Every once in a while I need to rethink my financial plan. It is important to revisit old or outdated agendas from time to time. Whether it is a life plan, financial plan, academic plan, or any other goal you may want to achieve, it is important to revisit it to make sure you are on the right track. When I feel as though I need to freshen up my financial skills, I return to the same book. That book is The Richest Man in Babylon by George S. Clason.
If you have never read this book, I suggest you stop what you are doing and head directly to your nearest book store. This book should be $6.99 or less and can honestly change your life. If you work nonstop and often wonder “where did my money go?”, this is the book for you. It is a quick read and outlines simple steps to take to get out of debt and accomplish your financial goals. This book is filled to the brim with little jewels and tidbits on how to improve your financial life. Although I could never do the book any justice by trying to paraphrase it here, I will say that there are seven rules for those who wish to change their financial status. They are:
- Start thy purse to fattening
- Control thy expenditures
- Make thy gold multiply
- Guard thy treasure from loss
- Make of thy dwelling a profitable investment
- Insure a future income
- Increase thy ability to earn
This is just a glimpse of all that one can gain from reading the entire book. Even if you feel that you have no need to increase your financial standing (and I’d LOVE to hear from those people!), everyone trying to build or promote their personal brand will need monetary resources at one point or another. At first, building a solid reputation, networking, and learning may be free. However, there may come a point where you will want to buy business cards, develop a website, buy or a rent a location for a store, advertise your services, or even revamp your wardrobe. The things you can do for your personal life or personal brand can be endless.
Get this book! If you have already read it, I’d love to hear from you. Did you try to follow the steps? Did you change your behavior in any way after reading it? Is your purse fattening?