Step into ancient Babylon, where the secrets of wealth await you!You'll meet Arkad, Babylon's richest man, who started with nothing but determination. His journey taught him "laws" that anyone can follow, even 6000 years later: save at least one-tenth of your earnings, seek advice from true experts, and put your money to work through wise investments. Arkad will teach you that wealth isn't about luck - it's about consistent habits and preparation. And to apply these laws, Arkad gives us...
Fix Your Empty Wallet
Listen, we've all been there - empty wallet syndrome! Arkad, our richest man in Babylon, had students with the same problem. Scribes, butchers, egg sellers - all broke, all wondering why.Arkad's first wallet-fixing trick? Super basic but totally works. Take 10 coins, spend 9, keep 1. That's it! Just save 10% of whatever you make. And just so you know, you won't even notice that 10%. Arkad still bought what he needed AND had fun. Even better - money started...
Get Rich, Stay Rich
Nice job setting aside that tenth of your earnings! But keeping money in a purse is like having a talented employee sitting idle all day - wasted potential! The real magic happens when your money starts making more money on its own. Arkad's third cure!Arkad started by lending to Aggar, a shield maker who needed cash for bronze shipments. Then, Arkad reinvested his returns, creating a snowball effect. "My humble earnings begot golden slaves, each earning more gold," he explains....
Home and Future
Arkad's fifth cure hits close to home. Literally! "Own thy own home," he tells his eager students. But why? First off, rent is basically money thrown to the wind. You pay month after month, and what do you have to show for it? Nothing. Zero. Zilch. Meanwhile, your landlord gets richer. If you spend eight years paying $1,500 monthly rent, that's $144,000 gone forever. Had you bought a home, you'd be building equity - actual wealth - with each payment.Besides,...
Arkad's Final Cure for Empty Pockets
Now, you want more money in your pocket? Stop looking at your wallet and start looking at yourself! You now have six financial remedies, and Arkad has finally dropped his ultimate cure – the secret isn't managing money, it's becoming more valuable yourself.Arkad shares a story about a young man seeking a loan because his earnings couldn't cover expenses. Rather than lending money, Arkad asked what he was doing to increase his earning capacity. The man's response? He'd asked for...
The Action Connection
Is succeeding at these principles good luck? Just a random chance, or can ‘luck’ be deliberately attracted?Here are some stories to help you decide.An elderly merchant missed an investment opportunity in favour of buying new robes from Eastern traders. If he committed that tenth of his income to the investment, he would have to delay these pleasures. He procrastinated until the opportunity vanished, missing out on substantial profits. This still happens, btw. Someone considers investing part of their salary in...
How Arkad's Son Mastered the Laws
Arkad gave his son Nomasir two gifts: a bag of gold and a clay tablet engraved with five laws of managing wealth. Then he sent him out into the world to prove he could handle an inheritance.Like most of us, Nomasir focused on the gold and tucked that tablet away for "later reading." It cost him dearly. First, he fell for a get-rich-quick scheme. Then he entered a business partnership where he contributed all the capital. Broke and desperate, he...
Cautious Lending
That gold in your pocket? It's whispering responsibilities you never knew existed. Just ask Rodan, who suddenly found himself with fifty gold pieces and family members appearing from thin air asking for "help."Mathon says "Gold brings responsibility and a changed position with your fellow humans." Translation? Money makes you popular -for all the wrong reasons.When Rodan's sister wants him to fund her husband's merchant dreams, Mathon shared a crucial lesson through the tale of an ox and ass. The ox...
Standing Strong
Old Banzar stood guard at the walls of Babylon when the city faced the mighty Assyrian forces with limited defenders. Banzar repeated the same steady affirmation: "The walls of Babylon will protect you."For over three weeks, the assault continued. Finally, after twenty-six days of relentless attack, the Assyrians retreated. The walls had held!Here lies your powerful lesson about protection. Those walls weren't built in a moment of crisis; they were constructed decades earlier precisely for times like these. In our...
Summary
The principles of Babylon aren't complicated. They're simple, tried-and-tested, and not that impossible to follow. All you need is the determination to follow it! So forge your wealth now. Make the choice right now to incorporate these habits into your lifestyle and then let the magic of Babylon take you to the peaks!
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About the Author
George S. Clason (1874–1957) was an American author best known for the personal finance classic The Richest Man in Babylon. A soldier, businessman, and writer, he was born in Missouri, served in the Spanish-American War, and later founded the Clason Map Company in Denver, which published the first road atlas of the U.S. and Canada. He is most famous for writing a series of parables in the 1920s, which were originally distributed by banks and insurance companies and later compiled into his famous book.
More on: https://en.wikipedia.org/wiki/George_Samuel_Clason
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