The richest man

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The Book, is a series of financial parables. These stories are set in ancient Babylon and relate the story of a Babylonian regular person who used some basic financial sense and built up a great deal of wealth. Each story has a concrete point or two that becomes apparent from reading and digesting the message. These points are basic tenets of how to get ahead financially in any time, not just in Babylonian times or in the 1920's. I will be reviewing the key financial lessons mentioned in the book. The Man Who Desired Gold, The first of many lessons is conveyed in the dialogue between Kobbi and Bansir. Simply making money and attaining wealth are two different things. If making money is your desire, and you put forth all your effort to do so, that is what you will do. However, if a passive income is desired, money that makes itself and continues to accumulate in your purse (or account), then that is what you must pursue. The Richest Man in Babylon, Three important concepts on attaining wealth are outlined here. First, is the concept of living below your means. If you spend what you ma...

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