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The Richest Man in Babylon (PREMIUM PAPERBACK, PENGUIN INDIA) Paperback – 10 August 2021
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This is a premium edition of the best-selling classic and has french flaps, giving this book a sturdy and attractive look that will catch the eye of every reader.
The Richest Man in Babylon is the 1# bestselling classic on personal wealth and money management. Hailed as the greatest of all inspirational works on personal finance, it has helped countless readers amass wealth and success. This modern classic offers an understanding of, and a solution to, your personal financial problems. Narrated in simple everyday language, these fascinating and informative stories will tell you everything you need to know about thrift, financial planning, and personal wealth.
The Richest Man in Babylon brings together the famous 'Babylonian parables'. The ancient Babylonians were the first to discover the universal laws of prosperity, and now you can master them too! Through entertaining stories about the herdsmen, merchants, and tradesmen of ancient Babylon, George S. Clason provides concrete advice for creating, growing, and preserving wealth.
Valuable and profound, these teachings will change your life. Through this book you will –
1. Discover the 5 Universal Laws of Wealth. These fundamental rules about keeping, earning and growing your money will help you accumulate riches and ensure that you never struggle with money again!
2. Learn how you can gain financial independence. A person with no knowledge of money is destined to fail. This book will teach you the underlying principles that rule money, and how you can use the wealth you have to create even more wealth.
3. Understand how money works. What is the difference between the rich and the successful, and everyone else? Most people only focus on earning money, not understanding it. But how can you master something you don't know? This book will teach you the very fundamentals about money.
4. Make your money grow. Learn how to make profitable investments. Your money wants to grow. It wants to be invested so that you can become rich. This book will teach you the very basics of making a sound investment so that you never lose your money, but obtain massive profits!
5. Protect your money. Life can be unpredictable, and everything you've worked so hard for can vanish in front of your eyes. The Richest Man in Babylon will teach you how you can ensure that the money you've earned is safe-guarded and is always yours to keep.
Start from nothing and go on to achieve everything; fulfil your dreams and fill your purse-one page at a time!
The Richest Man in Babylon holds the secret to keeping your money-and making more.
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From the Publisher
In old Babylon there once lived a certain very rich man named Arkad. Far and wide he was famed for his great wealth. Also was he famed for his liberality. He was generous in his charities. He was generous with his family. He was liberal in his own expenses. But nevertheless each year his wealth increased more rapidly than he spent it.
And there were certain friends of younger days who came to him and said, ‘You, Arkad, are more fortunate than we. You have become the richest man in all Babylon while we struggle for existence. You can wear the finest garments and you can enjoy the rarest foods, while we must be content if we can clothe our families in raiment that is presentable and feed them as best we can. Yet, once we were equal. We studied under the same master. We played in the same games. And in neither the studies nor the games did you outshine us. And in the years since, you have been no more an honorable citizen than we. ‘Nor have you worked harder or more faithfully insofar as we can judge. Why, then, should a fickle fate single you out to enjoy all the good things of life and ignore us who are equally deserving?’
Thereupon Arkad remonstrated with them, saying, ‘If you have not acquired more than a bare existence in the years since we were youths, it is because you either have failed to learn the laws that govern the building of wealth, or else you do not observe them.
‘ “Fickle Fate” is a vicious goddess who brings no permanent good to anyone. On the contrary, she brings ruin to almost every man upon whom she showers unearned gold. She makes wanton spenders, who soon dissipate all they receive and are left beset by overwhelming appetites and desires they have not the ability to gratify. Yet others whom she favors become misers and, hoard their wealth, fearing to spend what they have, knowing they do not possess the ability to replace it. They further are beset by fear of robbers and doom themselves to lives of emptiness and secret misery.
‘Others there probably are, who can take unearned gold and add to it and continue to be happy and contented citizens. But so few are they, I know of them but by hearsay. Think you of the men who have inherited sudden wealth, and see if these things are not so.’
His friends admitted that of the men they knew who had inherited wealth these words were true, and they besought him to explain to them how he had become possessed of so much prosperity, so he continued.
‘In my youth I looked about me and saw all the good things there were to bring happiness and contentment. And I realized that wealth increased the potency of all these. Wealth is a power. With wealth many things are possible.
