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Summary: This should be read prior to High School Graduation
Review: This book is an incredibly insightful book, that really needs to be read slowly and really digest the parables that are being recounted.Specifically these items are very important: *He must pay his debts with all the promptness within his power, not purchasing that for which he is unable to pay *He must take care of his family that they may think and speak well of him *He must make a will of record that, in case the Gods call him, proper and honorable division of his property be accomplished *He must have compassion upon those who are injured and smitten by misfortune and aid them within reasonable limits. He must do deeds of thoughtfulness to those dear to him. *Cultivate thy own powers, to study and become wiser, to become more skillful, to so act as to respect thyself. Thereby shat thou acquire confidence in thy self to achieve thy carefully considered desires.
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Summary: Timeless Financial Advice for Everyone.
Review: Twenty-five years ago, I sold radio advertising and had a client who seemed to have it all. Owned two of the town's best restaurants, drove a Porsche and a BMW, the hot cars then, was always taking a week or two off to go skiing or something and was only one year older than me. I'd spent a lot of time with the guy--he wasn't a great brain, terribly clever or witty. But he knew how to handle money. After calling on him for a couple of years, I figured I knew him well enough to ask him how he did it. I expected to hear he was deeply into commodities trading, or had an uncle who worked on Wall Street, a wealthy family or something like that, but he said it was really very simple. Once a year, he read The Richest Man in Babylon, and the rest of the year, he tried to apply it in his daily life. Well, you know how it is with people who Get Relgion. I wasn't in a place where I could accept that something so simple as reading a hundred and fifty pages of Ye Olde Storey could actually turn my financial life around, but I bought a copy. And about a year later on a rainy Saturday, I started reading it and couldn't put down. I know that's a phrase you see repeated in countless Amazon.com reviews, but it was true. The characters from the book reached out across thousands of years and grabbed me by the lapels and shook some sense into me. I have tried to re-read the book at least once per year, every year since then. Something else: I've tried to give away two copies per year, to people I know and love who I feel can benefit from not making the same mistakes I made in my mispent youth. There aren't any magic formulas in this book. There is nothing about options or day trading or investing new whatever the latest new technology is. It's almost math-free. Kind of ironic, when you turn the pages of the average business best seller and try to figure out the charts and graphs and algebra. This is a book that ought to be used in our schools. It's written in a wonderful old-world style and the characters are real heroes, grapling with many of the same issues we struggle with today--they're just doing it without cable-TV and the internet. You want a new Lexus? These folks talk about how hard it is to survive without one of the newest-model chariots. It's the same thing, really. Do yourself, your spouse, your children, your neighbors a favor. Buy a few copies of this one. Keep one for yourself, and give away the rest. Mark yours up. Underline it. Make notes in the margins. Try to re-read it whenever you feel yourself being tempted to pop for ADSL or new cellular phone or a ski trip or the latest and greatest widget. Read a single financial book, and you get a few good ideas. Read two and you get a few more. Read several and you start to get very little new information. I've read dozens of titles, from Andrew Tobias to Martin Zweig. But I'd recommend you start right here. If you never read another book on money, you will have a very sound basis for a very good life, after spending a day in ancient Babylon and watching how they learned to handle money thousands of years ago. This is the money book to buy if you're only buying one.
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Summary: Real stuff, no fluff.
Review: Gives simple, applicable, and elegant rules to attract and keep money forever without being a miser, accountant, or unsatisfied with family life. First, unlike today's books which tell you fluff in order to lure you into buying more of their products, this guy from 6,000 years ago has no such interest and tells all the secrets to making money, the sure and safe way. Second, this book has stories which do not use baseball and football game examples, which are so common in today's books. Not everyone plays these games and for those, the sports-oriented examples prove to be an obstacle to understanding the moral of the stories. The stories in this book are understandable by all, because they are simple and do not have cultural biases. Third and last good thing is, even though the stories have an old-time setting, the lessons are as applicable today as they were then. You can apply the rules to your kids as well as to your business. Secrets to making money, paying off debt, and still enjoying life to the fullest with your family.
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Summary: LIFE CHANGING
Review: After reading many books on finance and success I can honestly say this one changed my life. I've never looked at money the same way since. Mr. Clason's idea's are easy to grasp and he repeats them in interesting ways so you begin to commit them to memory. DO NOT WAIT TO READ THIS BOOK! Get on the road to financial success today.
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Summary: Amazing
Review: This book is amazing, originally written about 75 years ago,it is timeless. All books about personal finance are definitely based on the ideas presented in this book but in different words. This book is truly engrossing, and very understandable. If you want to get wealthy and help ensure weath in your family for generations to come, then please read this book , and teach its sound concepts to your children.
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Summary: Stories so good you'll forget you're learning about finance!
Review: This is the best book I've read on personal finances. I avoided it for years because "Babylon" doesn't represent the nicest place in Christian language. Glad I got over that! The wealth of easy to understand information in this book makes it worth reading annually. . .at least!
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Summary: The World Needs a Children's Illustrated "Richest Man..."
Review: Learning early on that a part of everything i earn is mine to keep is a lesson for all ages -- so why can't i find an illustrated "Richest Man in Babylon" that i can read to my grandchildren? Is help on the way? Ted Leber tmleber1@earthlink.net
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Summary: Great for all ages!
Review: I just finished college and my dad's been helping me get started in mutual funds. He handed me this book (after he'd read it himself) and told me to read it. Worried it was just another dull, on-going investment book, I procrastinated... but when I finally started to read it, I was pleasantly surprised! It's very easy to read, fun, short, and to the point. My dad also made my mom read it, and he's planning on buying more copies to loan out to friends! It's really helped our whole family. If anyone out there is having a hard time getting a friend interested in mutual funds or any type of investing, this point will get the point across! Great deal for the money- and a great stocking stuffer!
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Summary: Simple truths.
Review: This book contains age old truths about money. In this time of easy (maybe too easy) credit and widespread debt problems the book has good info about how to acquire and manage money. There is also good practical advice about how to get out of debt. The best thing about the money acquisition plan is that anyone can put it into practice without becoming a miser. Everyone should read this but especially young people who are just starting out. I wish I would've got my hands on this at age 20. Well, better late than never!
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Summary: Inspired
Review: I have read literally hundreds of books on financial management, the stock market, investing, and economics in general, and quite simply, this is the most concise, most entertaining, and most useful book on how to get your finances together that has ever been published. Written in the form of a delightful series of parables set in ancient Babylon, the book dispenses timeless advice on how to get out of debt, how to save, how to budget, how to do better on the job, and how to invest for the future. An interesting sideline--George Clason published the first road atlas of the US back in the 1920's, but it is as the writer of this timeless book of personal financial advice that he is best remembered today. If you only read one book on the subject, it should be this one.
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