In learning to secure his one definite small desire, he hath trained himself to secure a larger one. After he has backed his desire for five pieces of gold with strength of purpose to secure it, next he can find similar ways to obtain ten pieces and then twenty pieces and later a thousand pieces and, behold, he has become wealthy.
For a man to desire five pieces of gold is a tangible desire which he can press to fulfillment. General desires are but weak longings.įor a man to wish to be rich is of little purpose. “Preceding accomplishment must be desire. The Seventh Cure - Increase Thy Ability to Earn
Therefore do I recommend to all men, that they, by wise and well thought out methods, do provide against a lean purse in their mature years. Therefore, do I recommend that every man own the roof that sheltereth him and his. The Fifth Cure - Make of Thy Dwelling a Profitable Investment Guard thy treasure from loss by investing only where thy principal is safe, where it may be reclaimed if desirable, and where thou will not fail to collect a fair rental. Better by far to consult the wisdom of those experienced in handling money for profit. The Fourth Cure - Guard Thy Treasures from Lossīe not too confident of thine own wisdom in entrusting thy treasures to the possible pitfalls of investments. “I tell you, my students, a man’s wealth is not in the coins he carries in his purse it is the income he buildeth, the golden stream that continually floweth into his purse and keepeth it always bulging. That what each of us calls our ‘necessary expenses’ will always grow to equal our incomes unless we protest to the contrary. Seven Cures for a Lean Purse The First Cure - Start Thy Purse to Fattening The Second Cure - Control Thy Expenditures Seek the advice of men whose daily work is handling money.Ī small return and a safe one is far more desirable than risk. Therefore, I am careful not to start difficult and impractical tasks, because I love leisure.” When I set a task for myself, I complete it. Would you call a fisherman lucky who for years so studied the habits of the fish that with each changing wind he could cast his nets about them? Opportunity is a haughty goddess who wastes no time with those who are unprepared.” And, lastly, you have learned to make gold work for you. Next you learned to seek advice from those who were competent through their own experiences to give it. You first learned to live upon less than you could earn.
He who takes advice about his savings from one who is inexperienced in such matters, shall pay with his savings for proving the falsity of their opinions.’
#RICHEST MAN IN BABYLON HOW TO#
Study, did not our wise teacher teach us that learning was of two kinds: the one kind being the things we learned and knew, and the other being the training that taught us how to find out what we did not know?Īdvice is one thing that is freely given away, but watch that you take only what is worth having. Note: Goals of earning more and becoming mored skillful are different The Richest Man in Babylon I strove to become a skillful lyre player. To that purpose was devoted your best endeavors. Thou hast labored patiently to build the staunchest chariots in Babylon. Thou makest me to realize the reason why we have never found any measure of wealth. A fat purse quickly empties if there be no golden stream to refill it. “a man’s wealth is not in the purse he carries. Our thinking can be no wiser than our understanding. Our acts can be no wiser than our thoughts.