5 Core PRINCIPAL OF THE RICHEST MAN IN BABYLON CITY.

It is from a long time ago a man name is arkad living Babylon, it is very kind of person he is used denoted a lot of money and his wealth continued to grow so much that he could not even spend. one day arkad friends ask how did you become a person with so much money?

 Then Arkad told our story it is a long time ago I am inferior and those time I don't have money to spend my necessary expenses, at that time I used to write stones on stones, one day a rich man came to me and gave me the job of writing on stones if you work hard, then I'll give you two copper.

He said that time I do not want to copper you are the wealthy man in Babylon you just give me tips how rich financially so he said you want to follow the 5 principles.

It is a lovely quote by Shakespeare.

"I always feel happy. 

you know why? because I don't expect anything from anyone.  

the expectation is always hurt you"

Pay yourself first: 
                                                                             

 

before you pay the bills, before you purchased anything, before you paid the debt, set a 10% side your portion income. some people spend the income so much that your needs will be fulfilled and whatever happens, we called saving this is a totally wrong habit to save them income, whenever you get the salary always keep 10 per cent of your earnings.   

Control the expenditure: 

There are two types of expenses

• necessary expenses: food, cloth house.

• desire expenses: I-phone, KFC, car, branded clothes, etc.      

 most of the people get the salary they just paid on desire expenses they did not think about saving and end of the month they said I could not do a saving. so its major point to avoid the desire expenses. always spend the money your necessary expenses. 

Make your money multiply : 

If you save your money and control the desire its time to invest in gold, property, shares, mutual fund, bonds etc. and its time to money works for you. and develop the investment habit.

Insurance protects our wealth:

always protect your assets and income next we do not know what will happen to us here is a book encourages protection of principal from loss.

increase the ability to earn:

If you want more money in future you have to improve your skills. learn financial skills like stocks bond, real estate. most of the people are invested in bitcoin they do not have any knowledge and about the bitcoin, they get the loss. always you invest in learning they you think about earning.