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Chapterwise Summary of the Book "The Richest Man in Babylon"
Have you ever puzzled what it takes to end up the richest character in a legendary city? George S. Clason’s timeless classic, “The Richest Man in Babylon,” presents worthwhile financial expertise via a collection of parables set inside the historic city of Babylon. This ebook is a treasure trove of financial standards that have stood the take a look at of time. Let’s take a…
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People experience a vast range of emotions when it comes to money. In this episode, Brian explains the factors that can inform your attitude to your finances and teaches how to move past these limiting beliefs, build a fortune, and live the good life YOU WILL...
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How to Start and Emergency Fund as an Adult
*** For more tips on how to *adult,* subscribe to https://www.projectadulthood.com/, a weekly newsletter on growing up. Think of it as your instruction manual to adulting :)
Here’s a crazy (bad) stat: 4 in 10 Americans are unable to cover unexpected expenses in a time of crisis. Unfortunately, few countries do any better.
The reason why this is bad can be summed up in two words: things happen. Life can be full of unpleasant surprises. Surprises like coming home one day to find that your roof is leaking or that your job no longer exists. Fortunately, a full-proof solution exists for taking the sting out of these situations: an emergency fund.
How to start an emergency fund
Aim to save 3 to 6 months' expenses
According to most financial advisers, an emergency fund should cover at least 3 to 6 months of living expenses (NOT income), depending on your circumstances.
If your income varies or is uncertain (for example, if you're a freelancer), you may want to opt for a larger emergency fund (9 to 12 months of living expenses).
Living expenses include things like rent or mortgage payments, household bills, food, transport, etc. Basically, anything you need to survive — so no restaurant trips or Netflix. For example, if you need to spend $2,000 a month to cover necessities, you should have at least $6,000 in your emergency fund.
Tip: Take Charge America has a monthly/yearly expenses calculator.
Don't focus on debt repayment at the expense of an emergency fund
While there is plenty of conflicting advice out there as to whether it’s best to pay off your debt first or build an emergency fund, in general, experts recommend doing both, especially if you don’t yet have an emergency budget. Although it may be tempting to pay off your debt(s) as quickly as possible, doing so without an emergency fund in place means that if an emergency — whether that’s a medical bill, a car repair, or something else entirely — does occur, you’ll probably need to borrow again, increasing your debt burden. Instead, a solid strategy is to focus on paying off high-interest debts + making minimum debt payments while at the same time putting aside at least a small amount — even $10 or $20 each month — for your emergency fund until you have $1,000 or more in savings. Slowly build on that until you have a solid savings cushion to fall back on.
Review your income and lifestyle
Apart from debt, people usually find it difficult to save because:
Their salary is too small, or
Their spending is too high.
If your salary is relatively small, see if you can make extra money from a side hustle or make yourself more employable and get a better-paying job (if possible).
If you go with the latter option, make sure to avoid “lifestyle inflation.” To quote George S. Clason’s classic “The Richest Man in Babylon,” “what each of us calls our ‘necessary expenses’ will always grow to equal our incomes unless we protest to the contrary.”
If your spending is too high, take a closer look at your expenses. What are you spending your money on? Is there anything, like alcohol, cigarettes, takeout coffee, junk food, etc., that you can cut out?
Tip: Side Hustle Nation has a list of 100+ side hustle ideas to make $500 in your spare time
Set monthly savings goals
Whether that’s 15% of your pay a month or $50 a week, decide on how much you’ll be setting aside each month for your emergency fund.
Tip: Need to make a budget fast? Bankrate has a home budget calculator
Get a savings account
That way, you can access your savings whenever you need them. Ideally, you want to get a savings account with a high-interest rate — just make sure that it’s separate from the account you already use so you’re not tempted to dip into your savings for fun things.
Even better, go for a high-yield savings account, which works pretty much the same as a normal savings account but has a much higher interest rate.
The last thing you want to do is invest your emergency fund. Imagine having to worry about selling your stocks while also thinking about car repairs. Not fun.
Tip: Investopedia has a list of the best high-yield savings accounts
Other tips
Don't compare your financial journey to that of others, a.k.a. don't read other people's money diaries (at least for the time being). While you can learn quite a bit from how others handle their finances, it can also lead to insecurities, envy, and depression — feelings that may stop you from starting your emergency fund in the first place.
