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The Law of Financial Success: Large Print Edition

THERE is no idea that seems so much misunderstood as this idea of “Money.” On the one hand we find many people engaged in a mad chase after “money for moneys sake,” and on the other hand, many others who are decrying money as the root of all evil, and severely criticizing the tendency of the age to seek money actively. Both of these classes of people are wrong—they are occupying the opposite sides of the road of reason, whereas truth is found here, as always, “in the middle of the road.” The man who seeks money at a thing of value in itself—the man who worships money as a very god— such a man is a fool, for he is mistaking the symbol for the reality. And, likewise, the man who decries the pursuit and desire for money as a foul, evil thing—he who would make of money a devil—this man is likewise a fool. The wise man is he who sees money as a symbol of something else behind, and who is not deluded by mistaking the shadow for the substance, either for good or evil. The wise man makes neither a god nor a devil of money—he sees it as a symbol of almost everything that man may obtain from the outside world, and he respects it as such. He sees, while it is true that avarice and greed are detestable and hurtful qualities of mind, still the lack of the proper desire for, and striving after money, makes of man a creature devoid of all that makes life worth the living. When the sane man desires money, he really desires the many things that money will purchase. Money is the symbol of nearly everything that is necessary for man’s wellbeing and happiness. With it he opens the door to all sorts of opportunities, and without it he can accomplish practically nothing, Money is the tool with which man may carve many beautiful things, and without the aid of which he is helpless. Money is but the concentrated essence of things desired, created and established by society in its present stage of development. There have been times in which there was no money—there may be times coming in which the race will have passed beyond the need of money as the symbol of exchange and possession—but, be this as it may, the fact remains that now, right here in the beginning of the Twentieth Century, there in nothing that is so necessary for man’s well-being and content as this much-abused money. Remember this, first, last and all the tune, that when I say, “man needs money,” I mean that he needs the many things that money will purchase for him. And for one to decry the desire for money is for him to decry the desire for nearly all the good and desirable things of life. As a recent writer has “Unless a man acquires money, then shall he not eat; nor be clothed; nor have shelter; nor books; nor music; nor anything else that makes life worth living for one who thinks and feels.” I hold that in the present stage of evolution of man, money is to mankind what air, water, sunshine and mother-earth are to the plant—it is nourishment. And, as in the plant, the desire for nourishment is a natural and worthy instinct, so is the desire for this financial nourishment in man a perfectly natural and worthy instinct—it is the working of the same natural law. And, mark you this, that as the desire of the plant is a natural indication of the existence of the nourishment-need, so is this desire in the breast of man a certain indication of the possibility of its satisfaction and attainment, if natural laws are but followed. Nature is no mocker—it causes no desire to spring up in a living thing, unless it also endows that living thing with the faculties and powers to attain that which it craves. A realization of this great natural law will do many of my readers much good just now.

142 pages, Paperback

First published January 1, 1907

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Edward E. Beals

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5 stars
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Displaying 1 - 4 of 4 reviews
Profile Image for David Geschke.
Author 6 books20 followers
May 14, 2013
Not the best book of this genre I've ever read, I can think of many other titles I'd read over this one, but I gave it three stars as I was able to make it all the way through without losing interest at least. No real "aha" moments at all, but solid advice throughout. In a nutshell, here's several books I'd choose over this one w/similar content:

"Think & Grow Rich" - Napoleon Hill
"You Were Born Rich" - Bob Proctor
"Secrets of the Millionaire Mind" - T Harv Eker
"Rich Dad, Poor Dad" - Robert Kiyosaki
"The Trick To Money is Having Some" - Stuart Wilde
"You, too, can be Prosperous" - Robert A Russell
"The Richest Man in Babylon" - George S Clason
"Financial Peace" - Dave Ramsey

"The Law of Financial Success" is a short, easy read, but if you're looking to read a book on money, I'd start with any of the ones above over this.
Profile Image for Jim Brown.
197 reviews33 followers
December 10, 2018
I discovered this book while reading another book written during the same period 1890 – 1915.

I have been fascinated by the books of this era like those written by Orison Swett Marden, Wallace C. Wattles and now Edward Beals. What is amazing and disturbing is that like this book written in 1907, the information one would ever need to insure his or her success has been available and for the most part hidden for over 100 years. Why?

It is my opinion that the natural progress of America, a general lack of time management taught and applied and a general ignorance that the very information people need to become successful has already been written and is readily available. The smart phone can be both a distraction and a valuable source of information. Unfortunately it has become more of a distraction. If you are like me and attended public schools in America NONE OF THE INSTRUCTIONS CONTAINED IN THIS AND OTHER BOOKS OF THIS ERA WERE EVER TAUGHT, RECOMMENDED OR REFERRED TO – NONE! It’s enough to make you angry. This particular book was published decades BEFORE the book The Secret was published yet it contains a great of the content in The Secret; just better written in my opinion.

About this book. It is NOT what the title implies. It IS about developing the proper mindset that leads the reader to The Law of Financial Success. It is NOT a HOW TO book. It’s about putting the important personal mindsets in place to concentrate on the several personal traits that if done will NOT necessarily lead to financial success but will lead the reader to achieving any goal or dream desired INCLUDING FINANCIAL SUCCESS.

Here is the keeper. The book costs only $1.50 on Amazon.com as a Kindle Version. How could you go wrong spending just $1.50 on a book that is truly priceless? You wouldn’t and you shouldn’t! READ IT! PASS IT ALONG! GIVE IT TO YOUR KIDS – ESPECAILLY YOUR KIDS.

Who should read it? Everyone who wants to achieve their dreams and that goes especially for teenagers who may not yet have even identified what their dreams are or could be.

Would I read it again? Probably not but only because the information is more appropriate for someone much younger than I am.

Would I give the book as a gift? Absolutely but in all honesty, such gifts so typically do not receive their due diligence when they are “just gifts” unless of course the recipient values the opinion and direction of the person making the gift.
36 reviews
November 5, 2025
Good sdvive


She old, good solid advice. Great examples supplied with details which can be used by snyone. I highly recommend this book.
Displaying 1 - 4 of 4 reviews