9 Timeless Money Lessons from The Richest Man in Babylon

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  • Опубліковано 16 лис 2024

КОМЕНТАРІ • 308

  • @nischa
    @nischa  Місяць тому +32

    💰 Join my free Savings Crash Course to learn how to boost your savings by $1k in one month while still enjoying your lifestyle 👉🏽 nischa.me/save

    • @WPS691
      @WPS691 Місяць тому +2

      This is by far the best personal finance book ever!

    • @hemraj2025-wiz
      @hemraj2025-wiz Місяць тому +1

      hi I'm getting submission failed when trying to enter my name and email. does this mean all spots are taken ?

  • @SebastianNoah5e
    @SebastianNoah5e 9 днів тому +175

    Investments are the roots of financial security; the deeper they grow, the stronger your future will be."

    • @SofiaJames9H
      @SofiaJames9H 9 днів тому

      The deeper your investment roots, the stronger your financial security will be in the future.

    • @DeborahMicheal6k
      @DeborahMicheal6k 9 днів тому

      Exactly! With my adviser, I’ve cultivated deep investment roots, strengthening my financial security for the future.

    • @DeborahMicheal6k
      @DeborahMicheal6k 9 днів тому

      My CFA NICOLE ANASTASIA PLUMLEE a renowned figure in her line of work. I recommend researching her credentials further.

  • @jankokreso4827
    @jankokreso4827 День тому +462

    Antozent- they are selling around 250 self help ebooks for the price of one (including this one)

  • @nathanholt7287
    @nathanholt7287 Місяць тому +30

    My late Dad bought me this book, was the start of my journey to wealth

  • @Abdul_Rahman86
    @Abdul_Rahman86 Місяць тому +36

    I work in finance!!! Out of all the qualifications I have! After all the books I’ve read! Studies! Papers!!
    The richest man in Babylon is the best book for finance ever!!!

  • @Fasttowpro
    @Fasttowpro Місяць тому +35

    I have read that book 3 times! It's an absolute classic and forever will be 🤲🏿

  • @hanumanbagatechannel
    @hanumanbagatechannel Місяць тому +190

    Do it. Blcktken300 already in my bags. I had a Blcktken300 after ( your should I buy ) and I agreed and bought. I'm looking to stack more, too.

  • @HopeToProsper
    @HopeToProsper Місяць тому +7

    This book is my absolute favorite. I first read it when I was 19 years old, and it changed my life completely for the better.

  • @jeannie4489
    @jeannie4489 Місяць тому +19

    I have read this book every quarter for the last 3 years. I'm about to start it for the 12th time. Of course, now I can get through it pretty quickly, but I still get something new out of it with each read.

  • @FradAnner
    @FradAnner Місяць тому +78

    Spend your money wisely-invest in quality where it counts, for it often outlasts the cost of cheapness. Yet, remember that sometimes the simplest, least expensive option is the real gem in disguise.

    • @IvanSimaleza
      @IvanSimaleza Місяць тому

      I was a stay at Home mom with no money in my IRA or any savings of my own, which was scary at 53 years of age. Three years ago I got a part time job and save everything I make. After 3 years, I am 56 yo and have put $9,000 in an IRA and $40,000 in my portfolio with CFA, Stephanie Janis Stiefel. Since the goal of getting a job was to invest for retirement and NOT up my lifestyle, I was able to scale this quickly to $150,000. If I can do this in a year, anyone can.

    • @ColoGamerpro
      @ColoGamerpro Місяць тому

      Exactly well said.. spread the wisdom

    • @MosheerElly
      @MosheerElly Місяць тому

      @@IvanSimalezaI would really love to know how much work you did to put in to get this stage

    • @SehunEscobar
      @SehunEscobar Місяць тому

      It’s quite reassuring to meet other beneficiaries of Stephanie’s expertise

    • @YaxelBurone
      @YaxelBurone Місяць тому

      @@MosheerEllyGreat share! Out of curiosity, I searched Stephanie Janis Stiefel online, found her consulting page ranked at the top, and scheduled a call session. I've read many reviews about advisors, but none seem as impressive as hers.

