The Richest Man in Babylon: Investment Lessons from Babylon

The 7 Cures for a Lean Purse

  1. Start thy Purse to Fattening
    • Save at least 10% of what you earn and your purse will start to fatten
    • A penny saved is a penny earned
    • Pay yourself first is the most important bill you will pay each month
  2. Control thy Expenditures
    • Control your expenses with a budget
    • We all tend to live according to whatever income we earn, unless we protest to the contrary
    • Look closely at your cost of borrowing!