Wealth is a Relative Term…Part V

“Lo, Money is plentiful for those who understand the simple rules of its acquisition.

1. Start thy purse to fattening (save)

2. Control thy expenditures (including spending on “investments”)

3. Make thy gold multiply (by earning compound interest, which Albert Einstein called the eight wonder of the world)

4. Guard thy treasures from loss (guarantee your principal; don’t put it at risk)

5. Make thy dwelling a profitable investment (manage your equity and your mortgage wisely)

6. Insure a future income (guarantee it)

7. Increase thy ability to earn” (lastly, after all else is accomplished, talk of investing)

The Richest Man in Babylon

The Richest Man in Babylon by George S. Clason has been called “the most inspiring book on wealth ever written.” Throughout this amazing tale, money is referred to as gold. Why is this important? George S. Clason teaches us that gold – money – is the foundation upon which wealth is built. Gambling your money on investments that promise only that they promise nothing is like removing stones from the foundation of your home and using them to build a second floor addition. Soon, the house will collapse.

If you would build wealth for yourself, your family and your legacy you must first lay down a solid foundation of money and erect a framework to deal with the money that flows into and through your life. You need a way to capture money, manage money, compound money, guide money so that it serves you (and not visa versa) and the wisdom to teach your children, grandchildren and those you care about how to do the same – another lesson from The Richest Man in Babylon.

Money for Life…in good times and bad adapts;

• ~ the teachings from The Richest Man in Babylon
• ~ Benjamin Franklin’s The Way to Wealth
• ~ the lessons from visionary works like R. Nelson Nash’s Becoming Your Own Banker, Barry James Dyke’s The Pirates of Manhattan and others
• ~ and, the author’s soon-to-be 35 years of helping Americans navigate the rapids of their financial rivers.

You owe it to yourself to get a copy of Money for Life…in good times and bad and re-discover the wisdom of the ages that it re-presents in the easy to read and understand language of the 21st century –> www.TheMoneyforLifeBook.com

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