The Richest Man in Babylon by George S. Clason
The readers can download The Richest Man in Babylon Audiobook for free via Audible Free Trial.
The Richest Man in Babylon by George S Clason is a classic and masterclass in finance domain. The audiobook is written in the form of parables. The parables are short and simple stories which convey a message and inherent learning. A young man approaches a rich man and asks him to guide him for wealth creation. The rich man teaches the young man timeless principles of wealth creation and scolds him if he makes mistakes. Slowly, the young man becomes wealthy. The audiobook is a must read for people who want to embark on the journey of wealth creation. It was initially written in the form of pamphlets which were later compiled in the form of an audiobook. The principles discussed by the author are timeless and continue to hold true in any time period.
The major lessons and learning offered by the author are:
1. Spend less than you earn and invest the difference.
2. Used saved money to make more money.
3. Take advice only from people who are skilled in that field.
4. Only invest the money in businesses one understands, otherwise, there will be a loss.
5. Do not aim for a lump sum of money, plan for regular cash flow.
6. One will lose money if it is put to foolish use.
7. Put away 10% of one’s earning and one will not even notice the difference.
8. Invest in one’s ability to earn more.
9. Do not let greed cloud the judgment or else one will lose money.
10. What one earns is not their’s to keep until it is invested properly.
The Richest Man in Babylon by George S Clason is a timeless classic on finance. Many other books have been written which have originated from The Richest Man in Babylon. The audiobook is a great work on financial planning and wealth creation. The language used by the author is simple which makes it an easy read. The parables keep the readers engaged and propel them on the path to financial stability and wealth creation. The audiobook is pure joy to read and the messages in the parables can be applied at any time. The audiobook will surely help the readers protect their wealth and create more wealth.