Title: The Richest Man in Babylon
Author: George S Clason
Year: 2020 (1926)
Back cover text:
The Richest Man in Babylon, based on “Babylonian parables“, has been hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. In simple language, these fascinating and informative stories set you on a sure path to prosperity and its accompanying joys.
A celebrated bestseller, it offers an understanding and a solution to your personal financial problem. Revealed inside are the secrets to acquiring money, keeping money, and making money earn more money.
This original edition has the original language, content, and message from George S. Clason as intended in 1926. It’s all here, uncensored.
The language is from 1926 which makes the book a bit more difficult to read. But at the same time even more special. The stories are nice and bring knowledge. A lovely read.
Does the book deliver (its title)?:
Biggest take away/s:
- Success means accomplishments as the result of our own efforts and abilities.
- The reason why we have never found any measure of wealth. We never sought it.
- Thou wert ever thus thoughtful of thy friends, Bansir. Therefore hast thou many friends.
- The sun that shines today is the sun that shone when thy father was born, and will still be shining when thy grandchild shall pass into the darkness.
- Seek advice from those who were competent through their own experiences to give it.
- When I set a task for myself, I complete it. Therefore I am careful not to start difficult and impractical tasks because I love leisure.
- Wealth grows wherever men exert energy. Wealth grows in magical ways.
- One-tenth of all I earn is mine to keep. As it grows it will stimulate you.
- My first training in profitable investment was a loan I made to a man. He would repay, together with a liberal rental, as he sold his shields.
- To own his own domicile and to have it a place he is proud to care for, putteth confidence in his heart and greater effort behind all his endeavors. It reduces his costs of living, making available more of his earnings for pleasures.
- Buy houses and land.
- Generate tangible desires, simple and definite. Such as five pieces of gold, which he can press to fulfillment.
- This is the process by which wealth is accumulated: first in small sums, then in larger ones as a man learns and becomes more capable.
- Be in the front rank of progress and not to stand still. Lest they be left behind.
- Cultivate thy own powers, to study and become wiser, to become more skillful, to so act as to respect thyself. Thereby shalt thou acquire confidence in thy self to achieve the carefully considered desires.
- Take advantage of opportunities. Good luck follow opportunities.
- Action will lead thee forward to the success thou dost desire.
- Gold slippeth away from the man who invests in it businesses with which he is not familiar.
- There is no chain of disasters that will not come to an end.
- Find profitable employment for thou gold.
- Then years from this night, what can you tell about this gold?
- I like not idle gold, even less I like too much of risk.
- Thy treasure is a rich source of pleasure and profit.
- Cling no longer tot thy master. Act like a free man and succeed like one! Decide what thou desirest to accomplish and then work will aid thee to achieve it!
- Work has become my best helper.
- Work is my greatest pleasure. Many things do I enjoy but nothing takes the place of work.
Points of Improvement or Discussion:
In chapter three, he describes 7 cures for a lean purse: 1. Start thy purse to fattening. 2. Control thy expenditures.3. Make thy gold multiply. 4. Guard they treasures from loss. 5. Make of thy dwelling a profitable investment. Insure are future income. 7. Increase thy ability to learn. But in chapter five it’s The Five Laws of Gold. They are the same yet also a bit different. Which could be a bit confusing.