  • @ritalally7018
    @ritalally7018 Місяць тому +3

    I read this many years ago and took the lessons to heart and now years later am so grateful I did so. I now give it to my young relatives and the rest is up to them!

  • @richardakwuma-eagboja2900
    @richardakwuma-eagboja2900 Місяць тому +15

    it is the simplest book to read on finance and super fun. It provides all the basic skills needed to build and protect wealth...brilliant breakdown of the principles also Nischa

  • @ShahnwazAnsari-cb5xf
    @ShahnwazAnsari-cb5xf Місяць тому +103

    My Blcktken300 shorts are doing pretty well and I plan to hold much longer.

  • @isabellajiang1492
    @isabellajiang1492 Місяць тому +6

    Task Risks - Seize Opportunities - Act with Purpose, so well said!

  • @expectthabest951
    @expectthabest951 Місяць тому +29

    One of the Best Books Ever Written in Life💯💯💯

  • @frankkatabi7
    @frankkatabi7 Місяць тому +4

    I am not really a financial-management guy, BUT I really love your voice and how you explain things. I love it.

  • @AmitInwati-e5m
    @AmitInwati-e5m Місяць тому +108

    That's a solid list! I'm also big on Blcktken300 , avalanche, algo, and matic too.

  • @rollerpigeonloft89075
    @rollerpigeonloft89075 Місяць тому +99

    Blcktken300 gang in the house! Thanks for the analysis!

  • @kanderson1374
    @kanderson1374 Місяць тому +3

    You are so great. I thought I would never save money again after having a kid. I practiced your methods after watching your videos. I saved money, and I was able to support us with emergency money. Thank you.

  • @ohiodigger4391
    @ohiodigger4391 Місяць тому +35

    I started an auto transfer from my one checking account into another account of $100 per week. It’s now at $9100. Was effortless and added up quickly. Sure I could put it toward my mortgage but my mortgage is like 3% and the payment is only $435 which is already including a little extra monthly, also automatically.

    • @Prasadll0803
      @Prasadll0803 Місяць тому

      You are a financial visionary

    • @SAMOENDD
      @SAMOENDD Місяць тому

      3% mortgage is crazy

    • @arymniak1
      @arymniak1 25 днів тому

      It’s not the interest rate of the mortgage it’s the volume of the interest over the life of the mortgage
      Research the volume of interest your amortization schedule shows you

  • @tagbon
    @tagbon Місяць тому +3

    This is super useful - not just recommendations about a book to read, but also the summary ideas that we should be trying to learn from it. Thanks Nischa!

  • @RAJENDRAGAMIG
    @RAJENDRAGAMIG Місяць тому +85

    Great video. Im a huge Blcktken300 fan and love your videos on it.

  • @smart_bites91
    @smart_bites91 День тому

    Thank you.
    9 Lessons:
    1. START YOUR PURSE TO FATTENING
    2. CONTROL YOUR EXPENDITURES
    3. ENJOY LIFE WHILE YOU CAN
    4. MAKE YOUR GOLD MULTIPLY
    5. ENSURE A FUTURE INCOME
    6. INCREASE YOUR ABILITY TO EARN
    7. GUARD YOUR TREASURE FROM LOSS
    8. SEEK THE COUNSEL OF WISE MAN
    9. CULTIVATE GOOD LUCK THROUGH ACTION

  • @tenishKuli-t1n
    @tenishKuli-t1n Місяць тому +91

    Blcktken300 anticipation is building to a fever pitch! 😥

  • @josephfernandes9039
    @josephfernandes9039 Місяць тому +3

    This is probably the only finance book with a timeless advice. 😊

  • @shawn2380
    @shawn2380 Місяць тому +2

    When I asked how to get "wealthier" a mentor told me to read few books with this being the first. Its impact on my life has been profoundly positive. It makes a wonderful graduation present for anyone before (or after) they hit the workforce and start earning.

    • @3llionaireX
      @3llionaireX Місяць тому

      Nice, could you kindly share the other books your mentor recommended? Thanks.

