The original book is the one suggest at the top of the reviews! Upamanyu Certified Buyer. This book is not exactly the original "sold over 2 million copies" the richest man in babylon I fell for this book A 52 brilliand ideas I guess the main point in both the books are the same but in this book its given in form of 52 point which a person like me wouldnt find th Siddharth Prasad Certified Buyer.
Fabulous book full of fables. Many a reviewer seem to get carried away by other reviews mentioning that this book is more about investment and financing. But it is largely up to the reader to discern the embedded truth and exact the general principles and values suggested to succeed in life. Some statements like 'Wealth grows where men exert energy' that are just mentioned in the passing, hold such profound truth and wisdom that is for the reader to grasp and assimilate the content.
Murali Mohan Certified Buyer , Bangalore. This is a classic book on wealth. This book has less than pages and it covers almost all important aspects of wealth creation and financial success.
Though this book primarily deals with the subject of money, you can see how money affects other areas of life like friends and family. Fast delivery time As always , Best packaging As always and best book on money management. This book covers lots of aspects on saving money and living financially happy life.
If you are interested in this book make sure you also purchase Rich Dad Poor Dad which is also good. Vishal Duggal Certified Buyer. This classic book holds the secrets to acquiring money, keeping money, and making money earn more money.
I highly recommend you to read this book if you want to know what true wealth is. Buy this book, read it, recommend it to others. This book contains the secrets of wealth creation. Therefore, the problem is not the lack of money but how it is managed. Any accountant worth his salt will tell you that.
Rating: 3. I might be a bit late because I feel the majority of the points and lessons discussed by this book are very familiar to me. I found it very interesting to see this book reads more like a fiction. I feel this is good for someone who wants to read and know about all the basics in finance and economics in a simple easy way. Don't invest your money in something you have no knowledge about or give it to someone to invest it in something he has no enough knowledge about.
One way is to own your own home instead of living in a rented property and paying the rent. Then there is an important tip of building yourself and your abilities because the more educated and experienced you are the higher will be the chance that you will earn more in the future.
The book is old, written a long time ago. Most of the lessons and advices are still very much valid until this day. But all this is definitely not enough to cover the complex economics of today. You will not find it covering everything that relates to our times. Do I recommend it? Well, yes but not alone. You need to read more books about finance and investments because basics alone are not enough for you to gain the knowledge and expertise that you aim for.
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 labor the 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. View all 9 comments. Mar 17, Sonja Arlow rated it it was amazing Shelves: non-fiction , recommended , favourite-books.
I have always found books on personal finance exceptionally boring and have avoided reading them because of this.
I can highly recommend this and will be buying it a I have always found books on personal finance exceptionally boring and have avoided reading them because of this. I can highly recommend this and will be buying it as a Christmas present for a few people this year. Thanks for the recommendation Linda May 18, Anthony Fox rated it it was amazing Shelves: delete. I made a million,today.
What did you do? When I first read this story I was just a young boy, but it still fascinates me now. My grandfather had given a copy to me to read, and after I finished reading it, I can remember him asking me what I had learnt. I can also remember what I said in repl " I can also remember what I said in reply. I explained to my granddad that I understood the wisdom of saving and how Armad the richest man in Babylon acquired his wealth that had spent much of his time teaching others how to become wiser, and I guess wealthier?
You might consider that Arkad was lucky in his life that he was able to accumulate such wealth, but you would be wrong in your thinking. He had a simple philosophy save ten per cent of what you earn and invest, and this is what he did. Those bankers which lost billions for their banks recently and had to be bailed out by governments around the world they should read the story about Arkad, but I guess they would be too busy spending their bonuses.
I find it difficult to multi-task as well. Even computers cannot multi-task it just appears so. Algo trading is a term used to describe the algorithmic software which is used to gain that alpha edge against an increasing frenetic trading market where milliseconds can mean millions in buy and sell decisions in veiled trading markets.
This is what I did. When we make assumptions, we often make the wrong ones. I hope you enjoy it. Shelves: finance. This book teaches timeless financial wisdom in the form of fictitious parables set in ancient Babylon.
I found the stories entertaining and the financial lessons as valid today as they were in Babylon millennia ago. The book recommends This book teaches timeless financial wisdom in the form of fictitious parables set in ancient Babylon. The book recommends enjoying life, and not working so hard to amass wealth that you become miserly. It says that to succeed, you must have strong, definite desires and ambitions, not vague dreams. The story of the goddess of good luck teaches that you must always be prepared for opportunity, because luck rewards men of action.
