The Richest Man in Babylon is a treasure chest of common sense when it comes to figuring out your finances. While it is not a how-to guide to wealth management, some of the simple techniques it teaches will stand you in good stead through the ages.
Written in 1926 by George Clason, this book doles our financial pearls of wisdom through a collection of parables that originated 4,000 years ago in ancient Babylon. While the title may make it seem like the book has Biblical connotations, it is not a religious treatise. However, the tone of the stories may make it sound like Biblical stories. inadvertently lending them more gravitas.
The story is about Arkad, the richest man in Babylon, who shares his seven cures to a lean purse on his kings behest, so that both individuals and society as a whole can reap the benefits of economic growth and prosperity. The financial roadmap is shared through a series of stories that are simple to read and understand and the lessons are abo casy to imbibe The common themes of hard work, discipline and honesty are easy to identify with and also seem convenient to implement.
If you are looking to make a change in your spending habits and want to learn simple tricks to manage your money and start saving even without realising that you are doing it, this book is a must-read.
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