First published in 1926, the timeless personal finance classic The Richest Man in Babylon has helped so many people achieve financial freedom. Here are 45 money quotes from the book.
- I found the road to wealth when I decided that a part of all I earned was mine to keep. And so will you.
- Every gold piece you save is a slave to work for you. Every copper it earns is its child that also that can earn for you.
- If you would become wealthy, then what you save must earn, and its children must earn, that all may help to give to you the abundance you crave.
- A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn. It can be as much more as you can afford.
- Wealth like a tree grows from a tiny seed. The first copper you save is the seed from which your tree of wealth shall grow.
- A part of all I earn is mine to keep. Say it in the morning when you first arise. Say it at noon. Say it at night. Say it each hour of the day. Say it to yourself until the words stand out like letters of fire across the sky.
- Learn to make your treasure work for you. Make it your slave, make its children and it’s children’s children work for you.
- You do eat the children of your savings, then how do you expect them to work for you? And how can they have children that will also work for you?
- For every ten coins thou placest withing thy purse, take out for use but nine. Thy purse will start to fatten at once and it’s increasing weight will feel good in thy hand and bring and bring satisfaction to thy soul.
Quotes on Investment
- Make thy gold multiply
- Make of thy dwelling a profitable investment
- A fat purse quickly empties if there is no golden stream to refill it. You must have different streams of income that will fill your purse.
- The first sound principle of investment is security for thy principal.
- Before you entrust it as an investment in any field, acquaint thyself with the dangers which may beset it.
- Guard thy treasure from loss by investing only where thy principle is safe, where it may be reclaimed if desirable, and where thou will not fail to collect a fair rental.
- Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
- Gold flees from the man who would force it to impossible earnings or who followeth the alluring advice of the tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
- Gold in a purse is gratifying to own and satisfieth a miserly soul but earns nothing. The gold we may retain from our earnings is but a start. The earnings it will make shall build our fortunes.
- Put each coin to labouring that it may reproduce it’s kind even as the flocks of the field and help bring to thee income, a stream of wealth that shall flow constantly into thy purse.
- That what each of us calls our ‘necessary expenses’ will always grow to equal our incomes unless we pretest to the contrary.
- Confuse not the necessary expenses with thy desires.
- I say to you that just as weeds grow in a field wherever farmer leaves space for their roots, even so freely do desires grow in men whenever there is a possibility of their being gratified.
- The desires are a multitude and those that thou mayest gratify are but few.
- Select those things that are necessary and others that are possible through the expenditure of nine-tenths of thy income. Cross out the rest and consider them but a part of that great multitude of desires that go unsatisfied and regret them not.
- Budget thy expenses that thou mayest have coins to pay for thy necessities, to pay for thy enjoyments and to gratify thy worthwhile desires without spending more than nine-tenth of thy earnings
- Control thy expenditures.
Other Money Quotes
- Money is the medium by which earthly success is measured.
- Money makes possible the enjoyment of the best the earth affords.
- Money is plentiful for those who understand the simple laws which govern it’s acquisition.
- Money is governed today by the same laws which controlled it when prosperous men thronged the streets of Babylon.
- Increase thy ability to earn.
- Opportunity is a haughty goddess who wastes no time with those who are unprepared.
- Weath grows in magic ways, no man can prophesy the limit of it.
- Wealth grows whenever men exert energy.
- This is the process by which wealth is accumulated: first in small sums then in larger ones as a man learns and becomes more capable.
- The more of wisdom we know, the more we may earn. That man who seeks to learn more of his craft shall be rewarded.
- Gold is reserved for those who knows it’s laws and abide by it.
- Guard thy treasures from loss.
- Insure a future income.
- Insure an income for thy future. Look thou at the aged and forget not that in the days to come thou also will be numbered among them.
- It behoves 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.
- No man can afford not to insure a treasure for his old age and the protection of his family no matter how prosperous his business and his investments may be.
- Provide in advance for the needs of thy growing age and the protection of thy family.
- To attract good luck to oneself, it is necessary to take advantage of opportunities.
- Men of action are favoured by The Goddess of good luck.
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