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Planning for Retirement

“It behooves a man to make preparation for a suitable income in the days to come when he is no longer young and to make preparations for his family should he be no longer with them to comfort and support them.”

-Arkad, the Richest Man in Babylon.

Translation: Save for your retirement (don’t [...]

Why You Should Own Your Home.

“I recommend that every man own the roof that sheltereth him and his.”

-Arkad, the Richest Man in Babylon.

Translation: Own your home and pay towards building equity for yourself instead of your landlord.

This is the 5th of the 7 cures for a lean purse as detailed in George S. Clason’s The [...]

Financial Risk Management.

“Misfortune loves a shining mark…. Every owner of gold is tempted by opportunities whereby it would seem that he could make large sums by its investment in most plausible projects.”

-Arkad, the Richest Man in Babylon.

Translation: Don’t take unnecessary financial risk or make foolish choices with your money.

This is the 4th [...]

Make Your Money Work for You.

“Put thy treasure to labor. Gold in a purse is gratifying to own and satisfieth a miserly soul but earns nothing.” -Arkad, the Richest Man in Babylon.

Translation: Put your money to work for you in an interest bearing savings account or relatively safe investments. This is the 3rd of the 7 cures [...]