Tuesday, 31 December 2019

_*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*_

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