The Richest Man in Babylon-Book Study-Part III

Richest Man in Babylon


The desire to be lucky is universal.

The love of taking a chance with small amount of sliver in hope of winning much gold. But when a man plays the game, the situation is reversed, for the chances of profit are always against him and always in favor of the game keeper. The game is so arranged that it will always favor the keeper.

“Good luck waits to come to the man who accepts Opportunity”

The first start to building an estate is as good luck can come to any man. With all men, that first step, which changes from men who earn from their own labor to men who draw dividends from the earnings of their gold is important

PROCRASTINATOR – He accepts not opportunity when she comes. He waits. He says I have much business right now. Opportunity, she will not wait for such slow fellow.  The spirit of procrastination is within us all. We desire riches, yet how often when opportunity appears before us, that spirit of procrastinating from within us urges us for various delays on our acceptance. In listening to it we do become our own worst enemies.  It is not difficult to conquer, once understood.

ADVISE – If your bargain is wise, make payment immediately, do not procrastinate as the bargain or opportunity will go away fast.

“To attract good luck to oneself, it is necessary to take advantages of the opportunities”




Gold is reserved for those who know its laws and abide by them.

  1. Gold come gladly and in increasing quantity to any man who will put not less than one-tenth of his earnings to create an estate for his future and that of his family.
  2. Gold comes diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of field.
  3. Gold clings to the protection of the cautious owner who invests it under the advice of men wise in its handling.
  4. Gold slips away from the man who invests it in business or purpose with which he is not familiar or which are not approved by those skilled in its keep.
  5. Gold flees the man who would force it to impossible earnings or who follows the alluring advice of tricksters and schemers or who trusts to his own inexperience and romantic desires in investment.

To him who is without knowledge of the five laws, gold comes not often, and goes away quickly. But to him who abide by the five laws, gold comes and works as his dutiful slave.

“Wealth that comes quickly goes the same way.

“Wealth that stays to give enjoyment and satisfaction to its owner comes gradually, because it is a child born of knowledge and persistent purpose.

“To earn wealth is but a slight burden upon the thoughtful man, bearing the burden consistently from year to year accomplishes the final purpose.

“Our wise acts accompany us through life to please us and to help us. Just a surely, our unwise acts follow us to plague and torment us.



Better a Little Caution than a Great Regret

Gold brings to its possessor responsibility and a changed position with his fellow men. It brings the fear for he may lose it or be tricked away from him. It brings a feeling of power and ability to do good. Likewise it brings opportunities whereby his very good intentions may bring him into difficulties.

If you desire to help you friend, do so in a way that will not bring your friend’s burden on yourself.

Humans in struggle, pain or great change are not safe risks for gold lender

“Youth is ambitious. Youth would take shortcuts to wealth and the desirable things for which it stands. To secure wealth quickly youth often borrows unwisely. Youth never having had experience, cannot realize that hopeless debt is like a deep pit into which one may descent quickly and where one may struggle vainly. It is a pit of sorrow and regrets giving unhappy restless sleep.

The help must be given wisely, as in desire to help we take upon ourselves the burden that belongs to others.

The first desire for Gold is safety. Gold slips away unexpectedly from those unskilled in guarding it. Be conservative in your return expectations. To lend gold with a promise of usurious returns is to invite loss.

Seek to associate yourself with men and enterprises whose success is established that your treasure may earn liberally under their skillful and be guarded safely by their wisdom and experience.



We cannot afford to be without adequate protection. IN this day, behind the impregnable walls of insurance, savings accounts and dependable investments, we can guard ourselves against unexpected tragedies that may enter any door and seat themselves before any fireside.

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