One of my favorite books on finances is The Richest Man in Babylon, which shares the Principles to Riches. I’m not sure how I was first introduced to this book, but I will say that I am forever grateful.
This book is a short read and uses parables to talk about the 7 laws to become rich.
I won’t spoil the details by sharing them here because I highly recommend reading or listening to it as soon as possible.
I have chosen only to highlight the seven laws to ignite curiosity for you to investigate each law in greater detail. The author George S. Clanson truly depicts the true meaning of artistry in his literature, and I don’t want to risk diluting such a treasure.
Law #1
Take 10% of your earnings for your savings (pay yourself first).
Law #2
Make a budget
(Check out my podcast episode on How to Budget–> Click Here)
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Law #3
Invest your money
(Be sure to check out my blog, 16 Lessons to Invest Successfully )
Law #4
Trust your money with experienced people.
Law #5
Own your home
Law #6
Establish a retirement fund and Life Insurance Policy
Download The Ultimate Guide to Life Insurance
Law #7
Gain Knowledge and Skills
Please keep in mind that this book is, on average, $10. If you currently don’t have $10 to invest, you definitely need to run to your local library and check it out ASAP!
(Listen to my podcast episode, 9 Ways to Become An Expert in Your Field).
Which law do you plan to start with first?
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