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

By
Real Estate Agent with Keller Williams Realty, Inc., Broker Associate

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!

Joseph D. Federico
MVP Realty - Naples, FL
Southwest Florida Homes with Joe Federico

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

 

Oct 26, 2008 12:44 AM
Laurie Logan
Keller Williams Realty, Inc., Broker Associate - Madison, WI
South Central WI Real Estate

*Joseph - pick this one up!  it is a quick read and is definitely worth your time!   Laurie

Oct 26, 2008 01:57 AM
Jim Frimmer
HomeSmart Realty West - San Diego, CA
Realtor & CDPE, Mission Valley specialist

I read it when it first came out. It's a very good book. Still relevant. Probably always will be.

Oct 29, 2008 11:05 PM
Michele Reneau
Certified Staging Professional (CSP) Elite Instructor - Summerville, SC
Realtor, GRI ~ Charleston, SC Relocation Experts Team

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.

Oct 31, 2008 08:40 AM
Tanya Venable
Orlando, FL
SEO, Mobile SEO, and Internet Marketing Consultant

Laurie, thanks for posting about it! Sounds like a good read. I'm adding it to my list.

Nov 01, 2008 04:40 AM