10 financial advice gotten from the Richest Man in Babylon

 

10 financial Advice gotten from the Richest Man In Babylon 

 

1. Definiteness of purpose :

  have a burning positive desire to make wealth. Have a firm purpose. This is what I want. This is what I want to achieve. Believe it is possible and speak it into existence. 

 

2. Willpower 

  “a part of all you earn is yours to keep”

Save one-tenth of all you earn. Practice the act of savings. Eg: If you make one thousand naira everyday, hundred naira is yours to keep. And while at this, you must control your expenditures. Do not live above your means and do not gratify your every desire. Make a list of the most essential things you need and scrap out the ones that can always wait.

 

3. Make your treasures multiply 

  Invest your savings that it would bring you good interest with safety. Invest wisely. “ a man’s purse is quickly empty if there’s no golden stream to fill it. Make your money work for you.

 

4. Do not invest your earnings in purposes you’re not familiar with

“ Better a little caution than a great regret”

Be sure to consult successful experts before venturing into a field or business. Seek to associate thyself with men and enterprises whose success is established that thy treasures may earn liberally under skillful use and be guarded safely by wisdom and experience 

 

5. Increase in your ability to earn

  Cultivate your own powers by studying, learning, and acquiring skills. And hence, be confident in your skills and ability. 

“Opportunity is haughty goddess which wastes no time for those who are unprepared. 

Do not sit around and look. Invest in your self and take advantage of every opportunity to showcase your skills and talent. “Stop hiding inside your shell”

 

6. Wealth grows wherever man exert energy 

 Where there’s determination, the way can be found. Whatsoever you may do, do it well. Put in work and consistency. Avoid the act of procrastination. Do not put off till tomorrow what you can do today. Little drops of water makes an ocean. Show up and be consistent in your steps.

 

7. Men of action are favored by the goddess of goodluck 

 good luck can be enticed by accepting opportunities. You have to be caught putting in effort. Those eager to grasp opportunities attract the interest of the good goddess 

 

8. Be a cheerful giver 

 give. Contribute to the growth of your family. Pay your tithes. Help those in need. God loves a cheerful giver.

 

9. Do not pile up debts

 It is wise to avoid debts as Much as possible but 

  If you must borrow, pay as soon as you can. 

 

10. Guard your treasures from loss

  it is how we take of the little that determines the bigger. 

“For it is in taking good care of the little that more will be added Unto us.