The Richest Man in Babylon is a little book of parables on the topic of wealth, thrift, and financial planning. My dad gave this book to Toben for Christmas in 2004; I picked it up a month or two ago and read it since it's been in my "to read" pile for a while.
I'm glad I did.
It's not so much information that I didn't know, but it's presented in an easy-to-read format in a such a way that it makes a lot of sense and is easy to remember. As I've started handling our finances in the past few months, I've already put some of the principles into action and am seeing a big difference.
The book presents seven principles that will give you an idea of the tone of the book:
1. Start thy purse to fattening.
2. Control thy expenditures.
3. Make thy gold multiply.
4. Guard thy treasures from loss.
5. Make of thy dwelling a profitable investment.
6. Insure a future income.
7. Increase thy ability to earn.
As you can tell, the language is a little flowery and a little bit hokey, but it's worth your time to read. Especially if you're concerned with saving, getting out of debt, or just being smarter with your money.
Good maxims all the way around!
Posted by: Robynn's Ravings | March 06, 2009 at 09:52 PM
sounds fun and useful. books on finance are usually so tedious, it's good to know about one that is reader-friendly.
Posted by: eva | March 06, 2009 at 10:33 PM
Another great website for saving money is www.couponmom.com. It has a great easy system for clipping coupons from Sundays paper. I was never a coupon clipper but this works. It also has the weekly special at local grocery stores and matches the coupon to the sale...Also links to online coupons...I got a box of cereal for free actually I earned a pennie for taking it home.
Posted by: Kimberly | March 07, 2009 at 07:58 AM
the was required reading my senior year of High School. Changed my life from then on. I've been a saver and owe it all to this little book.
www.mintagehome.blogspot.com
Posted by: gabrielle | February 19, 2010 at 08:24 AM