A little boy asked his father, “Daddy, how much does it cost to get married?” Father replied, “I don’t know son, I’m still paying.” 🙂
“In old Babylon there lived a very rich man named Arkad. Far and wide he was famed for his great wealth. Also was he famed for his liberality. He was generous in his charities. He was generous with his family. He was liberal in his own expenses. Nevertheless, his wealth increased ore rapidly than he spend it.”
Thus begins the introduction of the character Arkad in the book The Richest Man in Babylon.
How would it be to have a bank account that never drained no matter how much you spent?
What would it be if you could have a conversation with one such as this?
What could you learn?
Rules of gold. Principles of prosperity?
The first:Â ‘A part of all you earn is yours to keep, and it should be no less than 1/10.’
And why?
Because ‘Every gold piece you save is a slave to work for you. Every copper it earns is a child that also can earn money for you. If you would become wealthy, then what you save must earn, and its children must earn, that all may help to give you the abundance you crave.’
Money earning money is one of the 3 paths to freedom.
When I learned this and believed it to my core, I decided that we would pay ourselves not 10%, but as much as we possibly could, for the faster we could pay ourselves and employ our money to work for us, the faster we could become free.
This is 1 reason we decided at a young age to live differently than those around us.
Live in a single wide trailer house so we could pay ourselves that big chunk of monthly money instead of sending it to the bank?
Why?
Because of this first rule of gold we learned from,
… the richest man.Â