Questions from: The Richest Man In Babylon by George S. Clason
First, a history lesson: George Samuel Clason was an American author who is most associated with his book The Richest Man in Babylon (first published in 1926).
George was born in Louisiana, Missouri. He attended the University of Nebraska and served in the United States Army during the Spanish–American War. Clason started two companies, the Clason Map Company of Denver Colorado and the Clason Publishing Company. The Clason Map Company was the first to publish a road atlas of the United States and Canada, and did not survive the Great Depression.
George is best known for writing a series of informational pamphlets about being thrifty and how to achieve financial success. He started writing the pamphlets in 1926, using parables that were set in ancient Babylon. Banks and insurance companies began to distribute the parables, and the most famous ones were compiled into the book The Richest Man in Babylon – The Success Secrets of the Ancients. He’s credited with coining the phrase, “Pay yourself first.”
His book dispenses financial advice through a collection of parables set in Babylon. Through their experiences in business and managing household finance, the characters in the parables learn simple lessons in financial wisdom.
Here’s a challenge: This weekend, answer these questions for yourself and take the few simple steps it takes to put these ideas into practice. They won’t help you unless you help yourself.
Don’t wanna read the whole book? Here’s a Youtube link to an audio version.
Questions from: The Richest Man In Babylon – George S. Clason
- Start thy purse to fattening
- Control thy expenditures
- Make thy gold multiply
- Guard thy treasures from loss
- Make of thy dwelling a profitable investment
- Insure a future income
- Increase thy ability to earn
The 5 laws of gold:
- Gold cometh gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.
- Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
- Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.
- Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.
- Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
- A part of all you earn is yours to keep
- Men of action are favored by the goddess of good luck
- Better a little caution than a great regret
- We cannot afford to be without adequate protection
- Where the determination is, the way can be found
If you wanna read the book (which I totally recommend that you do) here’s a link. Speaking of books, I’m writing one but I need your help.
I need answers for the following questions:
Who is this book for?
Who does it help?
What should it be called?
Enter your email address for updates about it and I’ll send you some digital goodies including the initial chapter listing, a link to my idea archive, and some wallpapers (for phone, tablet, and monitor) that you can use right now. I appreciate you.