Hello and welcome to my Financial Planning blog which was inspired by the book “The Richest Man In Babylon” by George S. Clason. I read this book for the 1st time as teenager in the eighties. It has become one of the most influential books in my life and one I most often recommend to people looking to get a better understanding of wealth creation. I especially recommend young people to read this book so they can get a head-start in wealth creation.
The topics that will be covered in this blog will be the same as the “Seven Cures For a Lean Purse” as covered in the book:
“The First Cure- Start thy purse to fattening”— (Savings)
“The Second Cure-Control thy expenditures”—(Budgeting)
“The third Cure- Make thy gold multiply” —- (Investing)
“The Fourth Cure- Guard thy treasure from loss” ( Financial Planning Advice From Experts)
“The Fifth Cure-Make thy dwelling a profitable investment” (Homeownership)
“The Sixth Cure-Insure a Future Income” (Life Insurance)
“The Seventh Cure- Increase thy ability to earn” ( Self Improvement, Entrepreneurship)
I hope the information and resources you find here will help you on your path to wealth and financial independence.
Hank Wilson CFP, ChFC, CLU, AAI, LUTCF