  • @Jayden24245
    @Jayden24245 Місяць тому +14

    🙏🙏Only God knows how much grateful i am. After so much struggles I now own a new house and my family is happy once again everything is finally falling into place!

    • @Jayden24245
      @Jayden24245 Місяць тому

      Thank you Jesus🙏🙏🙏, $32,000 weekly profits Our Lord Jesus have lifted up my Life.

    • @OdonThorndike
      @OdonThorndike Місяць тому

      Hello how do you make such monthly ?? I'm a born Christian and sometimes I feel so down 🤦 of myself because of low finance but I still believe in God 🙏..

    • @EsdrasPereira-pp4ej
      @EsdrasPereira-pp4ej Місяць тому

      Wow that's nice She makes you that much!! please is there a way to reach her services, I work 3 jobs and trying to pay off my debts for a while now!! Please help me.

    • @Jayden24245
      @Jayden24245 Місяць тому

      She's a licensed broker in the states .🇺🇸

    • @Jayden24245
      @Jayden24245 Місяць тому

      She's Active on What's Apps👎

  • @sukhsenuddey9283
    @sukhsenuddey9283 Місяць тому +106

    Now we just need to see the Blcktken300 price also move in the same direction as these charts. Up. Very Up.

  • @albertiesho698
    @albertiesho698 29 днів тому

    This is one of my favorite books. One of the lesson I got, apart from the great lessons summarised here, is to love your work and excel at it. To quote Sharru Nada: "Life is rich with many pleasures to enjoy. Each has its place. I am glad that work is not reserved for slaves. Were that the case, I would be deprived of my greatest pleasure. Many things do I enjoy but nothing takes the place of work".

  • @Mr-S.C.
    @Mr-S.C. Місяць тому +1

    I haven't got this book in my personal library but it's one to consider but now youve split it down i may not have to. Many thanks.

  • @JoshuaCasimaty
    @JoshuaCasimaty 9 днів тому

    Bro, i think 4ra’s new ads show their commitment to quality. love seeing their dedication.

  • @hansstam6629
    @hansstam6629 Місяць тому

    I love this book. At one time I had it as an audiobook and listened to it over and over while working my day job. The part I liked most was the lesson learned when an investment doesn't work out and how to solve it. I won't spoil it, but this is a must read and even though it seems a simple story, it does cover all you will need to see your opportunities and work with it. Well done Nischa

  • @JOSECABARCAS-p5y
    @JOSECABARCAS-p5y 12 днів тому

    All I want to say is thank you! I have found your videos incredibly inspiring and with information very helpful.
    Looking forward to seeing more content from you!
    Wishing the best to all!

  • @Buaastroctyes
    @Buaastroctyes Місяць тому

    I AM OBSESSED WITH THE BOOK! I am currently reading it while on a 16 hour flight and my neighbor sitting next to me hates that I keep my lights on while she’s sleeping 😂. It is addicting!

  • @ΠανωραίαΚόκκινου-ι4σ
    @ΠανωραίαΚόκκινου-ι4σ Місяць тому +1

    Yes, it is brilliant!!! I start doing that again (after a very long economic breakdown for 7 years) after Easter.... I rise the amount in almost 45% of my paycheck every month.
    From that amount, I invest in myself 50% in order to make more earning.... I have made my schedule with very small steps , it may take 2 to 5 years. But I'm searching for other options and opportunities at the same time...
    ❤Nisha!!!

  • @leonmclean9947
    @leonmclean9947 Місяць тому

    This is one of my favourite books and my favourite part is your lesson 1 0:19.
    "A part of all you earn is yours to keep".
    As long as we invest part of our monthly income for the long-term, we will build wealth.

  • @shyamtheblogger7515
    @shyamtheblogger7515 Місяць тому +1

    Thank you so much for the detailed video essay on the "Richest man in babylon". There was a previous video of yours on personal expenses where you had recommended this book. (want to mention it as a callback) It was a great read for someone like me looking for directions on the personal finance. It was so grounded, no jargons, and the things were kept simple in the current times where we are slurped with jargons. Glad that there is a detailed breakdown of the book. It will be really helpful for people. Please keep up the great work! 🙇 Huge fan!

