The Richest Man In Babylon by George S. Clason
This book was published in 1926 and as far as I can tell, it was the first popular book on personal finance.
Usually, I’m not into parables. But this is a great book. It’s the only parable that I’ve read that makes the message of the book even more powerful.
What it comes down to is this: Rich people are rich because they save their money, don’t get in debt, and don’t spend their money foolishly.
Clason recommends to save 10% of your income (I believe you should save 50% — more on that later). He calls saving “paying yourself first.” That’s an important mindset.
You only get rich by paying yourself. Don’t foolishly spend all your money on things you don’t need. When you do that, you pay others, not yourself.
Everyone should read The Richest Man In Babylon — the earlier the better.
Download the book on the formula pdf :
https://www.jamiiforums.com/attachments/the-richest-man-in-babylon-1-pdf.706389/