Summary of the book The Richest Man in Babylon by George Clauson

Summary of the book The Richest Man in Babylon by George Clauson

We talked in a previous topic about
the best books on financial culture that you should read,and among that group wasthe book The Richest Man in Babylon, and how this book is considered one of the best financial books that every person who seeks to understand everything related to money and improve his financial situation should read, but Doesthe book The Richest Man in Babylondeserve to be on the list of the best financial culture books or not? In this topic, we present to you a summary of this book,the book that every person trying to achieve financial freedom should read.

The Richest Man in Babylon is one of the best financial culture books


Introduction to the book The Richest Man in Babylon 

The book was written by

George Clauson, and the first version of the book was published in 1926. The author has many other books, but the book The Richest Man in Babylon is the most famous of them all.*

The book The Richest Man in Babylonis a collection of motivational stories of people in the ancient city of Babylon who overcame… The financial problems they faced and they were able to become one of the richest people in Babylon* In this book, George Clason presents many of the rulings and laws that existed in ancient Babylon that governed dealing with money and regulating it, and the importance of seizing opportunities, and ways to protect money from loss

* The book discusses The richest man in Babylon is the secrets of the success of the people of ancient civilizations. Therefore, many consider it one of the most motivating books ever in the field of wealth and money.

You may also likea summary of the book Secrets of the Millionaire’s Mind by Harv Eker. 

 Summary of the book The Richest Man in Babylon 

Despite how difficult it is to summarize this book in a few words, I will discuss the most important and best points that George Clauson discussed, and I advise you to buy this book and read it because it is truly considered one of the best books in financial culture. 
 
The most important ideas around the book The Richest Man in Babylon 
 
1- Money is the means by which worldly success is measured 
2- Money is what enables us to enjoy the best that life has to offer us 
3- Money is abundantly available to those who understand the simple laws that govern its earning 

Money today is governed by the same laws that governed it six thousand years ago, when the streets of Babylon were crowded with wealthy people 

Chapters of the book and a simple summary of the most important things in each chapter 

* The book The Richest Man in Babylon includes 11 chapters of the best motivational stories for humans:
1- The man who dreamed of getting rich.

In this chapter, the writer talks about a vehicle manufacturer who dreamed of achieving wealth. The most important thing that distinguished this person was that he had the intention and will to change his condition and Improving his financial situation

   2- The richest man in Babylon

The second chapter of the book talks about the richest man in Babylon and explains the story of this person in detail and how he started from scratch until he became the richest man in the whole kingdom

3- The seven ways to overcome empty wallets

in the third chapter ofthe book The Richest A man in BabylonArkad (the richest man in Babylon) talks aboutthe seven magical ways to overcome empty walletsand start filling the wallet with money, which are

*
Start filling your wallet(from your income and salary, save a portion of no less than a tenth)*
Control your expenses(by reducing your consumption and living in a simple way so that you can accumulate money)*
Work on growing your wealth(and in this method he talks in detail about investment methods and… Increase the money you save from your expenses)*
Preserve your wealth from loss(explains how a person should not be attracted to big offers and temptations that contain very high risks because they often lead to the loss of his wealth)* Make your home a profitable investment 
*
Guarantee a stable income in… The future(George Clauson explains in this method how a person must work to provide a stable income for himself in the future that will support him when he grows old or any financial problems occur in the future)*Increase your ability to earn(Every person must develop his skills and experience So that he can increase his income.


4- How to deal with opportunities.

In the fourth chapter of the book The Richest Man in Babylon, George Clauson speaks through the mouth of the Richest Man in Babylon about how to seize opportunities and how those opportunities come to every human being, but most of the time we do not take the opportunities that we later consider to be the opportunity of a lifetime.

Also read the best books you should read before starting investing 

5- The five laws that govern dealing with money.

In this chapter, the richest man in Babylon presents the five most important laws that govern dealing with money. If every person follows them when dealing with his money, he will develop it and prevent the loss of this money.
* You can read these five laws from Ali

Our page on Facebook  6- The Jewel Merchant in Babylon

In the sixth chapter of the book, George Clauson talks about the story of one of the richest men in Babylon, his wisdom in dealing with money, his view of borrowing and giving advances to others, and how

A little caution is better than a lot of regret 


7- The Walls of Babylon.

In this chapter, George Clauson talks about the great walls of Babylon and how those walls resemble the human need and desire for protection and how we cannot be without adequate protection.

8- The Camel Trader in Babylon.

In this chapter of the book The Richest Man in Babylon, George Clauson explains The story of one of the richest men in Babylon and how after he was a free and rich man, debts and reckless actions turned him into a slave, but how, with persistence and his ability to escape from slavery, he was able to return all the debts to their owners and became one of the richest men in Babylon at this time.

Wherever there is determination, there is a way 

9- The clay tablets of Babylon.

  In this chapter of the book, the author talks about a professor and his wife who were going through financial difficulties, and after the arrival of the method for overcoming debts that was engraved on those clay tablets, and the application of that method after thousands of years, they were able to get rid of the debts accumulated on them.

Therefore, the ancient methods in Dealing with money has proven its effectiveness in solving financial problems in all countries.

10 – The Luckiest Man in Babylon.

In this chapter of the book, there is another story of struggle and financial success for one of the richest men in Babylon and how he was able to overcome slavery through work. In this chapter, he gives a sermon. For those who say that work is for slaves and that they do not want to work

11- A historical overview of the city of Babylon.

George Clauson ends the book The Richest Man in Babylon with a historical overview of the ancient city of Babylon and the most important customs and traditions that existed there and how it became one of the wealthiest cities at this time.


* This was a very simple summary of the book The Richest Man in Babylon, one of the most motivating books in the field of wealth and money, which every person seeking to create wealth should read.

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