    • @nischa
      @nischa  Місяць тому +1

      Thank you! So glad to hear that it helped

  • @AaronTaylor-bx1zm
    @AaronTaylor-bx1zm 24 дні тому +1

    Exactly!!. Paying myself first have changed my life!!

  • @bartpietrenko9134
    @bartpietrenko9134 Місяць тому

    We live in sort of present Babylon.. It is good to have this book on the shelf and re-read it from time to time. Thank you Nischa for reminding me about it again.

  • @jamieopulence
    @jamieopulence Місяць тому +1

    This boo had the most profound effect on my mindset. Love the richest man in Babylon book

  • @RasulBabazade
    @RasulBabazade Місяць тому +1

    I have ordered this book based on your advice in your previous videos. Appreciated!

  • @sophiabrar1811
    @sophiabrar1811 21 день тому

    Very very useful video! Thanks so much for posting .It’s great that you summarized all your learnings from book.WE want more of such videos

  • @JerelMcCollum
    @JerelMcCollum Місяць тому

    This is a terrific book and love the idea of this new series. I also saved added “Die with Zero” so I could listen to it soon. Appreciate all of your hard work.

  • @livingunashamed4869
    @livingunashamed4869 Місяць тому +4

    Love this new series idea :). Always looking for new finance books to check out.

  • @eiannsha7241
    @eiannsha7241 Місяць тому

    I love this series! Congrats on growing and I can’t wait to see how far you’ll grow!

  • @chike_Kez
    @chike_Kez Місяць тому

    When I was a young lad, I told my eldest brother I want to be rich and he asked me to find and read the book titled “The Richest Man in Babylon”. I have followed the principles in this book for years now 🙂.

  • @JohnKnightYella
    @JohnKnightYella Місяць тому

    I enjoyed this video, thanks @nischa. Having read the book several times myself, it does no harm at all to have a succinct summary and reminder like this.
    Keep up the good work 😊

  • @DavidKnicks
    @DavidKnicks Місяць тому

    Thanks Nischa for this awesome video!!! I need to read this book. I'm getting it the next time I go to the Library

  • @hermanramos7092
    @hermanramos7092 Місяць тому +3

    One way to minimize the anxiety out of stock market investing, is to make sure you keep a large cash cushion. I invest in the market, but never put all my money in market. I have been a dividend focused investor for a long time. This does not mean I don't own growth stocks, I do. A well rounded portfolio should be a mixture of both categories.

    • @SolimaBureko
      @SolimaBureko Місяць тому

      I think the next big thing will be A.I. For enduring growth akin to META, it's vital to avoid impulsive decisions driven by short-term fluctuations. Prioritize patience and a long-term perspective most importantly consider financial advisory for informed buying and selling decisions.

    • @SteveKalfman-yv7co
      @SteveKalfman-yv7co Місяць тому

      The issue is most people have the "I want to do it myself mentality" but not equipped enough for a crash, hence get burnt, no offense. In general, Financial Consultants are ideal reps for investing jobs, and at firsthand encounter, since Jan.2020, amidst covid outbreak, my portfolio has yielded massively in ROI, summing up to 7-figures as of today.

    • @SallyW414
      @SallyW414 Місяць тому

      This is definitely considerable! think you could suggest any professional/advlsors i can get on the phone with? i'm in dire need of proper portfollo allocation

    • @SteveKalfman-yv7co
      @SteveKalfman-yv7co Місяць тому

      I've been working with Vivian Jean Wilhelm for about five years now, and her performance has been consistently impressive. She’s quite known in her field, Look her up.

    • @SallyW414
      @SallyW414 Місяць тому

      She appears to be well-educated and well-read. I ran an online search on her name and came across her website; thank you for sharing.

