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The Richest Man in Babylon

The Richest Man in Babylon

List Price: $6.99
Your Price: $6.29
Product Info Reviews

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Rating: 5 stars
Summary: An Old Book with a Fair Amount of Wisdom
Review: I often give this book out as a gift whenever a person younger than me asks for my advice on money. I always present this book to them saying "if you read it and do as it says, it will work magic." It really contains excellent, time tested advice, and would make a good gift for someone in their early 20s who is on their own for the first time, and struggling.

The book is a series of parables about money written in the 1920s by George Clason. They were written as individual essays of a few thousand words, but the theme throughout them is consistent -- save 10% of your money, give 10% away, use 10% to reduce your debt load, and live on the remaining 70%.

The stories in the book are entertaining; they are reminiscent of some of the parables in the Bible, such as the Prodigal Son or the story of the Workers in the Vineyard. I think this is intentional on the part of the author; certainly readers in the 1920s had an appreciation for "old fashioned stories with a moral" that people today seem to have lost. I enjoy the book greatly, though, and any thoughtful person who reads the book should find it interesting, especially if they are trying to get their finances in order.

Rating: 4 stars
Summary: The Richest Book On Shelves
Review: The Richest Books On Shelves

In George S. Clason's "The Richest Man in Babylon," vital ancient secrets are told on how to get rich. This book represents the valuable information in a series of stories, which in turn make the book more interesting and easier to follow. As an example, one of the most useful tactics about money in this book is "The Seven Curses for a Lean Purse" (22). These seven curses become more evident to one once read through their daily lives, as they are not so common sense traps that everyone falls into.
Along with the great secrets and stories, is the choice of words presented in the text. A clever mix of modern English and biblical style make the book an easier read while adding onto the stories. On a scale from 1-10, this book would definitely receive an 8 if not better, due to its secrets told and guidelines presented in it such as "The Seven Curses for a Lean Purse" (22) and "The Five Laws of Gold" (57). If one liked "Rich Dad Poor Dad" by Robert T. Kiyosaki or other books similar to it, one will enjoy this book. Once taught and told the secrets of this book, one's financial ways will differ and improve. Recommendations for this book go out to anyone and everyone who wants to get out of financial debt, and learn more about how to manage their money.

Rating: 5 stars
Summary: Valid in 1926, valid in Babylonian times, valid today!
Review: George Clason makes use of a Babylonian metaphor to tell a tale that could very well have been valid back 5000 years ago, as well as in 1926 (when the book was written) and today. Having read a few of the books of the "Rich Dad" series, I can't avoid thinking that a lot of the ideas in those books most likely came out of this one. Here is a brief summary of what this title has to offer:

-Save 10 percent of what you earn, regardless.
-Control your expenses.
-Make your money multiply (work for you).
-Invest wisely and look for the advice of wise persons.
-Own your home.
-Make sure you have provisions for when the time to retire comes.
-Countinue to learn about how to make money.

The book really comes down to these few learnings, which by no means is little. In fact, the way the story is told, it's very easy to grasp, and very likely you will feel identified with several of the characters throughout it. It's such an inexpensive book and such a quick read that it's a crime not to read it. It will pay off for itself millions of times... hopefully.

Rating: 5 stars
Summary: A ONE OF A KIND CLASSIC
Review: I first read "Richest Man in Bablyon bac in 1975. At first I was taken back by it's compact size and story book style. This book should be read by everyone from grade school to the college level students, employees, executives and the self employed. In todays's society, where people spend most if not all of what they make, this book is mre valuable than ever. Other books I would recommend are; "The Millionaire next Door" by Dr. Stanley et all, "More Wealth without Risk" and "Financial Self-Defense" by Charles Givens. Great book. A must read for anyone seeking financial independence,

Rating: 5 stars
Summary: POWERFUL, VERY POWERFUL BOOK!
Review: I am continually amazed at how a book so small can contain so much content and be so powerful. This book should be mandatory reading beginning at the grade school level through college and should be given as a gift right along with a diploma.

I took the advice of acde1034@yahoo.com who recommended 'The Millionaire next Door" and "More Weath without Risk" and bought and have read both. Both of these books are in the same status as "The Richest Man in Bablyon" and should also be required reading by anyone who is serious about their financial future. I am now giving "Richest Man in Bablyon" as a accessory gift to a cash gift at weddings and graduations.

Rating: 5 stars
Summary: Even better the fifth time around!
Review: I first heard about this book 17 years ago. At that time, I was in a direct sales company and had the good fortune to attend a seminar conducted by a businessman named Jim Rohn.

Mr. Rohn talked about his early mentor, a man named Earl Schoff and went on to tell us how Mr. Schoff turned him on to personal development and pointed him to the right books to read. One of the most important books, said Rohn was The Richest Man in Bablyon.

Rohn had made and lost a fortune but came back and made another fortune and gave credit to the principles in The Richest Man in Bablyon for helping him accomplish that feat.

