- Unknown Binding
- Publisher: Signet (2004)
- ASIN: B0083E6DA6
- Product Dimensions: 6.8 x 4 x 0.5 inches
- Shipping Weight: 4.8 ounces
- Average Customer Review: 4.7 out of 5 stars See all reviews (2,022 customer reviews)
- Amazon Best Sellers Rank: #4,852,769 in Books (See Top 100 in Books)
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The Richest Man in Babylon [Mass Market Paperback] Unknown Binding – 2004
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Top Customer Reviews
Mr. Rohn talked about his early mentor, a man named Earl Schoff and went on to tell us how Mr. Schoff turned him on to personal development and pointed him to the right books to read. One of the most important books, said Rohn was The Richest Man in Bablyon.
Rohn had made and lost a fortune but came back and made another fortune and gave credit to the principles in The Richest Man in Bablyon for helping him accomplish that feat.
I read The Richest Man in Bablyon and have to admit, I hated it! I thought it was stupid, like feel good stuff that has no substance. When ever friends came over, I hid the book. I felt so ridiculous.
But Mr. Rohns words of wisdom kept echeoing in my mind. So I read it over and over untill the principles were imbedded into my conscious and subconsious mind.
Soon, after the fifth reading, the the principles became habits for me. My wealth esculated at a very rapid rate. I was no longer wasting money. I was now investing the first 10% of my income, tithing 10% and investing another 10% in capital like no load mutuals, real estate, discounted mortgages, tax liens and my own business.
The Richest Man in Bablyon has 7 basic principles:
1) Start thy purse to fattening - save/invest
2) Control thy expenditures - watch out for self serving brokers
3) Make thy gold mutiply - use powerful investments
4) Guard thy treasures from loss - watch out for brokers with
their hot tips.
5) Make of thy dwelling a profitable investment - rental properties, your own home---but stay within your means.
6) Insure a future income - do work that you love to do.Read more ›
I took the advice of email@example.com who recommended 'The Millionaire next Door" and "More Weath without Risk" and bought and have read both. Both of these books are in the same status as "The Richest Man in Bablyon" and should also be required reading by anyone who is serious about their financial future. I am now giving "Richest Man in Bablyon" as a accessory gift to a cash gift at weddings and graduations.
The book is a series of parables about money written in the 1920s by George Clason. They were written as individual essays of a few thousand words, but the theme throughout them is consistent -- save 10% of your money, give 10% away, use 10% to reduce your debt load, and live on the remaining 70%.
The stories in the book are entertaining; they are reminiscent of some of the parables in the Bible, such as the Prodigal Son or the story of the Workers in the Vineyard. I think this is intentional on the part of the author; certainly readers in the 1920s had an appreciation for "old fashioned stories with a moral" that people today seem to have lost. I enjoy the book greatly, though, and any thoughtful person who reads the book should find it interesting, especially if they are trying to get their finances in order.
It should be read and reread, over and over.
Most Recent Customer Reviews
A great book. I believe it is a must-read for all adults and children middle school and above. The stories are told in an easy to read fashion which makes the book an enjoyable... Read morePublished 1 day ago by bdhall
Written in something like biblical prose, this book does a good job of entertaining, getting to the point, and giving some great guidelines. A must read for anyone. Read morePublished 2 days ago by Grizwoldo
Way better than I originally expected. After a few pages in, I thought, "oh man, it's a novel!" Literally put it down and grabbed a different book to read. Read morePublished 2 days ago by S.N.
I loved how practical the advise was. Anyone can implement at anytime. The style of writing made it it a bit hard to read but still enjoyable. Read morePublished 5 days ago