For Whom Wealth Matters
December 24, 2012 2 Comments
“It (mustard seed) is the smallest of all seeds, but when it has grown it is larger than all the garden plants and becomes a tree, so that the birds of the air come and make nests in its branches.”
December 24, 2012 2 Comments
‘The Richest Man In Babylon’ is a book by George Samuel Clason,first published in 1926, which teaches simple lessons in financial wisdom through a collection of parables set in ancient Babylon.
The book is well deserving of its status as a personal finance classic and is an extremely easy read both for adults and children.The parables have the power to make an indelible impression on the mind and teach lessons for life.I feel the book should join all the childhood classics such as Cinderella,Sleeping Beauty,Snow White, Aesop’s fables et al. After all it is so much easier and fun to learn financial wisdom from parables than through bitter experience.
Copies of the book can be bought online and in book stores easily and they make excellent gifts.It is also an excellent title for your personal library.Alsoyou can get free copies legally as it is off copyright.Here is the link to a free copy.
The following are my favourite excerpts from the book:
“…a man’s wealth is not in the purse he carries. A fat purse quickly empties if there be no golden stream to refill it. Arkad has an income that constantly keeps his purse full, no matter how liberally he spends.”
“Thou makest me to realize the reason why we have never found any measure of wealth. We never sought it. Thou hast labored patiently to build the staunchest chariots in Babylon. To that purpose was devoted your best endeavors. Therefore, at it thou didst succeed. I strove to become a skillful lyre player. And, at it I did succeed.” Read more of this post
December 22, 2012 4 Comments
Here is what Rakesh Jhynjhunwala has to say on what money means to him:
If you ask me what money means, I’d say it’s used as a means of exchange, among other things.But J Paul Getty, one of the world’s richest men, said: If you can count it, you don’t have enough of it.
Money is the harsh reality of life. Some love for it, some die for it, some use it well, some waste it, most fight for it, but most others desire it. Read more of this post
wealthymatters 