GEORGE S. CLASON

• A part of all you earn is yours to keep.
• Men of action are favored by the goddess of good luck.
• Better a little caution than a great regret.
• We cannot afford to be without adequa...

• Arkad recommends planning for retirement in advance to ensure your treasures and protect your family. Naturally, having a savings account or retirement pension with a lot of money saved up is great.
• But you can also rent out the properties that you bought earlier in life. Either way,...

Dabasir was sold as a slave and was trained as a camel tender. One of his master’s wives, Sira, asks him if he has the soul of a free man or slave. After a while, he realizes he wants to repay his debts, so she helps to free him.

He works so hard to pay off his debts using a precise budget....

• On to the subject of thrift - when you have extra money, it’s tempting to splurge and buy fancy things. But don’t! Make sure to live within your means and only take on necessary expenses.
• Arkad says: “What we call ‘necessary expenses’ will always grow to equal our incomes unless ...

• Arkad warns us that there is no way to make massive amounts of money overnight. Instead, it takes time, effort, and knowledge.
• And when you are ready to invest, make sure to start small. You need to learn to secure smaller amounts u...

• Don’t get into debt.
• Don’t help people in ways that mean you take on their financial burdens.
• Don’t lend money to others without taking some guarantee of repayment.
• Don’t forget ...

1. When you save part of your income (even if you have a low income), it helps you build up your wealth.
2. When you invest your money, it will multiply so you have more of it.
3. Leverage the advice of financial experts if you need to when investing your money for more security.
...

Gold lender Mathon’s advice on lending ,

When lending, only lend to those you trust, who are knowledgeable in their field and have the means to repay. If possible, you should even consider taking some collateral worth the value of the loan. This winning combination of factors ensures you’ll...

• Now that you have some money set aside, it’s time to put it to work. When you invest your cash, it can reproduce and bring you a steady stream of income and personal wealth!
• Arkad’s philosophy is that “you make your gold have children, who can then also work for you.”

• Arkad tells us that “every man should own the roof that sheltereth him and his.” That’s because it can reduce your cost of living and make more money available for your desires.
• Instead of just throwing your money away on rent, you’ll be building equity in an investment. And...

Babylon is under attack, and the citizens are afraid. The guard assures them all the walls will hold, as they are strong and fortified.

Babylon does survive the attack, and Clason uses this to illustrate that we need financial security throughout life. You never know when you’ll be under at...

If you’re not in debt:

• Set aside 10% of your income before anything else; and
• Live on the 90% that’s left.

If you are in debt:

• Set aside 10% of your income before anything else;
• Repay your creditors with 20%; and
• Live on the 70% that’s lef...

Sharru Nada was a slave working for a baker, where he made extra pastries and shared the money with his master. He wanted to work hard so he could buy back his freedom.

Unfortunately, his master gambled all his money, so Sharru was sold again and almost condemned to a hard labor life before...

• Make a list of all your outgoing expenses.
• Think very carefully about what’s strictly necessary and what’s just a luxury.
• Cut back on things you can live without.
• Be very wary of developing expensive habits.

• Set aside 10% of your income for you!
• You can use that other 90% to pay bills and other expenses. But that 10% is specifically for you to save and invest later on.
• It seems small at first, but gradually, you’ll start to have a good amount set aside.

• Want to earn more? Develop your mindset and your skills! The more wisdom you have, the more you can earn.
• Choose knowledge over gold — a bag of books over bag of money.
• Doing all of these things can help you become a better investor and incr...