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by 3happyrobots 82 days ago
Read Richest Man in Babylon. It’s an easy read in story format. It’s not hard to understand. Money is not complicated. People make it complicated.

Forgot to mention - this book is now public domain, so it’s free and you can find a copy online pretty easily. Or, easy to buy as a book for about $5.

1 comments

What did you learn from it?
How to manage my money - no matter how much you make you can put your money to work for you to create wealth. Start by saving a very minimal amount, then once you have a little bit of savings, put it to work.
Sorry, I know I could just read the book rather than hound you with questions.

But put it to work in terms of investment? what if you don't have a big enough amount?

That’s the point of the book. It doesn’t matter how much you have. It’s how you use it. You find ways to turn 1 saved dollar into 2. Save 10% of the profit, now you have $1.1 - repeat. One of the main points is that everyone earns different amounts, but everyone ends up equally broke. Pay yourself first ;)

You can read this in a day. https://icrrd.com/public/media/16-05-2021-070111The-Richest-...

Will read it. Thanks.

Has it helped you though, significantly?