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The Richest Man in Babylon: Timeless Financial Wisdom with Real-Life Examples 💰📖

Lakhveer Singh Rajput
4 min readSep 18, 2024

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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…

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Lakhveer Singh Rajput
Lakhveer Singh Rajput

Written by Lakhveer Singh Rajput

Ruby on Rails enthusiast, book lover and DevOps explorer. Follow me for insights on coding, book recommendations, and bridging development with operations.🚀📚

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