Set up a direct debit or standing order to transfer money directly into your emergency fund.
Always replace whatever comes out of your emergency fund and never use it unnecessarily.
If you suddenly come into money, whether through tax refunds, pay bonuses, cash gifts, or inheritance, put at least some of this extra cash in your emergency fund.
Need to get through an emergency without an emergency fund? TIME NextAdvisor has some tips.
Smart About Money has a free, detailed course on how to set up an emergency fund. In particular, it notes that if you're ever in a bad situation financially, you can call 2-1-1 from anywhere in North America to get advice on things like disaster and emergency help, housing and food assistance, employment and education opportunities, and more.
*** For more tips on how to *adult,* subscribe to https://www.projectadulthood.com/, a weekly newsletter on growing up. Think of it as your instruction manual to adulting :)
#adulting#adulting 101#adulting is hard#adulting is weird#adulthood#growing up#the responsible one#life tips#tips#tips and tricks#life skills#life pro tips#life hacks#life happens#life is strange#pro tips#advice#lifehacks#hacks#Adult skills#self sufficiency#self sufficient living#self sufficent#responsible#organized#Organised#organization#organisation#lifestyle#emergency
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Best Think and Grow Rich Quotes
Here I have collected the best Think and Grow Rich quotes by Napoleon Hill that will inspire you.
So a list of 35+ best inspirational quotes from Think and Grow Rich book by Napoleon Hill is in the following:
Best Think and Grow Rich Book Quotes
1. “A quitter never wins—and— a winner never quits.”
2. “Every adversity, every failure, every heartache carries with it the seed of an equal or greater benefit.”
3. “If you are ready for the secret, you already possess one half of it, therefore, you will readily recognize the other half the moment it reaches your mind.”
4. “Set your mind on a definite goal and observe how quickly the world stands aside to let you pass.”
5. “Every person who wins in any undertaking must be willing to burn his ships and cut all sources of retreat.”
6. “FAITH and FEAR make poor bedfellows. Where one is found, the other cannot exist.”
Also Read: 50+ Best Richest Man in Babylon Quotes
Famous Think and Grow Rich Quotes by Napoleon Hill
7. “Mind control is the result of self-discipline and habit. You either control your mind or it controls you. There is no hall-way compromise.”
8. “There is no substitute for persistence. The person who makes persistence his watch-word discovers that “Old Man Failure” finally becomes tired, and makes his departure. Failure cannot cope with persistence.”
9. “Neglecting to broaden their view has kept some people doing one thing all their lives.”
10. “Fear, the worst of all enemies, can be effectively cured by forced repetition of acts of courage.”
11. “Great achievement is usually born of great sacrifice, and is never the result of selfishness.”
Also Read: 55+ Wings of Fire Quotes (Abdul Kalam Book)
Best Napoleon Hill Quotes From Think and Grow Rich Book
12. “If you do not see great riches in your imagination, you will never see them in your bank balance.”
13. “If you fill your mind with fear, doubt and unbelief in your ability to connect with, and use the forces of Infinite Intelligence, the law of auto-suggestion will take this spirit of unbelief and use it as a pattern by which your subconscious mind will translate it into its physical equivalent.”
14. “Every man is what he is, because of the dominating thoughts which he permits to occupy his mind.”
15. “You have a brain and mind of your own. Use it, and reach your own decisions.”
Also Read: 25+ Make Your Bed Quotes by William McRaven
Inspirational Quotes From Book Think and Grow Rich
16. “Whatever the mind of man can conceive and believe it can achieve.”
17. “You are the master of your destiny. You can influence, direct and control your own environment. You can make your life what you want it to be.”
18. “Every man is what he is, because of the dominating thoughts which he permits to occupy his mind.”
19. “To win the big stakes in this changed world, you must catch the spirit of the great pioneers of the past, whose dreams have given to civilization all that it has of value, the spirit that serves as the life-blood of our own country – your opportunity and mine, to develop and market our talents.”
20. “When defeat comes, accept it as a signal that your plans are not sound, rebuild those plans, and set sail once more toward your coveted goal.”
