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The Richest Man in Babylon Audiobook

The Richest Man in Babylon

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Publisher's Summary

This inspiring book, began in 1926 as a series of informational pamphlets distributed by banks and insurance companies. By 1927, several of these pamphlets had been compiled into a book and this collection has been in print ever since. It has helped millions of people, and has been hailed as the greatest of all inspirational works on the subject of thrift, financial planning, and personal wealth.

A modern day classic, The Richest Man in Babylon dispenses financial advice through a collection of parables set in ancient Babylon. These famous "Babylonian parables" offer an understanding of - and solution to - a lifetime's worth of personal financial problems, and holds the secrets to acquiring money, keeping money, and earning more money.

©2013 Gildan Media LLC (P)2013 Gildan Media LLC

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  •  
    will Kyle , TX, United States 08-31-14
    will Kyle , TX, United States 08-31-14 Member Since 2014

    I'm a reader, but I've been finding myself on the go a lot more lately. Audible to the rescue.

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    "Better Financial Control, Better Quality of Life"

    This book was recommended by Jim Rohn in a speech I listened to and I have so much admiration for him I instantly hopped on audible and picked this up. The parable format was perfect for an audiobook and I've already listened through a few times.

    I can't say anything in this book is outside the realm of common knowledge, but a lot of times I don't need to learn something new, I just need to be reminded of those core fundamentals, and if I'm not doing them- start!

    The 7 Cures for a Lean Purse discussed in the book:

    Start thy purse to fattening
    Control thy expenditures
    Make thy gold multiply
    Guard thy treasure from loss
    Make of thy dwelling a profitable investment
    Insure a future income
    Increase thy ability to earn

    The one that has been the biggest game changer for me has been "Start thy purse to fattening-" saving 10% of my income. I've always heard "pay yourself first," but I always felt like if I did that I wouldn't have the money to pay my bills. If I had money left over after paying all of my bills I'd save that.

    Guess what? There's always something else to spend on so I wasn't saving much.

    This book inspired me to just try it, and the results have been huge for me. Not huge in terms of my bank account, but more with my attitude towards money. Shortly after starting the process of setting aside 10%, I started to feel in control of the money instead of the money being in control of me.

    I think the mental shift has to do with when you spend everything, there's never enough. As soon as you start setting aside that 10% your mentality shifts from there never being enough to, "Of course there is enough. I don't even have to spend everything I earn and I'm doing just fine." I don't know if that makes sense. I think it shifts your subconscious from the scarcity mindset to a prosperity mindset.

    Fringe benefits with 10% of my income being mine to keep, is that potential negative life events (worries) don't hold the same power over me because I have a little cash reserve that's growing every paycheck. If I get a cavity, blow out my knee, lose my job, have car problems, they'll still all be unfortunate and stressful, but they won't send me into crisis mode.

    Typing this I'm thinking about a quote from Mark Twain, “I've had a lot of worries in my life, most of which never happened.” The mental benefits of saving calm a lot of my worries and let me focus on more productive thoughts. If they never happen I'll be glad I didn't waste my time worrying and if they do, I'll be in a position financially to deal with them.

    This has been my long winded way of saying, buy the book. You won't regret it. If you already know it all, it will be good to go through the checklist and make sure you're actually doing it. If you're new to the study of personal finance, this book hits on the fundamentals and would be a great place to start.

    51 of 53 people found this review helpful
  •  
    Gersham Charles 07-14-14
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    "Life Changing..."
    Would you consider the audio edition of The Richest Man in Babylon to be better than the print version?

    The wisdom within the pages of this book are life changing for those who choose to understand and execute it's principles. I fell in love with the spoken word again listening to the richness and texture of every word and sentence.


    What other book might you compare The Richest Man in Babylon to and why?

    None that I can think of..


    What about Grover Gardner’s performance did you like?

    His flow and voice matches the book well.


    6 of 6 people found this review helpful
  •  
    Martin NH 06-27-14
    Martin NH 06-27-14 Member Since 2015

    I like Finance books and True Crime stories. It's kind of funny, since some people may say that the two are one in the same.

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    ""My Favorite Finance Book of All Time!""
    Would you recommend this audiobook to a friend? If so, why?

    Yes. This book helped change my financial life. It's hard to imagine that a fictional work of stories and parables could be so inspirational and enlightening. I can't wait to read it again!


    Which character – as performed by Grover Gardner – was your favorite?

    Arkad was my favorite character. His lectures to men, teaching them the "seven cures for a lean purse" was so simple and true, that it escaped the men of his time, just as it escapes people today.


    What insight do you think you’ll apply from The Richest Man in Babylon?

    "Control thy Expenditures"
    I immediately began cutting my expenditures to equal 90% of my net income. Then allocated the remaining 10% to my investments. It was painstaking work, and took several months, but it was worth it. I can now see why the majority of people never achieve financial independence. It's because they continue to adjust their expenditures upward when their income rises, and cannot delay gratification until a future date.


    Any additional comments?

