Seven cures for a lean purse, told as Babylonian parables. The setting is set dressing; the content is compound interest, living below your means, and only taking money advice from people who have actually made some.
Library
The Richest Man in Babylon
Read · February 2023
Thoughts
Financial advice dressed in robes, and it works, because stories do the remembering for you. 'A part of all you earn is yours to keep' is the entire personal-finance canon compressed into one sentence, delivered by a character who has been dead for four thousand years.
Learned
- A part of all you earn is yours to keep. Pay yourself before the bills get a vote.
- Gold comes gladly to those who keep it, and multiplies for those who put it to work. Everything else is commentary.
- Wealth is built on boring repetition: the same small surplus, directed, every single month.