In this week’s episode, we delve into the financial principles presented in "The Richest Man in Babylon." We explore the timeless wisdom of paying yourself first by saving at least 10% of your income, the importance of seeking knowledgeable financial advice, and the virtues of disciplined spending. We also discuss the impact of consistent and informed investment strategies on building and preserving wealth.
We'll provide practical advice on how to implement these age-old strategies in modern financial planning to ensure long-term economic stability and growth.
Tune in to "The Richest Man in Babylon" for a guide to navigating the complexities of personal finance with ancient wisdom that still resonates in today's economic landscape. Whether you're looking to improve your financial health or seeking inspiration to start saving and investing wisely, this episode promises valuable insights and actionable tips.
I trust that this episode, will prove beneficial to you, your loved ones, and the broader world. As always, I will be sharing several thought-provoking concepts for you to ponder and apply in real-life scenarios in the upcoming days. For those feeling adventurous, there will also be a challenge awaiting your participation!All the love, all the power, all of the time!
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Link to the book on Amazon:
https://www.amazon.co.uk/Richest-Man-Babylon-George-Clason/dp/1648630820?ie=UTF8&tag=googhydr-21&hvadid=719417706401&hvpos=&hvexid=&hvnetw=g&hvrand=13797578224962696999&hvpone=&hvptwo=&hvqmt=&hvdev=c&ref=pd_sl_3fqcld3nnr_e&gad_source=1
Links to Mentioned Podcasts and Materials:
Compound Interest Calculator - https://www.thecalculatorsite.com/finance/calculators/compoundinterestcalculator.php
The Bitcoin Standard (episode) - https://open.spotify.com/episode/4AtMl4N6FXmfwo8CVueBvk?si=961488066302493e
Let's Talk About Money (episode) - https://open.spotify.com/episode/75naEHqjZy1fcObsjjhFec?si=0e0d16a87c344aab
The Sovereign Individual (episode) - https://open.spotify.com/episode/1IXep5pCbo2I0eGuvQTEyi?si=efcf6330c4b846ce
Think and Grow Rich (episode) - https://open.spotify.com/episode/6cqFjFdLthDByInLLMAesL?si=b1fabd03f44f4da3
Financially Independent (episode) - https://open.spotify.com/episode/7yK33xBQAu7ViCyA98nk4g?si=7f026fa8147f47bd