4. Guard your treasures from loss........ 'Guard your treasure from loss by investing only where your prinicipal is safe, where it may be reclaimed if desirable, and where you will not fail to collect a fair rental. Consult with wise men. Secure the advice of those experienced in the profitable handling of gold(money). Let their wisdom protect your treasure from unsafe investments.'5. Make of your dwelling a profitable investment......... 'Own your own home.'6. Insure a future income.......... 'Provide in advance for the needs of your growing age and the protection of your family.'

Seven Cures For A Lean Purse (Continue)..

1. Thee - you2. Thy - your3. Mayest - may4. Thou - you5. Hast - have6. Thyself - yourself 7. Earneth - earn8. Satisfieth - satisfy9. Thine - yours

New Words 

There are two kinds of learning:1. Being the things we learn and knew.2. The training that taught us how to find out what we did not know

7. Increase your ability to earn..... 'Cultivate your own powers, to study and become wiser, to become more skillful, to so act as to respect yourself.'

Seven Cures For A Lean Purse

1. Advice is one thing that is freely given away, but watch that you take only what is worth having....., seek advice from those who were competent through their own experiences to give it...2.Dont eat the children of your savings......,First get you an army of golden slaves and then many a rich banquet may you enjoy without regret.3. Learn to make your treasure work for you. Make it your slave. Make its children and it's children's children work for you.4. A small return and a safe one is far more desirable than risk.5. Enjoy life while you are here.Do not overstrain or try to save too much.

Lessons Learnt(Part 1):

1. Start your purse to flatenning,........... 'For each ten coins I put in, to spend but nine.'2. Control your expenditures........... 'Budget your expenses that you may have coins to pay for your necessities, to pay for your enjoyments and to gratify your worthwhile desires withour spending more than nine-tenths of your earnings.'3. Make your gold multiply........... 'To put each coin to labouring that it may reproduce its kind even as the flocks of the field and help bring to you income, a stream of wealth that shall flow constantly into your purse.'

It costs nothing to ask wise advice from a good friend

Quote

"wealth is a power. With wealth many things are possible"

" A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn.It can be as much more as you can afford."If you did keep for yourself one-tenth of all you earn, how much would you have in ten years.?

Quote 

The 3 laws of successfully handling wealth are:1. How to acquire money......2. How to keep it.......3. How to use it........

Laws Of Handling Wealth

This is the first book i have started reading for the tips or ideas for money management... Itz really a great book for becoming rich..

In short, The Richest Man in Babylon is a series of the most powerful financial parables ever written. These stories are set in ancient Babylon and relate the story of a Babylonian slave who uses the secrets of the book to become man of great wealth. Each story has a concrete point that becomes apparent from reading and digesting the message. These points are basic tenets of how to become successful in business. This book is perfect if you learn by reading the experiences of others. The entire book is told in a story-like format, so it often goes down much like reading a collection of short stories. The lessons and principles in The Richest Man In Babylon are pretty simple and to the point. The book consists of different stories back in the Babylonian days. The Richest Man in Babylon documented everything he had learned and his progress on clay tablets, which were later found in the 1930's by archaeologists and professors at a university. These professors had then learned of these principles and applied them to their own lives, to also become wealthy and financially abundant.

productivity

Productivity

moneyandinvestments

Money & Investments

books

Books

The Richest Man in the Babylon. This book deals with the personal success of each of us. Success means results coming from our efforts and ability. A good preparation is the key to our success. So keep a part of what you earn with yourself. From the benefits of saving to the essentials of getting rich, this collection of educative Babylonian fables gives you timeless information on how to make money. It guides to getting rich, attracting good fortune and the five golden rules. As a guide to understanding hydro-wealth and a powerhouse has been inspiring readers for generations. You know that Babylon became the richest city of the ancient civilization because it had reserved part of its earnings for the future. Thats why citizens got everything they wanted. How can you always keep your wallet heavy, the author has taught very beautifully on this topic.

George Samuel Clason, also known as George S. Clason. George Samuel Clason was born in Louisiana, Missouri, and died in Napa, California.During his eighty two years he was a soldier, businessman and writer. He served in the United States Army during the Spanish-American War.Clason started two companies, the Clason Map Company of Denver Colorado and the Clason Publishing Company. The Clason Map Company was the first to publish a road atlas of the United States and Canada, and did not survive the Great Depression.George Clason is best known for writing a series of informational pamphlets about being thrifty and how to achieve financial success. He started writing the pamphlets in 1926, using parables that were set in ancient Babylon.

Laws Of Handling Wealth

Similar ideas to Laws Of Handling Wealth

PART 1: WEALTH

Money and Wealth

The Difference Between Wealth And Money