Also Read: 25+ The Alchemist Quotes (Paulo Coelho Book)
Powerful Think and Grow Rich Book Quotes
21. “No two minds ever come together without, thereby, creating a third, invisible, intangible force which may be likened to a third mind.”
22. “Your subconscious mind recognizes and acts only upon thoughts which have been well-mixed with emotion or feeling.”
23. “He had nothing to start with, except the capacity to know what he wanted, and the determination to stand by that desire until he realized it.”
24. “Remember that your real wealth can be measured not by what you have, but by what you are.”
25. “More gold had been mined from the mind of men than the earth itself.”
Also Read: 35+ The Power of Positive Thinking Quotes
If you want to read more quotes then visit: 35+ Think and Grow Rich Quotes (Napoleon Hill Book)
#quotes#inspirationalquoteshub#inspirationalquoteshub.com#think and grow rich#think and grow rich quotes
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Image: Four headlines and images from The Babylon Bee, a satirical conservative Christian online newspaper. Let’s take a look at how these jokes are neither funny nor compassionate.
1. Headline: “Alabama girl crushed as mother explains she may never have opportunity to kill offspring.”
While we’re discussing a bill that leaves no exemptions for rape or incest, it’s important to remember that some very young girls can become pregnant. If the young girl in this story had been living through abuse and sexual assault, and was now having her mother explain to her that she’d soon be dealing with pregnancy and childbirth as well, I can imagine that she would be crushed. This is already happening in other countries where abortion is illegal or heavily restricted. https://www.amnesty.org/en/latest/news/2019/03/latin-america-must-stop-forcing-pregnant-girls-into-deadly-situations/
2. Headline: “Close one: This baby was almost born into poverty but his mother killed him in the nick of time.”
Yes, poverty is a major reason for abortions, especially for mothers who are already taking care of other children. If you care about woman in poverty and want to give them a reason to chose to carry their pregnancies to term, they need affordable child care, good housing, food, and medical care. I wish “pro-life” groups advocated for these things. But as the world is, unplanned pregnancies are more likely to continue the cycle of poverty. https://www.marketwatch.com/story/women-denied-abortions-are-significantly-more-likely-to-experience-poverty-2018-01-18
This headline also seems to imply that the mother had a late term abortion, which is unlikely given the reason. Late term abortions are for wanted pregnancies in which something has gone terribly wrong. Parents mourn ending a pregnancy at this stage; don’t shame them. Here’s one such story: https://www.bustle.com/articles/180946-i-had-a-second-trimester-abortion-i-am-sick-of-hearing-politicians-opinions-about-it
3. Headline: “‘We are living in a totalitarian nightmare’ says protester freely without any fear of government retribution.” (with photo of protesters dressed in red dress and white hats like The Handmaid’s Tale)
This reasoning has been used to shame protesters on a variety of topics. I’m not sure why, as it seems better to speak up while someone still has the right to speak up. (Remember the famous quote from Martin Niemoller, “First they came for the Jews, and I did not speak out because I was not a Jew…”) The reminder that there are still many positive aspects to our government shouldn’t silence the criticism of the bad things. Totalitarian governments don’t happen in a day. They happen slowly, operating through fear and deception to take away freedoms and solidify power. The protesters in this image dress from The Handmaid’s Tale, a 1980s dystopian novel and recent Hulu TV series. The author, Margaret Atwood, made a point to only include details in her story that had happened somewhere in the world. https://historycollection.co/17-moments-in-history-that-inspired-the-handmaids-tale/
4. Headline: “Bunch of backward hicks in Alabama first to ban most barbaric practice know to man.”
I agree that mocking Alabamans is not a kind or helpful way to deal with this problem. However, many have been reasonably criticizing the lack of care this state has for its young children. These politicians are being hypocritical when they focus only on the well-being of fetuses and not the hungry children, foster children, and uneducated children. https://www.scarymommy.com/men-vote-alabama-abortion-ban/
Abortion is no more barbaric than any other surgical procedure. I realize it may seem gross, but so is a C-section (which is more dangerous than an abortion). I consider it barbaric that for being the richest most powerful nation on earth, America is lagging on maternal health care. https://www.amnestyusa.org/the-u-s-maternal-health-crisis-14-numbers-you-need-to-know/
So I continue to be confused by the values of conservatives (who say they care about families) and the values of Christians (who say they care about the poor).
