The Richest Man in Babylon is a classic that leans on the ancient paraboles of Babylon to teach its readers about personal finance. It touches on the subjects of income streams, financial planning, and personal wealth in a light, easy-to-read book.
Favorite Quotes:
“Learning was of two kinds: the one being the things we learned and knew, and the other being the training that taught us how to find out what we did not know?”
“Will power is but the unflinching purpose to carry the task you set for yourself to fulfillment.”
“As for time, all men have it in abundance.”
“Proper preparation is the key to our success. Our acts can be no wiser than our thoughts. Our thinking can be no wiser than our understanding.”
“A part of all you earn is yours to keep.”
“Wealth, like a tree, grows from a tiny seed. The first copper you save is the seed from which your tree of wealth shall grow. The sooner you plant that seed the sooner shall the tree grow. And the more faithfully you nourish and water that tree with consistent savings, the sooner may you bask in contentment beneath its shade.”
“The man who became of his understanding of the laws of wealth, acquireth a growing surplus, should give thought to those future days. He should plan certain investments or provisions that may endure safely for many years, yet will be available when the time arrives which he has so wisely anticipated.”
“Better a little caution than a great regret.”
