The Richest Man In Babylon

The Richest Man in Babylon" is an absolute gem of a book that imparts timeless financial wisdom in a captivating and relatable manner. George S. Clason's storytelling takes you on a journey to the ancient city of Babylon, where simple yet profound financial principles come to life. This book is a masterpiece in teaching the art of managing money, showcasing principles like saving a portion of your income, investing wisely, and living within your means. Through relatable parables and anecdotes, Clason delivers valuable lessons that remain as relevant today as they were when the book was written. What sets this book apart is its ability to simplify complex financial concepts. The storytelling format makes it engaging and easy to understand, even for those who are new to financial literacy. As you follow the characters' journeys to financial success, you'll find yourself not only entertained but also inspired to apply the lessons to your own life. "The Richest Man in Babylon" doesn't just provide financial advice; it presents a philosophy for building wealth and achieving financial security. It encourages a mindset shift towards responsibility and disciplined financial habits, making it an essential read for anyone looking to take control of their finances and build a prosperous future. Whether you're a seasoned investor or someone just starting to explore personal finance, this book offers a treasure trove of wisdom that will undoubtedly leave a lasting impact.

The Richest Man in Babylon: Deluxe Hardbound Edition is both a visually striking and intellectually enriching book. The hardcover is well-made, with an elegant design that gives it a classic, gift-worthy feel. Inside, the pages are smooth and neatly typeset, adding to the overall reading experience. It’s a book that not only offers timeless financial principles but also looks great on a bookshelf or desk. The content itself is practical and motivational, using parables set in ancient Babylon to teach lessons about saving, investing, and living within your means. It’s easy to read and digest, even for those new to personal finance. This edition is ideal for readers who appreciate both substance and style—great for gifting or revisiting over the years when you need a financial reset.

Great read, very informative. Outlines a basic plan that is easy to follow. It is in a story format which makes it easier to read and recall.

I enjoyed the book. It reiterated a lot of the teachings I read in “rich dad poor dad” and “think and grow rich” because these are “ancient” stories it is not written how we speak today. Read carefully and with intention so that you absorb the messages of the stories.

