (and not used consistently either). I'm also saddened that the author didn't look for actual factual knowledge of finance in Babylon ( such as in [b:Debt: The First 5,000 Years|6617037|Debt The First 5,000 Years|David Graeber|https://images.gr-assets.com/books/1390408633s/6617037.jpg|6811142] ), instead only learning it was where finance and banking begun- and he invented all the rest to fit his American-centric narrative.
If you're looking for a starter on personal finance, [b:The Simple Path to Wealth: Your road map to financial independence and a rich, free life|30646587|The Simple Path to Wealth Your road map to financial independence and a rich, free life|J.L. Collins|https://images.gr-assets.com/books/1466299641s/30646587.jpg|51187846] is a much better choice.
Short, but good book.
