|There are few books of basic wisdom that endure for
generations. One of these books is The Richest Man In Babylon, first
published in 1926.
We have heard, again and again, the critical importance of
putting aside a share of our income for investment.
There are a lot of ways to build wealth, but there is a
simple, sure way that can always work. It is simply to develop the habit from a
young age of saving a share of your income, say 10%. Paying this amount to your
investment account must become the same as paying your monthly rent or mortgage
Developing the habit of saving money should be developed
the same as the habits of bathing, washing hands before a meal, or shaving.
If you can't have certain luxuries now and maintain your
savings ritual, postpone the luxuries now so you can enjoy them and financial
I said this method is simple, I didn't say it was easy.
These are the lessons that George S. Clason drives home
again and again in the parables of The Richest Man In Babylon.
Here is an excellent graduation gift for your child or
If you haven't heard of or read The Richest Man In
Babylon yet, maybe this is a good time to get a copy for yourself and read