February 18, 2016
The Richest Man in Babylon is my favorite finance book of all time, hands down. It’s a fun/light read and I’ve already read it a couple times – I plan to revisit it periodically in the future because it’s such an entertaining way to cover all the timeless principles of building wealth. I highly recommend you read it if you haven’t already.
George Samuel Clason did a fantastic job of creating relatable analogies within his parables that were assembled to make up The Richest Man in Babylon. Starting with his description of how a once barren valley was transformed into the opulent city of Babylon due to the determination and hard work of the Babylonians, it’s clear that the overarching message is that lifelong riches are rarely stumbled across, won in the lottery, or a product of birth – they’re earned through hard work and smart decision making as a result of a few timeless finance principles. Seen through the ups and downs of a handful of Babylonian characters, Clason illustrates that no one is inherently born with the knowledge of generating, saving, and investing wealth; instead, he shows that we’re all capable of learning these key principles of finance and applying them to our own lives to become rich.
March 31, 2016