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

☑️save money
☑️make money
☑️make money grow
☑️make meaningful investments and partnerships

Highlights:

اصلا فکر نمیکردم کتاب خوبی باشه!! بنظرم کتابی مثل بیندیشید و ثروتمند شوید و اینجور کتابها باشه ولی اینطور نبود و توی این کتاب که حالت داستانی هم داره به زبان ساده طوری درمورد سواد مالی صحبت شده که هم شیرین هست و هم اصول اولیه سواد مالی رو به خوبی آموزش میده. برای دوستانی که تازه دارن این راه رو شروع میکنن به شدت توصیه میشه

I read this book years ago and didn't remember it at all. I even wrote a review, but I'll write a new one.
It was written in 1926, three years before the Great Crash and the Great Depression began—ironic. I feel we may be heading into another difficult situation. This book is simple and offers great advice.
Here it is in a nutshell. Spoilers coming.

Live on 7/10ths of your income. Pay 1/10th to debt, 1/10th to recreation, and pay yourself 1/10th. Buy your home with a little land to grow a garden (but don't buy now, the prices are crazy and interest rates too high, but what do I know). Invest wisely with trusted people. Don't fall prey to scams and they abound more than ever these days. Prepare for the future.

I believe that was the gist of it. It's a slim book and takes a few hours to read.

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.

Read it 4 years ago, LOVED it, I should read it again. Fun to read, interesting, though provoking and but mostly just plain inspiring. If you don't have problems with spending too much money no need to read it. If you have tons of money and it's not a problem no need to read it. If you live on a budget like most of it, enjoy. Deserving of its well-regarded status of one of the classics of personal finance.

Freemason teaching people how to make interest money. #unholy

استحضار اكثر من رائع للحضارة البابلية يهدف الى ايصال مبادئ اساسية للكسب الشخصي للمال وادارته
على بساطة الافكار التي تم تقديمها الا انها في غاية الاهمية
القاعدة المهمة: ادخر 10% من مدخولك واستثمره

الكتاب جميل في اسلوبه القصصي واستحضاره للتاريخ .. وهو كذلك مفيد للغاية

"The Richest Man in Babylon" is one of the most interesting and valuable books on financial planning I came across. I'm on this journey to discover some good books on finances, and its definitely worth a read. This is coming from someone who has no idea on how to manage money, but the lessons mentioned in the book are great for people who don't know where to begin!

This book combines fine storytelling with sound financial advice, which is one of the most fascinating aspects of it. The book draws inspiration from the ancient city of Babylon, which used to be the wealthiest city in its time. The people in Babylon used to be clever and wealthy financiers and merchants.

While digging up the remains of Babylon, archaeologists found clay tablets that had writings that explained how people lived back in the day. It also mentioned rules that the ancient people used to gain control of their finances. These rules or laws applicable six thousand years ago in Babylon can be used even today as the basic principles regarding money don't change.

The best part about this book is that it doesn't have any technical jargon or complex ideas about how to manage your money. What you get are simple and easy to implement rules or habits you can integrate into your life that will benefit you in the long run. Combine that with exciting storytelling, you get an excellent value-for-your-money guide on finance.

All in all, I highly recommend this book!

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Un mensaje directo y simple: Deben aprender a manejar el dinero; ahorrarlo, invertirlo y ser inteligente usandolo. Por medio de sus historias siempre se reflejaba el mismo mensaje y me gustó. Práctico para quienes necesitan que alguien conocido, o ellos mismos, entren en conciencia con el uso no correcto en el que usan actualmente el dinero. Recomendable por sus enseñanzas.

بعض الرغبات تظل في حيز الأمنيات حتى تجد من يحولها إلى واقع
فيصبح لها قيمة ومعنى .
من هذه الرغبات ؛ الرغبة في الثراء ،
فإن كان الراغب فرداً من عائلة فقيرة أو متوسطة الحال أو حتى موظف حكومي
فحينها ينظر البعض إلى رغبته تلك على أنها خيالية!
أو يمكن تحقيقها فقط بأن يتحول إلى لص، أو أن تهبط عليه ثروة من السماء !
وكأن طرق الثراء الحلال انقطعت أسبابها !

بهذا الكتاب يشرح المؤلف لمن استحوذت عليه تلك الرغبة فسعى مثابراً لأن يكونها؛
كيفية تحويلها إلى واقع ملموس ، بأسلوب قصصيّ استرسلت الأحداث
لتحوّل العقل الاستهلاكيّ إلى عقل استثماري ..
خطوة خطوة عن طريق خطة عمل اهتم المؤلف بجميع تفاصيلها من محفزات أو معوقات ..

فقط مأخذي الوحيد على الباب المعنون بـ
(تاجر الجواهر في بابل)
حيث اختلط فيه الحابل بالنابل ..
لأن المؤلف غير مسلم لم يأبه باختلاط المعاملات المالية من قرض ،رهن ، شراكة.
أما الإسلام فيفصل بين هذه المعاملات؛ إذ لكل منها طريقة وحكم .

جذبني بالكتاب طريقة التخلص من الديون المتراكمة ،
طريقة سأعمل بإذن الله على شرحها لكل من شكى إليّ من تراكم همّ الدين عليه .

أول كتاب في الاقتصاد وإدارة الأموال أقرؤه
الفكرة جديدة عليّ

كتاب ممتع
والأسلوب قصصي مثير نوعًا ما
يحكي الكاتب الفكرة بتوسع ثم يعيد في خاتمة كل فصل الفكرة في جمل قصيرة تلخصها

أجمل فكرة في الكتاب بالنسبة لي هي تخصيص عشر الدخل دون إنفاق أبدًا وتوزيع بقية الدخل على مصروفات الحياة الضرورية.. هكذا بعد فترة سيصبح للإنسان مورد مالي ثابت يحتاج لتنميته بمغامرة ما :)
أو إنفاقه على كمالياته أو أمنياته..

أيضًا في الكتاب دعوة للإنفاق في وجوه الخير والإحسان..

شكرًا لمن أعارتني الكتاب
:)

My youngest uncle, who was only a few years older than me, recommended this book. He has since passed away.

The Richest Man in Babylon by George S. Clason offers timeless financial wisdom through simple stories set in ancient Babylon.

I bought and read it right away many years ago.