Today, I re-read this amazing book on Personal Finance.
Here are the key lessons and quotes I’d like to share from the book:
- Save 10% of your income for yourself.
- Spend 70% of your income on your needs, and don’t overspend!
- Use 20% of your income to pay off your debts.
… the soul of a free man looks at life as a series of problems to be solved and solves them,
while the soul of a slave whines, “What can I do who am but a slave?”
Where the Determination is, the way can be found
The hungrier one becomes, the clearer one’s mind works – also the more sensitive one becomes to the odors of food
Source
- Chapter 8: The Camel Trader of Babylon
- Chapter 9: The Clay Tablets from Babylon