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hotlizard's review against another edition
fast-paced
3.0
3 stars for the narrator (Paul Michael's) voice. The accents were problematic and the *advice* catered to the Dave Ramsey (financial douche ding dong) advice.
jgintrovertedreader's review against another edition
3.0
A co-worker insisted on lending me this book. It doesn't sound like my kind of thing, but I didn't know how to tell her I wasn't interested. We'll see how this goes...
Written in a format that leaves me wondering whether to classify this as fiction or non-fiction, The Richest Man in Babylon uses the framework of established Babylonian men telling stories about how they gained their hard-won financial wisdom. The book is short and surprisingly readable for someone who doesn't understand much about Finance. I understand budgeting and saving, but that's as far as I go with that.
The advice in the book seems sound to me, at least the parts that I understand. It boils down to:
1. Live on 70% of your income.
2. Save 10% of your income.
3. Use the remaining 20% to pay off your debts.
Sound financial advice.
Then it tries to get into investing. I just don't get it. The story in the book is about a man giving a shield-maker money for his business and the shield-maker pays him back with interest. I can't translate that into modern times. Oh, I know it's something about investing, but I'm so vague about how that works that I'm just left scratching my head, wondering where I can find an honest shield-maker.
The format worked well for me. I was getting a little bit of a story along with my Financial Advice, so that made it easier. "A spoonful of sugar helps the medicine go down" kind of thing.
I did get tired of all the "Thee" and "Thou." Maybe I'm wrong, but that's just King James English, right? I don't really think that's how ancient Babylonians talked. Just write "your" and be done with it. I guess it was supposed to give this a "wisdom of the ancients" kind of feeling, but it just irritated me.
At 140 pages, this will probably be the shortest, easiest book you will ever read about money matters. If you're looking for monetary advice (I wasn't--I don't know why my co-worker shoved this at me), this is a good place to start.
Written in a format that leaves me wondering whether to classify this as fiction or non-fiction, The Richest Man in Babylon uses the framework of established Babylonian men telling stories about how they gained their hard-won financial wisdom. The book is short and surprisingly readable for someone who doesn't understand much about Finance. I understand budgeting and saving, but that's as far as I go with that.
The advice in the book seems sound to me, at least the parts that I understand. It boils down to:
1. Live on 70% of your income.
2. Save 10% of your income.
3. Use the remaining 20% to pay off your debts.
Sound financial advice.
Then it tries to get into investing. I just don't get it. The story in the book is about a man giving a shield-maker money for his business and the shield-maker pays him back with interest. I can't translate that into modern times. Oh, I know it's something about investing, but I'm so vague about how that works that I'm just left scratching my head, wondering where I can find an honest shield-maker.
The format worked well for me. I was getting a little bit of a story along with my Financial Advice, so that made it easier. "A spoonful of sugar helps the medicine go down" kind of thing.
I did get tired of all the "Thee" and "Thou." Maybe I'm wrong, but that's just King James English, right? I don't really think that's how ancient Babylonians talked. Just write "your" and be done with it. I guess it was supposed to give this a "wisdom of the ancients" kind of feeling, but it just irritated me.
At 140 pages, this will probably be the shortest, easiest book you will ever read about money matters. If you're looking for monetary advice (I wasn't--I don't know why my co-worker shoved this at me), this is a good place to start.
oksi_9en's review against another edition
hopeful
informative
inspiring
lighthearted
fast-paced
3.75
zerkleoflife's review against another edition
hopeful
inspiring
medium-paced
2.5
It was good, but really repetitive. The last 40ish pages were a chore to get through.