Book Review
The Richest Man in Babylon
by George S. Clason
Penguin Books © 1926
What can I say about this book that has not already been said? Told in parable format with the principle of repetition, this book is super helpful for building a foundational understanding of financial management.
When I was in school, I read The Goal, by Eliyahu M. Goldratt. It is to operations what The Richest Man in Babylon is to financial management. Both books are easy to understand and told in a narrative which creates curiosity and tension for the readers.
George S. Clason teaches seven principles of personal financial management through parables spoken by the richest men in Babylon. The parables they teach are straightforward, easy to understand and not condescending. Additionally, because they are parables, these lessons are easier to retain and practice.
This book is a classic for a reason; the advice is timeless!
Parker, coffee is on me next time I see you.