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Take These Financial Steps Before the New Year
The New Year is just around the corner. It is a time to celebrate all the great things in the year while planning some goals for oneself for the upcoming year. While this year might not have gone the way most people planned it to be, it did give us some time to rethink multiple aspects of our lives, one of the most important one being our financial health. The pandemic induced job losses and negative market sentiment took a toll on many people’s lives, reminding us of the importance of money management and financial planning.
Let us look at five financial tips that you can take on before the new year with the worst behind us.
Get Rid of Debt - Before the next year begins, take a pledge to pay back all your debt as soon as possible. Take a look at all your debts and identify the most expensive ones (higher interest rates). Make a plan to pay them all one by one and set time-bound goals for yourself. Make sure you set reasonable goals. No matter how small the amount is that you can afford to pay back at the moment, do not delay.
Pay Yourself First - ‘A part of what you earn is yours to keep’ make this quote from ‘The Richest Man in Babylon’ the foundation of how you save. Make it a point to save at least 10% of your monthly income as soon as you receive it. This is the only way to stay ahead of the curve and grow your wealth. If you keep spending everything you earn, you might enjoy a lavish lifestyle for the time being, but it will be temporary. Your financial health will also not increase.
Stick to a Budget - No incredible feat can be accomplished without a plan. An account is a financial plan that you create to achieve your financial goals—pre-plan how much you wish to save each month. Decide how much you want to spend on needs and how much you want to spend on wants, and then make sure you stick to that amount. This type of financial planning will increase your financial health massively.
Account for Risk - Financial planning involves many components that aim to reduce financial trouble and ensure financial stability. Make sure you have an emergency fund that has enough money to take care of 6 months of your living expenses at least. This fund is like a job loss or accident; it should not be used for any other purposes like a vacation. Make sure you have the necessary insurances. Having life insurance and health insurance is a must, especially if you are the family’s sole bread earner.
Save for the Future - Always plan. When it comes to financial planning, ignorance is not bliss. Understand your financial needs for the future and save for them beforehand accordingly.
The better your financial habits, the more will be your Financial Wellness score on the Wizely app and the more rewards you are likely to earn every day with a chance to earn a mega bounty of up to Rs 25 lakhs every Wednesday!
For more information you can visit here
https://wizely.in/wizeup/5-financial-steps-to-take-before-the-new-year/
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The OuterNational Tour: Thievery Corporation w/ Dessa
Thievery Corporation, with special guests Dessa, embarked on a much needed North American tour to feed the souls of Concerthoppers all across the east coast. You must know that Concerthopper was going to be present for their triumphant return to Atlanta. This time Thievery Corporation performed in a new Atlanta venue called The Eastern and, coincidentally, this would be my first time attending a show at this location as well.
Dessa Wander, better known by her stage name Dessa, is a prolific lyricist, singer, accomplished writer, and a former record executive. You may also recognize her name from the indie hip hop collective, Doomtree. I managed to catch Doomtree some years ago and I knew that Dessa would bring the heat for her opening set. Trust me when I say she did not disappoint the crowd that was in attendance. As I walked around the venue, more people were dancing and enjoying themselves than standing around while Dessa performed. Check out her setlist below!
Want to hear some of Dessa? No worries. Follow this direct link to Dessa’s Official Bandcamp page and hear for yourself!
Setlist – The Eastern (10/02/2021)
· Fighting Fish
· Terry Gross
· Warsaw
· Rome
· Call Off Your Ghost
· Life on Land
· Skeleton Key
· Good Grief
· Jumprope
· I Already Like You
· Dixon’s
· FD
· 5 out of 6
Thievery Corporation is the brainchild of both Rob Garza and Rob Hilton, but I would be remised if I did not include the life blood of this band which is the musicians and the many singers that perform during each tour stop. Starting with Jeff Franca (drums), Rob Myers (sitar/guitar), Frank Orrall (percussion/drums/vocals), and Ashish (Hash) Vyas (bass). Then we have the talented Natalia Clavier, Racquel Jones, Mr. Lif, and Puma rounding out all the vocals while on The Outernational tour. One thing about a Thievery Corporation show that I have always admired and respected is that the setlist is always stack full of chunky, dance hits and incredible, instrumental tracks from their extensive discography.
