- The Ipon Challenge
- Posts
- đ Old Book, Timeless Lessons: What Babylon Taught Me About Money
đ Old Book, Timeless Lessons: What Babylon Taught Me About Money
How a 1930s book taught me that money doesnât reward brilliance. It rewards discipline.

Happy Monday! I hope you are all safe and dry from the past typhoons. From someone living in Cebu, I know Itâs been a rough week for all of us.
Without further ado, letâs talk about this weekâs topic.
I first read The Richest Man in Babylon during the pandemic when I was in third year college. It was one of those books that found me at the right timeâ a broke college kid whose future felt foggy, and I was trying to make sense of how adults actually build wealth. Itâs short, written like a collection of parables set in ancient Babylon, but what struck me was how practical it felt.

Source: Kobo
Thatâs why I wanted to revisit it now. The lessons are old, but they still apply to us.
In todayâs edition, weâll go over:
4 timeless from the book, The Richest Man in Babylon by George S. Clason
TLDR;
The Bottom Line
The Richest Man in Babylon is a timeless book about how ordinary people can build wealth through discipline.
The four lessons that still hold up today: pay yourself first, make your money work, protect it from loss, and keep improving your ability to earn.
The message is simple but not easy. Wealth is about small, consistent choices done long enough to matter.
The content
1. Start Thy Purse to Fattening
This is the first and most famous lesson: save at least ten percent of everything you earn. Itâs simple to the point of clichĂ©, but the truth is most people still donât do it.
What I love about how Clason writes it is that itâs not framed as self-denial. Youâre not supposed to deprive yourself. Youâre supposed to pay yourself first. That shift in mindset makes the difference.
When I first tried this, I realized how automatic my spending was. Money came in, money went out. Saving ten percent made me more awareânot just of how much I was earning, but how quickly I let go of it. That awareness alone changed how I treated money.
2. Make Thy Gold Multiply

Photo by Angie Reyes: https://www.pexels.com/photo/philippine-money-on-black-surface-6921969/
This is where Clason introduces the idea of making your money work for you. Itâs the foundation of investing. If your coins are idle, he says, they earn you nothing. But if you lend or invest them wisely, they begin to âworkâ and create more coins.
In modern terms, itâs compounding. In a world where everyone wants instant results, this book reminds you that wealth grows quietly, over time, while you keep showing up to earn and save consistently.
3. Guard Thy Treasures from Loss
Clason warns against chasing quick gains or putting money into things you donât understand. In ancient Babylon, that meant bad business deals. For us, itâs those social media âget-rich-quickâ schemes or even crypto you donât fully understand. With AI vamping up investment and financial scams, this lesson feels more pressing at this point in time.
Trust isnât a strategy. Understanding is. Thatâs what Clason meant when he said wisdom protects wealth better than luck.
4. Increase Thy Ability to Earn
This one is my favorite. Itâs the most underrated principle in the book. While everyone else focuses on saving and investing, Clason reminds you that your biggest wealth-building tool is yourself.
You can only save so much from a small income. So instead of obsessing over cutting expenses, start thinking about how to earn more. Learn a skill, improve your craft, look for better opportunities.
This doesnât automatically mean hustle culture. The book frames it as building your âearning abilityâ because no matter how much you lose, the skills you develop stay with you. Thatâs the real safety net.
Final Thoughts
The Richest Man in Babylon is often dismissed as âtoo simple.â And maybe it is. But thatâs what makes it powerful. It just tells you the truth: earn more, save a part of what you earn, make it grow, and donât lose it to greed.
This book reminds you that money doesnât reward brilliance. It rewards discipline. And that wealth isnât reserved for the extraordinary. Itâs available to anyone who can be consistent long enough to build it.
Stuff Worth Sharing
The Link Lowdown
The Richest Man in Babylon by George S. Clason [Audiobook] - self-explanatory.
