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The Richest Man in Babylon Paperback – January 1, 2002
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“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
About the Author
George Samuel Clason was born in Louisiana, Missouri, on November 7th, 1874. He attended the University of Nebraska and served in the United States Army during the Spanish-American War. A successful businessman, he founded the Clason Map Company of Denver, Colorado and published the first road atlas of the United States and Canada. In 1926, he issued the first of a famous series of pamphlets on thrift and financial success, using parables set in ancient Babylon to make each of his points. These were distributed in large quantities by banks and insurance companies and became familiar to millions, the most famous being “The Richest Man in Babylon,” the parable from which the present volume takes its title. These “Babylonian parables” have become a modern inspirational classic.
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A few years after I returned, I remembered his words when we found out he had passed and I bought the book. We had two kids, paycheck to paycheck, and no savings. I read the book and it hit home; hard. Slowly, week-by-week, we started to build savings. Now, we have a good retirement, well off and secure. This book started it off.
Easy to read and understand, timeless message. This book should be required reading for all school kids. It doesn't espouse greed like Think and Grow Rich. It simply teaches that you already have the ability to grow your prosperity from what you already have.
READ THIS BOOK and change your life forever.
Because I was a Christian I believed that I should tithe 10% of my income. I was tithing on my net income, not my gross. In my heart I knew that I should be tithing on my gross iincome. After reading this book, I decided that I should tithe on my gross, but in addition I should tithe (10%) to myself as well. That retirement is what got me through the crash in 2008 and has allowed me to purchase a small retirement property.
It's both taller and wider than my current beat up version but the font they used is soooo small that I couldn't bring myself to make a detailed comparison- unlike the cover and back cover which are huge in comparison. They jammed 160 pages into 88 POORLY!!! I've never sent a book back before, but this one must go back!!!
So get the book, but not this version!!!
1. Start your purse to fattening
2. Control your expenditures
3. Make your gold multiply
4. Guard your treasures from loss
5. Make of your dwelling a profitable investment
6. Insure a future income
7. Increase your ability to earn
These are the simple rules to money, but this book does not teach "HOW" to do it. It talks about theory and what is ideal about money. If you want to learn about a good money mindset and general, simple rules, then read this book.