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Seven Cures for a Lean Purse

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Seven Cures for a Lean Purse

Last updated: October 31 2014
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  • Seven Cures for a Lean Purse

    This is not directly related to Pune real estate, but I found the following points from a famous book: Richest man in Babylon.

    Seven Cures for a Lean Purse

    1. Start thy purse to fattening
    2. Control thy expenditure
    3. Make thy gold multiply
    4. Guard thy treasures from loss
    5. Make of thy dwelling a profitable investment
    6. Insure a future income
    7. Increase thy ability to earn

    Also,

    5 laws of gold
    1. Gold cometh 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.
    2. Gold laboreth diligently and contentedly for the wise owner who finds for it profitable employment, multiplying even as the flocks of the field.
    3. Gold clingeth to the protection of the cautious owner who invests it under the advice of men wise in its handling.
    4. Gold slippeth away from the man who invests it in businesses or purposes with which he is not familiar or which are not approved by those skilled in its keep.
    5. Gold flees the man who would force it to impossible earnings or who followeth the alluring advice of tricksters and schemers or who trusts it to his own inexperience and romantic desires in investment.

    I recommend people who seek to 'fatten their purse' to read this book. Hardly some 100 pages and it is in format of short stories to get the point across. Would love to read discussions on such books.
    Last edited February 19 2014, 03:06 PM.
  • #2

    #2

    Re : Seven Cures for a Lean Purse

    8 Lessons from the Richest Man in Babylon (On Wealth Building)
    Guide To Becoming Smart About Money (Stop Buying Stuff You Don’t Need!).
    Do visit this site for good articles.
    Gives you an entirely different perspective on money.

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    • #3

      #3

      Re : Seven Cures for a Lean Purse

      @the Truth

      Can u please suggest about Florida river bank in Keshav NagaR. I am planning to buy a flat there.

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      • #4

        #4

        Re : Seven Cures for a Lean Purse

        Originally posted by susheelsharm View Post
        @the Truth

        Can u please suggest about Florida river bank in Keshav NagaR. I am planning to buy a flat there.
        This is a very relevant question.

        Comment

        • #5

          #5

          Re : Seven Cures for a Lean Purse

          ""This is a very relevant question.""
          No doubt it is a relevant question but in the wrong thread.
          This thread gives ideas on --how to cure your/our lean purses so that we have enough money to buy a flat -with least loan.

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          • #6

            #6

            Re : Seven Cures for a Lean Purse

            The way Sensex has shot up those who were invested in equity would definitely not have a lean purse.

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