Financial Planning Tips – A Recollection of Ancient Wisdom

Ancient Wisdom for Modern Finances

Inspired by The Richest Man in Babylon by George S. Clason, this article shares timeless financial lessons that remain relevant today—no matter your profession or income level.
The Seven Cures for a Lean Purse
  • Start Saving - Begin by saving at least 10% of your income
  • Control Your Spending - Differentiate between needs and wants
  • Make Your Money Work for You - Invest your savings
  • Protect Your Wealth - Avoid risky ventures like gambling or unregulated schemes
  • Invest in a Home - Own your residence if possible, property is a long-term investment
  • Prepare for the Unexpected - Set aside money for emergencies and consider insurance to protect your future income
  • Increase Your Earning Potential - Continue learning and upskilling
These ancient principles are simple, but powerful. Follow them consistently and you’ll build a strong financial foundation—one that can weather any storm.

"Formal education will earn you a living, but self-education will earn you a fortune." — George S. Clason
wpChatIcon
wpChatIcon
Skip to content