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Buy The Richest Man In Babylon by George S Clason Online with Bookbins

We all struggle to manage our finances at some point. We may have studied hard in school, or gone to a job that pays good money. But no schools taught us what to do with that money. When it comes to the subject of money and finance, most people depend on others to get guidance. If you are one of those who are a beginner and want to learn the basics of money or at least wish to do what to do with this money, then this book The Richest Man in Babylon written by George S. Clason is for you to read.

About the Book 

You may wonder how a book that was really written almost a century ago, that too about an Empire that no longer exists today teaches us finance. Yet one thing we should remember is that Babylon was one of the richest empires that existed in ancient times. And even for the most clever investors today, this book can serve as a refreshing read. This is because this book contains some valuable lessons that everyone should know. This book discusses the principles that one should know and the laws of money that can help one in this modern day too. Apart from that, this book inspires the readers to build their wealth. 

Learnings from the Book 

• Money comes to those who want to acquire it, and so does the knowledge to build wealth.
• Freedom doesn’t only mean being able to do what you want to do but also being debt-free.
• Those who make work as their best friend will definitely be appreciated and become wealthy.
• This book gives us tips on how to make our purses, as well as our wealth, fatten.
• Teaches more about work, money and the road to freedom.

Three Principles for Building Wealth 

1. Every time you get paid, save one-tenth of what you earn. To put it simply, pay yourself first one-tenth of your earnings. Whatever expenses you have managed with your remaining earnings, don’t touch this one-tenth of your savings.
2. When you want to invest your savings after some period, say one year, ask advice from those who are good at handling money and doing it on a daily basis. If you go the other way, you are most likely to get cheated.
3. This one-tenth that you saved are the seeds planted for the tree of your wealth. These should further work for building your wealth. Don’t cut off the tree that is spent on your savings before you can build your tree of wealth.

7 Curses of a lean purse

Sometimes, when we look at our purse, we feel that it is always lean and we will never stop wondering how good it will be if our purse was the fat one. In this book, the author gives us 7 curses of a lean purse and how to overcome those curses. A glimpse of these are

• Make your purse fatten by spending only one-tenth of what you have in the purse.
• Minimise your expenses
• Find ways to multiply your money
• Safeguard our money from any loss such as bad investments
• Own a home
• Make ways for a future income in case you are sick and no longer able to make money
• Increase your ability to earn.

Is the book worth it? 

Before buying this book, readers will doubt will this book is really worth buying as it is based on the principles from an ancient city that no longer exists today. But the principles given in this book are worthwhile for sure. When you try to implement the lessons, you will see that you are on a new adventure in your personal journey of wealth building along with clearing all your debts. 

About the Author 

George Samuel Clason was an American author and his book The Richest Man in Babylon was a bestseller. He was born in Louisiana in the year 1874. Besides, being an author, he was also a successful businessman who invented the Clason map company and made it successful. He started his writing career with pamphlets regarding thrift and financial success by 1926. 

Conclusion 

Starting with the richest history of Babylon, this book also gives a glimpse into the day-to-day lives of Babylonian people and how well they lived their lives. This book not only teaches the principles of money but also some valuable lessons about work, freedom, safety, and living a life of integrity. This book can be your saviour if you are going through a financial crisis right now.