09/06/2025
I shared this on LinkedIn and I thought it would be nice if I share it here too.
The wisdom of Successful Babylonians, as portrayed in the book π, "The Richest Man in Babylon".
I highlighted my top seven (7) lessons:
1οΈβ£ Save a Portion of Your Income:
Always prioritize saving, even if it's a small amount, before spending. The book suggests saving at least 10% of earnings. Think of it as paying yourself a tithe on every income.
2οΈβ£ Live Below Your Means:
Avoid excessive spending and focus on building wealth rather than constantly upgrading your lifestyle.
3οΈβ£ Invest Wisely:
Make your savings work for you by investing in opportunities that offer growth potential.
4οΈβ£ Avoid Bad Investments:
Not all investment opportunities are worthwhile, so carefully assess and choose wisely. Ponzi scheme and other get rich quick means are bad investments.
5οΈβ£ Increase Your Earning Potential:
Continuously improve your skills and knowledge to increase your earning capacity.
6οΈβ£ Take Action:
Knowledge alone isn't enough; actively implement these principles to achieve financial success.
7οΈβ£ Protect Your Wealth:
Develop a long-term plan for managing and preserving your wealth.
πPrayer π€²
May the Spirit that guide the wealthy ones that came before us into true wealth guide and preserve us too. Amen π.