1) A heartfelt shoutout to Terry and Ginger Booton for this great college graduation gift!
If you are a recent or soon-to-be college graduate, this book is for you. If you want simple principles for financial security, this book is for you.
George Clason uses parables to communicate sound money-managing principles in this 194 page quick-read manual.The setting is ancient Babylon and the stories are relatively entertaining, with the message clear as day. And if you miss the message in the meat of the story, nine times out of ten the author has restated the key point in a title, summary, or outlined box for your ease of use.
My bottom line on this one is: it’s worth picking up, especially if you have never searched for or been lectured on personal financial management basics. It is easily read in one sitting and it is not even remotely a chore to fly through.
A few of my favorite quotes:
A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn. It can be as much more as you can afford. Pay yourself first. Do not buy from the clothes-maker and the sandal-maker more than you can pay out of the rest and still have enough for food and charity and penance to the Gods. – p. 18
Opportunity is a haughty goddess who wastes no time with those who are unprepared. -p. 23
Budget thy expenses that thou mayest have coins to pay for thy necessities, to pay for thy enjoyments and to gratify thy worthwhile desires without spending more than nine-tenths of thy earnings. -p. 41
In this tale we see how good luck waits to come to that man who accepts opportunity. -p. 69
Remember, work, well-done, does good to the man who does it. It makes him a better man. -p. 167