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For success with money, one must understand money. “Every fool must learn, but why trust the knowledge of a brickmaker about jewels? Would you go to the breadmaker to inquire about the stars?” Youth, you have jerked your wealth-tree up by the roots. But plant another. Try again. And next time you would have advice about jewels, go to the jewel merchant. Advice is one thing that is freely given away, but watch that you take only what is worth having. He who takes advice about his savings from one who is inexperienced in such matters, shall pay with his savings for proving the falsity of their opinions.

Money is the medium by which earthly success is measured. Money is plentiful for those who understand the simple laws that govern its acquisition. Money is governed today by the same laws which controlled it when prosperous men thronged the streets of Babylon, six thousand years ago.

Interesting parables written in language as simple and poetic as that found in the Bible tell the success stories of the ancients. It is as classic and modern as it was a hundred years ago. The Richest Man in Babylon is a set of inspirational parables that explain the basics of money – a great guide for anyone who seems baffled by the world of finance.

Financial success is a prerequisite for fulfilling your ambitions and desires. This book helps readers understand financial principles through parables that illustrate the practical financial wisdom of the Babylonians, who were the richest people of their time. They appreciated the value of money. They practiced sound principles in acquiring, keeping, and making their money earn more money; and provided for what we all desire – financial freedom – incomes for the future.

In the “Foreword,” the author defines success. “Success means accomplishments as the result of our own efforts and abilities. Proper preparation is the key to our success. Our acts can be no wiser than our thoughts. Our thinking can be no wiser than our understanding.”

From the Book

“Every gold piece you save is a slave to work for you. Every copper it earns is its child that also can earn for you.”


“A part of all you earn is yours to keep. It should not be less than a tenth, no matter how little you earn.”


“Wealth, like a tree, grows from a tiny seed. The first copper you save is the seed from which your tree of wealth shall grow. The sooner you plant that seed, the sooner shall the tree grow. And the more faithfully you nourish and water that tree with consistent savings, the sooner may you bask in contentment beneath its shade.”


“Laws of money are universal and unchanging.”


“A fat purse quickly empties if there is no golden stream to refill it.”


“An old tongue loves to wag. And when youth comes to age for advice, he receives the wisdom of years. But too often does youth think that age knows only the wisdom of the days that are gone, and therefore profits not. But remember this, the sun that shines today is the sun that shone when thy father was born, and will still be shining when thy last grandchild shall pass into the darkness.”

About the author: Ashok Jainani
Picture of Ashok Jainani
(MA, MBA) is an independent market strategist and investment professional on devising multi-asset class market strategies and also advises on branding and corporate strategy. He uses proprietary trading tools in formulation of investment strategies using macro-economics, fundamental and technical analysis. He is also involved with a large social infrastructure project. He has wide academic knowledge in behavioral psychology, economics and financial markets and professional wisdom acquired over 39 years working in various capacities with well-known institutions, including UTI, SHCIL, The Economic Times and Mumbai-based stock brokerages heading research and market strategy. His periodic reports have been accessed by US Federal Reserve, has been interviewed by business channels and his views and articles have appeared in local and foreign media. He led an analyst team at a Mumbai brokerage to win ET-NOW StarmineThomsonReuters Awards and ZEE Business Awards 2009. A guest faculty at leading management institutes, he is widely travelled and visited several factories across diverse industries. Authored book titled Market Myths; MacMillan Publishers India (May 2011).Author can be reached at ashokjainani@gmail.com

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