- On Amazon, “The Richest Man in Babylon” has a global rating of 4.8 out of 5 stars, based on over 17,000 customer reviews. This indicates that the book has received a positive reception from readers overall. Many reviewers have praised the book for its clear and practical financial advice, as well as its engaging storytelling style. However, some reviewers have noted that the book’s advice is simplistic and may not be applicable to all financial situations.
- On Goodreads,”The Richest Man in Babylon” has a global rating of 4.28 out of 5 stars on Goodreads, based on over 250,000 ratings and more than 9,000 reviews. This suggests that the book is generally well-received by readers on the platform.
“The Richest Man in Babylon” is a book written by George S. Clason and first published in 1926. The book is a collection of parables set in ancient Babylon that provide financial advice and wisdom for personal finance and wealth management. It has become a classic in the genre of personal finance literature and is often recommended as a must-read for anyone interested in improving their financial situation.
The book is structured around a series of stories that follow the lives of characters in ancient Babylon as they learn various financial principles from a wealthy man named Arkad. The stories cover topics such as saving money, investing, debt management, building wealth, and living a prosperous life. Each story includes a moral that is designed to provide the reader with a specific financial lesson or principle.
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Throughout the book, the author emphasizes the importance of practical financial knowledge and the application of sound financial principles. The language is easy to understand and the stories are engaging, making the book accessible to readers of all ages and backgrounds. The book also includes practical advice and step-by-step instructions for implementing the financial principles it teaches.
Overall, “The Richest Man in Babylon” is a timeless classic that offers practical advice and financial wisdom that is still relevant today. It is a must-read for anyone interested in personal finance, wealth management, and living a prosperous life.
The principles discussed in “The Richest Man in Babylon”:
- Start thy purse to fattening
- Control thy expenditures
- Make thy gold multiply
- Guard thy treasures from loss
- Make of thy dwelling a profitable investment
- Ensure a future income
- Increase thy ability to earn
- Protect thyself from loss
- Make thy home a profitable investment
- Insure a future income
- Improve thy skills
- Increase thy knowledge of investments
- Make thy investment plan and stick to it
- Make a profitable investment
- Own thy home
- Ensure a future income for family
- Increase thy ability to earn
- Teach thy children to earn and manage money.
“The Richest Man in Babylon“ is a classic book that offers timeless financial wisdom through a collection of parables set in ancient Babylon. The book was first published in 1926, but its principles and lessons continue to be relevant to this day.
The book’s central theme is the importance of financial discipline, saving money, and investing it wisely to achieve long-term wealth. The author, George S. Clason, does an excellent job of using simple, easy-to-understand language to convey complex financial concepts. The use of parables helps to make the lessons memorable and enjoyable.
The book’s straightforward approach and practical advice have made it a favorite among readers looking to improve their financial literacy. Some of the key takeaways include the importance of paying yourself first, investing in your own skills and knowledge, and living below your means.
Overall, “The Richest Man in Babylon” is an excellent book for anyone looking to improve their financial well-being. Its timeless principles and engaging stories make it a fun and worthwhile read for people of all ages and financial backgrounds.
About the Author
George S. Clason was an American author, businessman, and soldier. He was born in Louisiana in 1874 and spent most of his life in the Midwestern United States. Clason worked in the financial industry and was a founder of the Clason Map Company, which produced maps and atlases.
Clason is best known for his book “The Richest Man in Babylon” which was first published in 1926. The book has become a classic in the genre of personal finance and has sold millions of copies worldwide. Clason wrote a number of other books on personal finance, including “The Richest Man in Babylon and The Magic Story,” “Gold Ahead,” and “The Five Laws of Gold.”
Clason passed away in 1957, but his legacy lives on through his influential writings on financial management and wealth creation.
- Publisher : CreateSpace Independent Publishing Platform (February 18, 2015)
- Language : English
- Paperback : 100 pages
- ISBN-10 : 1508524351
- ISBN-13 : 978-1508524359
- Lexile measure : 1050L
- Item Weight : 5.6 ounces
- Dimensions : 6 x 0.25 x 9 inches
- Best Sellers Rank: #8,633 in Books (See Top 100 in Books)