I have developed 2 major weaknesses over the course of my life. Bring me to a wine fair and I will walk away with a bottle or two. Slap '20% Off!' stickers onto books and I will be left with a dollar or two.
The book I am reviewing today was one of those books with one of those stickers.
'The Richest Man In Babylon' by George S. Clason is a really old book and some of you probably would have read it before. However, it is one of those rare gems that deserves another read from time to time.
What is it about:
Short stories of Babylonians, each with a financial lesson to learn. The stories are wonderfully narrated and are told from the perspectives of all Babylonians, from slaves to royalties.
Who is it for:
I personally feel that this book is best for those who are in debt. It not only offers a very simple and effective solution(i.e. set aside 20% of your monthly income to settle your debts), the stories have a feel-good effect as well.
Basically this book is good for everyone because we need to be constantly reminded of the simple financial principles that will guide us to financial freedom.
My favorite quote:
Money is plentiful for those who understand the simple laws which govern its acquisition.
Conclusion:
The stories basically convey similar messages repeatedly, however this reinforces the simple principles of wealth management.
If you are clueless about finances, then this is a very good starting point.
For those who are more adept with wealth management, the parables are still good entertainment though you most probably will not learn anything new.
Written in simple language and being barely over a hundred pages long, it won't hurt to give it a look.
You never know what you might get.
Sense n Cents
23 April 2008
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