The book is a great guide for financial planning and also can be used as a reference to learn the art of earning money regularly.
Hailed as one of the best books on money-making ever written, The Richest Man in Babylon is a great book penned down by George S. Clason. The book was published in 1926. Despite being an old book talking about preserving and making money, one cannot term the book to be outdated even in today’s time.
The book is a more like a collection of short stories from the time of Babylon. Each chapter covers a different aspect of financial knowledge that occurs between different characters mostly in the form of conversation. The writer gives various examples of how people lacked the knowledge of money. He also talks about why a normal person fails to earn and save money. More importantly, he gives various tips and tricks to combat this major issue. The failure to earn money and solutions for the same is the spine of the book.
The writer portrays the condition of Babylon through words very clearly. It is not hard for the reader to imagine how wealthy and powerful the Babylonian empire was. One can easily picture the slavery system that was practiced then and the huge gap that was present between the elite and the lower class. The writer draws various similarities between the present time and the Babylonian era. One such connection that he talks about is how the people from nearby lands come to Babylon hoping to make it big in the land full of riches and opportunities and end up failing at it. It is resemblance of the condition of modern day cities.
Personally, I found the book to be interesting on different fronts apart from just the financial part. The book has these small tales written in utterly simple language which gave me a taste of childhood just like reading all those fairytales and stories. The use of Latin words like “thou”, “thy”, “doth” intrigued me adding to the feel of reading a book based on ancient times. Also, the book uses phrases like “The Laws of Gold” and “seven cures for a lean purse” which sound a bit attractive and added to my excitement.
The one big reason why I would recommend people to read this book is that the book is very generic. The issues that are mentioned in the book are experienced by everyone which make it a must read. Also, the simplicity with which these issues and solutions have been given make it very easy for people from any background to grasp what the writer is trying to say. Above all, earning money and managing finances is an art everyone wants to learn and this book can exactly what you need.
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Karan Singhania
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