The Richest Man In Babylon by George S. Clason - Book Summary
1. Should keep 10% of your income from salary. i.e. Pay yourself first. 2. Invest saved amount. 3. seven cure for a lean purse > Must save 10% of your income. > Control your expenditures. Make your monthly budget. > Make your money multiply by reinvesting. Invest only in profitable business - consult with a wise person before investing. > Guard your money against loss. > Make up your dwelling a profitable investment. ( Buy a home ) > Ensure a future income. > Increase your ability to earn which need to improve your skills . 4. Identify opportunities and exploit them. If found a good bargain make it, else think wisely before completing that deal. 5. Five laws of gold - Save 10% of your income - Labour your gold - Be cautious with your gold. Take advice from wise persons. - Invest in what you know ( known businesses), don't touch unfamiliar business. - D