Dear Readers,
Wish to share with you a wonderful -
little (just 72 page) book on Financial Wisdom that I came across
few months back. The Book is titled as “The Richest Man in Babylon” and
was published in 1926.
This is a must read book for anyone who is
just starting her/his journey of personal finance. Those who want to refresh
their knowledge on financial wisdom will also find the book interesting and
useful.
This book offers financial advice through
collection of simple stories set in ancient city Babylon. (A city in
ancient Mesopotamia, founded in 1894 BC.) As
on date, Babylon no more exists as a city.
Once it was the wealthiest city in the world despite of fact that it had no rich natural resources-no
forests-no mines-even less rainfall.
This fact makes this city an amazing example
of man (humanbeing)’s capability and talent to achieve anything as all of its
riches were man-made.
Its citizens (Babylonians) were richest people
of their time due to their
various skills and smartness in financial management. Some history researches
say they were the original inventors of money as means of exchange. (http://en.wikipedia.org/wiki/History_of_money)
So, let’s learn (re-learn) some Most Basic yet
Most Important principles on long-term wealth creation/personal finance from
such ancient people’s wisdom.
After reading, you
will be amazed to know how true these principles stand today which were
practiced thousands of years ago by these intelligent Babylonians.
PS: In this book, there are many words from old
English. E.g. Thou for You, Thy for Your, Gold for Money/Wealth etc. So, you
have to exercise little bit on English Translation but it’s worth it.
Empty wallet is main
cause for most of the worldly problems.
"Money
doesn’t solve all of your problems, but it does solve your money
problems."
Enjoy NOW!
Pawan Kabra
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