Written more than a century ago-The Richest Man In Babylon-is one of the greatest financial books of all time.
In language as simple as that of the Bible, this book provides many timeless lessons about spending, saving, and investing to build wealth that are as applicable today as when it was first written. The book is set in ancient Babylon, and follows the story of Arkad, the richest man in all of Babylon, imparting his wisdom to a younger man, Bansir, who wishes to become wealthy.
It lays out the basics of personal finance – spend less than you earn, save 10% of your income, and invest wisely – in an engaging parable format (stories told to teach a lesson). The book teaches that if you follows these basic lessons, work hard, and continue improving your skills, you can build future wealth through passive streams of income.
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