Great Books - Richest Man in Babylon
If you'd like to check out what I wrote about it back in January 1998, you're welcome to read it here:
http://snipurl.com/RajenOnBabylon
I urge you to buy your own copy of this fantastic book, read it and then commit to rereading it once every 6 or 12 months. The ideas there helped me think through and develop my own approach to financial planning and debt management.
If you'd like to know what I think about those two vital subjects, you're welcome to check out my quotations and those of people much smarter than I, here:
Financial planning
Debt management
Do let me know your own thoughts about the book or either of those important subjects. Bye for now.
Warmest regards,
Rajen
Rajen Devadason is CEO of RD Book Projects and its sister company RD WealthCreation Sdn Bhd. He lives in sunny, peaceful Malaysia with his gorgeous wife Rachel. He's a Malaysian Securities Commission-licensed financial planner, a life planning consultant, a professional speaker and a serial author... which probably explains why he's so exhausted! Some of his books are available here.
7 Comments:
Rajen, You are so brilliant! This is one of my all time favorite books. I try to read it once a year just to keep me focused. Hope you are well. Steve
Dear Steve,
You're very kind say so, but, no, I'm not brilliant. Clason's book is, though!
Glad to know that you too reread 'The Richest Man in Babylon' on a regular basis to stay focused on the powerful, but all-too-easy-to-forget, basics of personal finance.
Stay well, my friend.
Warmest regards,
Rajen
Hi Rajen,
In response to the comment left on my blog. Yes, you may link to me. Please list it as 'Mapgirl's Fiscal Challenge' if it fits nicely into the available space.
Thank you!
mapgirl
Dear Mapgirl,
Thank you for writing back so quickly. I know that my own readers will gain a great deal from what you have to say.
For those of you reading this, do visit Mapgirl's awesome personal finance blog at the link marked 'Mapgirl's Fiscal Challenge' - you'll enjoy it and learn something useful as you read it!
Warmest regards,
Rajen
Hi Rajen,
This book is my treasure chest. Bought dozen copies long ago and gave as gifts to close friends and relatives. Now left with 3 copies. Will get another 2 copies so that I will pass to my 4 kids with balance copy for my spouse.
I use the book as a bedtime adventure storybook for my 12year girl & 8 year boy. Now they can recite all the 7 simples rules by hard and they like the story.
Regards,
Michael Tay
Dear Michael,
Wow! I'm impressed with what you've done for your children, using 'The Richest Man in Babylon'.
Congratulations.
Warmest regards,
Rajen
Glad to hear I'm not the only one who re-reads this book regularly.
Must say I agree with all the comments. I have read the book numerous times and every time I seem to take away something new. The fact that it was written in the 1920's is testament to the timeless advice it imparts.
I was so inspired by the text that I have dedicated 5 years of my life to living my financial life according to Clason's fables to test the usefulness of the principles. I'm a little over 12 months into my 'project' and my purse is most definately fatter.
For anyone interested, my online journal can found at the www.therichestmaninatherstone.co.uk.
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