I read The Richest Man in Bablyon and have to admit, I hated it! I thought it was stupid, like feel good stuff that has no substance. When ever friends came over, I hid the book. I felt so ridiculous.

But Mr. Rohns words of wisdom kept echeoing in my mind. So I read it over and over untill the principles were imbedded into my conscious and subconsious mind.

Soon, after the fifth reading, the the principles became habits for me. My wealth esculated at a very rapid rate. I was no longer wasting money. I was now investing the first 10% of my income, tithing 10% and investing another 10% in capital like no load mutuals, real estate, discounted mortgages, tax liens and my own business.

The Richest Man in Bablyon has 7 basic principles:

1) Start thy purse to fattening - save/invest
2) Control thy expenditures - watch out for self serving brokers
3) Make thy gold mutiply - use powerful investments
4) Guard thy treasures from loss - watch out for brokers with
their hot tips.
5) Make of thy dwelling a profitable investment - rental properties, your own home---but stay within your means.
6) Insure a future income - do work that you love to do. Become excellent at it.
7) Increase thy ability to earn - education never stops. Keep reading good books like this one, The Millionaire Next Door, Rich Dad Poor Dad and so on.

The Richest Man in Bablyon is an excellent book. Although only 145 pages, it is packed with powerful information that can be life changing. It has helped some people like Jim Rohn and others become millionaires.

George Samuel Clason was born in Louisiana, Missouri, on November 7, 1874. He attended the University of Nebraska and served in the United States Army during the Spanish-American War. Beginning a long career in publishing, he founded the Clason Map Company of Denver, Colorado and published the first road atlas of the United States and Canada. In 1926, he issued the first in a series of pamphlets on thrift and financial success, using parables set in ancient Bablyon to make each of his points.

These were distributed in large quantities by banks and insurance companies and became familiar to millions, the most famous being "The Richest Man in Bablyon," the parable which has impacted the lives of millions of people. These "Babylonian Parables" have become a modern inspiritional classic.

The Richest Man in Babylon is must reading for anyone who wants to achieve maximum financial success. Highly recommended.

Rating: 5 stars
Summary: Storytelling put to good use
Review: The parables in this story are meant to bring some basic principles of financial planning to life through the use of stories, using the wealth of ancient Babylon as a backdrop. The advice itself is all still sound today, which is remarkable, given the book's age.

This would be a wonderful book for anyone who needs to learn some of the basic lessons of earning, saving, and spending money (or needs to be reminded of them!), but doesn't respond well to dry manuals. It's a natural choice for kids who are just starting to discover the pleasures and dangers of money; at that age, books can have a big impact of values!

Don't look to this book to give you advanced financial planning information or directions on how to start a Roth IRA. If you're a financial whiz, you've probably already mastered many of these principles. Still, this book is considered a classic, and if you're not familiar with it, you may want to check it out from the library for a quick read, even if the content won't be new.

Rating: 5 stars
Summary: An Old Book with a Fair Amount of Wisdom
Review: I often give this book out as a gift whenever a person younger than me asks for my advice on money. I always present this book to them saying "if you read it and do as it says, it will work magic." It really contains excellent, time tested advice, and would make a good gift for someone in their early 20s who is on their own for the first time, and struggling.

The book is a series of parables about money written in the 1920s by George Clason. They were written as individual essays of a few thousand words, but the theme throughout them is consistent -- save 10% of your money, give 10% away, use 10% to reduce your debt load, and live on the remaining 70%.

The stories in the book are entertaining; they are reminiscent of some of the parables in the Bible, such as the Prodigal Son or the story of the Workers in the Vineyard. I think this is intentional on the part of the author; certainly readers in the 1920s had an appreciation for "old fashioned stories with a moral" that people today seem to have lost. I enjoy the book greatly, though, and any thoughtful person who reads the book should find it interesting, especially if they are trying to get their finances in order.

Rating: 5 stars
Summary: All the financial planning you'll ever need
Review: Someone tried to GIVE me this book when I was 13 years old. Sadly, I didn't have the sense to see how valuable this book was. It would be another 12 years before I finally sat down to read it. It drives me nuts to this day that I wasted those 12 years.

This book introduced me to the concept of "pay yourself first." Thanks to George Clason, I now realize that getting rich isn't a matter of how much you make--it's all about how much you keep.

Babylon's basic premise is to save no less than 10% of every dollar you make; and not only save it, but put it to work. Do that consistently and continually, and you can't help but get wealthy. Why work like a dog only to hand over your paycheck to the landlord, the grocery store, the credit cards, etc? Much better to keep the 10% and have something to show for your effort. Once you accumulate enough, the money does all the work.

Not sure this is for you? Go ahead then--keep living paycheck to paycheck. We'll see who comes out ahead. As one of Clason's characters puts it: "hast thou the soul of a free man? or that of a slave?"

Rating: 5 stars
Summary: Pathway to Riches
Review: Offers a warm-hearted, simple story on how to amass riches and quench one's thirst for seeking out the secrets to such success.

Great tale with rules applicable in everyones' life.


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