The Richest Man In Babylon: Financial Wisdom a Masterpiece on Money Management Financial Success Timeless Lessons Wealth-Building Strategies Financial ... Finance Book (Fingerprint Classics) Paperback – 1 Aug. 2018

I have read hundreds of finance books now, and I continue to do so. For me, The Richest Man in Babylon is the best financial book of all time. I came across it a few years ago when I read a reference for it in the book The Power of Focus: How to Hit Your Business, Personal and Financial Targets with Absolute Certainty. When I eventually read it, it was financial dynamite. I can see why many millionaires reccommend this book.Reading and applying the lessons in this book, has allowed me to boost my bank balance from sub-zero to well in excess of ten thousand pounds, in the space of a few years. I feel I understand the basic rules of money from reading this book, and though I am not a millionaire, I currently have FAR more money, wealth, and happiness than I would have had otherwise, and it just keeps increasing.The book is made up of small stories, which basically advocates a steady path to wealth building. It also talks about human emotions concerning money and through it's scenarios, covers basic lessons that anyone who has, or wants money will always encounter, and need to learn. It does all this via a collection of short tales which touch upon different areas.The only downside is that the actual book is written in old fashioned biblical style Olde English, so this can make it hard to understand for some people. Some reviewers have complained that it is too short, or the lessons too simple, but if the bankers had followed this advice, the great financial crash of 2007 may never have occurred. The Richest Man in Babylon, Arkad, says that "truth is always simple".It truly is a magnificent book and shows how wealth is really created. If I could only have one book on finance, this is the book I would choose. I've now read hundreds of books on finance, and this is the one I keep coming back to. This, and the book "The millionaire next door", are all one needs to be truly wealthy.It's currently 2009, and Britain is still experiencing one of the greatest economic downturns in history, but in spite of this I expect to increase my bank balance by thousands of pounds this year, and I have no debts. Next year, when house prices have crashed some more, I intend to add an investment property to my financial portfolio. At the moment, due to the current economic crisis, mortgages are harder to get than ever, but because of the deposit I have saved, and because my expenses are so low, many banks have confirmed that there will not be a problem for me. Thank you The Richest Man in Babylon.Finding this book has been one of the greatest landmarks in my life, it has produced real results for me without the hype or get rich quick mentality surrounding so many other finance books, and I will practice it's lessons forever.

Excellent book. It’s an early 20th century classic about financial investment interpreted for modern times

Some good information in the book, well presented with some nice stories. My one criticism would be that the dialogue is written in ye olde English, with "thou art" etc. Which makes no sense, since the book is set in Babylon which did not have English as its main language. So, to keep spirit with the book, the "original" dialogue would need to be translated to English anyway. In which case, why translate it to an antiquated version of English that people no longer speak? Like, you don't see French films being translated into Shakespearean English, they just get translated into modern English. Anyway, ultimately the upshot of this is that it adds a layer of unnecessary complexity into what is otherwise a good book.

I love this book and reread it whenever I lose my way. I’d recommend it to the young just starting out in their life and career as well as the older who are burdened by debt and/or have no savings and crave financial freedom.

I am the type of person who gets his wages paid in to his bank account and then the following day, they are all gone, and I wonder why I never have any money!My financial literacy dervies completely from this book. There is a new updated version of this book however I had no difficulty reading this version despite some of the language being archaic.The book teaches many principles on managing money through the telling of stories/parables. Not only is the advice excellent but the stories are really interesting too.One of the main themes of the book is that 'a part of all you earn is yours to keep.' This essentially means saving and as a general rule of thumb it recommends using 70% of your income for living expenses, 20% to pay debts and 10% to save. It sounds blindingly obvious but it's sound advice which I have spent a lifetime neglecting to use, spending all my money straight away on consumable items that don't provide any sort of return for my investment.If you are already financially literate then I doubt you will learn anything new from this book but nevertheless it is still a great read. If like me, you never seem to have any money in the bank account, then this book will be a huge wake up call and will help you to realise the errors of your ways.As soon as I start full time work next year following completion of a post-graduate course, I intend to start using the principles the book has taught me straight away.

I read this book over the Christmas period, and was really impressed. The lessons it teaches you are so obvious, yet so easily overlooked - it's a real eye opener.It is very short book, but delivers concise and thought provoking instructions on how to handle and improve your finances, and in a lot of respects your life. The author delivers the lessons through parables, which flow well from chapter to chapter. The chapters are short and easy to digest. I feel that this book is definitely up there with 'Think and Grow Rich' and 'Rich Dad Poor Dad', and I would probably recommend reading this first out of the three if you get a chance.One thing to note is that the writing style is old English/Babylonian?! - which might take some getting used to. I found myself reading a few sentences twice for example. Some people may find this quite annoying, so take a look at some sample text if you can.100% recommended read!