Richest Man in Babylon 
asked by runabout on November 11, 2006 3:13 AM
THE MULTI-MILLION COPY BESTSELLING CLASSIC Read by millions, this timeless book holds the key to success-in the secrets of the ancients. Based on the famous "Babylonian principles," it's been hailed as the greatest of all inspirational works on the subject of thrift and financial planning. ACHIEVE PERSONAL WEALTH... This celebrated bestseller offers an understanding of-and a solution to-personal money problems.This is the original classic that reveals the secrets to acquiring money, keeping money, and making money earn even more money. Simply put: the original money-management favorite is back!Acclaimed as a modern-day classic, this celebrated bestseller offers an understanding of-and a solution to-personal financial problems. Based on the success secrets of the ancient "Babylonian parables," it is the most inspiring book on wealth ever written.
Reviews
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This book has some basic principles for increasing your wealth and making sure you don't squander your income. I would recommend it to others.
reviewed by trailrider on November 24, 2006 6:43 AM
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great in the early-middle section, but dragged a bit towards the end.
reviewed by megafan on November 26, 2006 9:52 PM
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The Richest Man in Babylon has very secular message for today: 1. Own your own home 2. Prepare for a suitable income in days to come 3. Learn skills that increase capability. This increase in capacity will lead to higher wage payments 4. Gain Recognition and praise as a foundation for more prestige that can be used to increase Gold and Silver. Prestige is the fuel for gaining credibility and trust that will seal bigger business deals 5. Pay debts with promptness 6. Care for family matters 7. Don't rely on luck to seize profits 8. Seize profits by acting immediately on opportunities.
Solomon was a true capitalist. Solomon taught in his proverbs to give too the poor. The people loved Solomon. Solomon increased commerce between Israel and other nations bringing products and services too Israel. Competition among the merchants drove down price. As price dropped because of abundance, the poor man could NOW afford exclusive products and services. Solomons capitalistic ideas of commerce, gifting, and abundance blessed the whole nation. As a result of the abundance, Israel rejoiced in the most glorious period of their history: 1. Political and economic unity reduced the need for war. 2. Commerce drove out poverty, as abundance, made price attractive for the masses 3. Consumer confidence raised and people felt more confident in buying 4. Money became more available too fund new growth oriented business ventures 5. The nation reserve of Gold and Silver increased into the trillions of dollars creating emmense stability.
What happened? Solomon moral beliefs dissolved as he married wives from with pagan beliefs. The moral decade included breaking laws of God that had been the source of prosperity. The end results was corruption, war, and fragmentation of the Kingdom of Israel and both power and glory dissipating into the journals of history. Unification of Israel will occur as the nation conforms back with God's laws. The great tradegy of Solomon and David was not in the fallacy of their wisdom, but their forsaking of their God and his laws.
The Richest Man in Babylon is a study of contrasts between secular intellectual financial thought and religous morality. Man's wealth is finite, whereas, God's wealth is infinite. Man's accumulation of Gold and silver distributes wealth based on laws of abundance and scarcity; God's wealth accumulation is infinite without end. A rich man attracts many friends and a poor man is separated from the community. God loves both the rich and the poor.
Proverbs 19:4 (4. Wealth maketh many friends; but the poor is separated from his neighbour)
Proverbs 22:2 (The rich and poor meet together: the Lord is the maker of them all)
God's wisdom is a tree of life, an inheritance greater than Gold or silver, a more valuable possession than Gold or silver. God grants the righteous man an eternal inheritance and capacity for increase, life everlasting and joy everlasting. God's wisdom brings happiness and contentment.
Proverbs 3:5,6 (5. Trust in the Lord with all thine heart; and lean not unto thine own understanding 6. In all they ways acknowledge him, and he shall direct thy paths.)
The Rich man of Babylon seeks the praise and recognition associated with his prestige from wealth. The righteous man is reward wealth but he uses his wealth to feed the hungry and cloth the naked and create jobs.
Proverbs 11:25 (The liberal soul shall be made fat and he that watereth shall be watered also himself)
Proverbs 11:30 (The fruit of righteousness is a tree of life; and he that winneth souls is wise.)
