In this episode, Jeff and Kevin discuss the timeless financial lessons from 'The Richest Man in Babylon,' a book filled with parables that teach essential principles of wealth building. They explore the story of Arkad, the richest man in Babylon, and his friends who seek financial wisdom. The conversation delves into the seven cures for a lean purse and the five laws of gold, emphasizing the importance of saving, investing wisely, and being prepared for opportunities. The hosts highlight the relevance of these lessons in today's financial landscape and the significance of luck as a product of preparation.
Chapters
00:00
Introduction to The Richest Man in Babylon
02:08
The Story of Arkad and His Friends
05:11
The Seven Cures for a Lean Purse
13:59
The Five Laws of Gold
16:53
Putting Money to Work
23:01
Luck and Preparation in Wealth Building
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