Setlist – The Eastern 10/02/2021
· Assault
· Omid (Hope)
· Pela Janela
· Originality
· Amerimacka
· Culture of Fear
· Lebanese Blonde
· Illumination
· Roadblock
· Encounter in Bahia
· Sweet Tides
· Richest Man
· The Outernationalist
· Air Batucada
· History
· Letter to the Editor (Remix)
· Voyage Libre
· Heart is the Hunter
· Until the Morning (Remix)
· (The Forgotten People)
· Fight to Survive
· Warning Shots
During the latter part of the night, Mr. Lif had the best quote of the night: “Thievery Corporation is the Wu-Tang of World Music.” You know what, he is not lying. Don’t believe me? Then you still have a few more dates to catch this tour while they are on the road in 2021.
Oct. 6 - The National - Richmond, Va.
Oct. 7 - Neighborhood Theatre - Charlotte, N.C.
Oct. 8 - The Ritz - Raleigh, N.C.
Oct. 9 - Greenfield Lake Amphitheatre - Wilmington, N.C.
Oct. 10 - The Orange Peel - Asheville, N.C.
Oct. 12 - Jannus Live - St. Petersburg, FL.
Oct. 14 - Vinyl Music Hall - Pensacola, FL.
Oct. 15 - Backyard Stage - St. Augustine, FL.
Oct. 16 - The Fillmore Miami Beach - Miami Beach, FL.
Want to read some more about Thievery Corporation? Then follow this link to my 2019 article: Babylon Falling Tour: Thievery Corporation Returns to the Tabernacle. Want to hear some music from Thievery Corporation? Don’t worry, I have that covered as well. Follow this link to the Official Thievery Corporation music page and listen for yourself!
Curious about Concerthopper? You can find more music related articles, interviews, various photo galleries, indie music reviews, our very own ‘Bars & Bites’ section, our exclusive “She Said, She Said” column, or become a Concerthopper at www.concerthopper.com. Sign up for our monthly newsletter by following this link: The Setlist! Please ‘Like’ our page on Facebook and follow us on Instagram to stay up to date in 2021 on all music related events/festivals such as: Welcome to Rockville, Cherub: Live at The Eastern, Ministry: The Industrial Strength Tour (Atlanta), Black Label Society: Live at Georgia Theatre, Boombox: Live at Terminal West, Quicksand: Live at The Masquerade, Knotfest Roadshow (Alpharetta), Silverstein: 20th Anniversary Tour (House of Blues – Cleveland), Dinosaur Jr.: Live at The Masquerade, & Khruangbin: Live at The Eastern by following us on all social media formats: Concerthopper on Facebook, Twitter, and Instagram. Also, you can follow my personal concert hopping on Facebook and Instagram for even more photos not available on Concerthopper.com.
#2021#Thievery Corporation#Dance#World music#Electronic music#atlanta#The Eastern#Concerthopper#Concert#concert review#concert photography#Photography#Review
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61+ Inspiring Quotes From “The Richest Man In Babylon”
61+ Inspiring Quotes From “The Richest Man In Babylon”
“The Richest Man in Babylon” by George S. Clason is one of the most famous and informative books on handling financial matters. It is said to reveal the key to acquiring personal wealth. The book contains parables from the ancient city of Babylon and is narrated by a poor scribe who went on to become “the richest man in Babylon”. Here are some Quotes From “The Richest Man In Babylon” The…
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61+ Inspiring Quotes From “The Richest Man In Babylon”
61+ Inspiring Quotes From “The Richest Man In Babylon”
“The Richest Man in Babylon” by George S. Clason is one of the most famous and informative books on handling financial matters. This book contains parables from the ancient city of Babylon and is narrated by a deficient scribe who went on to become “the richest man in Babylon.” Here are some Inspiring Quotes From “The Richest Man In Babylon” -Our prosperity as a nation depends upon the personal…
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Listen to the full episode hereBrian Buffini came to America with $92 in his pocket and eventually paid off crippling medical debt to achieve wealth and success. In this episode, he examines the common attitudes that prevent people from achieving financial success and outlines...
