personal finance

Through several records, historians have learned that the ancient Babylonians were astute financiers and traders. These records also demonstrate some of the principles of wealth accumulation and management for which the Babylonians became widely known. The Babylonians followed the discipline of setting aside at least one-tenth of their income

Save 10% of Your Income No matter how little you currently have saved or how small your paychecks are, you must cultivate a discipline to regularly set aside at least 10% of your income and invest it, so it will grow and bring you prosperity for years to come. It’

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

Things to Keep in Mind While Lending Money Here are some rules on how to lend money to others: 1. If you wish to help out a friend, you must do so in a way that won’t bring their burdens upon you. And so, never lend your money to

The Five Laws of Gold The five laws of gold are as follows: 1. Gold comes easily and in increasing quantity to the person who saves at least 1/10th of their earnings. 2. Gold labors diligently and multiplies for the person who finds it profitable employment. 3. Gold clings

Seven Cures for a Lean Purse Here are the seven Babylonian principles for wealth management you must start practicing: 1. Begin to fatten your purse 2. Control your expenses 3. Grow your savings 4. Guard your wealth against losses 5. Become a homeowner 6. Save money for the future 7.

Welcome to Ancient Babylon Babylon is widely considered a wonderful example of the ability of man to achieve incredible accomplishments, using whatever resources are at his disposal. Money is the medium by which earthly success is measured. Money makes possible the enjoyment of the best the earth affords. Money is

Key Message When you work hard, seize opportunities bravely, live within your means, save a certain portion of your income every month and invest it wisely, over time you will become wealthy. Introduction Money management and investing are skills anyone can learn no matter their background, profession, age, gender, or

The Richest Man in Babylon, written by George S. Clason, is a compilation of pamphlets providing financial advice that were distributed by banks and insurance companies in the 1920s. The book, termed as an essential guide to financial understanding, presents timeless principles for managing money, increasing wealth, and protecting assets