This is a core financial book that all should read or study at some point in their life. Avoiding this may leave a gap in your basic financial understanding. Simple wisdom, biblical times. Here is the top level study of what’s important in personal finance.
I think the audiobook is more entertaining to listen to and its free on YouTube.
The book teaches you how to save.
How to earn. Attitude is a huge part of it and works ethic. Work story at the end. How you have the would of a free man, camel story. To be an honorable citizen wherever you are.
And to teach others what you learn from applying this book, your failures, and your wins because they are both valuable insights.
How to pay down debt. Keeping a record of your finances. Getting smarter and more skilled.
And many other principles of basic personal finance all wrapped up in a good set of tales.
7 cures for a lean purse
- Start thy purse to fattening.
- Control thy expenditures.
- Make thy gold multiply.
- Guard thy treasures from loss.
- Own thy own home.
- Insure a future income.
- Increase thy ability to earn.
5 laws of gold
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.
Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.
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.
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.
Start somewhere and stop digging.
Each person will get their own interpretation of George S Clason The Richest Man in Babylon but what should come is practice and patience.
After you hear the lessons a few times they become hard to forget the core lessons but you should review them frequently and apply them. Let me know what you think about this book.
Pay this up for a year my blog and get ahead of your bills.