Some excerpts from the richest man in Babylon

Written by George S. clason this success secrets of the ancients in the world of personal finance opens doors to broad thinking in terms of money acquisition, it's handling and investing it where it grows. This classical helps you to become men of means and lead a happy life.

Here I'll put some excerpts with context, that will instigate you to read this classic-

• To bring your ambitions and desires to fulfillment you must be successful with money -
  People with meager thinking always see money as their enemy, i.e. they think money as in terms of evil. Not realizing that it is the means through which they can acquire whatsoever they want in their life.

• Money is the medium by which earthly success is measured, money makes possible enjoyment of the best the Earth can afford. Money is plentiful for those who understand the simple laws which govern it's acquisition.

• A man's wealth is not in the purse he carries, and fat purse quickly empties if there be no golden stream to refill it. Arkad has an income that constantly keeps his purse full no matter how liberally he spends -
  Arkad was the richest man in all of Babylon, yes he even out shined the king in terms of wealth. Here in this excerpt we come to the conclusion that a man who is poor in his minds can never become rich even if he inherits great wealth from ancestors. Because he does not know how to grow it and do not have a stream of income which can compensate the spendings. You first need the wisdom so that you can enjoy your life and invest the abundant part where you receive the highest return on investment. Always maintain the cash flow this way your wealth increases.

• If you have not acquired more than a bare existence in the years since we were youths, it is because you either have failed to learn the laws that govern the building of wealth, or else you do not observe them -
  You must learn how to acquire wealth and be financially free, speaks Arkad. No matter how educated you are there is always something new to learn. We study everything - science, math, geography, history and what not for more than a decade but forget to learn personal finance. Even though the ultimate reason for studying is to be financially free through taking a job, delivering services, starting a business, etc. So why don't we directly study about money rather than wasting time on not-relevant things.

Part two will be coming soon. Stay tuned.

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