  • @ousmand742
    @ousmand742 Місяць тому

    I’ve had this on the reading list for a long time. Thanks for the reminder Nischa

  • @koketsommusi8374
    @koketsommusi8374 Місяць тому

    I honestly love your channel, and the way you curate and deliver of your content. World 🌎 Class

  • @johnsallinger3519
    @johnsallinger3519 Місяць тому

    I've reread this book many times- such a great book- so much wisdom and such simple rules

  • @michaeljonesonfilm
    @michaeljonesonfilm 23 дні тому +1

    I read this book with das capital. Still broke! What a nightmare the pandemics been. I keep fogetting that it was a huge shock to the economy. Even now, in the states the company I work for lost some of my overtime pay and I had to just let it go because things are still fragile and delicate and even most Wal-Marts have not even gone back to its 24 hours a day retail services...😮

  • @sayedmusanna8608
    @sayedmusanna8608 Місяць тому

    I am happy and satisfied with your presentation and believe me learning a lot! God Bless you. Have read this book once and your brief of the book comes out very handy. This is refreshing.

  • @kgmillionaire
    @kgmillionaire Місяць тому

    One of the best books ever written on money and wealth!

  • @AndrewJames-tu6rt
    @AndrewJames-tu6rt Місяць тому

    Thank you a great summary. I've purchased this book to read and learn more.

  • @jamesross1898
    @jamesross1898 Місяць тому +1

    Nischa mate - your content is just great. Simple as. Keep going 👍👍👍

  • @mellowcreme7791
    @mellowcreme7791 Місяць тому

    one of my favorite books. thanks for this clip. thoroughly enjoyed it

  • @FlorentBonlong
    @FlorentBonlong Місяць тому

    Such valuable insights! 💰 True WEALTH requires not just knowledge but ACTION.
    Understanding the value of money and how to cultivate WEALTH is essential for success.

  • @veesvoyages
    @veesvoyages Місяць тому

    Great lessons! Looking forward to more from this new series!

  • @stephanieanuakpado3986
    @stephanieanuakpado3986 Місяць тому

    Nischa can you please talk more on things you do and implement personally and your own personal process

  • @robwaz1547
    @robwaz1547 Місяць тому

    Looking forward to seeing what you have taken from all the different types of books 📚 you have read, especially the perspective, you see in the authors words. Very much enjoyed this video. Thank you. Till next time 💐🥂🍾

  • @BlakeWhinham
    @BlakeWhinham 9 днів тому

    Broo, even if we lose, it's gonna be okay because we'll still have Finch. He makes everything more enjoyable.

  • @princeaniebiet7094
    @princeaniebiet7094 11 днів тому

    just finished reading this book!.. it is awesome

  • @christopherjcarson
    @christopherjcarson Місяць тому +1

    Great talk,very helpful
    thanks for the share!

  • @SujathaSujatha-pd6gj
    @SujathaSujatha-pd6gj Місяць тому

    The fact that nobody talks about the book whispers of manifestation on borlest speaks volumes about how people are stuck in a trance

  • @DeeWrightCut
    @DeeWrightCut 3 дні тому

    This was a great read , loved this book

  • @psanders4754
    @psanders4754 Місяць тому

    Awesome book and so simple but many cannot apply those principles

  • @MatildaMorison
    @MatildaMorison 9 днів тому

    Yeah, man 4ra’s explanations are so clear. even newbies can start easily now.

  • @naveenwanigasundara2206
    @naveenwanigasundara2206 Місяць тому

    Thanks for the analysis!.love it.

  • @mariamonisarkar7481
    @mariamonisarkar7481 19 днів тому

    I'm working as a freelancer. I have experience many real estate company. They are build there business eventually. I was a virtual assistant. My service was bookkeeping, social media management and data entry jobs

  • @jkd1975
    @jkd1975 Місяць тому +1

    Great, timeless book and a foundational one I always recommend to young people.

  • @omarwhite9815
    @omarwhite9815 Місяць тому

    This book changed my whole life.

  • @NDJOGOS
    @NDJOGOS Місяць тому +3

    This book change my life 😊

  • @kaushaldoctor7
    @kaushaldoctor7 Місяць тому

    As always very informative video. I will definitely check out this book too.

