I try to summarize the book ‘The Richest Man in Babylon” by George S Clason. This episode goes through each chapter presenting what the stories the author wrote and its key takeaways.

From having the desire to be wealthy to actually realizing it, there’s a lot that goes on. First you must not think of wealth as evil, or one that only accrues to the few. Think of wealth this way and it will never come to you.

Next, you must start small. An important theme in the book is - a part of all you earn is yours to keep. How much exactly? Well, at least one-tenths. Therefore always limit your expenses to nine-tenths.

Remember the seven cures to a lean purse:

From Mathon we learn that we should always ask questions before investing our money. From Banzar we learn that that protection of investment is important. From Dabasir we learn how to climb out of the debt trap as Mr. Shrewsbury found out. From Sharru Nada we learn how to make work our best friend.

I hope this book and its lessons help you in building your financial future for the better, as it’ll help mine.

Thank you for listening.

If I can improve in any way, please let me know. Also drop your recommendations in the comments!

Hope this helps.

Link to the book [English]: https://amzn.to/3A61vmr

Link to the book [Telugu]: https://amzn.to/3h8zEtp

Link to the book [Tamil]: https://amzn.to/3hbFBpq

Link to the book [Hindi]: https://amzn.to/3hdw40O

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