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The Richest Man in Babylon: Timeless Financial Wisdom with Real-Life Examples 💰📖
The Richest Man in Babylon by George S. Clason is a treasure trove of wealth-building wisdom. Let’s explore each lesson from the book, paired with practical examples and quotes that will help you master your financial life. 💡
1. Start Thy Purse to Fattening (Pay Yourself First) 💸
The Idea:
Save at least 10% of your earnings before spending on anything else. You must prioritize paying yourself first.
”A part of all you earn is yours to keep.” — George S. Clason
Example:
If you earn ₹50,000 a month, set aside ₹5,000 (10%) before touching the rest. Over a year, this turns into ₹60,000! 🎯 This could go into an investment that grows over time, giving you a cushion for your future.
2. Control Thy Expenditures (Live Below Your Means) 🛑
The Idea:
Don’t confuse desires with necessities. Learn to manage your expenses and spend less than you earn.
”That what each of us…