I first heard about this book on the Open for Business podcast. When an investment manager recommended it too, I decided to read it. I'm glad I did! My favorite chapter was Seven Cures for a Lean Purse. Shelves: self-help. This review has been hidden because it contains spoilers. To view it, click here. Start thy purse to fattening For every ten coins thou placest within thy purse take out for use but nine 2. Control thy expenditures 3.
Make thy gold multiply Not only did my capital increase, but it's earnings likewise increased 4. Guard thy treasures from loss It is wise to be intrigued by larger earnings when thy principal may be lost? I say not 5. Make of thy dwelling a profitable investment Every man own the roof that sheltereth him and his 6. Insure a future income A man to make preparation for a suitable income in the days to come, when he is no longer young, and to make preparations for his family should he be no longer with them to comfort and support them 7.
Increase thy ability to earn Cultivate thy own powers, to study and become wiser, to become more skillful Read the book! Review to come!
View all 5 comments. It had been on my "To Read" shelf for over 30 years, but a combination of factors finally got me to read it. Very glad I did. What a great little gem. So many people over the years had referred me to this, that I am embarrassed to say it took me so long to get to. However, fortunately, I had read other books and taken other wise soul's advice that covered much of this book's wisdom previously, that I was not unduly harmed by putting it off.
Howeve 25 Sept. However, for younger readers, or for those who may not have been so lucky as me to have received such good advice early, I highly recommend this easy to read, yet full of profound guidance book and it's simple lessons. The style may be a bit quaint for some, but I found it very helpful and fun, even in this day and age. There may be some better arguments for some of the principles, but that is a minor thing. There may be some arguing with some of the scope or applications of the principles, around the edges, but the basics are solid and will serve as excellent guides through life.
Should be especially good for teenagers and somethings who may never have received these excellent guides to financial independence and success, but if you are older or younger and have the opportunity and desire to check this out -go for it for sure!
Let me just give you the first guide, since it is so important, and leads to the others: "A part of all you ear is yours to keep. It should be not less than a tenth no matter how little you earn.
It can be as much more as you can afford. Pay yourself first. Difficult at first to implement. But the more it becomes a simple habit, the easier and more rewarding it gets. Go for it. Dec 28, Michelle rated it really liked it. The Richest Man in Babylon is a fantastic book to change your wealth paradigm. Originally published in as a series of booklets, the chapters are a little disjointed, but well worth the read. Clason espouses some very simple wealth building principles.
Clason recommends distributing t The Richest Man in Babylon is a fantastic book to change your wealth paradigm. Clason recommends distributing this debt payoff amount evenly between all outstanding debts, thus paying them simultaneously. He encourages thrift and fortitude to lift oneself to wealth and warns against gaining wealth quickly. This book is applicable today when so much of the nation is in debt and living from one paycheck to the next.
Many delightfully told stories of lifting oneself from poverty and dishonor to hard-won wealth sympathize with our situation and encourage diligent effort. One piece is missing: the tithe. Apr 13, RC rated it did not like it. Meh , that is the best way to describe this book. This may be due to the fact that everything that was disucssed is fairly common knowledge and most people practice these concepts or know to practice these concepts. They may not have been common at the time, but doent explain how this book has such a high rating.
The concepts being wrapped in a 'theme' of sorts just made it harder to follow along at times since the style or writing is quite old. The age of this book shows it self even more by th Meh , that is the best way to describe this book. The age of this book shows it self even more by the fact that it doesnt address any of the issues that people face in our current age an example of this is rampant consumerism and excesive use of interest based finance.
Wisdom for wealth Simple and well known wisdom, narrated in the best manner. Liked the delivery style and arrangement of ideas.
This book has been written in the early 19th century. So the options said can be related to that age. Jul 08, Bam cooks the books ;- rated it liked it Shelves: i-own-it , reading-challenge , book-vipers-book-hunter , economics , self-help-and-creativity.
Clason published a series of pamphlets beginning in with financial advice couched in Babylonian parables, which were later combined in book form and given the title, The Richest Man in Babylon.
Very basic advice and somewhat dated and repetitious, but I can't help thinking that these 'rules' he put forth should be taught in schools as good advice for beginner's handling money. Our financial advisor gave us two copies of this slim book for our daughters book-vipers-book-hunter: MAN George S. Our financial advisor gave us two copies of this slim book for our daughters and their husbands and I slipped them into their Christmas stockings this past year.
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