Saturday, January 12, 2008

The Richest Man In Babylon

An all time classic on wealth creation...

This has to be one of the all time greatest books in understanding how to create and grow your financial wealth. Written in 1926! The principles are as valuable today as the were then. A definate classic for the bookshelf.

It is written as a parable of ancient times. George S. Clason successfully guides the reader through the fundamentals of building your success.

Key Concepts:

1. Money is the medium by which earthly success is measured.

2. Money makes possible the enjoyment of the best the earth affords

3. Money is plentiful for those who understand the simple laws
which govern its acquisition

4. Money is governed today by the same laws which controlled it when
prosperous men thronged the streets of Babylon, six thousand years ago

5. Wealth is power. With wealth many things are possible

6. A part of all You earned is yours to keep – Save 1/10th

7. Learn to live upon less than you earn. Next you learn to seek advice
from those who are competent through their own experiences to give it.
Lastly, you learn to make money work for you

8. Wealth grows wherever men exert energy.

9. 7 Cures for a lean purse –
a. Start thy purse to fattening (earn 10, spend 9)
b. Control thy expenditures
c. Make thy gold multiply (take the money you have saved and
wisely consider means to put the money to work
d. Guard thy treasures from loss
e. Make you dwelling a profitable investment
f. Insure a future income
g. Increase you ability to earn

10. Men of Action are favoured by the Goddess of Good Luck

11. A man’s wealth is not in the coins he carries in his purse; it is the income
he builds and the stream that continually flows.

12. Do not purchase what you are unable to pay for.

13. To attract good luck to oneself it is necessary to take advantage of

14. The five laws of gold
a. Gold will come to men who will put not less than 1/10th of
his earnings to create an estate
b. Gold will work for those who put it to work
c. Gold stays with the protection of a cautious owner and
invests it wisely
d. Gold slips away from the man who invests it in businesses or
purposes with which he is not familiar or proven
e. Gold slips away from the man who would force it to
impossible earnings or who follows tricksters
15. Good luck waits to come to that man who accepts opportunity

16. Better a little caution that a great regret

I get it from

you should check this one...

it's good.

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