The author shares invaluable lessons from the point of view of a very rich man named Arkad. Babylon was the wealthiest city in the ancient world and Arkad was the richest man living in that city and in this book Arkad shares his secrets and some easy to implement financial advices of becoming the richest man of Babylon.
Some of the base concepts from the book: 1. Pay yourself first (Save at least 10% of your paycheck) 2. Don't trust a bricklayer to buy jewels (Don't get caught up in other people's excitement. Go see the experts instead) 3. Don't put all of your eggs in a single basket (Diversify your portfolio). 4. Control thy expenses. (Even the richest man has a time constraint on his life. Do what you enjoy, but don't overdo it) 5. Increase your ability to earn (That one is self-explanatory) etc.
This book serves as a guide of financial education for many generations to come.
Lo, Money is Plentiful For Those Who Understand The Simple Rules of its Acquisition
$even Cures for a Lean Purse
1. Start thy purse to fattening For every ten coins thou placest within thy purse take out for use but nine
2. Control thy expenditures
3. Make thy gold multiply Not only did my capital increase, but it's earnings likewise increased
4. Guard thy treasures from loss It is wise to be intrigued by larger earnings when thy principal may be lost? I say not
5. Make of thy dwelling a profitable investment Every man own the roof that sheltereth him and his
6. Insure a future income A man to make preparation for a suitable income in the days to come, when he is no longer young, and to make preparations for his family should he be no longer with them to comfort and support them
7. Increase thy ability to earn Cultivate thy own powers, to study and become wiser, to become more skillful
Read the book! it's an excellent financial advisor!!!!!!!!!!!!!!!!!!!!
Some nice little tips, but don't be taken in by the misleading sales copy printed all over it. The Techniques are from the early 1900's and have no historical background to them. The grandiose language leads you in, and It can't rely on the advice itself, it needs parable-like stories to hook you.
I didn't think I would love this book this much! Time to apply it. And keep learning. And keep rereading the book and apply the basic lessons as much as I can. They are reasonable. They are practical. As long as you understand the language and the way it is written, this book will do everyone good.
This book surprised me. At first I thought it would be a book that would take time for me to understand it’s contents. But how wrong was I?!
Absolutely entertaining and almost like a folk tale, this book gives simple and meaningful tips on how to
Magnífico. Otro para la pila de libros que tengo en la mesilla de noche, para tenerlo bien cerquita.
Muy bien escrito, a modo de pequeñas historias de los habitantes de Babilonia, que nos cuentan sus experiencias de vida y nos transmiten muchas enseñanzas, sobre todo de la administración de las finanzas personales.
Un 10. Creo que todo el mundo debería leer este libro al menos una vez en la vida.
"¿Cómo puedes llamarte a ti mismo hombre libre, me dijo, cuando tu debilidad te ha llevado a esta situación? Si un hombre tiene alma de esclavo, ¿no se convertirá en uno, sin importar su cuna, del mismo modo que el agua busca su nivel? Y si alguien tiene alma de hombre libre, ¿no se hará respetar y honrar en su ciudad aunque no lo haya acompañado la suerte?"
كتاب ليس لكل أحد … فقط للمهتمين بتكوين ثروة يخبرك من أين تبدأ بإسلوب قصصي ممتع مع ( اركاد ) ونصائحه وهو المشار إليه بأغنى رجل هنا
لهذا الكتاب قيمة كبيرة لدي كونه تطرق لحالات تجارية مرت بي في مجال تخصص ( ادارة الأعمال ) وعشت التجربة بكل نتائجها وقعت ما بين خداع وسرقة فشل لإنعدام الخبرة خسارة تتحملها بمفردك المؤلف هنا تحدث وكأنه خاض التجارب معك وتعرف على نتائجها مسبقاً
يبدأ الكتاب بتساؤل أصدقاء أركاد عن سبب تفوقه عليهم في جني ثروة عظيمة بينما لازالوا يقفون في ذات الموقع منذ سنوات بالرغم من إمتلاكهم إمكانيات توازي إمكانياته في المهارة وهنا قرروا اللجوء لصديقهم الثري ليرشدهم كيف ومن أين تكون البداية
ولا يبخل عليهم أركاد بإسداء النصائح مع الإستدلال بحادثة وقصة حدثت معه بإسلوب ممتع ومنطقي
كتاب يعرض طرقاً علاجية للتغلب على خلو المحافظ من المال
وهو دليل لفهم الأمور المالية
كيف تكسب المال ومن ثم تحافظ عليه واخير كيف تنميه وتجعله يجني أضعافه
This is an excellent read. I see why this book is a classic. While purchasing this book, the cashier shared that this book is a top one for financial gurus.
It is an easy read, informational, and appealing. I like history and learning in general, so this literature caressed my interests. The content of this book is delivered through dialogue between characters and parables. Many life lessons concerning money management and philosophies concerning wealth, its apprehension, and attitudes towards it is addressed. This book itself is plentious of rich nuggets.
I did not waste my time flipping its pages. Truly, I was enriched.