The Richest Man in Babylon by George S. Clason. This is the best book I have ever read on personal finance and wealth-building. Here are my 3 big takeaways that you can also start applying to uplift your wealth game.
1. Save the Gold: In other words, After earning money you must pay yourself first. Save at least 10% of your total income before you go out and start spending or paying out your debt.
2. Control your expenses: Be mindful of your spending habits and avoid buying things you don’t really need. Live within your means and budget accordingly.
3. Multiply your gold: once you have saved enough, Invest your money in ways that can generate more wealth for you, Such as through stocks, real estate, or starting a business.
Remember Building wealth is a long-term game, by following these simple rules, you can start taking steps towards a more financially secure future.
In Summary
Earn the money
Save a part of it before spending anything
And then Grow your money into wealth.
