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Men of action are favoured by the goddess of good luck
To attract good luck to oneself, it is necessary to take advantage of opportunities
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1. Money comes gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.
2. Money labours diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
3. Gold clings to the protection of the cautions owner who invests it under the advice of men wise in its handling.
4. Gold slips away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.
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5. Money flees the man who would force it to impossible earnings or who follows the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
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Lessons learnt
1. If you desire to help your friend, do so in a way that will not bring your friend's burdens upon yourself.
2. The wise lender wishes not the risk of the undertaking but the guarantee of safe payment.
3. Money wisely lent may even double itself with its earnings before a man like you grows old.
4. Better a little caution than a great regret.
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1. Your debts are your enemies.
2. Where the determination is, the way can be found.
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1. 10% of what you earn shall be set aside as your own to keep.
2. 70% of what you earn shall be used to provide a home, clothes to wear, and food to eat, with a bit extra to spend, that your lives be not lacking in pleasure anf and enjoyment.
3. 20% of what you earn shall be divided honorably and fairly among those to whom you are indebted.
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Remember..... Work well done does good to the man who does it.....
No work to do is bad for any man.......
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IDEAS CURATED BY
CURATOR'S NOTE
This was a great book about money management for a person in any stage of his life.....
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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:
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Sreehari Pk's Key Ideas from The Richest Man in Babylon
George Samuel Clason
1 idea
Jo Savva's Key Ideas from The Richest Man In Babylon
George S. Clason
2 ideas
Prashad S P's Key Ideas from The Richest Man In Babylon
George S. Clason
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