personal finance

I often give this book out as a gift whenever a person younger than me asks for my advice on money. I always present this book to them saying "if you read it and do as it says, it will work magic." It really contains excellent, time tested advice, and would make a good gift for someone in their early 20s who is on their own for the first time, and struggling.

The book is a series of parables about money written in the 1920s by George Clason. They were written as individual essays of a few thousand words, but the theme throughout them is consistent -- save 10% of your money, give 10% away, use 10% to reduce your debt load, and live on the remaining 70%.

The stories in the book are entertaining; they are reminiscent of some of the parables in the Bible, such as the Prodigal Son or the story of the Workers in the Vineyard. I think this is intentional on the part of the author; certainly readers in the 1920s had an appreciation for "old fashioned stories with a moral" that people today seem to have lost. I enjoy the book greatly, though, and any thoughtful person who reads the book should find it interesting, especially if they are trying to get their finances in order.

Excellent-should be required reading for all! *****

This is an excellent book. I read it back in 1998, what a pity I hadn't found it when I had FIRST started to work! It verbalises what one needs to be aware of in the management of finances. In other words it tells you HOW to acquire AND KEEP wealth!

I immediately streamlined my finances upon reading this book (completed within 3 hours). I have not looked back since!

It was a life altering moment. I am now and have been debt free with assets and savings for retirement! [Which I am still doing] I am following the plan rigorously.

Life's lessons " Help your friend in such a way that his burden does not become your own!" This little parable ahs helped me a thousand fold! " Life is good do not be afraid to spend and live niggardly" Just a *couple* of the POWERFUL stories and statements that are packed in this book.

I now give copies as Christmas gifts and wedding presents. Unlike many recent advertising marvels, this book has SOLID information that you can use IMMEDIATELY to acquire wealth!
Additionally, it has good morals and values to live by.

I read it at least once a year to keep me focused.

This one of those gems that can change your life and make you wonder...what was I doing before I was exposed to this?

BUY the book! It is money well spent.

The book is just 144 pages long - I read it in 2 hours. But it took me a couple of days to let all the timeless information sink in.

I especially liked the 2nd story and the three rules it lays down:
- Live upon less than you earn and save atleast one tenth of what you earn for yourself.
- Seek the advice of wise men whose daily work is handling of money.
- Learn to make gold work for you.

These three lessons are given in a story and that makes it easier for the lessons to sink in. The other 9 stories are also interesting but the second story alone is worth more than the entire book.

The cover of the book which I have says "more than two million copies sold," and I am sure this small book has made those two million people - smart and rich.