Product Description

OVER 2 MILION IN PRINT

The success secrets of the Ancients-the most inspiring book on wealth ever written

Product Details

• Amazon Sales Rank: #368 in Books
• Published on: 2002-01-01
• Released on: 2004-02-03
• Number of items: 1
• Binding: Paperback
• 160 pages

Los Angeles Times
A great gift.

Review
"What can a book written in the 1920s tell modern investors about their finances? A whole lot if it's George Clason's delightful set of parables that explain the basics of money. This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investor."
-Los Angeles Times

Customer Reviews

Fundamental Principles Wrapped in Ancient History
Books that present an effective common sense approach to financial literacy are always in demand. The Richest Man in Babylon falls into this category as a book whose principles are conventional yet significant.

Save ten percent of your income, constantly analyze and cut your expenses, guard your investments, obtain all necessary insurance; all these principles will appear obvious in nature, but this should not discount the value of the book. The Richest Man in Babylon provides a resounding message tucked within short historical anecdotes intended to ensure this advice takes hold of the reader. Saving ten percent of your income is not an overwhelming concept, yet what percentage of society practices this from early in life? Reading this book will afford the reader a more lasting motivation to begin such plans and to stick with them.

The Richest Man in Babylon alone will not give you wealth, but it will provide you with the financial pillars permitting you to organize your life for acquiring wealth.

Great information (if applied)
Since Pat Thorton's was the first review, it was one of the first i read, but i think he said it best. "Common sense is not necessarily common knowledge." the simple lessons contained within the book are somewhat common sense (save 10% of your income), but easier said than done, since most people are used to living beyond their means, especially in today's age of spending. It takes determination and financial responsibility to live below your means and save and invest for the future. Those that rated this book low are probably the ones that have the hardest time taking action on the book's recommendations. of the number of people out there saying "i knew that-just save money."--how many of them are actually doing it?!?! a very quick 2 hour read and well worth the time and money spent. highly recommended.

Motivating a Wealth Mentality!
I read this book back in 1994. It has much timeless knowledge.

The Richest Man in Babylon is an inspirational book on helping to create an investment mentality by using parables of how the Richest Man in Babylon would have invested. It is for beginning investors who need good reasons to develop a proper mindset to start working towards becoming financially independent. It also is a good book for recharging a wealth mentality in any investor.

The concepts in the book are simple, but their effects on wealth are profound! For example, George Clason covers The Five Laws of Gold. From the version I read, they are:

I. Gold cometh gladly and in increasing quantities to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.

II. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks in the field.

III. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.

IV. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.

V. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

Overall an excellent book for beginners though advanced investors.

The Re-Discovery of Common Sense: A Guide to: The Lost Art of Critical Thinking