_*The Richest Man In Babylon - The Laws of Wealth which never change*_

_Principles of Wealth_ which never ever change with times

_THE RICHEST MAN IN BABYLON_

*Start thy purse to fattening* - pay yourself first before paying others even if you have debt

*Control thy expenditures* - 'whst each of us call as Necessary Expenses will always grow to equal out incomes unless we protest in contrary

*Make thy gold multiply* - Gold, meaning Wealth. _Money begets Money_  and _Uncontrollable Debt begets more debt_

*Guard the treasure from a loss* - Understand risk & avoid / lessen the blow from losses

*Make of thy dwelling a profitable investment* - well, a debatable point on whether to Own a Home or Rent a Home.....but, we'll have to run down the numbers always (in this case). It's not always profitable to own a home

*Insure a future income* - Insurance and future cash flow planning (including retirement)

*Increase thy ability to earn* - and so did Benjamin Franklin reiterate, _Invest in yourself_.....one sure shot way to increase the earnings.

Bottomline.... *My ten on Money in Life*

_Earn Money_

_Save Money_

_Invest Money_

_Multiply Money_

_Spend less Money_

_Don't borrow Money_

_Greed drives away Money_

_Fear also drives away Money_

_Cautiousness averts losing Money_

_Take appropriate advise on Money_

Let your children / grandchildren know the _*importance and place of money in our lifes*_

_*Eclipses, Investments & Beliefs*_

Every now and then, we get to see the solar and lunar phenomena...the Eclipses

Many *belief systems* (some true & some ridiculously false) are followed during the time frame of these Eclipses.

The truth....

Earth doesn't stop rotating / revolving

So does the time ... It doesn't stop

Celestial bodies... All continue to do their works

Sun ... Keeps doing his job

Moon ... Keeps doing his job

But, somehow we humans happen to stop going through our normal lives during this period of the Eclipses.

Personally, i feel it like responding to the *stock market phenomenon of volatility* which keeps recurring every now & then.

We tend to *react* to things which are beyond our control. Sometimes, it's called *precaution*, but the sanity of mind is lost most times, in the garb of precaution. 

*Celestial bodies continue do their work*

*Volatility continues to do it's work*

*We need to go out lives as is*

_*Aging, Portfolio & Wisdom*_

In life....as one keeps aging, there is *No Guarantee that one's wisdom levels have gone up*

In Investing.....as the Portfolio ages, the *Elasticity / Wisdom of the portfolio* to remain within a specific range of returns (maintaining the balance) is extremely strong

Most people, neither understand the former nor the later 🤷🏼‍♂

_*Seat Belts, Airbags, Spending & Asset Allocation*_

_Seat belt & Airbags are life savers in an unfortunate accident on the highway of driving_

_Need based spending & Asset Allocation are the financial life savers on the highway of a comfortable money life_