Personal Finance

The Richest Man in Babylon – George Samuel Clason | Yearly Investor [Video]

The Richest Man in Babylon – George Samuel Clason | Yearly Investor

Once upon a time, in ancient Babylon, there was a wealthy man named Arkad. He was, in fact, the wealthiest man in the country. Two of his childhood friends approached him, curious as to how he had become so wealthy while they struggled to feed their families despite working very hard.

Even though this book was written in 1926, it is still very relevant for women who wish to take charge of their finances today. George S. Clason wrote The Richest Man in Babylon, which is considered one of the best personal finance books ever published. You can get all the details by purchasing this book, audiobook, or The Richest Man in Babylon pdf, but this synopsis will give you the basics.

What makes the Babylonians so great, you might wonder, that we should still listen to their advice?

They had one of the richest societies in the world, as Clason relates at the start of the book. The city’s formidable walls, which rose to 320 feet in some areas, defended people from pillaging troops. This allowed them to develop and grow their fortune in peace.

While the stories in this book are clearly fiction, the truths they teach are emotional and powerful. The statements in The Richest Man in Babylon may even alter your life if you follow the advise.

This video will cover learnings from that book.

00:00:00 – Introduction
00:02:12 – How saving and investing wisely is crucial to amassing a fortune
00:06:13 – The key to accumulating wealth: learning through trial and error
00:12:12 – The influence – and uses – of “luck”
00:15:54 – How making sound financial decisions avoids debt
00:19:36 – Time to Invest

#investingforbeginners #investing #personalfinance #richestmaninbabylon#yearlyinvestor

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