The Richest Man in Babylon by George S. Clason...a tiny and enlightening book I ever read about financial. Truth is I've done all financial blunders....and still am...but the book is an eyes opening how to manage your debt, future saving and investing wisely...Read it and get on the road to richest.
Let me share the "7 Cures for a Lean Purse" as taught by Arkad - the man who has amassed the greatest wealth in Babylon.
The First Cure : Start thy purse to fattening
For every ten coins I put in, to spend but nine.
The Second Cure : Control thy expenditures
Budget thy expenses that thou mayest have coins to pay for thy necessities, to pay for thy enjoyments and to gratify thy worthwhile desires without spending more than nine-tenths of thy earnings.
The Third Cure : Make thy gold multiply
To put each coin to labouring that it may reproduce its kind even as the flocks of the field and help bring to thee income, a stream of wealth that shall flow constantly into thy purse.
The Fourth Cure : Guard thy treasures from loss
Guard thy treasures from loss by investing only where thy principal is safe, where it may be reclaimed if desirable and where thou whill not fail to collect a fair rental. Consult with wise men. Secure the advise of those experianced in the profitable handling of goal. Let their wisdom protect thy treasure from unsafe investments.
The Fifth Cure : Make of thy dwelling a profitable investment.
Own thy own home.
The Sixth Cure : Insure a future income
Provide in advance for the needs of thy growing age and the protection of thy family.
The Seventh Cure : Increase thy ability to earn
To cultivate thy own powers, to study and become wiser, to become more skillful, to so act as the respect thyself.
"Its not how much you earn....but how much you can save"
Ct : Cakap je nak saving.... hishhhh.... :-(