The Rich man of Babylon believes opportunity is a temptation, preserves his wealth through capital gains and taxes, and loans his wealth generation after generation exploiting the common through usury taxes (interest) and offering no longterm forgiveness of debt.
Idolatry is not recognizing God for the increase and accumulation of material items. Failures to be acknowledge God as the source of all increase is Idolatry. The Rich man of Babylon says, "Behold, from my humble earnings I had begotten a hoard of gold slaves, each laboring and earning more gold. As they labored for me, so their children also labored and their children's children until great was the income from their combined efforts." Greed is their God, "It is wise that we must first secure small amounts and learn to protect them" and guard the treasure from loss by investing where principle is safe. The fallacy is the accumulation of Gold and silver is not wealth. The creation of jobs and work is wealth. The Rich man of Babylon becomes the exclusive, rich baron, whose taxes oppress the poor.
Proverbs 22:7 (The rich ruleth over the poor, and the borrower is servant to the lender)
The righteous man eventually forgives debts, a year of Jubilee, salvation from oppression. The Rich Man of Babylon demands payment in full without any mercy, yet his own oppression will leave him hungry. Excessive Debt burdens are a milestone that drown productivity and impoverish the masses. Debt should be temporary and not long-term. Long-term debt cause want because interest accumulation siphons away the Gold and silver.
Proverbs 22:16 (He that oppresseth the poor to increase his riches, and he that giveth to the rich, shall surely come to want).
The Rich Man of Babylon keeps 10% of his increase for himself; he profits from his Gold and silver; he seeks wise advisors to assist in money investment/loans creating more Gold and silver; he avoids unfamiliar businesses or purposes; and he is fearful of thieves, who desire to steal his Gold and silver; avoids becoming a slave through debt to another Rich Man of Babylon. The righteous man of God gives 10% of his increase in tithes to God. The Rich Man of Babylon says, "don't spend, if you lack the money". The righteous man says, "The Lord will provide" and lives prudently, without decadence, void of opulence, and clean and modest. The Rich Man of Babylon says, "put your money to work" seeking capital gains, whereas, the righteous man says, "distribute your excess to feed the hungry" by creating innovation, more efficient agriculture, and scientific breakthroughs and in labor there is wealth. A righteous man bless the nation through increase prosperity and abundance creating cheap resources, he does not covet wealth for accumulation sake. The righteous man seeks wisdom because he knows that Gold and silver comes and goes.
Proverbs 23:4 (4. Labour not to be rich: cease from thine own wisdom)
Proverbs 24:5 (5. A wise man is strong, yea, a man of knowledge increaseth strength.)
Proverbs 23:12 (12. Apply thine heart unto instruction, and thine ears to the words of knowledge)
The Rich man of Babylon believes his pyramid of wealth makes him invincible to death, obscurity, war, and scorn. War has no friends or allies and the Rich man of Babylon high wall is conceit, a fool and his money.
Proverbs 18:11 (The rich man's wealth is his strong city, and as an high wall in his own conceit)
Solomon was a true capitalist. Solomon taught in his proverbs to give too the poor. The people loved Solomon. Solomon increased commerce between Israel and other nations bringing products and services too Israel. Competition among the merchants drove down price. As price dropped because of abundance, the poor man could NOW afford exclusive products and services. Solomons capitalistic ideas of commerce, gifting, and abundance blessed the whole nation. As a result of the abundance, Israel rejoiced in the most glorious period of their history: 1. Political and economic unity reduced the need for war. 2. Commerce drove out poverty, as abundance, made price attractive for the masses 3. Consumer confidence raised and people felt more confident in buying 4. Money became more available too fund new growth oriented business ventures 5. The nation reserve of Gold and Silver increased into the trillions of dollars creating emmense stability.
What happened? Solomon moral beliefs dissolved as he married wives from with pagan beliefs. The moral decade included breaking laws of God that had been the source of prosperity. The end results was corruption, war, and fragmentation of the Kingdom of Israel and both power and glory dissipating into the journals of history. Unification of Israel will occur as the nation conforms back with God's laws. The great tradegy of Solomon and David was not in the fallacy of their wisdom, but their forsaking of their God and his laws.
