The Richest Man in Babylon - Deepstash

Explore the World's Best Ideas

Join today and uncover 100+ curated journeys from 50+ topics. Unlock access to our mobile app with extensive features.

~GEORGE S. CLASON

"A part of all I earned was mine to keep." -

~GEORGE S. CLASON

38

794 reads

Pay Yourself First

Pay Yourself First

  • The book emphasizes the importance of saving a portion of your income before spending it on other things.
  • Aim to save at least 10% of your earnings and gradually increase that amount over time.

46

806 reads

Live Within Your Means:

Live Within Your Means:

  • Control your expenses and avoid living beyond what you can afford.
  • The book encourages individuals to budget wisely, prioritize needs over wants, and avoid excessive debt.

43

743 reads

Invest Wisely

Invest Wisely

  • The book promotes the idea of investing your savings to generate wealth.
  • Seek out opportunities that offer the potential for long-term returns and educate yourself about various investment options.

37

647 reads

~GEORGE S. CLASON

"Money is plentiful for those who understand the simple laws which govern its acquisition."

~GEORGE S. CLASON

44

671 reads

Make Your Money Work For You

Make Your Money Work For You

  • Instead of working for money throughout your life, the book suggests making your money work for you by investing it intelligently.
  • Compound interest is highlighted as a powerful tool for wealth accumulation.

38

622 reads

Seek Knowledge

Seek Knowledge

  • The book emphasizes the importance of acquiring financial knowledge and learning about money management.
  • Continuously educate yourself about personal finance, investing, and wealth-building strategies.

35

595 reads

 ~TONY ROBBINS

"In my experience, in the long run, you make more by promoting what you want than by preventing what you don't want."

~TONY ROBBINS

43

585 reads

Surround Yourself With Experts

Surround Yourself With Experts

  • Seek advice and guidance from knowledgeable individuals who have achieved financial success.
  • Learn from their experiences and implement their strategies to improve your financial situation.

36

533 reads

Take Calculated Risks

Take Calculated Risks

  • The book encourages individuals to take calculated risks in their financial endeavors.
  • Be willing to step out of your comfort zone and invest in opportunities that have the potential for significant returns.

41

504 reads

 ~ WARREN BUFFETT

"Risk comes from not knowing what you're doing."

~ WARREN BUFFETT

46

580 reads

Avoid Get-Rich-Quick Schemes:

Avoid Get-Rich-Quick Schemes:

  • The book cautions against falling for get-rich-quick schemes or speculative investments promising overnight success.
  • Instead, focus on building wealth steadily and patiently over time.

35

516 reads

Preserve Your Wealth

Preserve Your Wealth

  • Once you've accumulated wealth, take steps to protect and preserve it.
  • Diversify your investments, build an emergency fund, and maintain a balanced approach to financial management.

40

500 reads

Teach Financial Principles

Teach Financial Principles

  • Share your knowledge and financial wisdom with others, particularly your children.
  • Educate them about the importance of saving, investing, and making sound financial decisions.

38

481 reads

- PHILLIP FISCHER

"The stock market is filled with individuals who know the price of everything but the value of nothing."

- PHILLIP FISCHER

41

489 reads

Subscribe

Subscribe

If you liked the above ideas then consider subscribing to my youtube channel (the historylad) where i share content on history and philosophy

https://youtube.com/@thehistorymemer

34

495 reads

IDEAS CURATED BY

Curious about different takes? Check out our The Richest Man in Babylon Summary book page to explore multiple unique summaries written by Deepstash users.

Different Perspectives Curated by Others from The Richest Man in Babylon

Curious about different takes? Check out our book page to explore multiple unique summaries written by Deepstash curators:

Discover Key Ideas from Books on Similar Topics

No Longer Human

5 ideas

No Longer Human

Osamu Dazai

How to Lie with Statistics

12 ideas

Sprint

9 ideas

Sprint

Jake Knapp, John Zeratsky, Braden Kowitz

Read & Learn

20x Faster

without
deepstash

with
deepstash

with

deepstash

Personalized microlearning

100+ Learning Journeys

Access to 200,000+ ideas

Access to the mobile app

Unlimited idea saving

Unlimited history

Unlimited listening to ideas

Downloading & offline access

Supercharge your mind with one idea per day

Enter your email and spend 1 minute every day to learn something new.

Email

I agree to receive email updates