Notus & Friends The Richest Man In Babylon (full audiobook) by George Clason
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Oct 24, 2021 Author George Clason discusses the core principles of financial prosperity outlined in 'The Richest Man in Babylon', emphasizing the importance of saving, investing wisely, and seeking financial advice. The podcast explores wealth accumulation strategies, financial prudence, overcoming procrastination, and the five laws of gold. It delves into stories of successful debt repayment, financial transformation, and the struggles of a slave in Babylon, highlighting the value of hard work, humility, and enduring wisdom.
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Pay Yourself First
- Keep a part of all you earn.
- It should not be less than a tenth, no matter how little you earn.
Prioritize Savings
- Pay yourself first.
- Do not buy more than you can pay while still having enough for necessities and charity.
Control Expenditures
- Control your expenditures; necessary expenses grow to equal incomes.
- Differentiate necessary expenses from desires.