    Take lottery winners for example, 70% of lottery winners go broke. More than 50% of professional athletes go broke, and Hollywood actors and actresses who earn more than 10 million dollars per movie go bankrupt. As the wise Arkad said - "That what each of us calls our necessary expenses will always grow to equal our incomes unless we protest to the contrary". Arkad then goes on to say - "Don't confuse necessary expenses with your desires, that all men (and women) are burdened with more desires than they can gratify".
    I've come to realize that becoming wealthy, or financially independent, is not natural. It takes incredible discipline and self-control. It's not about how much money you make, but about how much money you keep.

    15 of 17 people found this review helpful
  •  
    Andrew 10-17-15
    Andrew 10-17-15 Member Since 2016
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    "Simple yet efficient"

    Offers insightful advice on managing gold and your finances including seizing wise investments and avoiding unintelligent ones.

    Told in the form of stories and parables of men of Ancient Babylon that makes it a rather enjoyable listen!

    3 of 3 people found this review helpful
  •  
    Gabor Bordacs New York City 01-12-15
    Gabor Bordacs New York City 01-12-15
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    "Just do it..."

    Don't judge for simplicity, give it all and judge based on performance. You will be amazed.

    3 of 3 people found this review helpful
  •  
    Marcel USA 04-29-14
    Marcel USA 04-29-14 Member Since 2012
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    "Nice story and worth a listen"
    What made the experience of listening to The Richest Man in Babylon the most enjoyable?

    It was entertaining and not too long.


    What was one of the most memorable moments of The Richest Man in Babylon?

    The way it unfolded and reinforced the concepts.


    Was this a book you wanted to listen to all in one sitting?

    Yes


    Any additional comments?

    Will be going back to this one just for the story. It's written well.

    7 of 8 people found this review helpful
  •  
    Patrick 12-18-15
    Patrick 12-18-15 Member Since 2016
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    "Magnificent!"

    Time travel back to discover the indelible laws of wealth building , asset protection and personal achievement that hold as true today as they did for Tthe Richest Man In Babylon.

    2 of 2 people found this review helpful
  •  
    Barkley 12-01-15
    Barkley 12-01-15 Member Since 2016
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    "ancient lessions in wealth"

    great stories of slaves overcoming adversity and obtaining goals. I learned alot from this book.

    2 of 2 people found this review helpful
  •  
    Night 11-28-15
    Night 11-28-15 Member Since 2016
    HELPFUL VOTES
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    "Changed my money mindset. Pearls of wisdom"

    The knowledge I learnt in this book now guides my every personal finance decision. This book is rock solid and continues to stand the test of time.

    The narrator is top notch. His voice brought ancient Babylon to life.

    2 of 2 people found this review helpful
  •  
    john frederick 11-24-15

    rufus mafusus

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    "timeless"

    old, but very accurate no matter what century. just listen to it. is this 20 sentences yet????

    2 of 2 people found this review helpful
Sort by:
  • Beauty Basket
    4/5/15
    Overall
    Performance
    Story
    "Much needed..."

    Inspiration and a good kick up the ass! Nothing to lose trying this and everything to gain by doing so!

    2 of 2 people found this review helpful
  • Chama
    9/28/16
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    "Would definitely recommend"

    It was easy to read and the parables made the teachings more memorable. I'll be reading this again.

    1 of 1 people found this review helpful
  • Phillip
    northampton, United Kingdom
    3/9/16
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    "Read it."

    Work for Money or Make Money work for you. Idiots make the simple complicated, genius makes the most complex simplistic.

    1 of 1 people found this review helpful
  • Wiki
    London, UK
    3/31/15
    Overall
    Performance
    Story
    "Save your self the money."

    The opening facts have inaccuracies. Then the writer assumes that Babylonian people speak in a fake old Shakespearean english.
    Basically save 10% of what you earn. And save your self from spending money on poor purchases like this.

    3 of 5 people found this review helpful
  • Neville
    12/1/16
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    "Be wise and read this book"

    I first read this book 20 years ago, I was in debt to the tune of £27,000 by using the principles of this book I have managed to clear my debts and to set up my own company where my purse is often full of gold coins, I would recommend this book to anyone who is in financial difficulty and is looking to find a way out of debt, the lessons in this book are simple and straightforward and easy lean YOU are the only unknown factor in this equation

    0 of 0 people found this review helpful
  • umar
    11/13/16
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    "great book"

    very helpful book i have ever read..really shows how to manage your money the best

    0 of 0 people found this review helpful
  • bonde
    11/12/16
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    "THIS WAS FANTASTIC"

    The narrator was excellent in relation to the story. This book was one of a rare few which clings to your attention

    0 of 0 people found this review helpful
  • Kenny Marshall
    Glasgow
    11/7/16
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    "Great for the basics"

    Great book for covering off the basics in a fable style. I would highly recommend for beginners in self development.

    0 of 0 people found this review helpful
  • Bookworshipper
    11/2/16
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    ".Worth every penny."

    Fantastic story well told. Worth every penny. Timeless story told with clarity and vigour. Highly recommended.

    0 of 0 people found this review helpful
  • Goulled Abdillahi
    10/25/16
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    "OUSTANDING MASTERPIECE"

    I love this book. It is financial free lesson in its simpliest form. Can't stop listening to it.

    0 of 0 people found this review helpful

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