The Richest Man in Babylon - Best Ideas Summary

Looking for a great review or summary of the Richest Man in Babylon by George S Clason? In this video I talk about how to get rich, how to stay rich, and the best advice the richest guy in babylon has for you in this amazing timeless book!

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[luiscaminero]

Huge tip: if you are still living with your parents please make an effort save more than 10%. I know most people just want to party and spend their money when they are young but from what I've learned, the earlier we start the more drastic is the effect of compound interest.
I am 20 years old right now and I am able to invest more than 50% of my income.

[DecodeChannel]

*Video summary*
The 7 simple rules of money:
1) Start thy purse to fattening: save money.
2) Control thy expenditures: don't spend more than you need.
3) Make thy gold multiply: invest wisely.
4) Guard thy treasures from loss: avoid investments that sound too good to be true.
5) Make of thy dwelling a profitable investment: own your home.
6) Ensure a future income: protect yourself with life insurance.
7) Improve thy ability to earn: strive to become wiser and more knowledgable

[ivanljujic]

I just wanted to thank you, because ever since I started watching your videos, and implementing tricks into my life, I started feeling more confident. Not only that, but they helleped me get over my depression.
Ik this is kinda off-topic for this video, but I really felt a strong need to thank you :)

[ravyo]

3:22 "Translation: You should buy video courses too, my video course"

[TheSwedishInvestor]

Great video! I like that you emphasize that for some people it might be easier to cut expenditures than to increase income. A lot of wealthy people will promote the latter but it might be easier said than done in another persons situation. What I miss in this summary would be the advice surrounding seizing opportunities and taking action. If you would like to hear more about these tips, feel free to watch my top 5 takeaways from The Richest Man In Babylon on my channel.

[FernandoOrtegaJimenez]

My trading journey was a matriculation of highs and lows, literally just like the market. you up, you down. Now I'm constantly up.

[granthiggins]

I’m glad that you’re helping others grow. It’s really encouraging to see.

[dipandas]

Btc is the future, and everyone should learn this technology, always keep learning...

[cyberhero]

Great book and great video as usual Prac! Just bought your course and I love it so far!

[AliexFolgueira]

Can you do a series on how to youtube youtube?? Like a dedicated few videos serie?

[SoulPapiii]

Nice and FAST very informative
Wish school.was like this

[RyanWilsonPodcast]

Awesome Video! Loved it and working on it myself!

[Lawgiver]

Couldn't agree more! I can't wait for what life brings!

[SgtCrypto]

Bitcoin is a about financial sovereignty and not being dependent on the government or banks to bail us out if something goes wrong. So to answer your question. Yes!! You can insure your BTC (bitcoin) by keeping it yourself.

[MrMisanthrope_]

Can you include a conclusion or summary at the end of your video or in the description.

[Delgado]

My life changed dramatically after reading that book a year ago 😊
🤗

[justlearnbitcoindotcom]

Bitcoin doesn't get hacked. Exchanges (websites get hacked.) That's why you keep Bitcoin in cold storage, AKA a hardware wallet and not on an exchange which is a website.

[GeekyMino]

This is one of my favourite books and I did a summary few monts ago. I am glad do see that you choose the same ideas! Good job😊

[rosam]

Thank you for the great videos you make, looking foward to the academy launching!

[chriss]

Bit coin is weird and im surprised the Govt has not shut it down as only the dollar is legal tender.