The richest man in Babylon When we speak of history, Babylon is a city that we associate with much wealth and prosperity, however it wasn't always like that. The city of Babylon is a clear example of mans ability to achieve much even though they had little at their disposal. Babylon had only two natural resources, fertile soil and river water , through this and the wisdom they possessed, they were able to build one of the greatest cities ever. They engineered dams which allowed the water to flow onto the fertile soil, encouraging the growth of crops in abundance. It is believed the trading of these crops was the stepping stone for their wealth and splendor. Unlike other well known cities in history, Babylon was that which did not require the use of raiding to increase their profits, though it happened it wasn't incidental to their success as many of their battles were on the defense against opposing forces who aimed to overcome this great city. Their defenses, the sky scraping walls they built, also considered as great as the pyramids of Egypt, were crucial in their survival, and is claimed as one of the seven wonders of the world. It is believed that the Babylonians were ahead of their time, they were skilled arts man, painters, weavers, jewelers etc, they were clever financiers and traders. Babylon though constantly besieged was never overthrown or entered by outside forces until 540 years before Christ's birth. However it wasn't because the opposing army penetrated the impregnable walls. The king at the time was advised to go forth to meet the oncoming army, in doing so, he was unfortunately defeated leaving the city open and unguarded. The city never achieved the greatness it once possessed and over time it became a desolate waste. Nonetheless though the city is no more. the wisdom of the Babylonians lives on, and we all can learn a great deal from the great city of Babylon. The book starts off with a man who desired gold, like every other human being we all want to be better and live better, to accumulate items we like and to bless ourselves with gifts. Bansir a chariot builder was discouraged at his lack of fortune, every day he did the same thing and barely got by, while others were living life ecstatically. He wanted more, and he observed the only way to increase his monetary value was to ask his good friend who done what he wanted to achieve and go where he wanted to go. "It costs nothing to ask wise advice from a good friend" "Thou makes me to realize the reason why we never found any measure of wealth. We never sought it." The book continues to the advice of the good friend and how he achieved his wealth and greatness and how he became the richest man in Babylon. Likewise, The richest man in Babylon, wasn't handed a silver spoon neither was he a prince with an inheritance. He as well, had to ask one more well off than him how to obtain richest and gold for himself. The grand advice he received was "a part of all you earn is yours to keep." From this the richest man in Babylon understood that he must pay himself first. From everything that he earned, one tenth was his to save, or more based on what he could afford. For "wealth, like a tree, grows from a tiny seed." The rich man than went on to include what else he had learned from his mentor, the seven cures for a lean purse. (Empty purse) They are: 1.) Start they purse to fattening: which is to put aside a tenth of what you earned, over time it will accumulate. 2.) Control thy expenditures: carefully consider what is necessary and what isn't. Don't throw your coin to what which isn't required. 3.) Make they gold multiply: look for ways to get your gold to work for you, investments. 4.) Guard thy treasure from loss: this ties in with number 2, to be careful with where we spend our money. We shouldn't be rash with spending or intrigued by get rich quick schemes. 5.) Own they own home, Make of thy dwelling a profitable investment: invest in obtaining thine own land. You can't fully enjoy life unless you have something you can call your own. 6.) Insure a future income: "save for a rainy day" comes to mind with this. We don't know what the future holds, therefore we must save accordingly for a day that comes upon us unexpectedly. 7.) Increase thy ability to earn: "the more of wisdom we know, the more we may earn." Increase your knowledge to better hell yourself. "The man who seeks to learn more of his craft shall be richly rewarded." The more you learn the more you earn. These methods for creating wealth were in the first half of the book. The author continues to include key knowledgeable concepts within the pages, from topics to "good luck" and "working for others", there's so much one can learn. The points are fundamental and simple but without a doubt are crucial. I've begun to adapt some methods and can see the effect it will have in the future. This book isn't complicated or brain wrecking, it's simplified tremendously but the impact regardless is grand. It also goes into detail concerning the seven cures for a lean purse and many other economical situations. Most would do universities courses in economics but this read i feel is a basis for any monetary exchanges and management. This isn't just advice for the well off but for those who have little to nothing. Like the chariot builder, and the richest man in Babylon, these individuals had nothing but they made it into something.

What a great way to teach financial concepts. The Richest Man in Babylon by George S. Clason is a classic collection of stories about how to accumulate wealth. The Richest Man in Babylon was written in the 1920s, but it is still pertinent today. We learn the classic advice of living within our means and how to save money and never miss it. We are told that if we earn 10 coins to only spend 9 of them and save the tenth to work for us. This is great advice. However, one should learn to live on only eight of those coins. The first coin should go to our church or other house of worship. The second should go towards savings and the other eight to be used to support our day-to-day living. This is the idea we try to teach on our How to Manage Your Monkey blog. The Richest Man in Babylon is taught in a very entertaining manner. We suggest that this be a part of everyone’s reading curriculum. We give The Richest Man in Babylon all five stars. This particular version has a few, but not many, typos. We feel this is a great addition to a financial education. Make The Richest Man in Babylon part of your reading now and it just may help you win the next round of Bulls & Bears Board Game you play. We purchased The Richest Man in Babylon in the Kindle format. It is a part of our personal library. We are under no obligation to write any review, positive or negative. We are disclosing this in accordance with the Federal Trade Commission's 16 CFR, Part 255.

What a splendid surprise which I found to be smooth, stimulating, stellar and special piece of literature that I richly enjoyed reading from cover to cover. I’m truly thankful that my younger brother endorsed this book and advised me to read it and become acquainted with all of the wisdom, insight, knowledge and enlightenment this book offers and provides. What a noteworthy and timeless classic. Thank you George S. Clason for the opulent offering.

I really enjoyed reading this book. I learned a lot. It felt like my great great great grandfather left me the key to financial stability. I applied something from the book to my life and changed how I handle money, think about work and came up with ways to make more money.