Kill Your Debt

Home truths about debt and managing it

The Richest Man in Babylon
by George S. Clason
Review by Karl Rohde

Seldom are there books as life changing or timeless as this one. George S. Clason was visionary in his approach to writing a personal guide to financial success; and it has stood the test of time.

Education about money is not really in the modern curriculum, sure they teach economics, accounting and the like. But not a guide to controlling your own personal finances. If they ever did, this would be a book on the reading list. In fact, it would likely be the basis of the whole course.

However, a word of warning. This is not a “how to” book, with bullet points and side notes. It’s not a “Personal Finance for Dummies” book. It tells several tales each relating to the seven rules of acquisition. It is up to the individual to glean the intent and lessons of each story. If you are used to being told exactly what to do, then it may take several re-reads to finally get what Clason was trying to highlight.

It’s underlying theme is taking ownership of your personal finances, and not falling for the mediocrity of inaction. Just as with most things in life, this book highlights the doctrine that everything is about choice.  Sometimes you make good choices, sometimes you make bad choices. But if you plan and structure how you deal with your personal finances, the chance of making a bad choice is substantially reduced.

The key outcome I found from this book was to stop treating my finances as something someone else is responsible for. Everything said in the book is up to the individual to action. From how you spend money to how you earn money is covered by this book. Regardless of whether you are a capitalist, or a unionist, there is something of value that may be life changing. I for one think every single worker in the western world should be given this book on the day they start their very first job.

Babylon was once the richest city in the world, known for its lavish houses, palaces and huge city walls. The Richest Man In Babylon provides an insight into how to achieve the same in your own life.

This book shares the secrets of how to be wealthy, ethical and happy. Something we all need in theses troubled  economic times. It will lead you on a journey of self discovery, and allow you to reach financial success many only dream of. With both faith and knowledge you can create fortunes that will last.

Copyright © 2009 Karl Rohde