Posts Tagged ‘Richest Man in Babylon’

In no order of preference I present an audiobook roundup – a 7-list of required audiobooks.  If you have not heard these yet, you won’t be disappointed.  They are never far away in my MP3 or CD changer.  Each one you’re able to listen to over and again. If it seems silly to listen to the same audiobook over and over again, consider how many times in your life you’ve heard that song on the radio. Without further ado -

 1.  Richest Man in Babylon, By George Clason – This is one that my Dad bought for me (the paperback, not the audio) 30 years ago, and it was already a classic at that time.  I was just a kid then, and while I didn’t fully understand all of the teachings – you might think that the lessons would be lost on an 8 year old, it turned out to be a more life altering book than, say… my X-Men comics that I liked so much. You know, Wolverine is cool too – but he’s no Arkad. 

(see six more incredible audiobooks here)

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This is the foundation of the "Richest Man in Babylon" by George S Clason. This has been such a success for me over the last 2 years, as I moved from being controlled by debt to getting out of debt (at least out of bad debt) and began saving. If you’ve heard that before you should save money, you should get out of debt I will challenge you to think otherwise. Get yourself out of debt WHILE you are saving money. Start today. I was working with a friend of mine that was telling me just exactly that – he was saving some money out of every paycheck. He related that when he first started thinking about saving, he found it difficult because he could not see the value in small deposits. But believe me, they add up.

So here is my advice to everybody that wants to become rich – The first thing you should do (and my money IS where my mouth is) is deposit 10% of every paycheck into a savings account. Stock markets are fine for some investing, but this is not your investment account (yet!) Before you get out of debt, start your savings account.

Already have a savings account? Nice! Make sure you’re using it. Make your deposits regularly, and you will begin the process of accumulating wealth.

Debt got you down? Don’t let that stop you. First things first – you have to show the world that you can get $100 together and keep it safe.  Strangely enough, the law of attraction can start working immediately, and $100 becomes $1000 before you know it.  You can pay off your debts AND start your savings account at the same time.  It’s a necessity.