Thursday, November 4, 2010

Great Financial Advice

Almost 30 years ago I heard a story called The Richest Man in Babylon and it left a lasting impression.  It is a parable about gaining wealth.  Although, I didn't really view it as gaining wealth as much as being about common sense money management.

The story can be summed up in one sentence and it is; a part of all you earn is yours to keep.  The story goes on with rich detail about the lessons learned by a young laborer who wanted to be financially independent.  He was neither greedy nor a cheat.  He simply saved his way to prosperity over a period of time.

I recommend reading The Richest Man in Babylon because it makes great sense.

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