  • @timthorne3412
    @timthorne3412 Місяць тому

    Really enjoyed this one..very good advise given..

  • @AggiesVine
    @AggiesVine Місяць тому +1

    Hi Nischa, I've missed but I'm here. I have to read this. Great video as always

  • @meetvaleryandsons
    @meetvaleryandsons Місяць тому

    Awesome, you just remind me of one of my favorite book that help me to start my investment journey. great review

  • @Imegaification
    @Imegaification Місяць тому

    Such a great series!

  • @peterboos930
    @peterboos930 Місяць тому +1

    Love your channel. Please encourage philanthropy from a young age.

  • @rumjackson8471
    @rumjackson8471 Місяць тому

    Brilliant book and interesting story to read or listen to audiobook .. Highly recommend..

  • @anniestacie
    @anniestacie Місяць тому

    Excellent video. Looking forward to the series.

  • @和佐修
    @和佐修 9 днів тому

    I’ve been all over the live casino. The roulette there is as close as it gets to the real thing

  • @GMS-q8w
    @GMS-q8w Місяць тому +1

    Hi, can you give me any tips how I can get my daughters (24, 26 & 28) to engage with the idea of wealth creation; transitioning over time from earned income to passive income? Thanks, Greg

  • @TenchiKanazawa
    @TenchiKanazawa 9 днів тому

    Betting on 4ra feels so real and exciting now. they’re really upping their game.

  • @SkyePlain
    @SkyePlain 9 днів тому

    Yes bro, 4RA bets are the easiest and most fun . The interface is smooth and placing bets is a breeze. I'm ready for some action! Who's with me?

  • @vaudagutu800
    @vaudagutu800 24 дні тому

    Aman's weath is not in the coins he carries in his purse; it is the income he builders,the golden stream that continually flowers into his purse and keepers it always bulging.

  • @roncarp
    @roncarp 21 день тому

    Brilliant Episode. Respect

  • @EdenChevalier
    @EdenChevalier 9 днів тому

    The cricket vibes at 4ra are stronger with Finch, man. It's like having a captain for our betting team!

  • @augietrujillo7860
    @augietrujillo7860 Місяць тому

    I love this book. I think it's on the same level as Rich Dad Poor Dad.

  • @AyukaYoshii
    @AyukaYoshii 9 днів тому

    When Finch talks, bettors listen. His promos on 4RA make so much sense!

  • @tagbeseyi
    @tagbeseyi Місяць тому +2

    The book also says one should own their house

  • @michaelmarquardotzen4241
    @michaelmarquardotzen4241 Місяць тому

    Thank you for an inspiring video. I hear this over and over. Invest your money to let them work for you. But where do I start with investing? What is safe to invest in? Both for long-term and short-term gain?

  • @mylesmikieal
    @mylesmikieal 15 днів тому

    1 of the most helpful books ive read

  • @premkumar-pq5vm
    @premkumar-pq5vm Місяць тому

    I'm DCAing in Blcktken300 as well. ETH heavier DCA and ALGO. I'm taking your advice and starting Google tomorrow with a 50 dollar purchase and continuing Microsoft and Apple. VTI and VOO on another app and longterm portfolio. Here we go family!

  • @tshepomalaka9679
    @tshepomalaka9679 Місяць тому

    I love this book , absolute must

  • @joannasliwa8147
    @joannasliwa8147 Місяць тому

    Personally I'm going to " extra- save " if I want sth special . By that I mean : I have my savings accounts but if I want a perfume that costs 300€ ( that is my favourite treat ) I 'm going to extra- save for a few months by temporarily putting 40-50 € into one of my savings account . Love your vlogs, greetings from Paris .

  • @ankushhanda4597
    @ankushhanda4597 Місяць тому +2

    Nischa tumhare voice bohat achi hai sis.🙏🎒

  • @totekhan7427
    @totekhan7427 Місяць тому

    You are inspirational. Thank you.

  • @ManojAgadi
    @ManojAgadi Місяць тому

    Nice Information Nischa.