'One may ornament the home with the richest of furnishings. One may sail the distant seas. One may feast on the delicacies of far lands. One may buy the ornaments of the gold worker and the stone polisher. One may even build mighty temples for the gods. One may do all these things and many others in which there is delight for the senses and gratification for the soul.
'And, when I realized all this, I decided to myself that I would claim my share of the good things of life. I would not be one of those who stand afar off, enviously watching others enjoy. I would not be content to clothe myself in the cheapest raiment that looked respectable. I would not be satisfied with the lot of a poor man. On the contrary, I would make myself a guest at this banquet of good things.'
About the Author
- Publisher : Penguin (10 August 2021); Penguin
- Language : English
- Paperback : 192 pages
- ISBN-10 : 0143453629
- ISBN-13 : 978-0143453628
- Reading age : Customer suggested age: 13 years and up
- Item Weight : 168 g
- Dimensions : 13.49 x 1.02 x 21.59 cm
- Country of Origin : India
- Net Quantity : 170 Grams
- Importer : Penguin Random House India Pvt Ltd
- Packer : Penguin Random House India Pvt Ltd
- Generic Name : Books
- Best Sellers Rank: #4,234 in Books (See Top 100 in Books)
- Customer Reviews:
About the authors
Reviewed in India on 2 February 2023
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Very much the same learnings and basics as it is told in other Money books.. Psychology of Money by Morgan Housel would be a way better read than this...
Save at least one tenth of what you earn..
Invest that money where it can grow..
Don't put your money at unnecessary risk..
It's wise to consult the experts for better money handling..
Keep enough surplus that protect you from all misfortunes..
Have money with you that you would not spend, and have rejoice in its existence and that they belong only to you..Feel the control and power they give to you in Life..
Pay off all your debts gradually and become debt free..
Work with passion and dedication..
Good learnings for the uninitiated..
Not recommended for people who already have the basic financial knowledge because this is just a repitition of what you would already know for sure hence there isn't much new to learn for you.
I would like to quote a line that i found in the book - "The thoughts of youth, he continued, 'are bright lights that shine forth like the meteors that oft make brillant the sky, but the wisdom of age is like the fixed stars that shine so unchanged that the sailor may depend upon them to steer his course". This is just a summarisation of what i felt after reading the book that from the point when currency was first established centuries ago ( in the form of metals ) till the present , the basic financial principles remain the same and they will tend to remain the same according to me. Hence if one has the knowledge about them then they will surely be steering you ahead in your life. To name a few - Save , Invest wisely.
Reviewed in India 🇮🇳 on 2 February 2023
Top reviews from other countries
The old style English can be slightly off putting but as a KJV reader it was no problem.
It is otherwise easy to read, laid out in short stories and highlights at end to drive home points.
God help me, I will be teaching my children this book. Highly recommended for hard workers like me but with lean purses.
The ‘fables’ style of providing life lessons is such a ‘digestible’ and fun way to learn important life lessons and put yourself on the road to financial freedom.
The ‘5 Laws of Gold’ and ‘7 Cures for a Lean Purse’ are simple but truly effective financial rules that are simple to follow with discipline.
‘Always pay yourself first’ is a fundamental life rule that has personally changed my life.
‘Gold cometh gladly and in increasing quantity to any man who will put by not less that one-tenth (10%) of his earnings’ is another exercise that can change your life once disciplined in performing this every payday.
It’s one thing knowing the techniques, but you must take ACTION to receive the rewards.
Another amazing book.
This book confirmed for me things I already knew and was doing, for example, saving at least 10% of my income and investing it in order for the cash to multiply itself over time.
I wouldn't say the advice is groundbreaking however if your in a poor situation financially this book could very well give you the change in mindset required in order to start moving toward a better financial future.
The thing I loved most about this book was the language and the stories within it. I found this book incredibly hypnotic, in that I was so drawn in by the story and genuinely didn't want to stop reading it.
Not a particularly big book and depending on how fast you read you'll get through it fairly quickly however I'd advise to take time with it and think about what you've read and ask the all important question "How do I apply this knowledge in my own life".
Loved this book and a great addition to my library.