More on this book
Community
Kindle Notes & Highlights
Babylon exists no more.
'I found the road to wealth when I decided that a part of all I earned was mine to keep.
'That was sufficient to change the heart of a sheep herder into the heart of a money lender,'
If you did keep for yourself one-tenth of all 26you earn, how much would you have in ten years?'
'Every gold piece you save is a slave to work for you.
what you save must earn,
'A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn.
'You do eat the children of your savings. Then how do you expect them to work for you? And how can they have children that will also work for you? First get thee an army of golden slaves and then many a rich banquet may you enjoy without regret.'
you learned to seek advice from those who were competent through their own experiences
three laws of successfully handling wealth,
When I set a task for myself, I complete it. Therefore, I am careful not to start difficult and impractical tasks,
say to yourselves, 'A part of all I earn is mine to keep.' Say it in the morning when you first arise. Say it at noon. Say it at night. Say it each hour of every day. Say it to yourself until the words stand out like letters of fire across the sky.
As it grows it will stimulate you.
invest thy treasure with greatest caution that it be not lost.
Seek the advice of men whose daily work is handling money.
A small return and a safe one is far more desirable than risk.
A PART OF ALL YOU EARN IS YOURS TO KEEP.
This is the first step leading to the temple of wealth, and no man may climb who cannot plant his feet firmly upon the first step.
"Now I will tell a strange truth, the reason for which I know not. When I ceased to pay out more than nine-tenths of my earnings, I managed to get along just as well.
Also, ere long, did coins come to me more easily than before. Surely it is a law of the Gods that unto him who keepeth and spendeth not a certain part of all his earnings, shall gold come more easily.
him whose purse is empty does...
This highlight has been truncated due to consecutive passage length restrictions.
"This, my students, was the first cure I did discover for my lean purse: 'For each ten coins I put in, to spend but nine.'
Keep working with thy budget, keep adjusting it to help thee. Make it thy first assistant in defending thy fattening purse."
"This, then, is the second cure for a lean purse. Budget thy 43expenses 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."
"To a man's heart it brings gladness to eat the figs from his own trees and the grapes of his own vines.
"Thus come many blessings to the man who owneth his own house.
This, then, is the fifth cure for a lean purse: Own thy own home"
purse.Provide in advance for the needs of thy growing age and the protection of thy family."
"Preceding accomplishment must be desire. Thy desires must be strong and definite.
"Desires must be simple and definite.
More interest in my work, more concentration upon my task, more persistence in my effort, and, behold, few men could carve more tablets in a day than I.
my increased skill was rewarded,
seek to learn the methods and the tools of those most skillful in the same line.
to attract good luck to oneself, it is necessary to take advantage of opportunities.
MEN OF ACTION ARE FAVORED BY THE GODDESS OF GOOD LUCK
IV. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.
V. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
invest my savings under the guidance of wise men.
the five laws of gold