These stories were first introduced as a series of pamphlets distributed by U.S. banks and insurance companies in 1920–1924; the pamphlets were bound together and later published as a book in 1926. The parables are told by a fictional Babylonian character called Arkad, a poor scribe who became the "richest man in Babylon". Included in Arkad's advice are the "Seven Cures", and the "Five Laws of Gold". A core part of Arkad's advice is around "paying yourself first", "living within your means", "investing in what you know", the importance of "long-term saving", and "home ownership". The Richest Man in Babylon is George S. Clason's classic financial and motivational guide that has lead generations to personal and monetary success. Invaluable lessons of finance are relayed through legendary tales set in ancient Babylon. Learn how to acquire money, keep it, and put it to work to make more money for you. It's one of the bestselling financial books of all time, having sold millions of copies, and now you can put it to work for you.
George Samuel Clason was an American author. He is most associated with his book The Richest Man in Babylon which was first published in 1926. Clason started two companies, the Clason Map Company of Denver, Colorado, and the Clason Publishing Company. The Clason Map Company was the first to publish a road atlas of the United States and Canada, but did not survive the Great Depression. George Clason is best known for writing a series of informational pamphlets about being thrifty and how to achieve financial success. He started writing the pamphlets in 1926, using parables that were set in ancient Babylon. Banks and insurance companies began to distribute the parables, and the most famous ones were compiled into the book The Richest Man in Babylon - The Success Secrets of the Ancients. He is credited with coining the phrase, "Pay yourself first".
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