book summary: the richest man in babylon by george s. clason (part 6)

book summary: the richest man in babylon by george s. clason (part 6)
Photo by Alice Pasqual / Unsplash

Where There’s a Will, There’s a Way

Debts are your enemies and ill fortune will follow any person who thinks more of borrowing than repaying his debts.

They who spend more than they earn will sooner or later encounter trouble and humiliation.

A man with the soul of a free man will seek to be respected and honored in his own city despite his misfortune. He will make sure that all his debts are honorably paid. A man with the soul of a slave, on the other hand, would wallow in self-pity and allow the circumstances to direct his life.

The soul of a free man sees life as a series of problems to be solved and solves them one by one, while the soul of a slave whines and cages itself permanently in the prison of victimhood. And so, the only way to achieve financial success and perennial prosperity is to take on the mantle of the free man’s soul and develop the courage and determination to take extreme ownership of everything in their lives.

No matter what difficulties you encounter on your path to success, you must always adhere to a great truth: Where The Determination Is, The Way Can Be Found.

Timeless Wisdom From Babylonian Clay Tablets

Organizing your debt information and coming up with a plan to pay it off, discussing your situation with your creditors and negotiating with them, practicing self-control to live on only 70% of your earnings, and developing the discipline to maintain the payoff schedule, as well as the savings activity, throughout good times and bad — these steps can indeed help you put an end to your financial woes.

How to Create Your Own Luck

Work is our best and biggest ally in times of adversity and unimaginable distress.

Work, along with practicing self-control and diligently saving money, plays a key role in helping us achieve freedom and financial success for years to come.