GEORGE CLASON: THE CAPTAIN WHO LIVES FOREVER 3

Today, we travel to The United States of America to visit a superhero that teaches us financial freedom based on principles from ancient Babylon.

Let me introduce you to George Clason.

George Samuel Clason (November 7, 1874 – April 7, 1957) was an American author. He is most associated with his book The Richest Man in Babylon which was first published in 1926.

George S. Clason was born in Louisiana, Missouri.

He attended the University of Nebraska. He served in the United States Army during the Spanish–American War.

Clason started two companies, the Clason Map Company of Denver Colorado and the Clason Publishing Company. The Clason Map Company was the first to publish a road atlas of the United States and Canada, and did not survive the Great Depression.

George Clason is best known for writing a series of informational pamphlets about being thrifty and how to achieve financial success.

He started writing the pamphlets in 1926, using parables that were set in ancient Babylon.
Banks and insurance companies began to distribute the parables, and the most famous ones were compiled into the book The Richest Man in Babylon - The Success Secrets of the Ancients.

He is credited with coining the phrase, "Pay yourself first"

One of the key phrases stated in the book is: Our prosperity as a nation depends upon the personal financial prosperity of each of us as individuals.

Adam Smith also buttresses the point above when he defined Economics as the study of the wealth of Nations.

For example, there are only 1,826 billionaires in the world.

However, the USA has 536 billionaires, China 251, United Kingdom and Germany 120, India 84, Russia 77, Hong Kong 55, France 47, Canada and Italy 39, Taiwan 33, Turkey 32 and Brazil 31.

Let’s compare this statistics with the billionaires in Africa. The numbers include: Egypt 8 billionaires, South Africa 7, Nigeria 5, Morocco 3, Tanzania 2, Algeria, Angola, Swaziland and Uganda all have 1 billionaire each.

My summation is that a country is as wealthy as the rich and educated people contributing gainfully to the economy.

Back to the Richest Man in Babylon, Money is plentiful for those who understand the simple rules of its acquisition.

The rule of being wealthy includes:
1.    Start thy purse to fattening (Save 10% of what you earn – Pay yourself first)
2.    Control your expenditure
3.    Make your money (gold) multiply
4.    Guard your treasures from loss
5.    Make of thy dwelling a profitable investment
6.    Insure a future income and
7.    Increase thy ability to earn

My Conclusion: George has left us with a gift of financial prosperity. All we can do to become the richest in our own stead is to read this book.

A must read for everyone who wants to be financially free.


Culled from Wikipedia and www.ccsales.com.

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