Book Reviews by JJC
The Richest Man in Babylon is a personal finance book written by George Samuel Clason in 1926. It is a small book with less than 150 pages, but has sold over 2 million copies and is considered to be a classic. Clason uses interesting stories set in ancient Babylon to teach us about fundamental ideas in personal finance.
When I heard about the book, the first thought that came to my mind is how can a century old book on personal finance be relevant in 2022? Well, it turns out that almost every idea in it is very much relevant even today. In fact, considering that this is a general principles book rather than of the concrete action items or of specific investment options, it will be relevant in the coming years as well.
There is a lot of interest in the concepts of personal finance, financial independence and early retirement in recent years. It is fascinating that this 100 year old book explores similar themes. The first chapter(The man who desired gold) itself is about financial independence and early retirement told from the perspective of Bansir, the chariot builder.
Book Reviews by JJC