Financial advice from The Richest Man in Babylon (by George S Clason):
Invest in yourself. Those eager to grasp opportunities for their betterment, attract the interest of the goddess of fortune. She is ever anxious to help those who please her. And who is she pleased with? She is pleased with those who do – rather than those who merely talk and engage in wishful thinking. Action will lead you to the successes you desire.
Pay yourself first. If you have not acquired more than a bare existence in the years since we were youths, it is because you either have failed to learn the laws that govern the building of wealth, or else you do not observe them. A part of all you earn is yours to keep. It should be not less than a tenth no matter how little you earn. It can be as much more as you can afford.
Make your money work for you. Make thy gold multiply. Gold labours diligently and contentedly for the wise owner who finds it profitable employment. Put each coin to work so that it may reproduce its kind even as the flocks of the field and help bring to you a stream of wealth that will flow constantly into your purse.
Avoid unnecessary risk. Gold clings to the protection of the cautious owner. Gold slips away from the man who invests it in business or purposes with which he is not familiar. Gold flees the man who would force it to impossible earnings or who follows the advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.
Live below your means. Control thy expenditures. Gold comes gladly and in increasing quantity to any man who will put by not less than one-tenth of his earnings to create an estate for his future and that of his family.
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