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The Richest Man in Babylon [Mass Market Paperback]

George Clason , Margaret Drabble
4.8 out of 5 stars  See all reviews (234 customer reviews)
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Book Description

Feb. 4 2014
Beloved by millions, this timeless classic holds the key to all you desire and everything you wish to accomplish. This is the book that reveals the secret to personal wealth.
 
The Success Secrets of the Ancients—
An Assured Road to Happiness and Prosperity
 
Countless readers have been helped by the famous “Babylonian parables,” hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth. In language as simple as that found in the Bible, these fascinating and informative stories set you on a sure path to prosperity and its accompanying joys. Acclaimed as a modern-day classic, this celebrated bestseller offers an understanding of—and a solution to—your personal financial problems that will guide you through a lifetime. This is the book that holds the secrets to keeping your money—and making more.
 
The Richest Man in Babylon
Read it and recommend it to loved ones—
and get on the road to riches.

MORE THAN TWO MILLION BOOKS SOLD

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The Richest Man in Babylon + Think and Grow Rich
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Review

"What can a book written in the 1920s tell modern investors about their finances? A whole lot if it's George Clason's delightful set of parables that explain the basics of money. This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investor." -Los Angeles Times

About the Author

George Samuel Clason was born in Louisiana, Missouri, on November 7th, 1874. He attended the University of Nebraska and served in the United States Army during the Spanish-American War. A successful businessman, he founded the Clason Map Company of Denver, Colorado and published the first road atlas of the United States and Canada. In 1926, he issued the first of a famous series of pamphlets on thrift and financial success, using parables set in ancient Babylon to make each of his points. These were distributed in large quantities by banks and insurance companies and became familiar to millions, the most famous being “The Richest Man in Babylon,” the parable from which the present volume takes its title. These “Babylonian parables” have become a modern inspirational classic.

Inside This Book (Learn More)
First Sentence
Bansir, the chariot builder of Babylon, was thoroughly discouraged. Read the first page
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Front Cover | Copyright | Table of Contents | Excerpt | Back Cover
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Customer Reviews

Most helpful customer reviews
11 of 11 people found the following review helpful
Format:Mass Market Paperback
This book is great for people who tend to make a decent amount of money but foolishly squander it. It is written in some older English, but it is not too difficult to follow since the stories are easy reads. It mainly talks about ten key ideas.
1. Save 10% of what you earn
2. Don't get involved in investments that you do not understand or don't invest in someone else' idea unless it is in the area of their expertise
3. Don't gamble or get involved with quick rich campaigns
4. Focus your energies on improving what you do so that you can increase your earnings
5. Be true to your word - pay back debts and build relationships
6. Invest wisely - mainly invest in your area of expertise or with a good friend in his or her area of expertise
7. Be decisive - don't take too much time in deciding an investment is right. If you wait too long, the opportunity may be gone. This is a fine line because you don't want to rush in either.
8. Invest in yourself so that you can improve your skills in the future
9. Be a person of action - luck comes along with hard work
10. Have a strong determination that you will succeed.
The book was a very quick read - I read it in about hour or so. Much of it was a bit repetitive - I guess it helps to ensure that you got the points. Honestly, I thought I would get a lot more out of this book. I already knew of most of ideas, and in the places where I could use some help like being decisive it did not give me suggestions to improve in that area. I guess it will just take some more practice on my part. I would suggest stopping by your local library to pick up this book. If you like it enough, go out and get it and add to your collection.
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8 of 8 people found the following review helpful
Format:Mass Market Paperback
This book is an absolute must read for anyone wanting to increase their financial intelligence. Although, many of the ideas in the book arewhat some people would call "common sense", it is the delivery of these ideas which make this book a gem. Every financial principle that this book presents is encased in a fable and repeated more numerous times. It is the presentation of the principles which truely allow people to internalize them and apply them in their everyday lives!
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2 of 2 people found the following review helpful
5.0 out of 5 stars A Lean Purse is Easier to Cure than To Endure Sept. 11 2002
Format:Mass Market Paperback
My title is a maxim that Clason wrote in the inside title page of this book.
This is truly my favorite book on how to handle money in your life! Clason uses the language of the King James Version of the Bible (although this book is not at all biblical) to create anecdotes set in ancient Babylon that tell you (the modern-day reader) how to handle your money. The amazing thing is that the advice is not at all outdated. It's right on the mark and shows money knowledge that hardly is taught in school. It's easy to read and understand and highly entertaining. In fact, one of its stories, "The Luckiest Man in Babylon" is almost enough to bring you to tears.
It is shown in this book that when you are in debt, you are a slave to what it is that you agreed to go into debt for and you must pay it off to regain your freedom (are you a five-year slave to a car [or the institution that financed it] like I was?). Look at the state of the nation's economy and you'll see we live in a nation of slaves.
That's why you must get the reverse into action; make money a slave that is working for you.
Many people have heard the popular phrase from this book, "pay yourself first." I highly suggest you read this book first so you can see how you should go about paying yourself first; there is a method to it.
This book is truly a classic and should be required reading for all classes on money or for anyone going into business for oneself. If you're getting into Network Marketing then you've really got to read this book.
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2 of 2 people found the following review helpful
3.0 out of 5 stars Only for the Financially Challenged July 6 2001
By Erdos
Format:Mass Market Paperback
Before reading Clason's The Richest Man in Babylon, I had high expectations. How could I not given the lofty Amazon rating (5 stars strong with many reviewers) and the book jacket's promise as "the book that holds the key to personal wealth"? This book does not disappoint
I would recommend the book because the parables do help describe Clason's points in an engaging way.
To help in your purchase decision, the following is a summary of the book's contents:
(1) Save a portion of your income (Put away X% of your income every paycheck)
(2) Control your expenditures (Don't spend more than you need to)
(3) Invest your money (If you are unable to invest effectively, get someone else to invest your money)
(4) Purchase a home
(5) Increase the amount of money you earn
(6) Protect your wealth against losses
In effect, the book can be summarized by the following statement:
Maximize your wealth inflows (Points: 1, 3, 4, 5) while minimizing your wealth outflows (Points: 2, 6).
If this all seems very basic to you, then this is NOT the book for you. If you scratched your head on one of the above points, I would get the book.
Paul Erdos
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4 of 4 people found the following review helpful
5.0 out of 5 stars A Tried and True Path to Riches Jan. 3 2010
By Ian Robertson TOP 100 REVIEWER
Format:Mass Market Paperback
George Clason's book "The Richest Man in Babylon" should be read by all investors. First published in 1926, the book is a classic, and reminds us that the path to riches is based on some very basic but sound principles rather than on the "New New Thing" (as Michael Lewis chronicles) or the latest hot stock or industry sector (for example technology, commodities, or housing). The prose can be a bit archaic, partly by design as the parables are set in Babylonian times, and partly because it was written almost a century ago. That a book this old still offers sound guidance is in fact one of the important lessons - lessons that should be especially relevant to today's stock market investors, real estate speculators and those financing their lifestyles through home equity lines of credit.

