Money is plentiful for those who understand the 7 simple rules of its acquisition.

#1) Start saving.

#2) Control your expenditures.

#3) Guard your money from loss.

#4) Safely earn money on your money.

#5) Make your home a profitable investment.

#6) Insure a future income.

#7) Increase your ability to earn more money.


The Five Laws of Money.

#1) Money comes in increasing quantity to any person who will set aside not less than 10% of their earnings to create an estate for their future and that of their family.

#2) Money grows diligently and contently for the wise owner who finds for it profitable, safe and reliable investments.

#3) Money stays with the cautious owner who invests it under the advice of those wise in its handling.

#4) Money slips away from the person who invests it in businesses or purposes with which he is not familar or which are not appoved by those skilled in its keep.

#5) Money flees from the person who would force it to impossible earnings or who follows the alluring advice of tricksters and schemers or who trusts it to their own inexperience and romantic desires for investments.

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

Shamelessly bumping this to the top of the message board AND gratuitously hot linking to a hot winking babe....





...for the express purpose of keeping Kiplinger posters away from here.

They are the "classic" daytraders playing stocks like a flea market swap meet with YOUR money!

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

Here is a very good PDF book called "The Mystery of Banking" by Murray N. Rothbard:

mises.org/mysteryofbanking/mysteryofbanking.pdf

If you want to learn about money, this is a must read.

Did you read "The richest man from Babylon?" It's a great book with great and simple advice to take and great stories to make you understand money better.

Where did you get these? I'm assuming you didn't just make them up.

I would like to know where they came from as well. I agree with them 100% unfortunately a lot of the world, and especially America, goes against them all completely.

cipixul, hit the nail on the head!

Those simple financial truths came from the book,
The Richest Man in Babylon.

It's too bad the United States gubment doesn't understand how money works.

Here's USA gubment finance in three (3) easy steps:

#1) Tax and spend more money than you receive;

#2) Borrow more money to pay for your excess spending;

#3) Print more money to pay the interest on your debt.

Repeat, ad nauseam.

Then they wonder why their money isn't worth the paper it's printed on!

__________________
Gary Spicuzza, *SAFE
Copyright 1956.
No Rights Reserved.
*Self Appointed Financial Expert

As I see your inspiration is mainly the book "the richest man in Babylon"(great book btw) but I'd like to get a confirmation aswell

Thanks for these nice rules

Read "The Millionaire next door" if you want to know how saving is so crucial.