richest man in babylonA friend of mine recently recommended the book:

                   The Richest Man in Babylon,

                                by George S. Clason 

I loved it.  It is a compact read that addresses basic financial points in a very effective manner.

Ironically, real estate agent seem to either be extremely good or extremely bad with finances.  I have ridden that roller coaster myself over the years.  We all have.

This book offers sound simple advice - in a way that really gets through.

The author distills things down to the needed fundamentals.

-invest in yourself (each one of us has the right to keep/save/invest a portion of what we earn)

-only trust your investments to those who are tried and true experts on the subject

-eliminate your debts, but make sure you are paying yourself first, otherwise, you will never get ahead

-do not spend more than you make (no matter what!)

I am grateful to my friend for sharing this one with me. These are lessons we need to keep close to our hearts.  Good luck to you through these tough times.  What some see as challenging, others see as opportunity!

 
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5 Comments on BOOK REVIEW: (We All Need This One!): The Richest Man in Babylon

OCT
26
2008
409,675 Points

Laurie-Thanks for your book review. Just last week somone else also said I should read it.

 
7:44am • #1
111,108 Points

*Joseph - pick this one up!  it is a quick read and is definitely worth your time!   Laurie
8:57am • #2
OCT
30
2008
1,056,534 Points 27 Featured Posts Outside Blog Called Shot Master

I read it when it first came out. It's a very good book. Still relevant. Probably always will be.
6:05am • #3
OCT
31
2008
131,237 Points 2 Featured Posts

I loved this book!! I'm a fan of Dave Ramsey who teaches these principles and think it should be a requirement along with "Millionaire Next Door."  If you like these principles, please join the group, Dave Ramsey fans.
3:40pm • #4
NOV
01
2008
141,052 Points 2 Featured Posts Outside Blog

Laurie, thanks for posting about it! Sounds like a good read. I'm adding it to my list.
11:40am • #5


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Laurie Logan-South Central WI Real Estate

Madison, WI

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Prudential Community Realty, Broker Associate

Address: 2001 West Beltline Hwy #202, Madison, WI, 53713

Office Phone: (608) 268-2832

Cell Phone: (608) 345-5577

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