Book Summaries with Dealbisac - The Richest Man in Babylon (Episode 6)

About Me and this Episode

Hi, my name is Dipendra Laxmi Bahadur Chand Thakuri AKA “dealbisac” and welcome to ‘Book Summaries with Dealbisac'. Today in this episode I will be talking about the "The Richest Man in Babylon" by George S. Clason.

The parables are told by a fictional Babylonian character called Arkad, a poor scribe who became the "richest man in Babylon". Included in Arkad's advice are the "Seven Cures" (or how to generate money and wealth), and the "Five Laws of Gold" (or how to protect and invest wealth). A core part of Arkad's advice is around "paying yourself first", "living within your means", "investing in what you know", the importance of "long-term saving", and "homeownership".

The content is from a series of pamphlets distributed by U.S. banks and insurance companies in 1920–24; the pamphlets were bound together and published as a book in 1926. The book is often referred to as a classic of personal financial advice and appears in modern recommended reading lists on personal financial advice and wealth management, which has kept the book in print almost 90 years after its first edition with over 2 million copies sold.

Podcast Voice: Dipendra Laxmi Bahadur Chand Thakuri (dealbisac)

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