"The Richest Man In Babylon" is far from a new book. In fact, most of it was published as a series of pamphlets printed in the 1930's and 1940's. But the wisdom and inspiration this book gives is timeless.
Presented as a series of fictional tales about financial life in ancient Babylon, you'll be amazed to discover that the keys to financial success today are no different than they were thousands of years ago.
If you are feeling overwhelmed by debt, please read the chapters entitled "The Clay Tablets of From Babylon" and "The Camel Trader of Babylon." As you'll discover, feeling hopeless about being in debt is nothing new. And the solution is much nearer, and more obvious, than you think.
Written by George S. Clason, you can find "The Richest Man in Babylon" at any good library or bookstore. (It is still in print, but you can easily find used copies for less than half the price of new. See the related post on this blog, Ten Grossly Overpriced Categories.)
Seek, and you will find!
If You Are Feeling Overwhelmed By Debt and Bills, Read This!
To Borrow Or Not To Borrow - The Lowdown on Payday Loans, Personal Loans, Cash Advances, etc.
If you've ever been seriously short of cash, you may have considered a "Payday" or "Quick Cash" loan. Because most of these type of loans don't require a credit check, they can seem an enticing solution. But is this type of loan right for you? Maybe, and maybe not. Consider:
--If you are overdrawn at the bank or getting hit with serious late fees, a Payday loan can occasionally help to bail you out. But discipline is the key. You must be serious about paying it back by the due date or you will get killed by the interest.
--Qualifying for these loans almost always requires a verification of employment. If you don't have a job that issues regular paychecks and can be verified, you're probably out of luck.
--If you have even decent credit, you can probably find a loan with much better terms through more traditional avenues. (See the article on online loans from The Prosper Marketplace elsewhere on this blog.)
--Pawning, or better yet, selling an item is almost always a better idea. Not only do you save the interest, but you don't "owe" anyone anything. And you can likely buy the item back when times are better.
--This blog contains many articles on other ways to raise fast cash without borrowing. It's always best to use Payday loans as a last resort!
