*7 Powerful Lessons From The Book "The Richest Man in Babylon"*
1. *Pay yourself first with 10% of your income.*
You will adjust your budget to fit your means within the other 90%.
2. *Control unnecessary expenses by controlling your desires.*
Desires grow when there is a chance of them being fulfilled. Study your habits and eliminate any unnecessary expenses.
3. *Make your money work for you by investing your savings.*
Invest the profit from your investments to grow your wealth even quicker.
4. *Make safe investment decisions to prevent financial ruin. Your money can't work for you if you lose it.*
Do your best to never lose money.
5. *Own a home if it means you can save on rent.*
If you can rent out rooms to lower your living expenses, do it.
6. *There will be a day where you can no longer work and earn*.
Prepare for retirement from an early age. The earlier, the better.
7. *Increase your ability to earn more money by amassing skills.*
It is the burden of all men to gain the confidence needed to achieve his desires.
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