Category Archives: Personal Finance

The Richest Man In Babylon

Title: The Richest Man In Babylon

Author: George S. Clason

Rating: Good

Reason for Reading: This is from our personal library.  I purchased this book for just 10 cents at a used book store.

Summary: The book is a compilation of separate writings the author prepared for banks and financial institutions in the early 20th Century.  Each chapter is a story all unto itself, but some of the characters appear in more than one or are referred to by other characters.

As the title indicates, the stories are set in ancient Babylon, which is described as a city of great wealth and knowledge.  Many of the chapters revolve around Arkad, who is described as the richest man in the community, as he shares his knowledge of money with others.

The language used is similar to what you might read from the King James Version of the Bible, or from Shakespeare.  Don’t let that worry you.  There isn’t anything here you can’t understand.  Money is often referred to as “coins”, banks as “moneylenders”, and those in debt are sometimes slaves.

The author is using a historical setting to teach simple truths about money and finances that have survived the test of time.  The parallels to modern life are not hard for the reader to draw.

Review: For me, this is a classic, a must read, and on my list of books to read at least once a year.  It is a quick and easy pick up to have in your pocket while you are heading out to a place where you might read for a few minutes here or there.  If you sit down to read it from front to back, it won’t take you long.  And because each chapter is a separate story, don’t worry about losing your place.

The truths contained within are simple and common sense, but you won’t be bored in reading it.  The setting, the phraseology, the characters are rich with colors and flavors that will make learning fun.  And the truths will help you with everything from day-to-day tasks like the importance of budgeting your expenses, to long term goals like purchasing a home or preparing for leaving your estate to your family.

I highly recommend The Richest Man in Babylon to everyone who wants to know how money works and how the decisions they make will affect their financial destiny.

Devon

Other resources: None

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Filed under Frugal Living, Money, Personal Finance

Tithing by Douglas Leblanc

Title: Tithing Test Me in This

Author: Douglas Leblanc

Rating: Good for you if…

Reason for Reading: I received this book as a part of the BookSneeze program by Thomas Nelson publishers. I chose it over other books, because I’m a person who tithes and I wanted to read others’ views of tithing.

Summary: The book Tithing is a religious journalist’s view of the ancient practice of tithing. Through the stories of many people across the country, Leblanc tells the benefits of tithing. He uses real-life examples of people associated (or formerly associated) with the Episcopal Church to bring a face to tithing.

Leblanc uses the stories of these people to encourage the reader to return to the “ancient practice of tithing.” The concepts of living simply and being generous are thoroughly discussed as well.

Review: As a practicing tither, I was excited by the possibilities presented in a book dedicated to the subject.

Though the book is interesting and fairly easy to read, it deals more with the politics of the Episcopal Church than tithing. Many of the biographies and anecdotes in the book don’t even mention tithe or giving.

Unfortunately, I was bogged down enough by the church politics and so distracted by the numerous off-topic anecdotes that after 3 hours of reading over half of the book, I couldn’t finish. The author gave a good effort, but the result fell far short of my hopes.

This book is good for you if…you are interested in Episcopal views of tithing, or just want to read various random people’s thoughts on tithing and giving.

Disclosure of Material Connection: I received this book free from Thomas Nelson Publishers as part of their BookSneeze.com <http://BookSneeze.com> book review bloggers program. I was not required to write a positive review. The opinions I have expressed are my own. I am disclosing this in accordance with the Federal Trade Commission’s 16 CFR, Part 255 <http://www.access.gpo.gov/nara/cfr/waisidx_03/16cfr255_03.html> : “Guides Concerning the Use of Endorsements and Testimonials in Advertising.”

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Filed under Christian Growth, Christian Living, Money, Personal Finance