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he Richest Man in Babylon is one of my favorite finance books of all time. I forced all three of my children to read it when they were teenagers. It’s a terrific collection of stories written in the early part of the 20th century by George Clason.The book has become an inspirational classic to millions of readers and despite being set thousands of years ago in the historical city of Babylon. The stories and principles seem just as applicable today as they did in ancient times. There are tales of how Arkad, the richest man of Babylon, achieved his wealth as well as tales of slaves buying their freedom and achieving their own wealth.The primary principles of paying yourself first and living within your means are described so well that its hard to imagine anyone reading the book and having difficulty understanding what they need to do to improve their finances. The book is an excellent read for anyone who has trouble saving or who spends more than they earn.The Richest Man in Babylon is a book by George Samuel Clason which dispenses financial advice through a collection of parables set in ancient Babylon. Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom. Originally, a series of separate informational pamphlets distributed by banks and insurance companies, the pamphlets were bound together and published in book form in 1926The Man Who Desired GoldThe Richest Man in Babylon~ A part of all you earn is yours to keepSeven Cures for a Lean Purse~ Start thy purse to fattening~ Control thy expenditures~ Make thy gold multiply~ guard thy treasures from loss~ Make of thy dwelling a profitable investment~ Insure a future income~ Increase thy ability to earnMeet the Goddess of Good LuckThe Five Laws of Gold1.Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.2.Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.3.Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.4.Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.5.Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.The Gold Lender of Babylon~ If you desire to help thy friend, do so in a way that will not bring thy friend's burdens upon thyself.~ Better a little caution than a great regretThe Walls of Babylon~ We cannot afford to be without adequate protectionThe Camel Trader of Babylon~ Where the determination is, the way can be foundThe Clay Tablets from BabylonThe Luckiest Man in Babylon
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