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The Richest Man in Babylon is a 1926 book by George S. Clason that dispenses financial advice through a collection of parables set 4,097 years earlier, in ancient Babylon.The book remains in print almost a century after the parables were originally published, and is regarded as a classic of personal financial advice.
He started writing the pamphlets in 1926, using parables that were set in ancient Babylon. Banks and insurance companies began to distribute the parables, and the most famous ones were compiled into the book The Richest Man in Babylon - The Success Secrets of the Ancients. [4] He is credited with coining the phrase, "Pay yourself first". [5]
The basis of the book is Roy's advice to "save 10 per cent of all that you earn and invest it for long-term growth." In that, it draws from the advice first set forth in The Richest Man in Babylon. Subsequent chapters discuss wills and life insurance, RRSPs, buying a home, income tax and saving and spending.
The Richest Man in Babylon; S. Security Analysis (book) The Smartest Guys in the Room (book) The Snowball: Warren Buffett and the Business of Life; The Speed Traders;
According to one of the sources cited on the page (The richest man in Babylon for today) the pamphlets that make up the book were first published in 1926, nine of them were compiled into Gold Ahead in 1937, and The Richest Man in Babylon was published as such in 1955.
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