The Richest Man in Babylon by George S. Clason offers easy to follow advice for managing one’s finances in parable form. This makes the read really interesting and easier to stay focused. The book talks about the seven cures for a lean purse. These cures include paying yourself first, controlling your expenditures, making your money grow, safeguarding your investments from loss, making your dwelling profitable, insuring your future, and educating oneself.
Tag : book review
Another great read by the author of Thomas J. Stanley, Ph.D., the author of The Millionaire Next Door. I highly recommend this book to the person who wants to get into the millionaire mind set. This book is not for the faint of heart. This book lays out the foundation for building financial success. Hard work, discipline, social skills, and what I consider to be the most important …a supportive spouse.
After reading The Millionaire Next Door, I gained a better understanding of what it takes to accumulate wealth. A lot of research was put into writing this book. This book details many of America’s wealthy and what it took for them to get there. Building wealth is not easy. It takes a lot of hard work, discipline, and sacrifice to get there. If you are looking for a get rich quick scheme, then this book is not for you. I like the honest approach this book takes to building wealth. When you work hard to accumulate all that wealth, you value it more versus being handed the money.
If you want a better understanding of why we engage in certain habits, then this is the book for you. When I didn’t think a book could delve any deeper into the subject of why we develop certain habits, this one did.
Quite an interesting read. I love the upfront and honest approach on how to deal with life. No corny exercises to do or telling yourself you are special. This book isn’t trying to convince a person not to care about anything, but how to prioritize what one cares about. I highly recommend this book if you a need a change in your life.