The Richest Man in Babylon is a study of contrasts between secular intellectual financial thought and religous morality. Man's wealth is finite, whereas, God's wealth is infinite. Man's accumulation of Gold and silver distributes wealth based on laws of abundance and scarcity; God's wealth accumulation is infinite without end. A rich man attracts many friends and a poor man is separated from the community. God loves both the rich and the poor.
Proverbs 19:4 (4. Wealth maketh many friends; but the poor is separated from his neighbour)
Proverbs 22:2 (The rich and poor meet together: the Lord is the maker of them all)
God's wisdom is a tree of life, an inheritance greater than Gold or silver, a more valuable possession than Gold or silver. God grants the righteous man an eternal inheritance and capacity for increase, life everlasting and joy everlasting. God's wisdom brings happiness and contentment.
Proverbs 3:5,6 (5. Trust in the Lord with all thine heart; and lean not unto thine own understanding 6. In all they ways acknowledge him, and he shall direct thy paths.)
The Rich man of Babylon seeks the praise and recognition associated with his prestige from wealth. The righteous man is reward wealth but he uses his wealth to feed the hungry and cloth the naked and create jobs.
Proverbs 11:25 (The liberal soul shall be made fat and he that watereth shall be watered also himself)
Proverbs 11:30 (The fruit of righteousness is a tree of life; and he that winneth souls is wise.)
The Rich man of Babylon believes opportunity is a temptation, preserves his wealth through capital gains and taxes, and loans his wealth generation after generation exploiting the common through usury taxes (interest) and offering no longterm forgiveness of debt.
Idolatry is not recognizing God for the increase and accumulation of material items. Failures to be acknowledge God as the source of all increase is Idolatry. The Rich man of Babylon says, "Behold, from my humble earnings I had begotten a hoard of gold slaves, each laboring and earning more gold. As they labored for me, so their children also labored and their children's children until great was the income from their combined efforts." Greed is their God, "It is wise that we must first secure small amounts and learn to protect them" and guard the treasure from loss by investing where principle is safe. The fallacy is the accumulation of Gold and silver is not wealth. The creation of jobs and work is wealth. The Rich man of Babylon becomes the exclusive, rich baron, whose taxes oppress the poor.
Proverbs 22:7 (The rich ruleth over the poor, and the borrower is servant to the lender)
The righteous man eventually forgives debts, a year of Jubilee, salvation from oppression. The Rich Man of Babylon demands payment in full without any mercy, yet his own oppression will leave him hungry. Excessive Debt burdens are a milestone that drown productivity and impoverish the masses. Debt should be temporary and not long-term. Long-term debt cause want because interest accumulation siphons away the Gold and silver.
Proverbs 22:16 (He that oppresseth the poor to increase his riches, and he that giveth to the rich, shall surely come to want).
The Rich Man of Babylon keeps 10% of his increase for himself; he profits from his Gold and silver; he seeks wise advisors to assist in money investment/loans creating more Gold and silver; he avoids unfamiliar businesses or purposes; and he is fearful of thieves, who desire to steal his Gold and silver; avoids becoming a slave through debt to another Rich Man of Babylon. The righteous man of God gives 10% of his increase in tithes to God. The Rich Man of Babylon says, "don't spend, if you lack the money". The righteous man says, "The Lord will provide" and lives prudently, without decadence, void of opulence, and clean and modest. The Rich Man of Babylon says, "put your money to work" seeking capital gains, whereas, the righteous man says, "distribute your excess to feed the hungry" by creating innovation, more efficient agriculture, and scientific breakthroughs and in labor there is wealth. A righteous man bless the nation through increase prosperity and abundance creating cheap resources, he does not covet wealth for accumulation sake. The righteous man seeks wisdom because he knows that Gold and silver comes and goes.
Proverbs 23:4 (4. Labour not to be rich: cease from thine own wisdom)
Proverbs 24:5 (5. A wise man is strong, yea, a man of knowledge increaseth strength.)
Proverbs 23:12 (12. Apply thine heart unto instruction, and thine ears to the words of knowledge)
The Rich man of Babylon believes his pyramid of wealth makes him invincible to death, obscurity, war, and scorn. War has no friends or allies and the Rich man of Babylon high wall is conceit, a fool and his money.
Proverbs 18:11 (The rich man's wealth is his strong city, and as an high wall in his own conceit)
reviewed by runaway on November 28, 2006 10:51 PM