The richest man in babylon audio book summary in Hindi |

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  • čas přidán 18. 08. 2023
  • The Richest Man in Babylon is a 1926 book by George S. Clason that dispenses financial advice through a collection of parables set 4,097 years ago in ancient Babylon. The book remains in print almost a century after the parables were originally published, and is regarded as a classic of personal financial advice.
    The parables are told by a fictional Babylonian character called Arkad, a poor scribe who became the "richest man in Babylon". Included in Arkad's advice are the "Seven Cures" or how to generate money and wealth, and the "Five Laws of Gold" or how to protect and invest wealth. A core part of Arkad's advice is around "paying yourself first", "living within your means", "investing in what you know", the importance of "long-term saving", and "home ownership"
    The 7 simple rules of money: 1) Start thy purse to fattening means save money. 2) Control thy expenditures means don't spend more than you need. 3) Make thy gold multiply means invest wisely. 4) Guard thy treasures from loss means avoid investments that sound too good to be true. 5) Make of thy dwelling a profitable investment means own your home. 6) Ensure a future income means protect yourself with life insurance. 7) Improve thy ability to earn means strive to become wiser and more knowledgable.
    To bring your dreams and desires to fulfillment, you must be successful with money.
    The laws of money are like the laws of gravity: assured and unchanging.
    Money is plentiful for those who understand the simple laws of making money.
    Babylon was the wealthiest city in the world at the time of its height because its people appreciated the value of money.
    You must constantly have an income that keeps your purse full.
    “It costs nothing to ask wise advice from a good friend.”
    It’s simple to say, but many people never achieve a serious measure of wealth because they never seek it. They never truly seek it, focus on it, and commit to it.
    Youth often assumes, incorrectly, that the old and wise only have wisdom about days gone by.
    You will only begin building wealth when you start to realize that a part of all the money you earn is yours to keep. That is, pay yourself first. You always pay others for goods and services. Pay yourself as much as you can. Save money.
    You should save at least 1/10th of what you earn. More if you can afford to do so.
    Do not take advice on finance from a brick layer. Go to people who are experts in a particular subject if you want expert advice. It’s too easy for amateurs to give out advice.
    Build for yourself a mountain of gold first, then you can enjoy as many banquets as you wish without worry. Don’t spend your money as soon as you earn it.
    Surround yourself with people who are familiar with money, who work with it each day, and who make lots of it.
    Enjoy life while you are here. Do not overstrain to save.
    Do not put your money in investments which do not pay a dividend, but also do not invest in risky places that seem too good to be true.
    What each person calls their “necessary expenses” will always grow to match your income unless you resist that urge. Do not confuse your necessary expenses with your desires.
    “A man’s wealth is not in the coins in his purse. It is in his income.”
    Ensure a future income. Every person gets old. Make sure your income will continue without work.
    Buy life insurance. Provide in advance for the protection of your family.
    Increase your ability to earn. Improve your skills. As you perfect your craft, your ability to earn more increases.
    The more we know, the more we may earn. The person who seeks to know more of their craft is capable of earning more.
    You cannot arrive at the fullest measure of success until you crush the spirit of procrastination within you.
    The 5 Laws of Gold: 1) Gold comes easily and in increasing quantity to the person who saves at least 1/10th of their earnings. 2) Gold labors diligently and multiplies for the person who finds it profitable employment. 3) Gold clings to the protection of the person who invests their gold with wise people. 4) Gold slips away from the person who invests gold into purposes through which they are not familiar. 5) Gold flees the person who tries to force it into impossible earnings.
    In short, Save at least 10 percent of everything you earn and do not confuse your necessary expenses with your desires. Work hard to improve your skills and ensure a future income because wealth is the result of a reliable income stream. You cannot arrive at the fullest measure of success until you crush the spirit of procrastination within you.

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