The Richest Man In Babylon

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Nobody gets rich without working and we know that we should work hard. But what does hard work mean? This book answers it well.

We all earn some money yet after years of work, many of us still live from hand to mouth. This book answers the mistake we do.

The best is, it answers the role of luck in success.

Description

Babylon was once the richest city in the world, known for its lavish houses, palaces and huge city walls. It created fertile farmland where once there had been desert through the use of irrigation. But as George Clason notes, it was also the cradle of modern finance: money as the means of exchange, tradeable property titles, promissory notes and all forms of lending and borrowing were all highly developed. Its prosperity continued for centuries because its inhabitants were allowed to make money freely. Even slaves, if they could earn a bit on the side, could eventually buy their way to freedom.Babylon’s success inspired Clason to write a series of fables which would demonstrate the unchanging principles of finance and wealth-building. They became very popular and were distributed by banks, insurance companies and other employers to teach the benefits of saving and hard work. The book can often feel simplistic and repetitive, but the advice about earning and savings are sound. By its nature, a book that is set in the days well before banks and organized markets is going to be sparse on details. This is not the book to read if you are looking for a how-to guide or specific techniques. Rather, this is a book that takes a theoretical approach to examining personal monetary policy.

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