The Richest Man in Babylon
WealthSummary
Ancient Babylonian principles of wealth building through saving, investing wisely, and making money work for you.
Key Insights
- Pay yourself first - save at least 10% of everything you earn
- Make your gold multiply by investing it wisely
- Guard your treasures from loss
- Make of thy dwelling a profitable investment
Action Items
- 1Set up automatic transfer of 10% of income to savings
- 2Seek advice only from those competent in the matter
- 3Invest in what you understand
- 4Own your home rather than pay rent
Core Theme
A part of all you earn is yours to keep. Save it, invest it, and watch it grow.
Discovery is the first stage. Now travel the path from understanding to transformation.