Episode description

In this episode, Jeff and Kevin discuss the timeless financial lessons from 'The Richest Man in Babylon,' a book filled with parables that teach essential principles of wealth building. They explore the story of Arkad, the richest man in Babylon, and his friends who seek financial wisdom. The conversation delves into the seven cures for a lean purse and the five laws of gold, emphasizing the importance of saving, investing wisely, and being prepared for opportunities. The hosts highlight the relevance of these lessons in today's financial landscape and the significance of luck as a product of preparation.

Chapters

00:00

Introduction to The Richest Man in Babylon

02:08

The Story of Arkad and His Friends

05:11

The Seven Cures for a Lean Purse

13:59

The Five Laws of Gold

16:53

Putting Money to Work

23:01

Luck and Preparation in Wealth Building