The Richest Man in Babylon

A global bestseller that has held the top spots in lists of the best books on financial management for a hundred years.

Simple and wise parables that have reached us on clay tablets through the sands of time and the dust of centuries will reveal seven fundamental laws of handling money that every person who wants financial success must know.

Babylon became the richest city in the ancient world thanks to its people. They knew the value of money. Practicing sensible financial principles, they saved money, kept it, and did everything to make even more money. Today, the same laws govern money as six thousand years ago, when Babylon’s glory thundered.

These laws are simple:
— Systematically set money aside (“Spend nine-tenths of your earnings, and always save the remaining one-tenth”).

— Control expenses and plan your budget wisely (“What would a donkey load itself with? Hay and straw, not gold bars”).

— Invest (“Make every coin work”).

— Calculate risks (“The greatest mistake is to trust a bricklayer to buy gemstones”).

— Buy on credit, not rent real estate (“A person enjoys eating figs from their own trees”).

— Secure an income in old age (“Take care of your needs and protect your family in advance”).

— Keep learning something new (“Learn and get smarter, improve your skills, and behave in a way that you can respect yourself”).