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Friday, April 17, 2020

The Richest Man in Babylon by George S. Clason
My Rating - 3 out of 5 stars
Publisher - Penguin Random House
Genre - Classic/Finance/Business
Publishing year - 1926
Language - English 
ISBN - 978-0-143-44845-7
Pages - 207



My Review - 

Babylon is a lost city with a rich heritage. They only have two natural resources - fertile soil and water in the river. All the other things were man-made. While the rest of the world just learning to survive, they built a magnificent wall to defend them. They were considered as the first engineers, mathematicians, financers, and the first people to have a written language. They were way ahead of their time and enlightened. 

The book starts with a parable where Bansir wants to become wealthy and seeks the advice of Arkad, the richest man in Babylon. Arkad shares his wisdom with a thousand men, so they teach others and apply as well. 

The central aim of the story is to save 10% of your saving for investments. Do not make an investment without prior knowledge, seek advice who are in those fields. This book does not just show the way to clear all your debts, but also how you manage your finances, so you don't need any further loans. George S. Clason mentioned the importance of gold and how a person can prosper, including a slave. 

All we know is wealth that comes quickly goes the same way, so it is vital to make priorities. Being prosperous is a long-term process, one has to be patient and take the right decisions, grab the opportunities, whenever they appear. 

The book is written in a simple style, but the content is repetitive, that's why so many people don't like it. Despite its flaw, The Richest Man in Babylon has some valuable lessons to offer. Don't forget the book is a classic written in 1926, so give it a try. 

Grab your copy from - Amazon IN Amazon US











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