The Richest Man in Babylon

by George S. Clason

Overview

“Advice is one thing that is freely given away, but watch that you only take what is worth having.” ― George Clason, The Richest Man in Babylon "The Richest Man in Babylon" by George S. Clason is a classic personal finance book that was first published in 1926. It is a collection of parables set in ancient Babylon, which teach simple yet powerful financial lessons that are still relevant today. The book's first section discusses the importance of saving money and the power of compound interest. It emphasizes the idea of "paying yourself first" by setting aside a portion of your monthly income before spending it on other things. It also highlights the importance of seeking advice from those who are knowledgeable and experienced in financial matters. The second section of the book focuses on building wealth through investing. It discusses various investment opportunities, such as real estate and business ownership, and emphasizes the importance of diversifying one's investments. It also stresses the importance of taking calculated risks and being patient to achieve long-term financial success. Overall, "The Richest Man in Babylon" is a timeless and accessible guide to personal finance. Its lessons are conveyed through engaging and memorable stories, making it an enjoyable read for anyone interested in improving their financial situation. Some keywords in the book include saving, compound interest, advice, investing, diversification, risks, and patience. A True Classic that Belongs on Every Bookshelf!

Product Details

ISBN-13:	9782291982739
Publisher:	Litbooks
Publication date:	07/10/2024
Sold by:	De Marque
Format:	eBook
File size:	344 KB

About the Author

Clason's company the Clason Map Company, was the first to publish a road atlas of the United States and Canada. Later in 1926, in published a series of informational pamphlets about being thrifty and how to achieve financial success. Banks and insurance companies distributed the pamphlets free to their customers since the pamphlets used easy to understand parables. The pamphlets were later compiled into the book "The Richest Man in Babylon."

Table of Contents

The Richest Man in Babylon Foreword
The Man Who Desired Gold
The Richest Man in Babylon
Seven Cures for a Lean Purse
Meet the Goddess of Good Luck
The Five Laws of Gold
The Gold Lender of Babylon
The Walls of Babylon
The Camel Trader of Babylon
The Clay Tablets from Babylon
The Luckiest Man in Babylon
An Historical Sketch of Babylon

What People are Saying About This

From the Publisher

"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

Editorial Reviews

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.

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.

Los Angeles Times

Praise for The Richest Man in Babylon

“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

“I first read The Richest Man in Babylon many years ago. Its philosophy worked for me then, and it will work now for anyone with the good sense to stick to it. I think it ought to be read by every young man or woman with ambition to make something of life.”—Chicago Daily News

“Recently, several readers asked me for recommendations on books that introduce teenagers—and even pre-teens—to investing... My favorite, and one that I always mention, is The Richest Man in Babylon. Though published nearly 90 years ago, the financial advice dispensed by author George S. Clason will always be relevant to a new generation of readers. Set in ancient Babylon, the characters learn simple lessons about money and investing throughout the collection of short stories.”—Chicago Tribune

“Full of time-tested advice on saving and investing.”—The Washington Post

From the Publisher