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Love this! The more action you take, the more opportunities will be presented to you - and it's up to you to take those opportunities or let them fly past you. Reposted from @librarymindset Book- The Richest Man In Babylon #action #quote #book #opportunity #luck #success (at Canberra, Australian Capital Territory) https://www.instagram.com/p/CK0HQ13BhFU/?igshid=de3ene9uq7xb
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Quote Of The Day
Just so it is the sons of men. Give them a choice of gold and wisdom–what do they do? Ignore the wisdom and waste the gold. On the morrow they because they have no more gold. Kalabab, from “The Richest Man Babylon”
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Best Quotes from The Richest Man In Babylon I George S. Clason #bestmoneyquotes
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Take These Financial Steps Before the New Year
The New Year is just around the corner. It is a time to celebrate all the great things in the year while planning some goals for oneself for the upcoming year. While this year might not have gone the way most people planned it to be, it did give us some time to rethink multiple aspects of our lives, one of the most important one being our financial health. The pandemic induced job losses and negative market sentiment took a toll on many people’s lives, reminding us of the importance of money management and financial planning.
Let us look at five financial tips that you can take on before the new year with the worst behind us.
Get Rid of Debt - Before the next year begins, take a pledge to pay back all your debt as soon as possible. Take a look at all your debts and identify the most expensive ones (higher interest rates). Make a plan to pay them all one by one and set time-bound goals for yourself. Make sure you set reasonable goals. No matter how small the amount is that you can afford to pay back at the moment, do not delay. Also read: 5 Ways to Improve Your Financial Habits
Pay Yourself First - ‘A part of what you earn is yours to keep’ make this quote from ‘The Richest Man in Babylon’ the foundation of how you save. Make it a point to save at least 10% of your monthly income as soon as you receive it. This is the only way to stay ahead of the curve and grow your wealth. If you keep spending everything you earn, you might enjoy a lavish lifestyle for the time being, but it will be temporary. Your financial health will also not increase.
Stick to a Budget - No incredible feat can be accomplished without a plan. An account is a financial plan that you create to achieve your financial goals—pre-plan how much you wish to save each month. Decide how much you want to spend on needs and how much you want to spend on wants, and then make sure you stick to that amount. This type of financial planning will increase your financial health massively. Also read: 5 Spending Habits You Need to Break Right Now
Account for Risk - Financial planning involves many components that aim to reduce financial trouble and ensure financial stability. Make sure you have an emergency fund that has enough money to take care of 6 months of your living expenses at least. This fund is like a job loss or accident; it should not be used for any other purposes like a vacation. Make sure you have the necessary insurances. Having life insurance and health insurance is a must, especially if you are the family’s sole bread earner.
Save for the Future - Always plan. When it comes to financial planning, ignorance is not bliss. Understand your financial needs for the future and save for them beforehand accordingly.
And remember,
The better your financial habits, the more will be your Financial Wellness score on the Wizely app and the more rewards you are likely to earn every day with a chance to earn a mega bounty of up to Rs 25 lakhs every Wednesday!
Sounds awesome, right? Download the Wizely app and start earning financial rewards for good financial habits. Source: https://wizely.in/wizeup/5-financial-steps-to-take-before-the-new-year.
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George Clason Quote from The Richest Man In Babylon #quotestoliveby #georgeclasonquote #therichestmaninbabylon #wizbuskout #successquotes https://www.instagram.com/p/CAVFylvFSGJ/?igshid=1mjkni8w1bceu
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Love Your Job - Infinite Ideas | Careers |546019469
Love Your Job Infinite Ideas Genre: Careers Price: $9.99 Publish Date: June 11, 2012 Love your job is a practical collection of tips and techniques that will bring you success at work. It brings together some of the greatest ideas on work and careers from self-help classics: Napoleon Hill's Think and grow rich; Benjamin Franklin's The way to wealth; George S.Clason's The richest man in Babylon, books that inspired generations of readers with simple and effective ideas that continue to resonate today. The wise lessons from these books have been interpreted here using twenty-first century case studies and modern careers and motivational advice. These 50 short, entertaining chapters, which include practical tips and inspiring quotes, are sure to help you succeed in your career.
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