When prosperity comes, do not use all of it. Confucius

Having money troubles?  Read “The Richest Man in Babylon”. Save 10 percent from the top of your net income  and you will never be broke……

Some years ago, when I was into self-help books, mainly business, I came across this little gem of a book written by George Glason, who wrote it in the 1920’s.  This book has been in publication ever since the first printing.   It has been updated, and I haven’t read the new version, but I can most certainly recommend this as the most useful money management book I have ever read.  It seems simple and is written in parables, but, what dynamite suggestions!!

The secret to this 10 percent savings plan is that you squirrel money away for yourself, and don’t make any announcements about it. This is your money to do with what you want without having to discuss it or ask permission to spend it.  My late sister, who only had her pension, was talking to me one day and I made this suggestion to her. She immediately put it into place, and she told me she actually had some money of her own for the first time in her life, and had gone from zero to $2000 in a very short time.

So, give it a go, you have nothing to lose and a whole lot of money to gain.

"What can a book written in the 1920s tell modern investors about their finances? A whole lot if it's George Clason's delightful set of parables that explain the basics of money. This is a great gift for a graduate or anyone who seems baffled by the world of finance and a wonderful, refreshing read for even the most experienced investor." -Los Angeles Times