Clason's wisdom is encapsulated in seven lessons: start thy purse to fattening; control thy expenditures; make thy gold multiply; guard thy treasures from loss; make thy dwelling a profitable investment; insure a future income; and increase thy ability to earn. Each lesson is covered through anecdotes and parables, and the book's short length makes it an easy read over one or two sittings. Others have provided similar guidance over the years, perhaps none so well as Canadian author David Chilton with his "The Wealthy Barber: The Common Sense Guide to Successful Financial Planning" book. Chilton covers a broader range of topics (e.g. life insurance) over more pages and in a more contemporary fashion, but his basic message is still the same.
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Most recent customer reviews
5.0 out of 5 stars A great read
A book everyone should read, a great book to be part so the school material . I did like this version of the book .
Published 2 months ago by annette hubley
5.0 out of 5 stars Excellent
This book was easy to read and to the point. Value packed in a few pages worth more than a bundle of books put together. Read more
Published 2 months ago by Canadian
5.0 out of 5 stars A 10
Anyone who has dreasms of becoming wealthy, this audio book is the first step.
You need to understand the history of money and how it actually works to be able to handle it... Read more
Published 4 months ago by Marcy Winkler
4.0 out of 5 stars Money Management at Its best
This book is a practical lesson in managing your money and your life (period)
Don't think there is anything else I can say.
Published 4 months ago by O. Stephen Peart
2.0 out of 5 stars Much too simple
I picked up this book after seeing the 5 star rating and reading some of the reviews. Complete disappointment. Read more
Published 6 months ago by eager reader
5.0 out of 5 stars Amazing
Stories are simple but really catch your attention. I bought this on impulse but could not put it down. Great book and I will be rereading.
Published 13 months ago by William
5.0 out of 5 stars Excellent book. MUST READ.
This book should be an obligatory read at school and there should be a whole class around personal finance with this book as an introduction. Read more
Published 15 months ago by Gabriel L'heureux
5.0 out of 5 stars Simple and common sense advice that works
The financial advice offered in this book is simple - whenever you get some money, pay yourself first by taking 10% or more of your income and invest it (learn all you can about... Read more
Published on Dec 17 2011 by Laura De Giorgio
5.0 out of 5 stars Impressed
Great book, it was recomended by a friend and I have just started to read it. I am hooked already.
Published on June 29 2011 by Jrparag
3.0 out of 5 stars Quite Basic
Good stuff to know, well written, entergtaining to read but very basic stuff for me.
Published on April 30 2010 by M. Grech
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