The Richest Man in Babylon (Original Classic Edition)
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Opportunity is a haughty goddess who wastes no time with those who are unprepared.”
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Wealth grows wherever men exert energy,”
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“Which desirest thou the most? Is it the gratification of thy desires of each day, a jewel, a bit of finery, better raiment, more food; things quickly gone and forgotten? Or is it substantial belongings, gold, lands, herds, merchandise, income-bringing investments? The coins thou takest from thy purse bring the first. The coins thou leavest within it will bring the latter.
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mayest gratify are but few. “Study thoughtfully thy accustomed habits of living. Herein may be most often found certain accepted expenses that may wisely be reduced or eliminated. Let thy motto be one hundred percent of appreciated value demanded for each coin spent.
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“This, then, is the second cure for a lean purse. Budget thy expenses that thou mayest have coins to pay for thy necessities, to pay for thy enjoyments and to gratify thy worthwhile desires without spending more than nine-tenths of thy earnings.”
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an income that continueth to come whether thou work or travel.
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Study carefully, before parting with thy treasure, each assurance that it may be safely reclaimed. Be not misled by thine own romantic desires to make wealth rapidly.
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Better by far to consult the wisdom of those experienced in handling money for profit.
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Such advice is freely given for the asking and may readily possess a value equal in gold to the sum thou considerest investing.
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Guard thy treasure from loss by investing
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only where thy principal is safe, where it may be reclaimed if desirable, and where thou will not fail to collect a fair rental.
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“Surely, when such a small payment made with regularity doth produce such profitable results, no man can afford not to insure a treasure for his old age and the protection of his family, no matter how prosperous his business and his investments may be.
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Provide in advance for the needs of thy growing age and the protection of thy family.”
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“Preceding accomplishment must be desire. Thy desires must be strong and definite. General desires are but weak longings. For a man to wish to be rich is of little purpose.
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As a man perfecteth himself in his calling even so doth his ability to earn increase.
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That man who seeks to learn more of his craft shall be richly rewarded.
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“Thus the seventh and last remedy for a lean purse is to cultivate thy own powers, to study and become wiser, to become more skillful, to so act as to respect thyself.
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“To take his first start to building an estate is as good luck as can come to any man. With all men, that first step, which changes them from men who earn from their own labor to men who draw dividends from the earnings of their gold,
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“Wealth that stayeth to give enjoyment and satisfaction to its owner comes gradually, because it
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is a child born of knowledge and persistent purpose.