A review by tyresius
The Richest Man in Babylon by George S. Clason

4.0

This book was great! It gives you a bunch of great maxims to live by in order to grow your wealth.

While it doesn't provide a ton of actionable steps (invest in index funds instead of individual stocks), it does provide a great many actionable principles (keep one tenth of every dollar you make) although it doesn't suggest how you might structure that in terms of bank accounts.

This is both a weakness and a strength of the book. Strength because it provides the most basic of principles, with supporting stories/allegories/parables, all of which are timeless. This book will be just as applicable in 150 years as it is today. Period. However, it's a weakness because it does not provide information on how someone might actually enact the principles expounded in the book.

I would recommend this book to anyone who thinks that money is hard or that books about money are boring or dry. This book proves that it's really simple to grow your wealth. However, if you are like I was several months ago, where you have the broad strokes of the principles but you need to figure out how to manage your spending, then this book is probably not for you. You would almost certainly be better served by reading "Total Money Makeover" by Dave Ramsey, or listening to the Listen Money Matters podcast (or a wide variety of other resources).